Thomson Reuters, a global information services company, plans to expand and add at least 300 jobs in the Ann Arbor area.
Financial Impact:
Thomson Reuters plans to make invest $19.9 million for a new facility.
Employment Impact:
At least 300 jobs will be added to the current 1,100 Ann Arbor area employees in the next five years.
Industry Impact:
The vast majority of local employees work in Thomson Reuter’s Tax and Accounting business, a unit providing accounting, tax and practice management software and technology infrastructure to the accounting profession in the U.S. and Canada.
Ann Arbor SPARK assisted Thomson Reuters in securing incentives from Michigan Economic Development Corps. and working with Pittsfield Charter Township, which will consider supporting the project in the form of property tax abatement.
