2019/202020 EDCUTAH INDUSTRY PROFILE
Outdoor Products Utah is the best place for outdoor companies because Utah is the best place for the outdoors. On the cover: Bike riding down a gravel trail near Moab, UT.
Three BIG things about the outdoor industry in Utah:
Utah is home to companies like Amer Sports (see blue #6 on map), Black Diamond (#12), Cotopaxi (#14), Easton (#17), Icon Health and Fitness (#1), Lifetime Products (#11), and 1 more than 200 others. With some of the most magnificent open space on the globe, you can think of Utah as a 2 world-class outdoor product testing facility. Utah has nearly 1,000% more outdoors products manufacturing employment density 3 than the national average. Yes, 1-thousand percent.
Contact Stephanie Pack to learn more about the outdoor industry in Utah [email protected] O: 801-328-8830 C: 435-770-7227
2 O UTDOOR PRODUCTS EDCUTAH.ORG MAJOR UNIVERSITIES AND COLLEGES MAJOR EMPLOYERS
1 Utah State University 4 Westminster College 6 Utah Valley University 8 Southern Utah University 1 ICON Health & Fitness 2 Weber State University 5 Salt Lake 7 Brigham Young University 9 Dixie State University Community College 2 Altra Running 3 University of Utah 3 Rock Exotica
4 Browning
5 Ventum
6 Amer Sports
7 Atomic Ski LEGEND LOGAN A 8 Enve Composites 1 1 1 2 Interstate Highways 9 Goode Ski Technologies State/US Federal Highways 10 Smith Optics Railroad 11 Lifetime Products
12 Black Diamond Equipment OGDEN 13 Cobra Firearms 2 2 A 3 14 4 Cotopaxi
3 15 Doppelmayr USA
SALT LAKE CITY B 16 DPS Skis 3 4 5 B 34 17 Easton Technical 6 Products
18 Hoyt Archery 22 C 19 Kuhl 4 23 PARK CITY 24 5 20 ProBar
30 21 Specialized Bicycle 6 Components PROVO 22 Petzl 7 31 32 23 Reynolds Cycling
24 Goal Zero
25 33 Armada Skis 26 Backcountry.com
C 27 Giro
28 Rossignol
29 Skullcandy
30 Fezzari
31 Action Target
32 Grim Reaper Broadheads
33 Barnes Bullets
34 Chums
ARCHES MOAB NATIONAL PARK
CAPITOL REEF NATIONAL PARK
CANYONLANDS NATIONAL PARK
7 8
BRYCE CANYON ZION NATIONAL NATIONAL PARK PARK
8 9 ST. GEORGE
UTAH SYSTEM OF TECHNICAL COLLEGES
1 Bridgerland Tech 4 Tooele Tech 7 Southwest Tech
2 Ogden-Weber Tech 5 Mountainland Tech 8 Dixie Tech
3 Davis Tech 6 Uintah Basin Tech
EDCUTAH.ORG O UTDOOR PRODUCTS 3 Major Outdoor Products Employers
COMPANY EMPLOYEES DESCRIPTION
1000-1999 Backcountry.com is an online specialty retailer that sells clothing and outdoor recre- Backcountry.com Park City ation gear for hiking, camping, mountain biking, rock climbing, winter sports, etc. Lifetime 1000-1999 Lifetime Products is a leading producer of plastic and metal products such as Products Ogden folding tables, chairs, and basketball hoops. ICON Health 500-999 ICON Health and Fitness is one of the world’s largest developers, manufacturers, & Fitness Logan and marketers of fitness equipment. Black Diamond 250-499 Black Diamond Equipment manufactures and develops rock climbing, skiing, and Equipment Salt Lake City other outdoor products. Easton Technical 250-499 Easton Technical Products manufactures and develops sporting goods, Products Salt Lake City specializing in archery, hunting, camping, and more. 100-249 Action Target designs, manufactures, and installs shooting ranges, tactical combat Action Target Provo houses, and portable steel targets. 100-249 The sporting goods company owns internationally recognized brands including Amer Sports Ogden Salomon, Wilson, Atomic, Arc’teryx, Peak Performance, Enve, Suunto and Precor. 100-249 Browning is an industry leader in the full spectrum of outdoor products, including Browning Morgan sporting arms, technical hunting clothing, knives, gun safes, flashlights, and more. Doppelmayr 100-249 Doppelmayr specializes in the production of drive platforms, electrical control and USA Salt Lake City hydraulic systems for lifts, tower structures, terminal enclosures, chair production. Enve 100-249 ENVE Composites designs and hand builds carbon wheels and component Composites Ogden systems for mountain and road bikes. 100-249 Goal Zero develops portable solar panels, power packs, and lighting products, Goal Zero Riverton with a mission to put reliable power in the hands of every human being. Hoyt 100-249 Hoyt Archery is an outdoor products company specializing in the manufacturing Archery Salt Lake City of archery and bow hunting equipment. 100-249 Rock Exotica Rock Exotica is a rock climbing equipment manufacturer based in Clearfield, UT. Clearfield 100-249 Skullcandy makes headphones that are made to withstand the harsh conditions of Skullcandy Park City outdoor sports. Smith 100-249 Smith Optics develops sports eyewear, goggles, sunglasses, and helmets for Optics Ogden biking, motocross, skiing, surfing, and more.
100-249 Specialized Bicycle Components produces bicycles and cycling equipment, Specialized Bicycle Salt Lake City such as wheels, tubes, helmets, boots, and apparel.
Barnes 50-99 Since 1932, Barnes Bullets has been an industry leading manufacturer of percision Bullets Mona small arms ammunition and muzzleloaders. 50-99 The easily adjustable Chums Original Cotton retainer is the product that put the Chums Salt Lake City company on the map. It now offers a wide range of outdoor accessories.
50-99 Cotopaxi designs and manufactures innovative outdoor products sucha as Cotopaxi Salt Lake City backpacks, hiking gear, camping gear, apparel, and outdoor accessories. 50-99 Fezzari custom builds, designs, engineers, manufactures, and distributes road, Fezzari Lindon mountain, and performance bicycles and related products.
= HEADQUARTERED IN UTAH *SOURCE: UTAH DEPARTMENT OF WORKFORCE SERVICES
Goal Zero produces weatherproof portable solar power panels and fume-free generators for camping and emergencies.
4 O UTDOOR PRODUCTS EDCUTAH.ORG Top: Hoyt Archery, Black Diamond, Pro Meals. Second row: Barnes Bullets, Petzl. Third row: Petzl rescue pulley, Easton Aluminum, Kuhl Clothing, Skullcandy. Third row: Browning, Action Target, Lifetime.
EDCUTAH.ORG O UTDOOR PRODUCTS 5 COMPANY EMPLOYEES DESCRIPTION
50-99 Kuhl makes outdoor clothing and accessories that provide both comfort and Kuhl Salt Lake City protection in any environment. 50-99 Petzl designs and manufactures outdoor products and accessories for the climbing Petzl West Valley and caving industies. 50-99 ProBar ProBar makes healthy, delicious, plant based foods and snacks. Salt Lake City
Reynolds 50-99 Reynolds Cycling brought the first carbon clincher wheelset to market. Cycling Sandy They design and produce bicycle wheels and small components.
50-99 Rossignol produces ski and snowboarding equipment, including goggles, helmets, Rossignol Park City bags, boots, apparel, and more.
20-49 Altra Running footwear is manufactured to help prevent injuries and make running Altra Running Logan better for all levels of athletes.
20-49 Atomic Ski produces skis and skiing equipment, such as skis, poles, boots, helmets, Atomic Ski Ogden goggles, bags, and apparel.
20-49 DPS Skis manufactured the world’s first pure prepreg carbon fiber sandwich ski. DPS Skis Salt Lake City Its innovations continue with the PHANTOM permanent, waxless base treatment.
20-49 Giro makes helmets, goggles, gloves, and any other accessory for skiing, Giro Park City snowboarding, or biking.
20-49 Ventum makes high-performance racing bicycles and is the Official Global Bike Ventum Ogden Partner of IRONMAN®.
10-19 Armada Skis is the industry’s first rider-owned, rider operated ski manufacturer, Armada Skis Park City which produces top performing skis, poles, outerwear, and softgoods.
10-19 Coalatree designs eco-minded gear and apparel including the Evolution hoodie, Coalatree Salt Lake City made from recycled coffee grounds.
Cobra 10-19 Cobra Firearms develops and manufactures a line of derringer small pocket pistols Firearms Salt Lake City and other small firearms.
Grim Reaper 10-19 Grim Reaper Broadheads manufactures and develops arrowheads, and is the inventor Broadheads Provo of patented Razortip Technology.
Goode Ski 10-19 Goode Ski Technologies manufactures water skis, snow skis, ski poles, and other ski Technologies Ogden equipment and accessories, including the world’s first pure carbon water ski.
= HEADQUARTERED IN UTAH *SOURCE: UTAH DEPARTMENT OF WORKFORCE SERVICES
This page, top: Goode water ski. Bottom left, Altra running shoes. Bottom right, Giro helmet.
6 O UTDOOR PRODUCTS EDCUTAH.ORG This page, left: Ventum, Fezzari, and Specialized bicycles. Reynolds carbon fiber wheels. Right side: Coalatree hoodie. Backcountry. Grim Reaper Broadheads.
EDCUTAH.ORG O UTDOOR PRODUCTS 7 Or, what local companies like to call Resorts & Parks “Open Product Testing Facilities.” SKI RESORTS
1 Beaver Mountain Ski Area
2 Cherry Peak Resort
3 Powder Mountain Resort
A 4 Wolf Creek Resort 5 Nordic Valley 2 1 1 LEGEND Ski Resort LOGAN 6 Snowbasin Resort Interstate Highways Brighton Resort State/US Federal Highways 7 Railroad 8 Solitude Mountain Resort B 9 Alta Ski Area A 10 Snowbird Ski and 2 OGDEN Summer Resort
11 Park City
12 Deer Valley Resort 4 SALT LAKE CITY 13 Soldier Hollow B 3 14 Sundance Mountain Resort
15 Eagle Point Ski Resort 12 16 Brian Head Resort PARK11 CITY 5 13
14 MAJOR STATE PARKS PROVO 1 Bear Lake 6 2 Antelope Island
3 East Canyon
5 Wasatch Mountain
6 Deer Creek
7 Yuba
8 Piute
9 Dead Horse Point
7 10 Goblin Valley
11 Edge of the Cedars
12 Escalante Petrified Forest
13 Snow Canyon
14 Sand Hollow Coral Pink 1 ARCHES 15 MOAB NATIONAL Sand Dunes PARK 10 NATIONAL PARKS 7 3 CAPITOL 9 REEF 1 Arches NATIONAL 15 PARK 2 Canyonlands
2 CANYONLANDS NATIONAL 3 Capitol Reef PARK 4 Bryce Canyon
5 Zion
12
16 11
4 BRYCE CANYON ZION NATIONAL 13 5 NATIONAL PARK PARK
14 9 ST. GEORGE
15
8 O UTDOOR PRODUCTS EDCUTAH.ORG 1 11 2 4
17 9 12
1 3 5
EDCUTAH.ORG O UTDOOR PRODUCTS 9 A climber ascends a rock wall in the canyonlands area near Indian Creek in Utah.
10 O UTDOOR PRODUCTS EDCUTAH.ORG Recent Announcements
110 Jobs Amer Sports owns internationally recognized brands including Salomon, 50 Jobs Wilson, Atomic, Arc'teryx, Peak Jack Wolfskin is an outdoor apparel Performance, Enve, Suunto, and Precor. and equipment brand founded in Location: Ogden, UT Germany. Its products include high-end mountain and leisure clothing, footwear, backpacks, sleeping bags, and tents. Location: Park City, UT
Ventum makes high-performance 40 Jobs racing bicycles and is the Official Really Right Stuff manufactures lightweight tripods 32 Jobs Global Bike Partner of IRONMAN. for cameras and rifles, camera plates, and accessories Location: Heber City, UT to more than 100 countries. Location: Lehi, UT
12 Jobs USA Climbing, founded in 1998, is one of the country's fastest-growing National Governing Bodies. USA Climbing conducts or sanctions more than 350 competitions annually, and oversees the U.S. National Teams for youth and adults. Location: Salt Lake City, UT
EDCUTAH.ORG O UTDOOR PRODUCTS 11 Data Profile Occupational Wages in Outdoor Products SOURCE: Bureau of Labor Statistics, May 2018 $150K Outdoor Products Industry Average Wage
125 $128,600 $128,400 100 $123,100 $123,100 $113,400 $107,800 $107,800 $107,000 $107,000 $95,700 $95,700 $91,000 $91,000 $71,727 $94,600 75 $100,500 $62,833 $62,779 $91,600 $89,800 $89,800 $56,374 $51,200 $51,158 $50,300 $46,600 $45,500 $44,894 $45,200 $44,400
50 $37,900 $35,100 $34,300 $34,500 $34,200 $61,100 $61,100 $31,400 $60,500 $60,500 $56,700 $56,700 $56,700 $56,700 $54,700
25 $48,100 UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASH. NATIONAL UTAH CALIFORNIA COLORADO OREGON WASH. NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL
Industrial Production Managers Industrial Engineers Graphic Designers Assemblers & Fabricators, all other, Welders, Cutters, Solderers, & Brazers including Team Assemblers
Outdoor Products Industry Data
UTAH NATION
Total Employment 6,631 N/A
5-Year Employment Growth -1.9% 1.6%
5-Year Forecasted Growth 4.0% -1.5%
6.7 % Q1 2012 5.6 % Utah Percent Change Q4 2015 USA Percent Change 5
0
-5 -4.4 % Q4 2018
-10
-15 -16% Q3 2009 2011 2009 2010 2012 2013 2014 2015 2016 2017 2018 2019
12 O UTDOOR PRODUCTS EDCUTAH.ORG Occupational Wages in Outdoor Products SOURCE: Bureau of Labor Statistics, May 2018 $150K Outdoor Products Industry Average Wage
125 $128,600 $128,400 100 $123,100 $123,100 $113,400 $107,800 $107,800 $107,000 $107,000 $95,700 $95,700 $91,000 $91,000 $71,727 $94,600 75 $100,500 $62,833 $62,779 $91,600 $89,800 $89,800 $56,374 $51,200 $51,158 $50,300 $46,600 $45,500 $44,894 $45,200 $44,400
50 $37,900 $35,100 $34,300 $34,500 $34,200 $61,100 $61,100 $31,400 $60,500 $60,500 $56,700 $56,700 $56,700 $56,700 $54,700
25 $48,100 UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASH. NATIONAL UTAH CALIFORNIA COLORADO OREGON WASH. NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON NATIONAL
Industrial Production Managers Industrial Engineers Graphic Designers Assemblers & Fabricators, all other, Welders, Cutters, Solderers, & Brazers including Team Assemblers
Real Estate SOURCE: RSMeans SOURCE: Loopnet $160 $18
130 15 $12.36 $10.75 100 $150.36 12 $131.15 $131.15 $9.59 $8.96 $130.89 $130.89 $129.67 $129.67 $115.67 $115.67 $8.21 70 $115.69 9
40 6 N/A
10 3 WASH. UTAH CALIFORNIA COLO. OREGON NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON
Industrial Construction ($/sq.ft.) Industrial Lease ($/sq.ft.)
Utilities SOURCE: Energy Information Administration, October 2019 0.150¢ $12
0.125 10
0.100 8 $7.08 0.1363¢ 0.1363¢ 0.0716¢ 0.0716¢ $5.24 0.0687¢
0.075 0.0624¢ 6 $4.73 $4.38 0.0600¢ 0.0487¢ $6.76 $6.76 0.050 4 $3.43
0.025 2 UTAH CALIFORNIA COLO. OREGON WASH. NAT. UTAH CALIFORNIA COLO. OREGON WASH. NAT.
Electricity / Industrial (¢/kWh) Natural Gas / Industrial ($/1000 Feet3)
Taxes SOURCE: taxfoundation.org $2500 10%
2000 8% $1,559 $1,559 $1,518 $1,425 $1,444 1500 $1,436 6% $1,019 $1,019 1000 4% N/A Flat Rate Flat Flat Rate Flat Flat Rate Flat Top Rate Top 500 2% NATIONAL UTAH CALIFORNIA COLORADO OREGON WASHINGTON UTAH CALIFORNIA COLORADO OREGON NATIONAL 4.95% 4.95% 8.84% 4.63% 7.6% *GRT 6.33%
*GRT = Gross Receipts Tax. Businesses Property Tax (Collections per capita) Corporate Income Tax are taxed on ALL business sales transactions instead of corporate income.
EDCUTAH.ORG O UTDOOR PRODUCTS 13 Education A State of Education Utah is home to 12 major colleges and universities and has an excellent talent pipeline of over 345,000 students. Bachelor’s and graduate awards grew by 52.2% over the last five years. Utah has an educated workforce, with over 92% of the population 25 or over with a high school diploma and 35% with a bachelor’s degree.
TOP THREE INSTITUTIONS WITH OUTDOOR DEGREES
Weber State University Utah State University University of Utah DEGREE: Outdoor & DEGREE: Outdoor Product DEGREE: Parks, Community Recreation Design & Development Recreation, & Tourism Education
Education snapshot
2017-18 TOTAL STATEWIDE ENROLLMENT 2017-18 TOTAL STATEWIDE DEGREES AWARDED 347,082 59,668
Population by minimum level of education
Bachelor's degree or higher 34.9%
No Degree High school Some college Bachelor's Post-grad 8% 23% 35% 23% 12%
High school grad or higher 92.4%
14 O UTDOOR PRODUCTS EDCUTAH.ORG +8.6% Labor Outdoor Products employment index NATION Five-year employment change $47,700 UTAH AVERAGE WAGE Labor snapshot Utah Labor EDCUTAH.ORG Annual Population Growth: Median Age: 5-Year Employment Growth: Net Migration Labor Force Participation Rate Annual MedianWage: 101%
Industrial Production Managers 108%
Welders, Cutters, Solderers, and Brazers 108% Molding, Coremaking, and UTAH 1.70% 31.0 17.4% 25,019 68.1% Casting Machine $38,000 Operators, Metal and Plastic 108% VS.
Assemblers and Fabricators +17.4% UTAH 111%
Sales Managers NATION 0.70% 38.2 8.6% NA 63.2% $41,000 MEDIAN AGE 31 113%
Inspectors, Testers, Sorters, Samplers, and Weighers manufacturing. of sportinggoods We have, well, alot 132%
Graphic Designers O UTDOOR PRODUCTS 968%
Sporting and Athletic Goods Manufacturing Industry
15
150% 200% 50% Average National EDCUtah is a non-profit funded bymore than 200 investors in the public and private sectors. Our investors represent the top experts in Utah in the fields of commercial real estate, construction, finance, utilities, human resources, and more, as well as some of the most engaged and business-friendly communities in the state. Founders, Champions, and the Builders Circle Within the public and private sectors, there are several levels of investment. The Private sector is divided by investment: Founders, Champions, Builders Circle, and Ambassadors. Public sector is divided by level of community needs. Contact us to get connected with our partners and to receive the data and resources you need for your business decisions.
Founders
Champions
16 O UTDOOR PRODUCTS EDCUTAH.ORG For a complete list of EDCUtah investors, including our public-sector investors, visit edcutah.org/investors
Builders Circle
Utah Associated Municipal Power Systems
wEDCUTAH.ORGadman O UTDOOR PRODUCTS 17 Like to know more about outdoor businesses in Utah?
Theresa Foxley Michael Flynn Matt Hilburn President & CEO Chief Operating Officer Vice President [email protected] [email protected] Research & Marketing (801) 328-8857 (801) 328-9742 [email protected] (801) 323-4245
201 South Main Street, Suite 2150, Salt Lake City, UT 84111 | edcutah.org
18 O UTDOOR PRODUCTS EDCUTAH.ORG