Jackson National Expansion Endorses Lansing Area

Construction is well underway and on time for the $100 million expansion at Jackson National. The project is expanding the dining and conference facility, and adding a whole new office building.

"The conference facility's already enclosed. There's a green roof on it. It's on, the exterior walls are on, so weather delays are a minimal impact now. The main building's the steels going up, the first tower's almost complete and it's a little more sensitive to winter construction, but again they're ready for it," explained Jackson National's CEO, Mike Wells.

The new building allows the company to hire more employees, but CEO Mike Wells said it'll continue hiring while the building is constructed.

"It's not dependent on this building. But, the building will give us capacity for about another thousand here, but this year for example we'll hire an excess of 500 in Lansing," Wells said.

The finished expansion project is also encouraging growth of businesses in the area, which means even more jobs.

"A lot of the support industry that'll be here, that's a result of the investment that Jackson and other companies continue to makes - we'll continue to see that supplier base as well," said Tim Daman, President and CEO of the Lansing Regional Chamber of Commerce.

The Chamber of Commerce is pleased with Jackson's decision to expand in Lansing.

"We're topping $500 million in economic investments and these are companies that could choose to grow and invest in other parts of the country," Daman said.

Which is an endorsement for the city.

"It's a clear statement of our confidence in the market long term and I think in the people in the community long term," Wells said.

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Jackson National Expansion Endorses Lansing Area