'The business friendly environment coupled with the established and growing talent base was the perfect combination for 4th Source,' said Michael Wedge, 4th Source President and CEO.
Avondale, LA (PRWEB) April 25, 2014
4th Source Inc. announced the relocation of its corporate headquarters and the opening of its latest delivery center in Jefferson Parish, Louisiana at a press conference yesterday with Louisiana Governor, Bobby Jindal. "We have established our newest delivery center to meet the needs of our expanding customer base. Louisiana provided the best all-around economic environment to support our strategic plans," said Michael Wedge, 4th Source President and CEO. "The business friendly environment coupled with the established and growing talent base was the perfect combination for 4th Source."
4th Source is partnering with two large scale initiatives, Jefferson Parish Economic Development Commission (JEDCO) and Louisiana Economic Development (LED), as well as key regional colleges and universities in the launch of its new corporate headquarters and delivery center. The insourcing center will augment its three existing Mexican based nearshore centers with an additional labor pool and the ability to address its customer requirements for U.S. based service and process requirements. The combination of nearshore and U.S. based insourcing will allow 4th Source to take on any customer requirement with a full complement of multisourcing delivery capabilities.
4th Source will formally launch its Louisiana headquarters and delivery center in Q3 of this year. It expects to grow the center to a headcount of 320 positions over the next five years. Recruitment for consultants as well as management and supporting professionals will begin immediately. 4th Source has been experiencing high double digit growth for the past five years completing 2013 with over 60% year over year growth. "Our growth has been fueled by our ability to deliver process and service support that are lower in cost, risk, and complexity while ensuring a high degree of quality. The key to our success is our corporate culture," said Wedge.