| Press Release |
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| June 24, 2004 |
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Governor Applauds Wachovia's Decision to Locate Facility in Salem
(SALEM, OR) – Governor Ted Kulongoski announced that Wachovia, a financial services and brokerage firm, will invest more than $20 million dollars and create 500 new jobs at a new contact center in Salem, Oregon. This new center will be a state of the art financial services and securities center. Wachovia will employee 500 people with future plans to ramp up to 750.
Oregon successfully competed with well over 100 potential locations for Wachovia’s newest contact center.
“Today’s announcement of 500 new, good-paying jobs is outstanding news for Salem and Oregon and will provide a tremendous boost to the local economy,” Governor Kulongoski said.
“I’m very pleased that Wachovia decided to expand its operation in Oregon and take advantage of the skilled workforce and business friendly environment that our state provides.”
Through the Oregon Economic and Community Development Department, the Governor has offered Wachovia a Strategic Reserve Fund Grant for workforce training. The grant, $600,000, is dependent on the company reaching a hiring goal of 500 employees.
Media Contact:
Mary Ellen Glynn 503.378.496
Marian Hammond 503.378.6169
Jodi Sherwood, 503-375-4656
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