GEICO Expands Service Center In Getzville, New York
The Berkshire Hathaway company will invest nearly $11 million to outfit and equip its offices to accommodate its new positions. As an incentive the Empire State will provide $4 million in capital grants to support GEICO’s expansion in the region.
"We're ever mindful that GEICO's success is due to the talent and total commitment of our associates," said Tony Nicely, GEICO Chairman/CEO. "Our Buffalo associates have taken a start-up operation with 75 people in 2004 and built it into an outstanding business enterprise that serves hundreds of thousands of customers across the entire Northeast U.S. These growing operations call for the opening of a second facility. We couldn’t be more pleased to keep hiring and keep growing."
GEICO's Buffalo Regional Office at 300 Crosspoint Parkway in Getzville currently employs 2,760 associates, while the company has a total of more than 6,300 employees in New York State. GEICO will lease the new facility from Uniland Development Company just down the road from its regional office to support its expansion efforts.
The resurgent Western NY economy played an important role in GEICO choosing to expand in Getzville instead of several other, out-of-state locations. Additionally, GEICO worked with Empire State Development to secure a $4 million capital grant to cover costs related to renovations and equipment needed to support the new jobs, state officials said.
"Western New York continues to serve as a model for economic growth in upstate New York and GEICO's addition of 600 new jobs in Getzville is proof positive of the REDC’s success," Governor Andrew Cuomo said.
"This expansion is indicative of the progress we have made in capitalizing on our assets to attract businesses, create well-paying jobs and drive economic growth. By improving the business climate in Western New York and removing artificial barriers to growth, we are fundamentally changing the trajectory of this region and generating optimism and opportunity for years to come.”
GEICO began hiring in Western New York in mid-2004 after selecting a shovel-ready site for its custom-built facility in Uniland Development Company's CrossPoint Business Park. The center opened in 2005 with 300 employees and in 2009, decided to establish a new 325 person operations center within the facility for its non-auto business after initially considering locations in other states. GEICO also chose New York due to the workforce and public sector support that included Empire Zone benefits and an expansion of a low-cost hydropower contract with the New York Power Authority, state officials said.
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