Monday, November 23, 2009

STATE NEWS: Utah Continues to Rank High in Economic Development and Business Creation

Recent rankings support economic development success in Utah and its cities!

The Governor’s Office of Economic Development is pleased that Utah cities and the State of Utah continues to receive economic development recognition in national surveys. Earlier this year, Utah ranked number 2 overall in the prestigious “Top 10 Pro-Business States” from Pollina Corporate. In their report “Rebuilding American’s Economic Power” they ranked each state in the annual study based on job retention and creation. Utah outperformed not only the western states but most of the rest of the country.

Recently, released its ranking of the top 50 places in America to start a business. Logan, Utah is one of only three cities west of the Mississippi to receive the recognition in the reports small metro section as a “Best Place to Start a Business.”
Logan has a wide diversity of economic sectors with a focus on Education, Manufacturing and Processing, Health, Agriculture, Retail and Business Services. The city’s largest employer is Utah State University, other large employers include the Cache County School District, IHC operated Logan Regional Hospital, Thermo-Fisher Laboratories, and Gossner Foods.Because of Logan’s economic climate, a number of Utah companies have chosen to headquarter their businesses in the city including Icon Health & Fitness, Hogi Yogi, S&S Power, Campbell Scientific, and NewDawn Technologies. Logan’s tax structure and pro business environment has made Logan an excellent choice for starting and growing a business according to the CNNMoney report.

Read the rest of the article HERE!

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