1. 1 Welcome To Utah March 18, 2010

2. 2 Economic Development Corporation of Utah edcUTAH Creating jobs and capital investment in Utah  Public, private nonprofit partnership  Chartered in 1987  Statewide representation  Partnered with State of Utah in January 2005  230+ members  18 full-time staff

3. 3 Governors Office of Economic Development GOED Business creation, growth and recruitment  Governor re-organized Economic Development Office  Clusters formed  GOED contracted with edcUTAH in 2005  Solid partnership developed

4. 4 Why Utah?

5. 5 Why is Utah Hot? 1# Best Managed State Government – Pew Charitable Trust, 2008 Grading the States Utah #2 Best Business State –Pollina Corporate, 2009 “Rebuilding American’s Economic Power” Utah Ranked 3 rd Best State for Business – Forbes.com, 2009 Best States for Business Salt Lake City 3 rd Best Performing City in America – Milken Institute, 2009 Best Performing Cities Index Utah Ranked 5 th for America’s Top Business States – CNBC, 2009 America’s Top States for Business Salt Lake City 7 th Best City for Jobs – Forbes.com, Best Cities for Jobs in 2009

6. 6 Why Utah? Workforce –Young –Highly educated Location –Crossroads of the West Expertise in key Industries Low Business costs and Business Friendly –Utilities and Taxes Quality of Life

7. 7 Demographics

8. 8 Geography Overview Wasatch Front = 100 mile corridor Weber, Davis, Salt Lake & Utah Population = 2.8 million Utahns Salt Lake MSA – 1,099,459 Ogden/Clearfield MSA – 515,355 Provo/Orem MSA – 506,413 St. George MSA – 138,428 Logan MSA – 114,488 Rural Utah – 271,320

9. 9 Public Transit 3 Million+ Monthly Ridership TRAX Light Rail expansion East-West lines Downtown to SLC Airport Connecting cities in SLCounty FrontRunner expansion Salt Lake – Weber County Salt Lake – Utah County Source: UTA (Sep. 2009)

10. 10 Key Demographics Youngest state in the nation 20% of Utah’s population is enrolled in grades K-12! Median age – 29 Highly educated 27% with college degree 91% with high school diploma Strong work ethic Average turnover rate – 11.2% Fewer sick days – 6 th healthiest state Fewer work breaks – lowest percentage of smokers in the U.S. Sources: Decision Data Resources, The Employers Council, United Health Foundation The Gateway

11. 11 Ready & Stable Workforce 71% of in-state Utah graduates stay in state – Utah Foundation 43% of out-of-state Utah graduates stay in state – Utah Foundation

12. 12 High World Language Skill Set Facts: Residents speak 90% of the world’s written languages 60% of public school students study a world language 180 languages are spoken by U of U students 80+ language courses are offered at BYU 77% of BYU students speak a second language 47% of BYU students have lived outside the U.S. for 1+ years Sources: Utah State Office of Education, University of Utah, Brigham Young University “Per capita, Utah is the most linguistically diverse region of the U.S.” -Time Magazine

13. 13 Competitive Forces

14. 14 Business Focused Government State Priorities: –Energy –Education –Economic Development

15. 15 Business Focused Government Life Sciences Myriad Genetics ARUP Laboratories Nelson Labs Merit Medical Software & IT Omniture/Adobe EBay Disney Interactive Aerospace & Aviation Hill Air Force Base ATK Hexcel Corporation Outdoor Products & Recreation Salomon Rossignol Black Diamond Defense & Homeland Security Hill Air Force Base ATK Northrop Grumman Financial Services Zions Bank Wells Fargo Key Bank Goldman Sachs Energy & Natural Resources Rocky Mountain Power Questar Gas Corporation Firstwind Raser Technologies

16. 16 Job Growth - Recovery “Utah projected as one of three states to have full recovery by 2011” -IHS Global Insight, June 2009 Source: Governor’s Office of Planning & Budget

17. 17 Crossroads of the West Source: 2003 Rand McNally Atlas 3 major interstates 1-day to 2-day delivery to western U.S. Full-service customs port of entry 2 major rail lines

18. 18 Convenient Airport Access & Travel Source: Salt Lake Airport Authority Delta’s 2 nd largest hub 10 min. from downtown Salt Lake City International Airport 700+ daily flights Direct to Tokyo & Paris

19. 19 Low Cost of Doing Business Source: Milken Institute (July 2007)

20. 20 Low Cost of Doing Business Top 10 States Bottom 10 States Key

21. 21 Greatest Snow on Earth Source: Ski Utah

22. 22 Outdoor Activities Utah is home to 5 national parks, 7 national monuments, 2 national recreation areas, and 6 national forests  Arches National Park  Bryce National Park  Canyonlands National Park  Capital Reef National Park  Zion National Park Source: Utah Travel & Adventure

23. 23 Cultural Activities Home to a Wide Range of Cultural and Performing Arts  Utah Symphony and Opera  Ballet West  Pioneer Theatre Company  Utah Shakespearean Festival  SUNDANCE FILM Festival  Repertory Dance Theater  Ririe Woodbury Dance Company  Egyptian Theatre  Mormon Tabernacle Choir  Children’s Dance Theatre Source: Utah Travel & Adventure

24. 24 Examples of Recent Success

25. 25 Recent Expansions

26. 26 Project Donut – Duncan Aviation 657 new aerospace/aviation jobs in Provo $58 M in capital investment Project Hudson – Avalanche Software / Fall Line Studios 565 new IT jobs in Salt Lake City $15 M in capital investment Project Gold Rush – Procter & Gamble 1,000 new manufacturing jobs in Box Elder County $540 M in capital investment Project Jackrabbit – First Wind 25 new energy (wind farm) jobs in Milford $400 M in capital investment Recent Expansions

27. 27 Project Topaz – eBay 50 new IT jobs in South Jordan $334 M in capital investment Project Flash – Reckitt Benckiser 100 new distribution jobs in Tooele $32 M in capital investment Project Heart – WorldHeart Corporation 65 new & 35 retained life sciences jobs in Salt Lake City $18 M in capital investment Project Wellspring 2 – Cephalon 50 new manufacturing jobs in Salt Lake City $18 M in capital investment Recent Expansions

28. 28 Recent Expansions Thank You Goldman Sachs

29. 29