Ascensus Announces Plans for New Tech Park Office Location in Tucson, Arizona
Company targets Pacific Time Zone to support firm-wide growth
DRESHER, PA (December 20, 2016) — (BUSINESS WIRE)--Ascensus, the nation’s largest independent retirement and college savings services provider, is pleased to announce that it plans to open a new office location in Tucson, Arizona by mid-2017. The new office will be located in the UA Tech Park at Rita Road, a research park owned and operated by the University of Arizona.
Ascensus has experienced significant growth across all business lines and that has created the need to augment both its facilities and workforce. After a national search, Tucson, Arizona was selected due to its strong labor force as well as attractive facilities. Additionally, the new location allows for enhanced client service coverage in the Pacific Time Zone where the company has many existing client relationships.
The UA Tech Park is a dynamic community, where innovators and business leaders meet and where emerging companies and technology giants work side by side. The Park is located in a suburban setting on Tucson’s rapidly growing southeast side. Its spacious campus encompasses 1,345 acres and 2 million square feet of developed space. The Park is home to more than 40 companies with nearly 6,500 employees and is one of the region’s major employment centers. Tech Park tenants contribute $1.75 billion to the local economy annually.
The new Ascensus office space can accommodate about 170 associates, with an option for Ascensus to expand into additional space within the Tech Park as additional associates are needed. Initially, Ascensus will be hiring service center representatives and account managers.
“Tucson is experiencing incredible economic growth as a result of industry-leading companies like Ascensus creating hundreds of high-quality jobs in the region,” said Arizona Governor Doug Ducey. “We could not be more pleased to welcome Ascensus to Arizona and congratulate them on their success.”
“Once again, Arizona demonstrates that it has the talent, location, and business environment to meet the needs of growing businesses like Ascensus,” said Sandra Watson, president and chief executive officer of the Arizona Commerce Authority. “We thank Ascensus for selecting Tucson after a competitive national search. We also thank Governor Ducey for his excellent leadership, as well as UA Tech Park, Pima County, the City of Tucson, and Sun Corridor Inc. for their partnership in this project.”
“We are thrilled to welcome Ascensus and its associates to the UA Tech Park,” states Bruce Wright, associate vice president and chief executive officer of Tech Parks Arizona. “We look forward to our future growth together and value the support Ascensus provides to University of Arizona students through their 529 college savings programs. We would like to thank our partners who assisted in the recruitment efforts including Arizona Commerce Authority, Sun Corridor Inc., Pima County, and the City of Tucson.”
“With a population of more than one million people, Tucson will allow us to choose from a deep pool of talent in order to continue to build out our service team,” states Bob Guillocheau, president and chief executive officer of Ascensus. “Our 1,700+ associates work hard every day to enable success for our clients, and our expansion to Tucson will help drive continued growth.”