Board meetings, strategic plans, and buyer signals from Victor Degn’s organization
Sep 10, 2026·BoardMeeting
Board
Governor's Office of Economic Development Board Meeting Minutes
The board approved several EDTIF post-performance refundable tax incentives for various companies, including A1 Lithium Inc., KIHOMAC, Inc., Moog Inc., Gauss Management Research & Engineering, Inc., and Rise Baking Company, LLC. Additionally, the board approved eight economic development zones for companies such as LS Electric Utah, Inc., Nature's Bakery, LLC, Nusano, Inc., Oxeon Energy, LLC, Schreiber Foods, Inc., and Wolverine Fules, LLC. The meeting concluded with remarks regarding a board member's departure.
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The board discussed several agenda items, primarily focusing on approving an EDTIF tax incentive for Lunar Resources, Inc. for their aerospace defense project. Furthermore, the board reviewed and approved a name change and incentive update for LS Electric Utah, Inc., as well as the approval of 11 economic development zones that required established physical addresses. The meeting also included an update on the office's strategic plan and a discussion regarding upcoming meeting logistics and a pending board member confirmation.
Jun 11, 2026·BoardMeeting
Board
Board of the Governor's Office of Economic Development Agenda
The board met to consider and vote on economic development incentives and the creation of economic development zones. Key discussions included approval of EDTIF/REDTIF incentives for a company in the information technology and aerospace & defense industry, specifically focusing on Lunar Resources, Inc. Additionally, the board reviewed and approved the establishment of multiple economic development zones for the expansion of Northrop Grumman Corporation at various locations including Hill Air Force Base, Clearfield, and Ogden, as well as expansion projects for Breeze Aviation Group, Inc., J.B. Hunt Transport, Inc., and KBR Wyle Services, LLC.
Jun 5, 2026·StrategicPlan
Board
Strategic Plan
The 'Utah Elevated' plan outlines a strategic vision for Utah to achieve national leadership in economic performance and quality of life, fostering unmatched opportunity and livability. This vision is advanced through three core pillars: innovation, capital, and life quality. The plan leverages these pillars with engaged partners, with GOED acting as a convener, connector, and catalyzer to bring economic opportunities to Utahns.
Extracted from official board minutes, strategic plans, and video transcripts.
