Gov. Rick Perry on Monday says GEICO is growing its Katy office and is planning to add 1,000 new jobs over the next three years to support its claims operations.
"Whenever we hear about a major employer expanding or relocating to Texas, it affirms what we've been telling people all these years," Gov. Perry said. "When you create a place that rewards innovation and hard work and frees people to do best in pursuit of their dreams, good things happen. Like many cutting-edge companies, GEICO knows that Texas is a great destination for innovative companies looking to excel."
The expansion translates into an $8.5 million capital investment.
"We're excited about expanding our claims operations with our new Katy office," GEICO chairman and CEO Tony Nicely said. "We know from the experience we've already had in Houston that it's a great environment for business; the workforce is excellent, and the quality of life is outstanding. We look forward to bringing more wonderful career opportunities to the people of the Greater Houston area."
GEICO was founded in Fort Worth in 1936 to provide auto insurance to federal employees and members of the military. It currently serves over 830,000 Texas policyholders and employs more than 1,900 Texas residents.
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