Alberta
Irish fintech company Global Shares, recently acquired by J.P. Morgan,
in late October announced it would open its largest North American
office in Calgary. “The city has so many similarities with Global Shares
— from its entrepreneurial spirit, and diverse, skilled, friendly
workforce, to being front-runners in digital transformation,” said
Global Shares HR Director Stephen Tabb in a release from Invest Alberta.
“The city’s wide range of outdoor leisure and recreational activities
were also important factors in our decision to invest in Calgary, as it
offers such an attractive work life balance. Calgary ticks all our
boxes, and we are delighted to welcome our new team onboard.” After
connecting during a mission to Ireland back in March 2022, Invest
Alberta says, the agency helped the company secure real estate, develop
employee attraction and retention strategies, and, in collaboration with
the Irish Alberta Trade Association (IATA) and Enterprise Ireland,
facilitated the move to Alberta. Global Shares won Technology Ireland’s
2021 “Technology Company of the Year” and has been a Deloitte Fast 50
company since 2017, when it won FinTech Company of the Year.
Missouri
St. Louis–based AZZ Precoat Metals, a provider of coil coating solutions
with “over 3 million tons of available coating capacity across 15
coating lines in 13 locations,” announced last week it will build a new
aluminum coil coating facility in Washington, Missouri, investing nearly
$110 million and creating more than 80 new jobs. The company’s new
25-acre facility will open in 2025 in Washington’s Oldenburg Industrial
Park, located in Franklin County around 50 miles west of St. Louis along
the Missouri River. “We selected the Washington location due to the
growing economic development occurring in the area,” said AZZ Precoat
Metals COO Kurt Russell. “Additionally, the close proximity to our
existing operations ensures local engineering and operational resources
will be available for a timely startup and ensures training and staffing
assistance will be close by. We are very pleased to have secured a
location with several logistical advantages, including rail service and
Mississippi River barge access, and being ideally situated near several
substrate providers and our customer base.” The company will benefit
from the Missouri Works program (a tool that helps companies expand and
retain workers by providing access to capital through withholdings or
tax credits for job creation) and from Missouri One Start, a division of
the Department of Economic Development.
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