FL: FIS to Build $145 Million HQ in Jacksonville, Creating 500 Jobs
27 Nov, 2019
Florida Gov. Ron DeSantis and Fidelity National Information Services Inc. Chairman, President and CEO Gary Norcross announced recently that FIS will build a $145 million, 12-story, 300,000-square-foot world headquarters in Jacksonville, creating 500 jobs.
FIS has been in Jacksonville for more than 15 years. In July it acquired Worldpay Inc for $43 billion and is looking for more space to accommodate the expansion. FIS provides technology for financial institutions and Cincinnati-based Worldpay provides payment services. The combined company will have more than $12 billion in annual revenue and 55,000 employees worldwide in 40 countries. It has clients in 110 countries.
“Today is really a neat announcement, because we’re able to announce that FIS has decided to double down on its commitment to Jacksonville and build a new and expanded headquarters just a few hundred yards away on ground right here in Jacksonville,” DeSantis said.
As part of a $29.9 million incentives deal with the city and state, Fortune 500 company FIS will retain its 1,216 Jacksonville employees. Norcross said its three Jacksonville facilities will be consolidated into the new headquarters, expected to be completed in June 2022.
City Council approved its share of the incentives for the code-named Project Sharp on Sept. 10. The economic development agreement, signed by city officials and FIS CFO James Woodall was effective Thursday.
By 2029, FIS will create the new jobs, paying an average $85,000 a year.
(c)2003-2020 Trade & Industry Development is a publication of Due North Media - a division of Due North Consulting, Inc.
Copyright 2001-2020, Due North Consulting, Inc. -- All rights reserved.
The material on this site is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, cached, displayed, published, broadcast, directly or indirectly, in any medium without the prior written permission of Due North Consulting, Inc.