Verizon to create finance hub in Lake Mary with 750 jobs by 2016
Feb 13, 2013 (Orlando Sentinel - McClatchy-Tribune Information Services via COMTEX) --
Verizon Communications will establish a finance and accounting center in Lake Mary that will have 750 new professional and administrative jobs by 2016, Florida Gov. Rick Scott announced today.
During a press conference in Lake Mary, Scott said the wireless carrier's new center will bring together Verizon's accounting, finance and back-office operations. It is expected to create 300 jobs by the end of 2014 and will grow to 750 jobs over the next two years.
The jobs will pay an average salary of $55,000, Scott said. Verizon will be moving some current employees and hiring additional workers with finance backgrounds from Central Florida. Those working at the center will not deal directly with customers.
Verizon plans to build a 200,000-square-foot, four-story building in Lake Mary off International Parkway, a boulevard of office buildings that also includes AAA's world headquarters. Construction is expected to begin in about three months, with Verizon moving in by the end of 2014.
Verizon Vice President Michelle Robinson said her company chose Lake Mary for its quality of life and noted that Verizon already employs 10,000 people in Florida.
The state offered tax incentives totaling $6 million to attract Verizon, which will consolidate its financial operations at the Lake Mary center and at a similar hub in Tulsa. Okla. The state also offered up $1.5 million in job training incentives.
"This is huge," said Seminole County Commissioner Lee Constantine. "These are the types of jobs that build communities."
Verizon, which had revenue of $116 billion in 2012, has more than 183,000 employees. Last year it was ranked 15th among Fortune 500 companies.
This is a developing story. Please check back for updates.
___ (c)2013 The Orlando Sentinel (Orlando, Fla.) Visit The Orlando Sentinel
(Orlando, Fla.) at www.OrlandoSentinel.com Distributed by MCT Information
[ Back To Technology News's Homepage ]