By Brice Wallace
Stryker, a worldwide medical technology company, will grow its Utah operations by 540 jobs in Salt Lake City over the next decade.
The company announced the expansion last week after being approved for a nearly $3.4 million tax credit incentive by the Governor’s Office of Economic Development (GOED) board.
Founded in 1941 and based in Kalamazoo, Michigan, the company offers products and services in orthopaedics, medical and surgical, and neurotechnology and spine. It offers products in more than 100 nations, has 43 manufacturing and research and development locations worldwide and has about 33,000 employees. Stryker had $11.3 billion in sales in 2016. In the fiscal second quarter ended July 27, the company reported net income of $391 million, or $1.03 per share, on net sales of $3 billion.