Governor Corbett Announces Hay Group Expansion in Philadelphia,
Creating 65 New Jobs
Harrisburg – Continuing
to advance his JOBS1st PA initiative, Governor Tom Corbett today announced that
Hay Group, a management consulting firm, will expand operations to include a solutions lab and technology hub in
Philadelphia, a move that will create 65 new jobs.
economy continues to flourish, companies are choosing Pennsylvania as the best
place to grow their businesses and create family-sustaining jobs. Today we are
proud to partner with Hay Group to add 65 new jobs in Philadelphia,” said
Corbett. “It’s a testament to our improved business climate and tremendous pool
of dedicated and talented workers who ready to tackle the jobs of today.”
will expand its current headquarters in Philadelphia – at a new location, 1650
Arch Street – to include a solutions lab and technology hub for development and
manufacturing of web-based applications. The company plans on investing more
than $4.3 million at the new site and has also committed to creating at least
65 new jobs and retaining 185 more positions over the next three years.
received a funding proposal from the Department of Community and Economic
Development including a $150,000 Pennsylvania First Program grant that
facilitates investment and job creation and $130,000 in Job Creation Tax
Credits. Hay Group has accepted the funding proposal, but must still apply for
each program and agree to the terms prior to award receipt.
Group’s headquarters has been based in Philadelphia since 1943, and we are
excited to continue building upon our rich history in the city,” said Hay Group
CEO Stephen Kaye. “Our new space will be a progressive one in which we can
continue developing solutions and technologies that will help our clients
flawlessly implement their strategies and drive business results.”
was coordinated by the Governor’s Action Team, an experienced group of economic
development professionals who report directly to the Governor and work with
businesses that are considering locating or expanding in Pennsylvania in
collaboration with the City of Philadelphia.
“The Hay Group’s
decision to expand and create 65 new jobs in our city is just the latest
example in a long line of companies choosing to start, stay and grow in
Philadelphia,” said Mayor Michael A. Nutter. “Philadelphia continues to grow
jobs, reduce unemployment, and attract new businesses driven by a highly
talented workforce, an increasingly competitive tax environment, and a city
government committed to helping companies expand and hire in our city.”
1943, Hay Group is a global management consulting firm offering leadership and
talent services, capability assessment, leadership transformation, talent
management, rewards services, strategic performance management services and
employee surveys. It serves a multitude of industries, including but not limited
to the aerospace and defense, healthcare, retail, chemicals, communications and
media, education, financial services, healthcare, life sciences and technology
information on Hay Group visit www.haygroup.com.
2012, Gov. Corbett launched JOBS1st PA as a comprehensive roadmap to economic
recovery that harnessed the state’s resources and talents to prioritize
private-sector job creation and retention. Today, Pennsylvania's unemployment
rate stands at a five-year low and jobs have been growing on a consistent basis
for nearly four years.
information about Corbett’s commitment to job creation, visit www.pa.gov.
Caras, Governor’s Office; 717-783-1116
Kensinger, DCED; 717-783-1132