Earlier this year, the Salt Lake Chamber unveiled a five-year plan to help create 150,000 Utah jobs, and high on a list of priorities to accomplish that goal was luring three major corporations to move their regional headquarters to the state. Ambitious as that goal may seem, given the continued weakness in the economy, a new survey by a major corporate site-selection company suggests the chamber’s objective may not be that outlandish.
“In today’s soft economy, economics are ruling the corporate site-selection process,” said John H. Boyd of The Boyd Co., a New Jersey firm that offers recommendations to some of the leading U.S. and overseas corporations. “And from that perspective, Salt Lake City measures up pretty well.” In its 2011 “BizCosts Corporate Headquarters Report,” which compares the cost of running a 75,000-square-foot corporate headquarters with 300 employees in 55 cities, Salt Lake City was the 11th-least expensive, with an estimated annual operating cost of $20.9 million. Salt Lake Tribune
