Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Biotechnology Company Creating 1,000 Jobs in Utah

10/14/2009
Edwards Lifesciences Corporation, a manufacturer of heart valves and critical-care monitoring devices, will build a new manufacturing facility in Draper, Utah. The California-headquartered company says in a statement that it plans to create more than 1,000 new jobs at the facility and retain the 228 jobs at the company's facility in Midvale, Utah. "Our new facility will allow us to evolve our world-class operations to support Edwards' long-term global product supply strategy," says Paul C. Redmond, a company vice president. "We are very grateful to the Governor's Office of Economic Development in Utah and the Draper City Council for their extraordinary efforts in working with us to ensure our success in creating a stronger and more customer-focused company, poised for even more growth in the future." The state will provide Edwards Lifesciences incentives of totaling approximately $11.5 million, contingent on job creation and retention; the city will also provide incentives totaling approximately $3 million over a seven-year period.

Follow Area Development

Share