Posted Jul 4, 2018, 2:07 PM
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Join Date: Aug 2006
Location: Downtown Los Angeles
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Salt Lake City gives rail-car firm 20-year, $9.6 million development deal to construct manufacturing plant and create 1,000 jobs
A first-of-its-kind Salt Lake City development incentive to help a Swiss rail-car maker build and staff a manufacturing plant with 1,000 employees won city approval Tuesday...Stadler Rail plans a nearly 1 million-square-foot plant to be built in four phases on a 63-acre site near 5600 West and Interstate 80 in the city’s northwest quadrant. Under the agreement with the city’s Redevelopment Agency, the firm will receive increment financing to support construction of roads, utilities, a test track for rail cars and a rail spur...
(Al Hartmann | Tribune file photo) Stadler company officers and Utah leaders tour one of Stadler's new TEXRail trains. The company broke ground for a new Stadler plant at 100 S. 5600 West in Salt Lake City, Oct. 13, 2017. Stadler US is an affiliate of a Swiss rail-car-manufacturing company. The project has received a tax incentive from the Governor's Office of Economic Development, which anticipates it will result in the creation of many new, high-paying jobs.
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Originally Posted by Makid
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Last edited by delts145; Jul 4, 2018 at 2:40 PM.
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