The Governor’s Office of Economic Development (GOED) Board of Directors approved eight rural Utah businesses for Rural Fast Track grants. The eight projects are expected to create up to 84 new jobs paying 110 and 125 percent of the counties’ average wages.
Approved Central Utah projects are listed below:
Applied Composite Technology (ACT) in Gunnison was awarded a $50,000 grant for purchasing equipment and expanding/altering facilities to meet the needs of new helicopter and aircraft contracts. The company expects to create 15 new full-time positions paying at least 110 percent of the county average wage, 20 new full-time positions paying at least 115 percent and 10 new full-time positions paying at least 125 percent of the county average wage (45 in total).
Diamond S Manufacturing in Ephraim received a $50,000 grant for purchasing a water jet cutting machine to increase production, streamline processes, expand into new markets and offer water jet cutting services to other local businesses. The company expects to create one new full-time position paying at least 110 percent of the county average wage.
Far West Construction in Mt. Pleasant will use its $50,000 grant to help construction a manufacturing facility to increase production capabilities and bring more design and engineering operations in house. The company expects to create three new full-time positions paying at least 110 percent of the county average wage, two new full-time positions paying at least 115 percent and one new full-time positions paying 125 percent (six total).
Dutson Supply Company in Delta received a $25,000 grant toward purchasing a service vehicle that will enable the company to go on-site to repair their disabled trucks. The company expects to create one new full-time positions being paid at least 110 percent of the county average wage.
Governor’s Office of Economic Development
