Milford Mining Company is expanding their operations to Beaver County. In a release from the Governor’s Office of Economic Opportunity on Feb. 12 it was shared that Milford Mining was awarded a post-performance tax reduction for its expansion in Beaver County as part of the state’s Rural Economic Development Tax Increment Financing program. According to the release, “as part of the agreement, Milford Mining projects to add 160 new, high-paying jobs and invest $20,000,000 in rural Utah during the next five years.” Jen Wakeland, strategic development director for Beaver County stated, “the revitalization of the mining industry in Beaver County heralds us back to our beginnings as a county and to our first economic boom in the mid-1800s.”
February 12, 2024 /Featured News, Local News
Milford Mining Company Expands Operations to Beaver County
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