Monday, August 16, 2010

Utah going after big gains

The Beehive State has been reaching out to California-based technology companies, touting Utah's business-friendly environment, alluring tax incentives, comparatively affordable cost of living and pleasing recreational attractions, including Olympic-grade winter sports facilities.
And it's working.
San Jose-based software company Adobe Systems Inc. is the latest California tech company to announce a major expansion in Utah.
On Aug. 5, Adobe said it plans to build a $100 million campus in either Salt Lake City or Utah County. Utah officials projected campus completion in 2012 and the possibility of additional facilities with 1,000 new jobs over 20 years.
Utah Gov. Gary R. Herbert has made economic development the top priority of his administration, and he happily chatted up Adobe's move.
Send in the Venture Capitalists

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