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State Focus – Utah: Consistently Excellent

Buisness Facilities Contributed Content

If you’re looking for consistent excellence, Utah is a sure bet. States for Business: Utah claimed the top spot for 2015—again. Utah has maintained its AAA bond rating since the rating agencies began tracking in the 1960s. Part of Utah’s success can be attributed to its diverse economy. 1 in the Forbes survey.

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Feature Story: Aiming For The Top In Utah

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Herbert became Utah’s chief executive in 2009 when Gov. Taking office in the midst of the Great Recession, with unemployment in Utah peaking at 8.4 What we’ve been able to accomplish in Utah measures up as good or better than anyone out there,” Herbert told BF. Jon Huntsman was named U.S. Ambassador to China.

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Advanced Manufacturing Industry: Dynamic Advancements

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And while baby boomer retirement and economic expansion are two major reasons, it is perpetuated by the lack of STEM (Science, Technology, Engineering and Mathematics) field graduates and the lack of preparation the education system offers students to verse them in mathematical and scientific concepts.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. military and business—will rule the cyber sector tomorrow.

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State by State Incentives Guide

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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

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COVER STORY: 2012 Economic Development Deal of the Year Awards

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Key factors in this evaluation include creative use of incentives, regional cooperation, partnerships with higher education resources, potential for growth and execution of overall economic development strategy. The new plant will be a green facility—it is expected to meet LEED Construction Certification environmental standards.

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