Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Phoenix & Southwest  + Southwest  + Industrial  | 

Mueller Prepares New Copper Manufacturing

Mueller Industries, headquartered in Tennessee, will be opening a copper manufacturing plant in Cedar City, UT that will add up to 125 jobs in the community. Mueller Industries is a leading manufacturer in the copper and brass industries, with the Cedar City operations dedicated to manufacturing copper tube products.

The economic agreement Mueller made with the state include creation of 125 jobs over eight years, with total wages, in aggregate, to exceed 110% of Iron County’s average wage. Projected new state tax revenues are estimated to be $2.5 million over the same period.

In the meantime, the Utah Governor’s Office of Economic Development approved a post-performance tax credit rebate not to exceed $495,190. Mueller Industries can also earn up to 20% of the new state taxes it will pay over the life of the agreement.

For comments, questions or concerns, please contact Amy Sorter

Connect

Inside The Story

Read More at Utah BusinessConnect with Utah Governor's Office of Economic Development

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

Step 1: Select Education
New call-to-action
Finance_Stat_BU_300x250_Banner_DG23_Prim_B_AC_2 Advertisement