RAM Company Gears Up for Significant Expansion

RAM Company will expand its St. George operations, generating over 100 jobs and an expected capital investment of $11 million. RAM has indicated that the expansion will create up to 139 jobs over the next eight years. The total wages in aggregate are required to exceed 110 percent of the Washington County average wage. The projected new state wages over the life of the agreement are expected to be approximately $25.6 million. Projected new state tax revenues, as a result of corporate, payroll and sales taxes, are estimated to be $1.9 million over eight years. Utah Business Magazine