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State Awards Company Incentives to Build Plant

State Awards Company Incentives to Build Plant

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SALT LAKE CITY (AP) -- A fiberglass insulation company will get $4 million in state incentives for building a plant in Nephi that will employ 99 people.

Governor Jon Huntsman's economic development board awarded the incentives yesterday.

Lakeland, Florida-based FiberTEK Insulation will spend $32 million on the new facility.

State officials say the new jobs will pay average wages of $30,000 a year.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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