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Bank of America, Energy Intelligence Worldwide Corp. and Total Quality Logistics Announce Plans to Expand in Jacksonville

June 5th, 2013 · Leave a Comment

Mayor Alvin Brown and JAXUSA Partnership, a division of the JAX Chamber, announced today that Bank of America, Energy Intelligence Worldwide Corp. (EIWC) and Total Quality Logistics LLC are each proposing major expansions in Jacksonville. Combined, the companies’ projects are projected to create 320 new high-wage jobs with an average annual salary of more than $50,000 and approximately $14 million in capital investment in Jacksonville.

Bank of America is planning to expand operations at its two Southside Jacksonville campuses to accommodate multiple Bank of America and Merrill Lynch lines of business. The expansion project would result in a capital investment of approximately $13 million and at least 200 new full-time, high-skilled jobs with an average wage of more than $50,000 by December 2015.

EIWC is a Florida corporation headquartered in Jacksonville that was incorporated in 2011 to provide energy management solutions that lower resource consumption and reduce energy expenses. EIWC is interested in locating its global corporate headquarters and energy monitor center at 100 N. Laura St. in Downtown Jacksonville. The project would create 45 new full-time, high-wage jobs with a private capital investment up to approximately $674,000.

Total Quality Logistics, the second largest freight brokerage company in the nation, is planning to open a new office in Jacksonville at a location to be determined. The company’s proposal would create 75 new jobs and a private capital investment of up to $380,000. Headquartered in Cincinnati with 17 additional satellite locations across the nation, Total Quality Logistics arranges transportation of consumer and industrial goods across North America. The company reported more than $1.3 billion in sales in 2012 and employs more than 2,000 people nationwide.

Legislation will be introduced to City Council that enables Bank of America, EIWC and Total Quality Logistics to create up to 320 new jobs and make a $14 million capital investment in the community.

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