Utah landed a commitment from UPS to build a new $200 million package-operations facility in Salt Lake City.
Utah’s Governor’s Office of Economic Development just signed off on an incentive package for the project, providing UPS with a post-performance tax credit rebate of nearly $4.8 million over eight years.
The UPS facility will create openings for roughly 195 high-paying positions over the next eight years.
In late August, UPS broke ground on a $300 million, 838,000-sq.-ft. package facility in Louisville, Ky. And plans were revealed earlier this year for a 200,000-sq.-ft. office property that will serve as its global technology development center in Parsippany, N.J.