Mortgage technology firm FNC Inc. started construction on the company’s new 68,000 square foot headquarters complex along Highway 7 in Oxford, Mississippi. The project represents a $20 million corporate investment and will create 310 new jobs in the technology sector.
FNC’s new headquarters will be located near the company’s current location on Office Park Drive in Oxford. The Mississippi Development Authority provided assistance in support of the project for infrastructure needs and workforce training. In addition, the city of Oxford and Lafayette County also provided incentive assistance.
“Serving financial clients across the globe, we are happy to call Mississippi home. We appreciate all of the help and support we have received over the years from investors, customers, our employees, and the Mississippi Innovation community. We look forward to expanding our journey together,” said FNC CEO/Co-Founder Bill Rayburn.
MDA Executive Director Brent Christensen said the “ groundbreaking symbolizes the strong, supportive business climate we strive to provide businesses in our state, and we are glad to have played a role in this exciting project. We thank our partners at the city of Oxford, Lafayette County and the Oxford-Lafayette County Economic Development Foundation who worked with us to help this great company expand.”
“FNC is a shining example of a homegrown, high-tech company that has found the tools and resources needed for success right here in Mississippi. I thank the FNC team for its ongoing commitment to Oxford and the entire state and for creating so many quality jobs for the area’s workforce,” Governor Phil Bryant said. “I wish FNC many more years of success in Oxford and congratulate the company on this milestone event.”