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Jax Loses Financial Headquarters Opportunity |
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Tuesday, 17 April 2007 |
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As reported in today's Detroit News, Jacksonville missed out on an opportunity to win a major financial firm. The firm (World Alliance Financial Corp) received help from the state of Michigan. Here are the details...
World Alliance Financial Corp. The financial services firm specializing in residential and reverse mortgages, chose Troy, Michigan over Jacksonville, Fla., for a regional headquarters. It received a $3.5 million state tax credit over five years. The company plans to invest $835,000 in the headquarters which will include a call center, data center and administrative offices. This new operation will create 350 jobs.
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April 17, 2007, 4:49 pm
while i can't say i'm surpised,
i'm not sure if this was a good or bad thing? more call center jobs? but then again, the data center jobs could have been nice to have. heck, 350 jobs i guess (like up on the north or westside) would've been ok.
April 18, 2007, 9:51 am
Good thing!
Per Blueprint for Prosperty, JCCI's Town & Gown study and Richard Florida's Creative Class books, Jax needs jobs that require higher educational/income levels to become competitive in the nation and globally.
Thanks, JEDC, for not incentivizing a call center -- use those incentive funds to woo the movie industry (Wilmington, NC, anyone?) or some other knowledge worker business to come to Jacksonville!!!
April 19, 2007, 9:44 am
A good thing.
This is good news. We cannot complain about the city giving incentives for distribution centers and then get upset we didn't get a call center.
April 22, 2007, 2:28 pm
Did we lose something important or just pass on another low wage organization
Not having seen the particulars and not having done any due diligence, this organization does not sound like one that is going to take us to the new level we want for Jacksonville and the surrounding area. How long before they would have moved to India? Even American Express uses Indian services.
April 25, 2007, 12:57 am
Thank you Mr Bowers
Thank you Mr Eobert Bowers for your astute assessment of the situation. No need for me to comment any further as you've said it all!
April 25, 2007, 1:02 am
Typo alert!
Sorry about the typographical "rendition" of Mr. Robert Bowers' name. No edit capabilities exist, unfortunately, and I didn't see the typo until after the comment was sent. My apologies.
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