A Moog Inc. employee works on a complex actuation system at the company’s West Valley City manufacturing site. The New York-based company will grow its operations there, adding more than 200 jobs over the next few years, after being approved for a state tax credit tied to the creation of 89 high-paying jobs. (Courtesy Moog Inc.)
A New York-based company will grow its West Valley City manufacturing operations, adding more than 200 jobs over the next few years.
Moog Inc., based near East Aurora, New York, made the announcement after being awarded a state tax credit incentive tied to the creation of 89 high-paying jobs and the investment of nearly $12 million in Utah over the next five years.
(Courtesy Moog Inc.)
With 30 U.S. locations, $4 billion in revenue and 15,000 employees in 21 countries, Moog designs and builds precision motion and fluid control systems for aerospace, defense, industrial and medical applications. Founded in 1951, it creates high-performance tech such as flight control parts for aircraft, satellite components and automated industrial machinery.
The company’s facility in West Valley City is a production site for the company’s Space and Defense Group and specializes in manufacturing advanced defense systems, weapon turrets and missile control actuation components.
“Expanding our space and defense production operation in West Valley City is a direct reflection of the exceptional Utah workforce,” John Boncaldo, government relations director at Moog, said in a news release about the expansion. “Their talent, dedication and commitment to excellence make this facility a showcase — consistently delivering hardware with 100 percent quality, 100 percent on time, advancing our mission of equipping those who defend freedom and explore the universe.”
In 1998, Moog acquired the Utah operations from Raytheon Aircraft Montek Co.
(Courtesy Moog Inc.)
“Within our corporation, we’ve really embraced the spirit of the Beehive State and become known, both throughout our company as well as throughout the industry we participate in, for exceptional production, with a focus on 100 percent quality, delivered 100 percent on time, every time, and that has led Moog to continue to invest in the area,” David Hodge, general manager of the company’s Space & Defense Group, told the Governor’s Office of Economic Development board prior to the incentive award.
Hodge also noted that programs and platforms that the company supports have seen “a tremendous surge in demand” because of global instability and said the expansion in West Valley City will feature “a great mix of production jobs.”
The $11.9 million expansion project is expected to generate new total wages of $29.3 million over five years for the incentivized jobs, with the pay averaging $106,664. New state tax revenue is estimated at more than $1.6 million over five years. The GOED board approved a tax credit incentive in the form of a tax credit of up to $462,416 over five years.
“Precision engineering and defense technology are central to Utah’s strategic economic priorities,” GOED Commissioner Jefferson Moss said in a news release. “Moog’s choice to grow its space and defense manufacturing operations in West Valley promotes high-paying jobs and is in line with our goal to be leaders in advanced hardware manufacturing.”
“Moog has been an important part of West Valley City’s business community for many years, and we are thrilled to see the company make another significant investment in our city,” said Jonathan Springmeyer, director of economic development for West Valley City. “This expansion reinforces West Valley City’s growing role in Utah’s aerospace and defense industry while bringing new high-quality jobs and economic opportunities to our community. We appreciate Moog’s continued commitment to West Valley City and the state of Utah.”
Matt Wonderli, associate vice president of business development at GOED, told the board that Moog has “become a staple to our aerospace and defense ecosystem and vital to our national security.”
“We’re excited to see this ecosystem continue to grow … and supplying our warfighters across the world,” Wonderli said.
The most recent Utah incentive is the second for the company. In 2018, GOED awarded it a tax credit incentive of up to $980,754 over 10 years, based on the creation of 120 jobs in a $2.33 million expansion.
GOEO does not provide upfront cash incentives. Each year that an incentivized company meets the obligations in its contract with GOEO, it will qualify to receive a portion of the new, additional state taxes the company paid to the state.
