AMER/ENVE Composites

Employees with Ogden-based manufacturer ENVE Composites are shown here working inside the company factory in 2015. The business was later acquired by Amer Sports Corp., a Helsinki, Finland-based sporting goods company. AMER is expanding their operations in Ogden.

OGDEN — With the support of a state-based tax incentive, a large outdoor recreation retailer with a headquarters office in Ogden is expanding.

The Utah Governor’s Office of Economic Development recently announced that Amer Sports Winter and Outdoor Company will expand its operations in Ogden, with a plan to add up to 155 jobs and $32 million in capital investment over the next decade.

Amer, which first set up shop in Ogden in 2007, will be eligible to earn back 20 percent of the new state taxes they will pay as part of a 10-year agreement with the state. In order to get the money, Amer must provide the 155 jobs and the total wages in aggregate must exceed 110 percent of the average Weber County wage.

The tax credit rebate would be capped at $1.3 million, according to GOED, with Amer receiving a portion of the total each year it meets the criteria in its contract with the state.

GOED says the projected new state wages over the life of the agreement could be as much as $43.6 million, which includes wages, salaries, bonuses and other taxable compensation. New state tax revenues (from corporate, payroll and sales taxes) are estimated to reach $6.6 million over the life of the deal.

In addition to the tax credit, AMER was also approved for an Industrial Assistance Fund post-performance grant of up to $300,000, awarded if the company retains current employees.

Val Hale, executive director of GOED, said AMER’s presence in Ogden “elevates both Northern Utah and the state’s outdoor industry.”

The Helsinki, Finland-based sporting goods company that operates subsidiaries like Salomon, Atomic, Arc’teryx, Mavic, Suunto, Armada and Peak Performance. After considering several locations in the western United States, the company chose Ogden as the site for its “Winter & Outdoor Americas” unit in 2007.

In 2016, the company acquired ENVE Composites, the Ogden-based manufacturer of high-end cycling accessories. Amer purchased ENVE for $50 million, in an all-cash transaction. ENVE, which makes carbon wheels, components, and other accessories for road and mountain biking had annual sales of about $30 million at the time of the sale.

Bill Kirchner, vice president and general manager of Amer Sports Americas, said the company likes the Ogden and Weber County area because it provides them with an opportunity to engage with bona fide skiers, snowboarders, runners, bikers and hikers.

Ogden Mayor Mike Caldwell called Amer a “great community partner” in its decade-plus in Junction City.

In addition to expanding its headquarters in Ogden, Amer will also build a new distribution center in Utah. The location of the center has not yet been announced.

You can reach reporter Mitch Shaw at mishaw@standard.net. Follow him on Twitter at @mitchshaw23 or like him on Facebook at www.facebook.com/mitchshaw.standardexaminer/.

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