Ogden City Council OKs tax incentive plan for Amer Sports
OGDEN — Ogden leaders have approved a tax incentive plan meant to help Amer Sports, a major manufacturer in the city, with a planned $30 million expansion.
Per terms of the proposal, Amer will get $2.46 million in tax increment financing over 10 years, a refund, essentially, on the property taxes it would otherwise have to pay on the higher value of the warehouse facility that’s the focus of the project. Most of that, around $1.62 million, represents revenue that would otherwise go to the Ogden School District, $645,000 would come from funds meant for the city of Ogden and $639,000 would come from money meant for Weber County.
Amer plans to upgrade its warehouse facility at 961 W. 2nd St. in Business Depot Ogden, part of an expansion and upgrade that could create up to 155 jobs over 10 years.
The total incentive package Amer is in line to receive totals just over $4 million, including around $1.61 million available through state programs. Brandon Cooper, the deputy director of community and economic development for Ogden, said that total is smaller than incentive packages offered by economic development officials in other states, like Texas and Nevada.
Even so, the firm opted to stay put, in part because of the workforce in Ogden, he told the City Council at the body’s meeting on Tuesday, when the issue came up. The City Council unanimously approved the tax incentive plans. “They felt that the workforce they had here was something they wanted to maintain and keep,” Cooper said.
Amer’s presence in Ogden has helped jumpstart development of the outdoor industry here, according to Cooper.
The company, based in Finland, is an international company with locations around the world and it makes everything from skis to baseball bats. In Ogden, it has U.S. corporate offices at the AmeriCan Center and makes carbon fiber bicycle rims and components at Enve Composites, a subsidiary at 508 W. Stockman Way in the city’s Trackline Economic Development Area.