Overstock.com Expands in Utah

Utah-based Internet retailer Overstock.com Inc. says it plans to double its software engineering staff by hiring 150 people. The Governor’s Office of Economic Development says the new jobs will bring Overstock a tax credit worth more than $1 million over 10 years.

Overstock says it will hire most of the Java software engineers in the next 12 months. Provo Mayor John R. Curtis says he’s delighted Overstock chose his city to expand the software operation. Overstock and officials made the announcement Thursday.