ADT expansion to add 300 jobs
Officials with security company ADT Corp. said that the company's planned expansion in West Knox County will add 300 jobs to its workforce, and will include a facility expansion.
Company CEO Naren Gursahaney attended a news conference at the Pellissippi Corporate Center, where ADT already has a customer monitoring center.
The CEO noted that ADT spun off from Tyco International earlier this month and days later company officials rung the bell at the New York Stock Exchange.
"None of that compares to today," he said.
Local economic development officials initially recruited an ADT predecessor, Brinks Home Security, in 2006. Since then, Brinks' home security business was spun off and re-branded, and in 2010 it was purchased by Tyco.
More recently, Knox County Mayor Tim Burchett and local Chamber officials traveled to Nashville to ensure that state tax credits granted to ADT's predecessor would continue to be available to the successor company.
ADT provides electronic security for residential and small business customers in the U.S. and Canada. Its Knoxville center has about 300 workers and following a recent upgrade, the facility is now ADT's IT Disaster Recovery Center.
Source: Knoxville News Sentinel