Edwards Lifesciences
Project Name
Fusion
Date Announced
2Q 2009
Site
Draper, Utah
"The incentives played a role in [our] decision to expand, as did Utah's labor pool. We know there is a talented work force here." -- Paul Redmond, VP Global Corporate Operations
Jobs
1,072
Investment
$27 million
Square Footage
166,000 SF
Incentives
Edwards has accepted incentives from the State of Utah totaling approximately $11.5 million based on the current 228 jobs being retained and more than 1,000 projected new jobs in manufacturing, business and engineering expected to be created in the state during the life of the 15-year incentive period. The company also accepted an incentive from the city of Draper for about $3 million based on capital investments and employment rates over a seven-year incentive period.
Related Articles
Edwards Lifesciences to Expand Its Manufacturing and R&D Capability, Utah Governor's Office
Heart-valve Company Offered $11.5 Million Incentive, Salt Lake Tribune
Edwards Lifesciences to Develop New Manufacturing Facility in Utah, Midnight Trader