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  • Economic summit presents ideas on boosting business growth in the region


By Myrna Trauntvein
Times-News Correspondent

Juab County and South Utah County are areas attracting a growing number of inquiries from manufacturers looking to expand in Utah.

An economic summit, a first for the area, presented ideas on boosting businesses in the region. Held Friday at Spanish Fork Middle School, experts spoke about ways to attract more business and the tax boost that comes with business to the area.

Speakers at the first Nebo Economic Summit included Utah Gov. Olene Walker, former Brigham Young University football Coach LaVell Edwards, Cary Peterson, state agriculture commissioner and Jonnie Wilkinson, associate director of the Utah Department of Commerce.

The Nebo summit was organized by the five Chambers of Commerce in Spanish Fork, Santaquin, Springville, Payson and Nephi and area businesses such as Alcoa Engineered Products, Mountainview Hospital and Longview Fibre.

Other organizers included the Nebo School District, Utah Valley State College's small business development center and the state Department of Workforce Services in Spanish Fork.

Gov. Olene Walker, who presented the kick off address at the summit, cautioned that some rural communities in the area have to be prepared for the growth that will come before it arrives.

Walker said south Utah County and Juab County had the opportunity to benefit from spill-over economic development along the Wasatch Front and Salt Lake County.

"This area used to be rural when I went to Brigham Young University," Walker said.

"Now growth along the Wasatch Front is spilling over into Santaquin, Salem, Spanish Fork and will reach Nephi and Mona."

She said that Juab County, for instance, remains primarily an agricultural area despite the area's growth along Interstate-15, but the county should soon see increased industrial growth and new jobs brought to the region.

The growth also would require the area's rural communities to prepare for urban growth challenges such as limited water resources and Interstate 15 congestion, she said.

Walker was referred to the Currant Creek Power Plant, a $350 million, 525-megawatt gas fired plant that will be built in Juab County and is set to have the first phase on-line in 2005.

"We see a potential struggle for cities to determine how to accommodate farmland with urban development, Walker said.

She said a concern brought to her attention by city officials from the region included requests to broaden the Aerospace Aviation Tax Increment Funding Act in order to benefit all Utah airports.

"Things are more positive than what some economists are saying about Utah's economy,"said Russell Fotheringham, a director of the Utah Valley Economic Development Association.

He said some manufacturers are attracted to Payson and Spanish Fork because they have a sizable number of properties served by railway lines.

That is also true for the communities of Mona and Nephi.

"A buildings materials maker, which may add 300 jobs in Utah, and a wood products maker, are looking at Payson and Spanish Fork, because railway-access means raw materials and manufactured foods can be transported easily," he said.

The wood products maker may add 700 jobs in south Utah County.

"Another manufacturer is also planning to substantially expand in the south county area over the next three years. This local company now has about 40 workers, and may add another 200," Fotheringham said.

Of the 70 inquiries made in Utah recently, 30 are for prospective projects in Utah County. In March alone, there were 10 inquiries made, Fotheringham said.

"That's abnormally busy for March, especially since there were no inquiries at all last March," he said.

That compares with a mere five business inquiries in Utah in 2002.

While the South Utah County businesses could, if the process proves successful, add to the economy of Utah County the population spill over could affect the Mona and Nephi communities.

In the past, the "bedroom" community which is what occurs when a worker lives in one area and commutes to work in another, has been a draw on the economy of the bedroom area.

The big boost to the economy of Juab County is the Current Creek Power Plant which will bring a property tax benefit to the county. The needed shot in the arm will bring needed money into the coffers of the county.

"The engine of Utah's economic growth is education and health care services and supporting services for those industries. BYU and UVSC have spun off lots of high-tech activities that helped keep the economy going," said Jim Robson, Utah Department of Workforce Services.