Tech Company Xactware Solutions Breaks Ground on New Building

Aug 23, 2012

Utah based company Xactware Solutions broke ground today on their new two-hundred and ten thousand square foot facility.

A crowd of employees cheered as Governor Gary Herbert, Congressman Jason Chaffetz and executives from Xactware used shovels to break ground on a new state of the art company campus. Xactware was founded in Utah in 1986 and creates software for professionals who need estimates, replacement costs, and trending data on buildings or structures. Jim Loveland, President and CEO at Xactware Solutions, says the company’s quick growth in the last few years is almost unexpected.

“We’re excited. Obviously when we broke ground on our last building-90,000 square foot campus- we never thought that just a mere four years later we’d be looking for another location, another campus,” Loveland says.

Governor Herbert says companies like Xactware are thriving in Utah as a result of the state’s unique dynamic.

"Because of a good, skilled labor force, that’s young, energetic, high tech savvy, bilingual, we’ve now created an atmosphere that business entrepreneurs want to be a part of," Herbert says.

The building is part of a larger Traverse Mountain project and it’s anticipated to be finished by February, 2014.