The Utah Governor’s Office of Economic Opportunity on Thursday awarded The Taffy Shop a post-performance tax reduction for its expansion in Washington County.
The corporate incentive is part of the state’s Rural Economic Development Tax Increment Financing (REDTIF) program.
As part of the agreement, the Taffy Shop will add 77 new, high-paying jobs and invest $15,346,426 in Utah over the next seven years. The company will receive a 26% REDTIF tax credit.
Taffy Shop is an online-focused retailer that ships more than 80 flavors of saltwater taffy worldwide.
The family-owned business specializes in customizable small-batch taffy in reusable bags, catering to events, gifts, and individuals.
The investment will help the company be better equipped to handle high-volume orders for large retailers.
