UTAH TECH UNIVERSITY'S STUDENT NEWS SOURCE | November 11, 2022

More Big Business Headed for Utah

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Utah has won a bid to bring another big business to the Beehive State. 

Draper is the planned site for the expansion facility for eBay, the global online auction marketer. eBay plans to create up to 2,200 new jobs over the next 20 years at its new-state-of-the art facility. 

eBay isn’t a new business to the state. Draper and South Jordan are already homes to eBay facilities. The facilities include a data center and a customer service center that employ around 1,400 workers. 

“We expect the facility to be open in about 2013,” said eBay communications director Michael Frandsen.

As a global company, eBay employs nearly 18,000 people.

Governor Gary Herbert has been a key factor in Utah’s business successes.  

“They believe that building and expanding here suits their needs,” said Herbert.
 
eBay’s investment into their new facility will come at a price tag near $110 million dollars. Gov. Herbert called this type of an investment and indicator of the kind of commitment that Utah and companies like eBay have toward one another, and the state’s economic future. 

 Herbert said, “When world-class companies like eBay pledge partnership with Utah, it is a vote of confidence in the economic growth and stability that we are currently enjoying.” 

The State Economic Development board, and the Governor’s office voted to grant eBay a post-performance refundable tax credit of $38.2 million over 20 years.  

If eBay meets its goals of creating over 2,000 jobs in the next 20 years, it would result in more than $127 million in state tax revenue.