TechSmith will stay in mid-Michigan adding high paying, high tech jobs.
Its people provide practical business software tools and services. You may have heard of the screen capturing software SnagIt, well TechSmith Corporation makes it.
Tuesday, the Okemos business made a big announcement. It will invest more than $18 million and forego its four separate buildings to build one world headquarters within the Lansing Regional SmartZone.
The zone seeks to stimulate the growth of technology based businesses in the Lansing region.
TechSmith's founder and president says conservatively, 105 jobs will be added to the 140 already here. "We're committed to at least 75 jobs directly in the company and I think there's another 30 attributed secondarily," says William Hamilton.
Half will be high tech software developers making up to six figures, the other half of the new staff will be people in the marketing, shipping, sales and customer support sectors. All positions will require at least a four year degree.
The new headquarters will go up in the MSU Corporate Research Park. Eleven acres will be dedicated to the project, ground should be broken in May and construction completed in one year.
Lansing beat out Indianapolis, Indiana and TechSmith's President admits he couldn't have stayed without the single business tax credit and proposed local tax abatement.
MSU President Lou Anna K. Simon says, "It's a signal that some of the things we've been doing in terms of community cooperation actually can work, for all the skeptics who didn't believe this model could be effective."