Dura-Line Expands Salt Lake City, Utah, Manufacturing Facilities
The company received a temporary marginal tax reduction, a post-performance corporate incentive part of the Legislature’s Economic Development Tax Increment Financing program.
“We looked at several locations throughout the western U.S. for this expansion, but with our long history of success with our North Salt Lake facility, it just made sense for Dura-Line to put down even deeper roots,” said Dale Wilson, vice president of sales and marketing, U.S. and Canada, at Dura-Line.”
Dura-Line may receive up to 15% of the additional state taxes it will pay over the five-year life of the agreement in the form of a Utah Legislature-authorized Economic Development Tax Increment Financing (EDTIF) tax credit. Each year that the company meets the criteria in its contract with the state, it will qualify for a portion of the total tax credit.
“We’re delighted that a world-class manufacturer like Dura-Line would select the Utah Inland Port Authority for its latest expansion,” noted Theresa A. Foxley, president and CEO of EDCUtah. “We look forward to seeing the continued growth of Dura-Line’s operations across several Utah locations.”
Dura-Line is a leading manufacturer and distributor of telecommunications conduit, cable-in-conduit, and other high-density polyethylene (HDPE) and connectivity infrastructure solutions that serve telecommunications, transportation, and network electrical markets. The company has 1,700 employees and 17 manufacturing facilities across the U.S., Canada, India, Oman, and Europe, serving over 50 countries through a global sales and distribution network.
“Dura-Line’s quality conduit connects individuals and communities to each other and economic opportunities,” added Dan Hemmert, the Office of Economic Opportunity’s executive director. “I’m pleased Dura-Line is expanding in Utah, and I look forward to watching the company grow.”
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