$73 million capex
The Utah Governor’s Office of Economic Opportunity (Go Utah) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that Orbia’s Connectivity Solutions business, Dura-Line, LLC, plans to bring up to 62 new high-paying jobs to Utah during the next five years. Capital expenditures associated with the project are $73 million.
Dura-Line is a leading global manufacturer and distributor of telecommunications conduit, cable-in-conduit, and other High-Density Polyethylene products that create physical pathways for fiber and other network technologies connecting cities, homes, and people.
“Dura-Line’s quality conduit connects individuals and communities to each other and economic opportunities,” said Dan Hemmert, the Office of Economic Opportunity’s executive director. “I’m pleased Dura-Line is expanding in Utah, and I look forward to watching the company grow.”
Dura-Line plans to build two production facilities in the Greater Salt Lake City area.
“We looked at several locations throughout the western U.S. for this expansion, but with our long history of success with our North Salt Lake facility, it just made sense for Dura-Line to put down even deeper roots,” said Dale Wilson, vice president of sales and marketing, U.S. and Canada, at Dura-Line.”
As part of the agreement with the Office of Economic Opportunity, Dura-Line may receive up to 15% of the additional state taxes it will pay over the five-year life of the agreement in the form of a Utah Legislature-authorized Economic Development Tax Increment Financing (EDTIF) tax credit (U.C.A. 63N-2-106(2)). Each year that Dura-Line meets the criteria in its contract with the state, it will qualify for a portion of the total tax credit.
“We’re delighted that a world-class manufacturer like Dura-Line would select the Utah Inland Port Authority for its latest expansion,” said Theresa A. Foxley, president and CEO of EDCUtah. “We look forward to seeing the continued growth of Dura-Line’s operations across several Utah locations.”
Katherine Morrell-Moser, senior business development manager, led Project Dipsy for EDCUtah.
Investors: If you were involved in this project and would like to add your organization to this announcement, please email firstname.lastname@example.org.
Senior Business Development Managerkmorrell@edcutah.org