Anyone know where this company's headquarters is currently? Looks like more promising news for the Wasatch Front becoming the next "Silicon Valley".
Computer maker to invest $32M in Utah, create 500 jobs
Xi3 says demand for small computer driving growth.
By Tom Harvey
| The Salt Lake Tribune
First Published Aug 09 2012 02:28 pm • Last Updated Aug 09 2012 10:26 pm
The maker of a small, energy efficient desktop computer is looking to hire 500 people for its Utah operations, an investment the state calculates at $32 million.
The board of the Governor’s Office of Economic Development (GOED) on Thursday approved $2 million worth of tax rebate incentives for Xi3 Corp., the builder of the Xi3 modular computer.
The incentives were conditioned on the Salt Lake City-based company completing plans to hire up to 500 people over the next five years —at wages at least 25 percent or higher above the average wage Salt Lake County, which in fiscal year 2012 is $43,468.
article continued:
http://www.sltrib.com/sltrib/money/54666692-79/company-computer-utah-lake.html.csp