Measuring EDCUtah's Impact Across Utah Dots Measuring EDCUtah's Impact Across Utah

2025/2026 Annual Report

A look at EDCUtah’s work to attract investment, support business growth, and create new economic opportunities across Utah.

Scenic valley & river view of utah

Key performance indicators

79 New Projects dots

79 New Projects

A total of 79 new corporate expansion and relocation projects entered EDCUtah’s pipeline in FY 2026. EDCUtah defines a new project as a company interested in Utah and able to provide three of the following: number of jobs, capital investment, square footage, project timeline, and budget approval.

utah snowy mountains and rock arch
12 Project Wins dots

12 Project Wins

This year, 12 companies announced a final decision to relocate or expand in Utah.

utah downtown view of buildings
8k+ New & Retained Jobs dots

8k+ New & Retained Jobs

The 12 companies that chose Utah also committed to create 6,909 new jobs and retain 1,610 existing jobs over the life of their projects. This is perhaps EDCUtah’s most important KPI because of what it represents: job security and new employment for Utah residents.

two builders talking
$20.2 B Capital Investment dots

$20.2 B Capital Investment

Capital investment (capex) quantifies the total amount of money companies anticipate spending on Utah real estate and equipment over the life of their projects.

three factory workers talking and walking
2.4 M Square Footage Absorption dots

2.4 M Square Footage Absorption

This metric tracks the projected real estate footprint of EDCUtah's project wins—how much physical space these newly-relocated or newly-expanded companies will ultimately absorb.

Companies that chose Utah for expansion, investment, and growth in FY 2026.

Project Wins

Auria
Project Falons
17 Jobs
Weber County

Learn More

Creekstone Energy
Project Flute
$17 billion capex
106 jobs
Millard County

Electroflow

Electroflow
Project Seven Up
$5 million capex
15,000 sq. ft.
10 jobs
Tooele City

Gemco Medical
Project Ruby
30,000 sq. ft.
25 jobs
West Jordan

Link

Karman Space & Defense
Project Raider
$28 million capex
500 jobs
West Valley City

Key Fire Hose
Project Smokejumper
55,000 sq. ft.
25 jobs
West Valley City

Lunar Resources
Project Moon
$60 million capex
150,000 sq. ft.
450 jobs
Salt Lake City

Rodatherm Energy
Project Rod
$45 million capex
1,600 sq. ft.
10 jobs
Beaver County

Route 92 Medical
Project Stronghold
$5 million capex
30,000 sq. ft.
116 jobs
West Jordan

Stadler Rail
Project Interlocken 2025
$189.4 million capex
245,000 sq. ft.
250 jobs
Salt Lake City

Trigg Minerals (American Tungsten & Antimony)
Project Lucy
$287 million capex
60,000 sq. ft.
400 jobs
Garfield County and Iron County

Western Governors University
Project Talon
$2.5 billion capex
620,000 sq. ft.
5,000 jobs
Salt Lake City

Return to Top