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Oct. 12, 2012

Velocity to Cross State Line to New, 33K-Sq.-Ft., Headquarters in Mo.

By Gabriel Circiog, Associate Editor

The Missouri Department of Economic Development announced the Kansas City, Kansas-based information technology company Velociti is moving its headquarters to Riverside, Mo.

The company, which provides technology deployment services globally, plans to consolidate its primary operations at a new location in Platte County. The move is expected to create 97 new jobs. Chris Pieper, acting director of the Missouri Department of Economic Development, said: “We are thrilled that another high-tech, IT-based company is moving to the Show-Me State.” He added: “This announcement is more evidence of the positive direction of Missouri’s economy under the leadership of Governor Nixon, with thousands of new jobs created in the past two years and an unemployment rate that remains consistently well below the national unemployment rate.”

The Kansas City Star reports the Velocity move is being helped by $1.5 million from Missouri’s Quality Jobs program and $49,500 in recruitment assistance. The firm will leave its 1146 Booth St. quarters. By early next year, it will occupy around 33,000 square feet in a new 175,000-square-foot building, currently under construction in the 260-acre Horizons Industrial Park.

Velociti CEO, Michael Kahn said: “We’ve spent the past year looking at potential spaces on both sides of the state line. While we found excellent facilities throughout the metropolitan area, we believe that the newly constructed Horizons Industrial Park will best accommodate our rapidly expanding call center and state-of-the-art staging and configuration facility, and that its proximity to an international airport will be appreciated by our global and out-of-town visiting customers and suppliers.”

According to the latest figures available, 17,900 new jobs were created during the month of August, taking the total number of new jobs created by Missouri for 2011 and 2012 to-date combined to over 46,000. Velociti is the fourth company in recent weeks to announce crossing the state line. Murphy-Hoffman, a regional truck dealership will move 100 jobs from Kansas City to Leawood. Larson Binkley, an engineering firm, will move 40 jobs from Overland Park to Kansas City, and Hantover Inc., a distributor for the food processing and general manufacturing industries, will move 91 jobs from Kansas City to Overland Park.

Rendering Courtesy of: www.riversidehorizons.com

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