Two manufacturing companies are expanding in Utah, creating a total of up to 293 jobs and more than $51 million in investment in the state over the next seven to eight years. Food manufacturer Litehouse Inc. will expand its operations in Hurricane, adding up to 165 jobs and $40 million in capital investment. In Cache County, aerospace battery manufacturer Electronic Power (EP) Systems will invest $11.6 million and add up to 128 jobs.
Idaho-based Litehouse produces and markets refrigerated food products such as salad dressing, cheese, sauces, and dips, with an ever-expanding product portfolio and national distribution. The Hurricane, UT facility expansion will continue to support dressing, dip and sauce production and the company’s growing distribution needs throughout the U.S.
“Our goal is to continue to add jobs to the communities that have helped us grow into a dominant leader in our industry,” said Jim Frank, Litehouse CEO. “We are so pleased to announce our expansion in Hurricane and we look forward to being a strong partner to the community that has been so supportive of Litehouse.”
The Litehouse project will create up to 165 jobs in southern Utah over the next eight years.
“Litehouse will add quality jobs to the Hurricane community and the state’s manufacturing economy,” said Val Hale, executive director of the Governor’s Office of Economic Development (GOED). “Their expansion will benefit our business environment.”
Litehouse may earn up to 20 percent of the new state taxes it will pay over the eight-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Litehouse, the GOED Board of Directors approved a post-performance tax credit rebate not to exceed $346,763. Each year as Litehouse Foods meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.
“We’re happy that Litehouse is finding success and will be expanding their presence in Washington County,” said Jeriah Threlfall, executive director of St. George Area Economic Development. “We are not surprised they are succeeding. Litehouse is a great company and Hurricane City is an excellent place to do business.”
Electronic Power Systems Grows In Northern Utah
Electronic Power (EP) Systems will expand to Utah’s Cache County, adding up to 128 jobs to the community and $11.6 million in capital investment. The California-based aerospace battery manufacturing company integrates key technologies such as lithium-ion batteries, converters, controllers, software and mechanical packaging for major industrial and aerospace markets.
“We are happy to announce our expansion plans into the state of Utah,” said Nathan Millecam, CEO of Electric Power Systems. “We are excited to tap into the state’s industrious, innovative workforce, and build a world class Energy Storage System product line that makes the world safer, cleaner, and more mobile. We’d like to thank GOED and Logan City for their work in bringing us here, and look forward to joining and contributing to these wonderful communities.”
The EP Systems project will create up to 128 jobs over the next seven years at its new facility near the Logan-Cache Airport. .
“We are excited to see EPS’s decision to relocate to Cache County,” said Theresa Foxley, president and CEO of the Economic Development Corporation of Utah. “This project is a great example of Team Utah’s collaborative approach to winning projects. We appreciate our partnership with GOED, USTAR, Utah State University and community leaders and their hard work to make this project a reality.”
EP Systems may earn up to 20 percent of the new state taxes it will pay over the seven-year life of the agreement in the form of a post-performance EDTIF tax credit rebate. As part of the contract with EP Systems, the GOED Board of Directors has approved a post-performance tax credit rebate not to exceed $1,674,781. Each year as EP Systems meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.
“EP Systems will be a wonderful addition to the very diverse group of technology businesses that we have in Logan and Cache County,” said Logan City Mayor H. Craig Peterson. “We’re excited to witness EP Systems growth, as well as its continued, mutually-beneficial collaboration with Utah State University. We’re pleased with the influx of new jobs, but particularly the significant addition of engineering positions this project brings and what that means in terms of new opportunities for our university graduates, as well as those seeking to make their way back to Logan.”
Relocating or Expanding Your Business In Utah
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