Robert Paisola's Western Capital Data Centers Confirm that 28 New Companies Move to Utah- Where Are the Employees?
Utah's Department of Economic Development recruitment efforts have brought 28 companies to the state during 2006 and the first part of fiscal year 2007, Bringing New Unexpected Business to Mycollector.com .
Salt Lake City, UT, February 21, 2007 --(PR.com)-- The Utah Governor’s Office of Economic Development (GOED) reported Friday during the monthly board meeting that business recruitment efforts have brought 28 companies to the state during 2006 and the first part of fiscal year 2007.
This will result in $3 billion in new wages being paid over 10 years to 8,000 new Utah workers. New business capital investment will exceed $2 billion during the same period, officials said.
"If market conditions were to remain strong over the next 10 years, state tax revenues could grow to over $4 billion, from current economic development initiatives," said Michael Nelson, managing director for the State Recruitment and Incentives.
The Economic Development Tax Increment Funding along with the Industrial Assistance Fund are among the economic development tools the legislature has provided for GOED. Post-performance incentives have allowed the state to induce companies to invest heavily in Utah infrastructure and jobs.
In creating the economic growth, the state has committed $67 million in post-performance tax rebates, which will be returned to the participating companies over the next 10 years.
"On a comparative basis with other states, Utah has been successful at diversifying our industry and job portfolio," Nelson said.
The big question on the minds of State of Utah leaders is how will these companies meet employee generation requirements in Utah's Fast Growing Economy, which is already strapped for labor?
Robert Paisola, the CEO and President, of Utah based Western Capital Financial said, "With the unexpected influx of new businesses into the State of Utah, we have been getting more business that we can handle, Paisola continued, " We have even had to outsource some very lucrative contracts in order to meet the timeline being demanded by the new companies" said Robert Paisola.
During the board meeting, Jason Perry, GOED executive director, reported on several bills being moved forward in the current legislative session. Among those pieces of legislation is Senate Bill 10, called the Rural Fast Track Program.
"SB10 will further promote business and economic development in rural Utah because it allows small companies to apply for incentives to create high paying jobs and build infrastructure," Perry said.
Eligible areas of the state will have populations of less than 30,000 and average household incomes under $60,000.
The Rural Fast Track Program is expected to be implemented pending Governor Huntsmans Signature.
###
Robert Paisola is driven by a passion for people--motivating them to reach for the highest standards of success. As founder and president of many International Corporations including Western Capital and The Success Training Network, Robert trains sales and marketing professionals who want to strive to get to the top...and stay there.
Robert's innovative, no-nonsense approach is based on applying what he has observed in his fifteen-plus years in sales, motivational speaking and debt collection training, thus revealing the common business habits of the top 20% of sales performers in all organizations. His approach works...that's why New York-based Success Magazine has rated Robert Paisola as one of the top-five most effective sales-training professional in the market today.
Routinely Distinguished by The National Speakers Forum, Robert is also a regular contributor to Business Week Magazine, CNN, CNNFN, XM Satellite Radio, The Wall Street Journal, Telemundo International, National Public Radio and many other organizations. Robert Paisola is also an International Travel Writer and Certified Expert for magazines such as Conde Nast Publications and The National Geographic Society.
His award winning investigative reporting articles have gained him worldwide recognition. While in Mexico, he uncovered a large time share "fractional sales" scam at the Playa Del Sol Hotel. Click here to read the report.
If you are looking for personalized service, Robert now has a reduced Fee Schedule.
Robert is an senior journalist at:
CNNLegal.com
ExpertClick.com
AllExperts.com
For more information on Robert Paisola's unique training programs, please contact Robert directly at 877-517-9555 or visit RobertPaisola.com
This will result in $3 billion in new wages being paid over 10 years to 8,000 new Utah workers. New business capital investment will exceed $2 billion during the same period, officials said.
"If market conditions were to remain strong over the next 10 years, state tax revenues could grow to over $4 billion, from current economic development initiatives," said Michael Nelson, managing director for the State Recruitment and Incentives.
The Economic Development Tax Increment Funding along with the Industrial Assistance Fund are among the economic development tools the legislature has provided for GOED. Post-performance incentives have allowed the state to induce companies to invest heavily in Utah infrastructure and jobs.
In creating the economic growth, the state has committed $67 million in post-performance tax rebates, which will be returned to the participating companies over the next 10 years.
"On a comparative basis with other states, Utah has been successful at diversifying our industry and job portfolio," Nelson said.
The big question on the minds of State of Utah leaders is how will these companies meet employee generation requirements in Utah's Fast Growing Economy, which is already strapped for labor?
Robert Paisola, the CEO and President, of Utah based Western Capital Financial said, "With the unexpected influx of new businesses into the State of Utah, we have been getting more business that we can handle, Paisola continued, " We have even had to outsource some very lucrative contracts in order to meet the timeline being demanded by the new companies" said Robert Paisola.
During the board meeting, Jason Perry, GOED executive director, reported on several bills being moved forward in the current legislative session. Among those pieces of legislation is Senate Bill 10, called the Rural Fast Track Program.
"SB10 will further promote business and economic development in rural Utah because it allows small companies to apply for incentives to create high paying jobs and build infrastructure," Perry said.
Eligible areas of the state will have populations of less than 30,000 and average household incomes under $60,000.
The Rural Fast Track Program is expected to be implemented pending Governor Huntsmans Signature.
###
Robert Paisola is driven by a passion for people--motivating them to reach for the highest standards of success. As founder and president of many International Corporations including Western Capital and The Success Training Network, Robert trains sales and marketing professionals who want to strive to get to the top...and stay there.
Robert's innovative, no-nonsense approach is based on applying what he has observed in his fifteen-plus years in sales, motivational speaking and debt collection training, thus revealing the common business habits of the top 20% of sales performers in all organizations. His approach works...that's why New York-based Success Magazine has rated Robert Paisola as one of the top-five most effective sales-training professional in the market today.
Routinely Distinguished by The National Speakers Forum, Robert is also a regular contributor to Business Week Magazine, CNN, CNNFN, XM Satellite Radio, The Wall Street Journal, Telemundo International, National Public Radio and many other organizations. Robert Paisola is also an International Travel Writer and Certified Expert for magazines such as Conde Nast Publications and The National Geographic Society.
His award winning investigative reporting articles have gained him worldwide recognition. While in Mexico, he uncovered a large time share "fractional sales" scam at the Playa Del Sol Hotel. Click here to read the report.
If you are looking for personalized service, Robert now has a reduced Fee Schedule.
Robert is an senior journalist at:
CNNLegal.com
ExpertClick.com
AllExperts.com
For more information on Robert Paisola's unique training programs, please contact Robert directly at 877-517-9555 or visit RobertPaisola.com
Contact
Western Capital Financial Services, Inc
Robert Paisola
1-801-619-4700
www.mycollector.com
ABOUT YOUR AUTHOR:
Robert Paisola is driven by a passion for people - motivating them to reach for the highest standards of success. As founder and president of many International Corporations including Western Capital and The Success Training Network.
Robert Paisola
1-801-619-4700
www.mycollector.com
ABOUT YOUR AUTHOR:
Robert Paisola is driven by a passion for people - motivating them to reach for the highest standards of success. As founder and president of many International Corporations including Western Capital and The Success Training Network.
Contact
Categories