Wednesday, November 1, 2017

Governor Abbott Announces Selection Of San Antonio For New Ernst & Young Client Service Delivery Center

AUSTIN – Governor Greg Abbott today announced that Ernst & Young LLP (EY) has chosen San Antonio as the location of a new client service delivery center for its Financial Services Organization. EY is a global leader in assurance, tax, transaction and advisory services with firms in approximately 150 countries around the world and more than 40,000 employees across the United States. The new client service delivery center will include a capital investment of more than $10 million and the creation of 600 new jobs in San Antonio, Texas. A Texas Enterprise Fund (TEF) grant offer of $2,625,000 has been extended to Ernst & Young.

"The business climate we’ve created in Texas encourages successful companies like Ernst & Young to choose the Lone Star State for growth and expansion opportunities," said Governor Abbott. "This pro-business approach isn’t just good for job-creators, but provides Texas job-seekers an abundance of opportunity in diverse fields. That is exactly what this announcement from Ernst & Young will provide, and I thank them for their investment in Texas and look forward to their continued success.”

“EY has thrived as a member of the San Antonio business community. We work closely with the SAEDF and community leaders regularly and when the opportunity arose to find a prime location for EY’s client services delivery center, San Antonio was a logical fit,” said Randy Cain, Vice Chair and Southwest Region Managing Partner, EY. “In reviewing other markets for this project, San Antonio’s workforce availability in cyber, tech and financial services, plus the competitive cost of doing business aligned with the project needs.”

“Securing another EY office in San Antonio is yet another affirmation of San Antonio’s growing potential to attract and have world-class companies experience positive growth in our city,” said Mayor Ron Nirenberg. “This project also meets several of the key long-term economic goals laid out in the City’s SA Tomorrow Comprehensive Plan by bringing in specialized, well-paying professional services jobs within two key industries for San Antonio such as information technology and financial services.”

“We are thrilled to see a global leader like EY invest in diversifying and expanding their San Antonio operation,” said Bexar County Judge Nelson Wolff. “We expect to see a great impact from EY’s client services delivery center in San Antonio and look forward to welcoming similar organizations in the future.”

“Our strong foundation in the financial services and cybersecurity sectors made San Antonio extremely competitive for this project and ultimately led EY to choose our community for their new center,” said Jenna Saucedo-Herrera, San Antonio Economic Development Foundation President & CEO. “San Antonio is poised for growth in these sectors and we applaud EY for recognizing that opportunity.”

View more information about Ernst & Young LLP.