The Jefferson Parish Economic Development Commission (JEDCO), along with the Governor, Jefferson Parish Government and the City of Kenner, made a major announcement earlier today: systems and information technology company 4th Source will be establishing corporate headquarters and delivery services center in Kenner.
4th Source is a leading technology company in North America that provides nearshore tech and services across a number of industries.
The new headquarters–the fourth opened office for 4th Source in the United States– is expected to create 320 direct jobs and an additional 412 indirect jobs, as estimated by Louisiana Economic Development (LED).
“We are thrilled to welcome 4th Source to Jefferson Parish,” says Jerry Bologna, JEDCO Executive Director. “4th Source’s investment in their new headquarters highlights the resources and workforce base available in this community as the technology industry strives to reach critical mass. Not only will 4th Source bring new jobs to our region, but it will provide an immense boost to the economic climate within Jefferson Parish. JEDCO continues to stand ready to support the 4th Source team as they begin to call Jefferson home.”
JEDCO worked closely with the Jefferson Parish government and LED to help bring the company in state. 4th Source has received an incentive package that includes access access to LED’s FastStart, a training program, the state’s Quality Jobs Program, and the Digital Interactive Media and Software Development Incentive.
“This is a truly exciting day for Jefferson Parish,” adds Parish President John F. Young. “We would like to commend JEDCO’s efforts, along with the collaboration between state, regional and local organizations, in bringing this headquarters to the area. The attraction of 4th Source to Jefferson Parish speaks volumes about our community’s business-focused climate and vast assets. We are thrilled to welcome 4th Source to the community and look forward to a long-term partnership with this outstanding company.”
Operations are anticipated to be underway by late 2014 with hiring to fill new jobs for its Kenner technology center beginning this summer.
Governor Bobby Jindal said the announcement of the new headquarters is a significant win for the state of Louisiana. “We are pleased that 4th Source recognizes Louisiana’s thriving business climate, outstanding growth potential and highly skilled workforce.”