SALT LAKE CITY — Software giant Adobe Inc. will substantially expand its Utah presence, announcing plans Thursday to build a new $90 million facility and add almost 1,300 employees at its Lehi campus.
The news was revealed at the Governor’s Office of Economic Development board meeting where the agency also detailed a tax incentive package for the San Jose, California-based company best known for its suite of creative digital tools.
The 20-year deal grants Adobe $25.8 million in tax breaks on a projected $2.3 billion in new state wages and $85.8 million in corporate, payroll and sales taxes over that time.
The new project will complement the four-story, 280,000-square-foot building the company completed in 2012 for $107 million. The original facility, designed by San Francisco architecture firm WRNS Studio and perched on a hill just east of I-15 near Thanksgiving Point, hosts about 1,200 employees from Adobe’s digital marketing unit.
Economic Development Corporation of Utah CEO Theresa Foxley said Adobe’s positive impacts on the state extends past its position as a leading tech employer.
“Not only is Adobe a leader in Utah’s tech market, but they are also an incredible community partner,” Foxley said. “Their continued investment in Utah is a sign of our tech community’s bright future.”
In an announcement posted to the company’s blog, Adobe noted that the Utah expansion is part of a set of broader growth plans for the company with a new building (its fourth) slated for construction at its San Jose headquarters, adding more leased office space in San Francisco and Emeryville, California, and further growth in its India operations. The company, founded in 1982, employs more than 17,000 worldwide.
Jonathan Francom, Adobe’s vice president for employee and workplace solutions, said the company continues to be big on all that Utah has to offer.
“Utah punches above its weight for attracting and retaining talent,” Francom said. “We continue to look at this as a great place to hire for Adobe.”
Francom said the new building will be the home for additional employees working in the company’s digital marketing division, as well as some teams dedicated to work on Adobe’s digital creative tools.
The news adds to a string of recent announcements about tech business expansion in the state, including Amazon’s intent to build an enormous shipping facility, staffed with 1,500 employees, in Salt Lake City’s northwest quadrant, and Utah-based reputation management company Podium’s plans to invest $10 million in a new headquarters and expand its workforce by 400.
Both companies also earned tax breaks under the the Governor’s Office of Economic Development incentive program.
Additional information about the Adobe expansion will be posted throughout the day.