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JP Morgan Chase says it will bring at least 1,150 jobs to Central Ohio during the next three years.
By Donna Willis
COLUMBUS, Ohio —JP Morgan Chase said it will bring at least 1,150 jobs to Central Ohio during the next three years. NBC 4 reported with the FAST FACTS. Chase made the announcement Tuesday after months of lobbying on the state’s and city’s parts. At least 1,000 of the jobs were to be split between Chase’s McCoy Center in Polaris and its lending facility near Easton Town Center. The remaining 150 will be at the company’s Cleveland Avenue offices in Westerville, the company said. Columbus City Council on Monday, May 18, approved legislation with JP Morgan Chase to bring 1,000 new jobs into Central Ohio by the end of the year and retain another 10,000 positions. The city was expected to bring in $4.5 million in additional income tax from the new jobs over eight years. The deal was settled when council offered Chase a Jobs Growth Incentive of 35 percent for eight years and a Job Creation Tax credit of 65 percent for 10 years. About 900 of the new jobs are telephone customer-service positions serving Chase’s consumer and home lending customers around the country. Other positions will support the company’s technology, including its network of 14,000 ATMs. More than half the jobs are being created to help homeowners who are struggling with their monthly mortgage payments. “We are expanding in the Columbus area because we know employees here are educated, motivated and dedicated and because the city and state have been excellent partners,” Charlie Scharf, CEO of Chase Retail Financial Services, said. The acquisition of the new jobs is the first step of the city’s three-point plan to go from a $16-million shortfall to getting back in the black. Mayor Michael Coleman said the city has to be aggressive about finding jobs and opportunities locally. Second is the reformation of government, meaning making government more efficient. The third point is the passage of the half-percent income tax in August. The city said the three steps will be able to sustain essential city services, keep neighborhoods safe and maintain the quality of life that makes Columbus attractive to companies such as Chase. Anyone interested in applying for one of the new positions should go to http://www.careers.jpmorganchase.com for details and to complete an application. For additional information, stay with NBC 4 and refresh nbc4i.com—Where Accuracy Matters.
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Published: June 2, 2009
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