2 BUS I N E SS I N U T A HBUSINESSINUTAHT A B L E O F C O N TE NT S 8 GOVERNOR INTERVIEW Governor Gary Herbert gets to the heart of what drives the state’s prosperous economy. 14 BUSINESS CLIMATE OVERVIEWWhen it comes to building a strong business climate, leave it to the Beehive State. 18 STATISTICAL PROFILEUtah’s economic might as told in facts and figures. 24 INCENTIVESTech companies find funding through the state’s innovative incentive programs. 28 CORPORATE RECRUITMENTRecruiting firms to the Beehive State is all a matter of building the best business environment. 30 WORKFORCEThrough the governor’s Talent Ready Utah initiative, education, industry and government are all working together to prepare the state’s workforce for the future. 34 MILLENNIALSAs the youngest state in the country, Utah is a magnet for millennials. 36 HIGHER EDUCATIONFrom world-class universities to hands-on technical colleges, higher education in Utah takes workers to new heights. 40 REGION PROFILE: VERNALHigh tech companies and prehistoric relics share the limelight in Vernal. 42 REGION PROFILE: MORGAN COUNTY Just outside of Salt Lake City, this mountain paradise is a breath of fresh air for businesses. 44 REGION PROFILE: CEDAR CITYThere’s always something to celebrate in Festival City USA. www.siteselection.com/cc/utahwww.siteselection.com/cc/utah4 BUS I N E SS I N U T A H46 INFRASTRUCTURENew projects and opportunities are poised to benefi t one of the fastest-growing states in the nation. 50 LIFE SCIENCELife science and biopharma fi rms are headed west to Utah. 52 TECHNOLOGYTechnology and innovation abound in the Beehive State. 54 HEALTH CARE OF TOMORROWFrom life-saving technology to a culture of caring, Utah’s health care industry looks toward the future. 57 AEROSPACE & SOFTWAREHill Air Force Base and its private partners are on the forefront of innovation with aerospace and software technology. 60 AUTOMATION & POWERInnovations at home and on the road pave the way for Utah’s tech companies. 64 ADVANCED MANUFACTURINGFrom electronics to processed foods and primary metals, “What Utah makes, makes Utah.” 67 OUTDOOR RECREATIONWith fi ve national parks, 14 ski resorts and millions of acres of public land, Utah’s outdoor amenities are world-famous. 70 HISTORYFrom its humble beginning in 1847, Utah has lead the way in innovations and life-changing technology. 73 PHOTO GALLERYSee why Utah’s early settlers stopped in their tracks to say, “This is the Place.” 80 INDEX TO ADVERTISERS6 BUS I N E SS I N U T A HON L I N E E DI T I ONTAKE THIS GUIDE WITH YOU ENJOYRead the digital edition on your tablet and phone. Click on links within articles for even more information. SHAREShare the magazine on social media with your friends and community. LINKFeature the magazine on your blog, website or newsletters with a link or one of our easy-to-use tools.siteselection.com/cc/utahThe publishers believe that the information contained in this publication is accurate. However, the in formation is not war ranted, and neither Conway, nor Business In Utah, assumes any liability or responsibility for actual, consequential or incidental damages re sulting from inaccurate or erroneous information. PHONE: (770) 446-6996 • FAX: (770) 263-8825 • TOLL FREE: (800) 554-5686 email: editor@conway.com web: siteselection.com/cc/utah Business In Utah is published by Conway, 6625 The Corners Parkway, Suite 200, Peachtree Corners, GA 30092 USA. PRINTED IN USA. ©2018 Conway CEO LAURA LYNE President & Publisher ADAM JONES-KELLEY Executive Vice President RONALD J. STARNER VP of Publications & Editor in Chief MARK AREND Managing Editor of Custom Content SAVANNAH KING Managing Editor ADAM BRUNS Senior Editor GARY DAUGHTERS Art Director SCOTT LARSEN Production Manager BOB GRAVLEE Lead Designers SEAN SCANTLAND, RICHARD NENOFF, NEGIN MOMTAZ Jr. Graphic Designer JONATHAN THERRELL Chief Analyst ESTHER CASHBAUGH Vice President of Sales CHARLES FITZGIBBON Vice President of Corporate Development PAUL TARRANTS Marketing Manager STEPHANY GASPARD Circulation Manager JULIE CLARKE DIGITAL TECHNOLOGY TE AM Director of IT DAVID SODEN Webmaster BEN YAWN Database Administration Manager DANIEL BOYERNext >