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GOED board OKs grants to help 8 rural businesses

The Governor’s Office of Economic Development board of directors has approved eight rural Utah businesses for Rural Fast Track grants.
The Governor’s Office of Economic Development board of directors has approved eight rural Utah businesses for Rural Fast Track grants.
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SALT LAKE CITY — The Governor’s Office of Economic Development board of directors has approved eight rural Utah businesses for Rural Fast Track grants.

The eight projects are expected to create up to 84 new jobs paying between 110 percent and 125 percent of the counties’ average wages.

“One of our goals is to grow and support Utah businesses in both rural and urban communities,” Val Hale, the office’s executive director, said in a statement. “We use programs like Rural Fast Track to maintain the entrepreneurial spirit in communities statewide, and these eight fast-growing companies are a great example.”

Recipients of the grants include:

  • Applied Composite Technology Aerospace in Gunnison. The company, which designs and manufactures parts for the aerospace industry, will use a $50,000 grant to buy equipment and expand or alter facilities.
  • Diamond S Manufacturing in Ephraim. The company, which designs and manufactures custom, handmade snowmobiles and snowmobile parts, will use a $50,000 grant to purchase a water jet cutting machine.
  • Far West Construction in Mount Pleasant. The company, which specializes in prefabricated homes and barns, will use a $50,000 grant to build a new manufacturing facility.
  • Ophir-Spiricon LLC in North Logan. The company, which manufactures laser measuring and calibration instruments, will use a $33,000 grant to convert empty warehouse space into manufacturing and office space.
  • Bywater Products in Hyrum. The cabinet and millwork company will use a $50,000 grant to buy equipment for new services and product lines.
  • Waste and Water Logistics in Helper. The company, which handles a variety of waste disposal services, will use a $50,000 grant for new equipment.
  • High Desert Excavation in Green River. The company will use a $50,000 grant to build a new facility to house office space, a shop and a maintenance area.
  • Dutson Supply Co. in Delta. A $25,000 grant will be used to buy a service vehicle that will enable the ready-mix concrete company to go on-site to repair disabled trucks.