UV50 Economic Engines: No. 7 Adobe

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CITY Lehi FOUNDED 1982 EMPLOYEES 22,000 INDUSTRY Software WEBSITE Adobe.com THE COMPANY A provider of digital marketing and digital media solutions.

MANY HAPPY RETURNS

  1. It’s been 10 years since Adobe purchase Orem-based Omniture for $1.8 billion, ultimately leading the $8.725-billion global giant to set up shop in Utah Valley.
  2. In 2012, it built a 280,000-square-foot campus in Lehi. It is currently building a $90-million facility that will be home to an additional 1,000 employees. The new building will also be the source of an estimated $2.3 billion in new wages and over $85 million in state corporate, payroll and sales taxes over the next 20 years.
  3. The company projects that the new positions will pay approximately 300 percent of the average Utah County wage.
  4. Adobe literally paved the way to a Point of the Mountain renaissance for retail, business and specifically the tech sector.
  5. The current campus houses a full gym, cafe, an NBA-sized basketball court and panoramic views of Utah Valley. About 50 percent of employees at the Lehi campus are engaged in corporate giving/charitable service projects, and Adobe regularly supports community initiatives that boost STEM learning and engagement in tech careers.
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