Show New Jobs III Utah Yearly Kiwanis s Told Total expenditures for Cor Cornew new and expanding manufacturing turing facilities nod and equip equip- equipment ment In Utah amount to 50 million annually This was disclosed by Rob Rob- Robert Robert ert E executive secretary of oC Utah Manufacturers Manufacturers AS n at Vernal Xi- Xi KIwanis wants wanis Club recently II H told the local club that this Increases l In manufacturing 8 annual annually annually ly In the state or new jobs every year tar Much of the expansion Is In Inthe inthe the field of chemicals pet pet- petroleum I primary me ls and other heavy industry where the Investment r per job Is high ranging from to or even more the Salt Laker pointed out Defore any man can go to work lit III Utah Industry today someone has to invest about In cash to provide the machines tools and plant facilities that man will wUl use Mr Halladay said lie He emphasized that people who make the Investment in these plants and tools expect a reasonable return on their money lie He also pointed out that while many people look for returns of about 6 on Investment those putting up risk capital frequently get nothing back at all While labor and capital both are arc important elements in new production under the free enterprise system ill in the theU theU U S it is the consumers not the producers who are the kc key to development and pro pro- progress gress Their choices are the tho ones that dictate the market place the executive said |