Milford Mining Co. LLC is planning an expansion in Beaver County and last week the Utah Governor’s Office of Economic Opportunity (GOEO) awarded the company a post-performance tax reduction to help make the growth possible. The corporate incentive is part of the state’s Rural Economic Development Tax Increment Financing (REDTIF) program.
As part of the agreement, Milford Mining projects to add 160 new, high-paying jobs and invest $20 million in rural Utah during the next five years.
“Utah’s rich mineral resources are a significant draw for companies seeking a supportive environment that values responsible and Please log in to see the rest of this story.
