Show New Workers Aid Economy For every new factory workers brought into a town new households are established with an average of more people and 91 more school children chil chil- dren I THERE ARE 97 more passenger passenger passenger pas pas- cars registered in the county there Is an average of more in bank deposits made an average of more retail sales made in the I community It results in an average of three additional establishments establishments establishments opened in the OF THE ADDITIONAL families brought into the community community community com- com due to new industry there are 65 more persons e employed employed em em- m- m in non-manufacturing non fields generating more purchasing purchasing purchasing pur pur- chasing power within the com com- Earl King director of the In Industrial Industrial Industrial In- In Bureau for Davis County County County Coun Coun- ty mentioned these examples in relation to the position the Freeport Center occupies within with with- in Davis The statistics come from a national survey made in 1964 by the Chamber of Commerce Commerce Commerce Com Com- merce of the United States ALTHOUGH Davis County had hada a million valuation decline in 1966 which equals approximately approximately approximately per each thousand dollars the additional households households households house house- holds and spending power brought into the area through the Freeport law will benefit the community far more than the taxation might have he said As an example he cited the instance of an actual company which was brought Into the Center Center Center Cen Cen- ter due to the more attractive industrial climate created by bythe bythe bythe the Freeport law which exempts taxation on inventory being held for sl shipment out of state A NATIONAL company leased I space within the Center toman- toman a pr product duct It Installed I three quarters of a million dollars dollars dollars dol dol- lars worth of manufacturing equipment which Is taxable at atan atan atan an assessed v valuation of roughly rough rough- ly 25 In addition the company employs employs employs em em- ploys people providing paychecks which were not available available available avail avail- able prior to their loc location tion in Davis The paychecks provide additional tax Income to the state through personal and sales taxes For each of those households statistics show that another two jobs are created created created cre cre- in the community to service service service ice them THE SCHOOL district benefits benefits benefits bene bene- fits also for it receives about half of all tax money generated within the county Mr l King said As of October 1966 there were 59 firms loc located ted at the Freeport C Center e n t e r. r Of those firms 16 admit they would not have come into Utah were it not for the Freeport Law These firms employ people with anticipated Increase to by October THERE IS A total employment at the Center of 2570 persons with anticipated expansion to 2692 persons this year According to a recent survey made by the Department of Employment Employment Employment Em Em- Security in Ogden the average monthly wage In North Davis is If these figures I are correct then Freeport Center Center Cen Cen- II ter is is indirectly responsible for adding 35 million per year in personal income in Davis County Coun Coun- I ty through those employed at and the jobs generated generate gene ratI rat rat- I e ed elsewhere in line with the US U.S. Chamber of Commerce Survey lk Ik |