Josh Romney has been appointed to the Board of the Governor’s Office of Economic Development. Romney is founder of a real estate company, serves on the board of Charity Vision International, and has done political and fundraising work for his father’s presidential campaigns. Director Spencer Eccles says Romney brings valuable experience and contacts to the group, which aims to recruit and grow companies in Utah.
Work could begin soon on a new oil refinery in Green River, Utah, bringing more than a hundred stable new jobs to that community.
The Governor’s Office of Economic Development will provide more than 12-million dollars in tax incentives to Rock River Resources, based in Houston. It’s agreed to create 125 new jobs at its proposed refinery to be built next to I-70 in Green River. The state has already issued an air quality permit for the project, and construction on rail links to the site could begin this summer.
The latest Zions Bank Consumer Attitude Index numbers revealed today highlight the difference between Utah’s economy and the rest of the country. The Cicero Group does the survey for Zions Bank. Cicero’s Randy Shumway says the small increase of 1.1 points in Utahns’ confidence shows the contrasts between the two stories.
The maker of a small, energy efficient computer is promising to hire 500 people in Utah over the next 5 years in exchange for $2 million worth of state tax rebate incentives. Xi3 (X-I-3) Corporation has offices around the world, but is headquartered in Salt Lake City… and Utah’s government leaders want to keep it that way.
David Politis is Chief Marketing officer for Xi3 corporation. His office is on the 12th floor of the Wells Fargo building in downtown Salt Lake City, and the view is expansive. Politis looks down at the birds.