News Releases
Texas Instruments to build new chip factory in Lehi, bringing hundreds of jobs to the state
The $11 billion investment will create 800 direct TI jobs and thousands of indirect jobs
Today, the Utah Governorâs Office of Economic Opportunity awarded Texas Instruments Incorporated (TI) a post-performance tax reduction for its new semiconductor factory in Lehi, Utah. The corporate incentive is part of the stateâs Economic Development Tax Increment Financing (EDTIF) program.
âThe federal government recognized at the front end of the pandemic that our countryâs reliance on overseas semiconductor manufacturing is a national security issue. This project represents a significant step toward strengthening the U.S. supply chain,â said Scott Cuthbertson, president and CEO of EDCUtah. âTexas Instrumentsâ commitment of this transformational investment will have a lasting impact on Lehi and Utahâs manufacturing industry for generations.â (Read More)
Romney applauds largest economic investment in Utah history
U.S. Senator Mitt Romney (R-UT) today applauded an announcement by Texas Instruments Incorporated (TI) that it has selected Lehi, Utah, for its next 300-millimeter semiconductor wafer fabrication plant (or fab). This landmark $11 billion investment marks the largest economic investment in Utah history, and was made possible by the passage of the Romney-backed CHIPS and Science Act. Romney supported the CHIPS and Science Act to advance and solidify the United Statesâ leadership in scientific and technological innovation through increased investments in the discovery, creation, and manufacturing of technology critical to U.S. national security and economic competitiveness. (Read More)
Despite challenges, Utahâs tourism industry reports record visitation and spending in 2021
Utahâs travel and tourism industry saw record visitation and spending in 2021, according to the latest annual industry report released today by the Kem C. Gardner Policy Institute. The report notes that 2021 visitor spending was up 49.5% from 2020 to a record $10.56 billion. (Read More)
Hatch Foundation to recognize Senate Republican Leader Mitch McConnell and former Transportation and Labor Secretary Elaine Chao with inaugural âTitan of Public Serviceâ award
Today, the Orrin G. Hatch Foundation announced that it will recognize Senate Republican Leader Mitch McConnell and the Honorable Elaine Chao, the 18th U.S. Secretary of Transportation and the 24th Secretary of Labor, with the âTitan of Public Serviceâ award at a special gala to be held in Salt Lake City on the evening of April 14. (Read More)
Weber State, Hill Air Force Base partner to train military spouses for IT careers
Weber State University is partnering with Hill Air Force Base and Catalyst Campus to offer the Rosie Project, a tuition-free information technology program aimed at getting military spouses plugged into jobs within the Department of Defense. (Read More)
Romney: We must get serious about reducing global emissions
Today, at a Budget Committee hearing titled, âClimate-Related Economic Risks and Their Costs to the Federal Budget and the Global Economy,â U.S. Senator Mitt Romney (R-UT) urged the need for the U.S. to prioritize investments in innovation and technology to combat the effects of climate change, as opposed to feel-good efforts by Washington Democrats that donât put a dent in lowering global emissions. Romney also stressed that the U.S. must get a handle on its debt and rescue its federal trust funds before they become insolvent. His bipartisan and bicameral TRUST Act would create a process to do this. (Read/Watch More)
Sen. Lee makes debut at Senate Budget Committee
Sen. Mike Lee (R-UT) debuted at the first Senate Budget Committee hearing of the 118th Congress. Sen. Leeâs appointment to the Budget Committee comes at a time when our federal budget has ballooned to levels not seen since World War II. Of his appointment to the Budget Committee, Sen. Lee expressed his optimism for bipartisan collaboration and deliberating ways to reduce our budget deficits, stabilize our debt, and put our budget on a pathway to balance. (Read/Watch More)
Sutherland announces 2023 Annual Gala headline entertainment
Sutherland Institute announced today that the Caleb Chapman Crescent Super Band will be headlining its annual Gala on March 23 at the Hyatt Regency Hotel. (Read More)
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