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SALT LAKE CITY — The Governor’s Office of Economic Development has announced incentives for companies that will result in nearly 400 full-time jobs and hundreds of short-term positions over the next five years in the film and media industry.
The office issued a press release Thursday indicating that health care data firm Health Catalyst will expand its headquarters location in Salt Lake City, creating 291 new jobs. Founded in 2008, Health Catalyst is a health care data warehousing and analytics organization.
The company is expected to hire data architects, clinical data analysts, process improvement consultants and business intelligence developers, among other positions.
Prime Inc. will open new operations in Utah, creating more than 100 new jobs and more than $40 million in capital investment, according to the release. Prime Inc. is a trucking company headquartered in Springfield, Missouri. The Utah location will serve as a hub for the company's Western operations.
The company has indicated that its expansion will create up to 129 jobs over the next five years.
The office also announced that six film productions, including a new ABC television series “Blood & Oil,” were approved for state incentives. The show is the first network television series to be filmed in Utah since 2006. Approved for a tax credit of $8,340,230, the production will hire more than 3,000 local cast and crew and will have an estimated economic impact of $33.3 million in the state.
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Utah best performing state in economic growth 2nd year in a row
Utah is again setting an example for the nation. The Beehive State ranked as the best overall performing state in economic growth for the second year in a row, according to a 2014 U.S. Chamber of Commerce Foundation study. (Photo: Spencer Hall/KSL)The five other productions, two reality shows and three feature films, have a projected in-state spend of $3.1 million and will hire more than 800 local cast and crew.
Magilla Entertainment is producing a reality series called “Diesel Dave“ for the Discovery Channel and was approved for a maximum tax credit of $145,000, which represents 20 percent of dollars left in the state.
“Monolith,” produced by Picturesque Films, is an Italian production that will film in Kanab and was approved for a maximum tax credit of $100,000, which represents 20 percent of dollars left in state.
“Mythica” is projected to spend $1.1 million dollars in the state. Produced by Utah based Camera 40 Productions, the film was approved for a maximum tax credit of $278,075, which represents 25 percent of the dollars left in state.
Narrator Entertainment was approved for a maximum tax credit of $67,926, which represents 20 percent of dollars left in the state, for the production of “Stepsisters.” The independent feature will begin production this August and hire an estimated 168 local cast and crew.
Lastly, “Utah ProStart Teen Chef Masters,” produced by REEL People Productions, a local production company, was approved for a maximum tax credit of $86,748.40, which represents 20 percent of dollars left in state.
All of the approved projects begin production this summer.
