Brice Wallace
A company producing electric drive systems for racing, defense, marine, street and commercial vehicles will grow by 183 employees over the next seven years.
Provo-based Hypercraft Inc. made the announcement after being approved for a tax credit incentive of nearly $2 million over seven years through the state’s Economic Development Tax Increment Financing (EDTIF) program. The Governor’s Office of Economic Opportunity board approved the incentive at its December meeting.
Brian Bowers, the company’s president, said many of the jobs will be focused on software, technical engineering and other Please log in to see the rest of this story.
