Tag Archives: Draper City

eBay announces BIG expansion in Draper Utah

ebay

Posted by Bud Bruening – Utah’s Lowest Mortgage Rates

eBay and the Utah Governors Office of Economic Development (GOED)announced today that they will be expanding and building a new state-of-the-art facility in Draper, Utah.

“eBay has been a valuable, visible Utah company for more than a decade,” said Governor Gary R. Herbert. “This agreement will bring new operating units and new jobs to the State. 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.”

eBay, the world’s largest online marketplace announced plans to create up to 2,200 new jobs in Utah over the next 20 years. All of the incented jobs will exceed 125% of the county’s average wage including full benefits.

This could prove to be a big boost for businesses in Draper as well as its Real Estate market. eBay will be expanding its workforce by over 2,480 Utah employees at an average salary that will exceed 125% of the Salt Lake County average wage. If eBay meets these hiring goals it will result in $127,186,975 in new state tax revenue over the 20-year project timeline.

These new employees will need places to live, dine and spots for entertainment. Over the next several years the City of Draper , Utah will see some big benefits from eBay and it’s expansion.

 

 

Bud Bruening
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Murray, Utah 84017
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