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Edwards Lifesciences to bring as many as 1,000 jobs to Draper

(Draper Journal) Edwards Lifesciences Corp., a leading manufacturer of heart valves and hemodynamic monitoring, will develop a new manufacturing facility in Draper at the site of the former Ballard Medical. The new facility will enable the company to significantly expand its manufacturing and research and development capabilities and will replace another facility currently located in Midvale.

Edwards has accepted incentives from the state of Utah totaling approximately $11.5 million. In return, the company has pledged to keep its current 228-member Utah workforce and create more than 1,000 new jobs over a 15-year period. Draper City officials also offered the company approximately $3 million in RDA funds to be paid over a seven-year incentive period. The incentives from both the state and the city depend on the company creating the projected number of jobs.

Draper City officials have been working with property owner Price Realty to find a tenant for the Ballard Medical building since Ballard left Draper in 2005. City officials had previously awarded Price Realty $500,000 in RDA funds to upgrade the parking lot and improve drainage in order to help attract a new company to use the facility. City officials’ first choice was to find a medical company like Edwards Lifesciences to take over the building. The building already has many features, such as “clean rooms,” required for medical manufacturing. “It’s a great use of the building,” said Draper Assistant City Manager David Dobbins.

Dobbins stressed that executives at Edwards Lifesciences had already decided their Midvale facility was too small and they would need to find a new location before they started talking to Draper officials about taking over the Ballard Medical building. Edwards executives considered a number of locations in both the United States and abroad before choosing to expand in Draper. Dobbins also pointed out that the new Edwards facility would create a variety of jobs, including entry-level manufacturing jobs and higher-level research and development jobs.

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