Move over, Silicon Valley. There’s a new tech hub in town that’s attracted the likes of Adobe, Overstock.com, Microsoft and now … Facebook.
On May 30, Utah’s Governor Gary Herbert tweeted that Facebook will open a new data center in Eagle Mountain, Utah. Herbert added some particularly alluring news: The new data center will bring “more than $100 million in pioneering infrastructure” to the state.
Facebook is hardly the first. In fact, the social media giant follows an ever-growing list of companies — including Adobe, Overstock.com, Vivint Solar, Workday, Domo and Skullcandy — which have all moved to Utah’s “Silicon Slopes.” That burgeoning tech hub is nestled Salt Lake City and Provo and the surrounding mountains and is home to over 6,000 tech businesses. Forbes has even ranked Utah the Best State for Business six times since 2010.
One reason for that status and for Facebook’s move to Utah may be the roughly $150 million in property tax incentives. And while the tax advantage is certainly an incentive for coming to Utah — where, incidentally, I myself settled to take, what else, a tech job — it isn’t the only one Utah has to offer. Here’s why you’ll want to choose Utah, for your tech business, too