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TD Ameritrade Investing $11M in Fort Worth, Texas, Facility

04/21/2011
TD Ameritrade will invest $11 million and create 490 jobs at its Fort Worth, Texas, facility. The Texas Enterprise Fund (TEF) is supporting the expansion with a $1.2 million offering.

TD Ameritrade plans to expand technology infrastructure and make facility improvements with the funds.

"We've experienced strong growth over the past several quarters, and we are well-positioned for that momentum to continue," TD Ameritrade President and CEO Fred Tomczyk said. "This project emphasizes our commitment to our associates and the city of Fort Worth. We are quite pleased that the state has recognized that commitment and invested in the expansion of our local facility through the Texas Enterprise Fund."

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