EquipmentShare, a company providing digital solutions for construction, will expand its headquarters and operations center in Columbia, Missouri. The $100 million project is expected to create 55 jobs.

The investment will consist of a flagship office building, a research and development center, and additional space for offices and retail. According to state officials.

“We look forward to continuing to expand our company here in Columbia, Missouri,” said Jabbok Schlacks, CEO and co-founder of EquipmentShare. “When you’re able to start something really special in your hometown, you want it to grow there. We started with five people and we’ve grown to more than 3,600. We appreciate the Midwest work ethic – that drive and grit you don’t see in a lot of places. We want to work with great people. The EquipmentShare campus is something everyone in this state can be proud of. Community matters. Investing in our people matters. We’re grateful our story will continue to grow with Columbia at its center.”

“With a strong workforce and competitive business advantages, our state has what companies need to thrive,” noted Maggie Kost, Acting Director of the Department of Economic Development. “We’re grateful for EquipmentShare’s expansion, assistance from our partners, and the opportunities this project will create for Missourians.”

EquipmentShare helps contractors work smarter through solutions to optimize job sites, including web applications, tracking hardware, machinery rental, and more. The company currently has more than 3,600 employees.

"We are thrilled that EquipmentShare, a company that started here in 2014, has made the decision to expand their headquarters,” added Stacey Button, President of Regional Economic Development, Inc. “This expansion further demonstrates that Columbia is a great place for businesses to invest, expand and grow.”