(Jan. '08)  Fidelity Investment to Establish New Location in Albuquerque, NM. KLG assisted Fidelity select the Mesa del Sol development in Albuquerque, NM as the location for its new 1,250 job center and to secure significant public sector incentives worth in excess of $40M.

(Dec. '07) Confidential Client (Investment Bank) to Expand in Salt Lake City, UT. KLG has assited one of the world's premier Investment Banks to decide to expand its Salt Lake City operations center by 375 jobs and to secure over $20M in incentives.

(Nov. '07) Confidential Client (Investment Bank) to Expand in Baltimore, MD.  KLG has assisted one of the world's premier Investment Banks to decide to expand its Baltimore, MD operations center by 900 jobs and to secure $23M in incentives.

KLG’s new report details how companies are using innovative location strategies that rely on geographic diversification to successfully respond to the technology talent shortage. Access to sufficient quantities of qualified workers is perhaps the single greatest challenge facing high technology employers today.  Demand for information technologists, engineers, and other high technology workers remains strong. However, as a result of fundamental demographic and geographic trends, supply is not expanding rapidly enough to satisfy this demand.   Innovative companies are adopting a “Balanced Portfolio Approach” that incorporates the establishment of new, large-scale nearshore and offshore locations, as well as specialized Centers of Excellence, to provide a powerful competitive advantage by ensuring the required supply of employees with the necessary skills, and sustainable cost savings. » Learn more in the full report.  (pdf file)

(Feb. '07) Fidelity Investments announces 1,535 job expansion in Westlake, TX.  KLG has assisted Fidelity Investments to select Westlake as the site for a major expansion of 1,535 jobs.  This expansion will include the construction of a new 600,000 sq. ft. facility on Fidelity's current campus.  KLG helped Fidelity secure a significant incentive award which included an $8.5 million grant from the Texas Enterprise Fund along with significant local property and sales tax exemptions.

(Aug. '06) Fidelity Investments announces 2,000 job expansion in Raleigh-Durham, NC.  KLG has assisted Fidelity Investments to select Raleigh-Durham as the site for a major expansion of 2,000 information technology and business support jobs and to secure public sector incentives valued at approximately $70 million.  Fidelity will invest approximately $100 million in a new campus in Research Triangle Park.

(July '06)  KLG has assisted one of the world's premier investment banks select Budapest, Hungary as the site of its new service center.  The center will provide finance, operations, and technology support for the firm's businesses in New York and London.  The firm expect to employ 450 in the center by 2009.  Earlier in the year, KLG helped the firm select Budapest as the site of its new Fixed Income Quantitative Modeling Research Center.

(June '06) Fidelity Investments announces 1,200 person Brokerage operation in Jacksonville, FL:  KLG has assisted Fidelity Investments to select Jacksonville as the site for its new Customer Contact Center and to negotiate public sector incentives valued at approx. $13 million.  The Center will employ highly skilled brokerage representatives, most with Series 7 and 6 licenses, to serve the firm's clients.  Fidelity plans to hire 400 workers in 2006, and ultimately expects to employ approx. 1,200 by 2010.

(April '06) Credit Suisse announces expansion of its Global Business Center in Raleigh-Durham, North Carolina to 800 jobs and the addition of a $100 million datacenter facility:  KLG helped Credit Suisse establish its Global Business Center (GBC) in Research Triangle Park in 2004.  The GBC serves as a major software development, securities operations, and datacenter hub for the firm.  Based on the initial success of the GBC, Credit Suisse has announced a major expansion of the campus.  KLG is proud to have helped Credit Suisse select Raleigh as the home for the GBC in 2004, assist the firm to plan the new expansion, and to have negotiated public sector incentives worth approx. $38 million for the initial committment and the newly announced expansion.  » Learn more about the Credit Suisse Global Business Center.

(Jan. '06) KLG has assisted the fixed income sales & trading division of one of the world's foremost investment banks establish a Quantitative Modeling Research Center in Budapest, Hungary. » Learn about KLG's role in this revolutionary initiative.

Can domestic deployment rival the economic savings of “offshoring” to developing nations? Read KLG’s new report that describes why it can. The trend towards relocating business functions offshore continues to gain momentum. Often this is an effective solution. However, in many instances, domestic opportunities may be more fiscally and operationally attractive. » Learn more about these findings in KLG’s Global Sourcing White Paper. (pdf file)

Forward-thinking companies are using geography to capitalize on major demographic trends that will change the U.S. competitive landscape. A significant labor shortage in the U.S. is predicted during the current decade and employers should expect that competition for labor will intensify, retaining workers will be challenging, and there will be strong upward pressure on wages. At the same time, the geographic concentration of labor is continuing to shift out of the traditional employment centers of the Northeast and into the South and West. » Learn about how these important trends are likely to impact your business. (pdf file)

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