Commissioner Murman quoted in this Tampa Bay Business Journal article on Gateway One:
Gateway One Lending & Finance announces 115-job expansion in Tampa
Mar 23, 2015, 2:32pm EDT Updated: Mar 23, 2015, 3:44pm EDT
Deputy Editor- Tampa Bay Business Journal
Tampa is strengthening its grip on the financial services sector with an announcement Monday that Gateway One Lending & Finance will hire 115 employees for a new auto lending service center.
“With this announcement, Hillsborough County is further strengthening its position as one of the top locations in the country for financial and professional services firms,” said Sandy Murman, chair of the Hillsborough County Board of County Commissioners.
Gateway One’s parent company, TCF Financial Corp., is based in Wayzata, Minnesota.
The company will make a $675,000 capital investment in the community, according to a statement from Gov. Rick Scott‘s office. Much of that money will be spent on computer equipment and office equipment, according to the Tampa Hillsborough Economic Development Corp.
These jobs will pay an average wage of $47,581 and include managerial-level roles for functions including loan servicing, asset recovery and compliance, according to an email from EDC CEO Rick Homans to EDC investors.
Hillsborough County approved a local incentive match of $69,000 in support of Florida’s commitment of $276,000 through the Qualified Target Industry program.
The company chose Tampa because of the labor market, EDC Chair Ron Vaughn said in the statement.
The market in Tampa Bay is deep for professional services jobs in the finance industry. “Our academic institutions have collaborated over the years to create interdisciplinary curricula in response to feedback from local financial services employers. Those collective efforts are now paying off, providing those firms with highly skilled, diverse, and often multilingual graduates,” Vaughn said.
Gateway One’s Tampa office is at 5570 W. Idlewild Ave., just north of Hillsborough Avenue north of Tampa International Airport.