In the News
USTAR breaks ground on new $130
The Utah Science Technology and Research Initiative broke ground yesterday on
a new, $130 million dollar research facility on the campus of the University
of Utah. University President Michael Young said the facility will allow many
innovations to be discovered that will help the Utah economy. (KCPW)
New Federal spending could boost geothermal energy
The riskiest part of geothermal energy development is proving that there's
enough hot water underground to run a power plant. That's where researchers
would like to see the new money made available from the federal government
used as private industry scrambles to meet the demand for renewable energy.
In the fast lane: Utah speeds past other states
in road spending
Utah, unlike many states, is in the fast lane when it comes to steering
stimulus cash to highway projects. (Salt
Utah's national parks to get stimulus money
The Obama administration celebrated Earth Day on Wednesday by announcing $750
million worth of stimulus-funded projects to improve national parks and
monuments. That included at least some money for 12 of the 13 National Park
Service units in Utah, or all of them but Rainbow Bridge National Monument.
(Salt Lake Tribune)
Utah Governor Huntsman on Monster Energy Supercross: This is the Greatest Sport in the World
Utah Governor Jon Huntsman Jr. welcomed back Monster Energy© AMA Supercross, an FIM World Championship, to Salt Lake City's Rice-Eccles Stadium today at a press conference with Honda Red Bull Racing's Andrew Short, Davi Millsaps and Ivan Tedesco and Muscle Milk/MDK/KTM's Justin Brayton and Michael Sleeter. (SuperCross Online)
Salt Lake City prepping for plug-in cars
It won't happen overnight, but someday soon in Salt Lake City you may see
electric cars recharging their batteries by plugging in to newfangled parking
meters or tethering to outlets in downtown parking lots.
Utah firm helps mitigate carbon emissions
Two high-profile capital investment firms are banking on a privately owned
Utah company to help them become major players in the emerging greenhouse gas
and carbon trading markets.
Utah health reform a model for U.S.?
As the nation moves to reform its health care system, Congress should look to
Utah as an example of a market-based solution, Utah House Speaker Dave Clark
plans to testify Tuesday at a hearing in the nation's capital. (Salt
Looking for the bottom
Sometimes recovery isn't possible until you hit rock bottom. Mark Knold, chief
economist for the Utah Department of Workforce Services, believes that's true
for Utah's recession. The question on everyone's mind is, "When will that be?"
Knold aggress with the optimists that it could be as soon as later this year.
Air Force wants hotel at Quinn's Junction
Despite statements from the military that reject The Canyons as a future hotel
site, elected officials in Summit County, who are desperate to stop the Air
Force from building a resort at Quinn's Junction, continue to push a parcel
near State Road 224 for the controversial development. (Park
High school will offer biomanufacturing classes
High school is no longer just about reading, writing and 'rithmetic. Soon it
will also be about biomanufacturing. The Granite Technical Institute is
gearing up to offer the state's first biomanufacturing education program for
high school students this fall. (Salt
Ogden razes houses for Riverfront project
Growing impatient with the California developer of the proposed Ogden
Riverfront Project, the municipality began demolishing eight rundown houses
this week along Grant Avenue. (Salt
Logan River water to power mill
Water diverted from the Logan River will provide electricity again at a Logan
flour mill. (Salt
City putting stimulus to work
It's back-to-work season for St. George city officials - and hopefully for
local construction crews - as a series of stimulus-fueled construction
projects are slated to start this summer. (Spectrum)
Raser's Hatch plant delivering power to California
Raser Technologies, Inc., a leader in energy technologies, announced that the
Hatch Geothermal Power Plant, Beaver County, UT, began delivering clean,
renewable electricity to the City of Anaheim, California.
(Utah Business Magazine)
April 29 - May 1
SME (San Diego, CA)
New Investor Orientation (EDCUtah)
IAMC (Asheville, NC)
Windpower 2009 (Chicago)
EDCUtah Board meeting (Sheraton Salt Lake City)
ICSC (Las Vegas)
EDCUtah Golf for Grants Match Grant Tournament (Eaglewood Golf Course in
North Salt Lake). This is the main fundraiser for EDCUtah's Community Match
Grants Program. Sponsorship opportunities for 2009 are limited to investors
in EDCUtah and are now available. Please call Arthur Franks, membership
director for EDCUtah at (801) 323-4242 to secure your sponsorship
Quarterly Investor Update (TBD)
New Investor Orientation (EDCUtah)
Executive Committee Meeting (EDCUtah)
OIA Thought Leader (TBD)
Outdoor Retailer Summer Market (SL Convention Center)
AUVSI (Washington, D.C.)
Why Be an Investor?
Board of Trustees
The EDCUTAH Economic Review is a weekly publication of the Economic Development Corporation of Utah. It is distributed to EDCUTAH partners and selected other government and civic organizations interested in Utah's economic development.
If you prefer not to receive this newsletter, please click Unsubscribe below.
Your comments and suggestions regarding this newsletter are always welcome.