(The Center Square) – Global computer consulting firm Capgemini will invest $ 20.1 million in Tennessee to build a new delivery center in Nashville, state and company officials said.
The investment is expected to create 500 jobs, with the potential for growth leading to another 500 jobs.
“The creation of Capgemini’s new delivery center is an important step that will help us continue to accelerate our business in the United States,” said Jim Bailey, Capgemini CEO for the Americas, in a statement. “The region is rich in diverse talent from nearby colleges and universities, has high accessibility and offers a ripe opportunity with our current partners and future clients.
The delivery center will focus on Capgemini’s capabilities in modernizing business applications, artificial intelligence, machine learning and IT solutions, state and company officials said.
“This expansion continues our investment to best serve our customers in key markets at every stage of their digital transformation journey,” said Bailey.
Capgemini is based in France and is present in 50 countries.
“In recent years, Middle Tennessee has far exceeded national growth rates in technology employment and is expected to continue on this trajectory for years to come,” Gov. Bill Lee said in a press release. “This region attracts tech workers from across the country and trains a skilled workforce right here in Tennessee. I welcome Capgemini to Tennessee as they are creating hundreds of new jobs in Nashville.
86 Pearson Lane: The heat exchanger maker will invest $ 16 million to locate in Lexington. The investment is expected to create 150 jobs in Henderson County.
VP Racing fuels: The racing fuel maker will invest $ 14.2 million to expand into Huntingdon and open a new facility in McKenzie, near the Carroll County Airport. The investment is expected to create 150 jobs.
Bioventus: The medical device maker will invest more than $ 9 million to expand in Cordoba. The investment is expected to create 40 jobs over the next five years in Shelby County.
General fusion company: The Canadian fusion energy technology company will invest $ 539,000 to open its US headquarters in Oak Ridge. The investment is expected to create 20 jobs in Anderson County.