Oracle Plans New Global IT Facility
To meet the needs of its growing customer base, Oracle Corporation plans to build a new global information technology facility in West Jordan, Utah. Oracle president, Safra Catz believes that the company will provide its customers with the highest-level of service, and this new facility will allow support for its growing On Demand business, as well as the technology infrastructure to support research, development and customer service requirements.
Oracle anticipates breaking ground on the 200,000-square-foot facility during the summer of 2008 and the company expects to begin operations in early 2010. The new facility represents a $285 million dollar initial capital investment by the company.
The Utah Governor's Office of Economic Development offers incentives in collaboration with many different partners. Local government, utilities and the private sector along with EDC Utah all contributed to the process of bringing the Oracle high-tech jobs and facilities to Utah. This facility will now join with a number of other companies who have recently announced new facilities in the state. The site is expected to house around 100 employees, with wages exceeding 200 percent of the Salt Lake County average wage.
"We would like to thank Oracle for choosing Utah as the site for their facility," says Governor Jon Huntsman. "Major corporations need a well- trained and highly-skilled workforce, and the quality of Utah's workforce and our increasing focus on workforce development are crucial aspects for Oracle."