Collectcorp Selects Northeast Ohio for Expansion

5/5/2009 1

Collectcorp, a privately owned and operated global accounts receivable and call center management company, announced that they will expand their operations by opening a new call center facility in Middleburg Heights, Ohio this July. The new location is expected to employ 125 people with a minimum annual payroll of $3.1 million.

“The increase of our US-based client business has increased our capacity needs” said Mr. Nicholas Wilson, Chairman and CEO of Collectcorp. The company, headquartered in Phoenix, Arizona, just completed the opening of its third call center, located near Toronto. The company also has locations in St. Louis Park, Minnesota, and Hobart, Australia.

The company considered many regions for this expansion according to Collectcorp. The firm chose Northeast Ohio in large part because of the quality and availability of workforce and ease of doing business.  The company chose Middleburg Heights because of its strategic location with access to muliple highways and the Cleveland Hopkins Airport.

“Northeast has one of the nation’s best fiber optic networks,” said Tom Waltermire CEO of Team Northeast Ohio.  “This, coupled with our technical capabilities, and our talented and dedicated workforce, makes our region attractive for call centers.”

Collectcorp worked with a collaborative economic development team to secure its Northeast Ohio location decision, including the State of Ohio, the City of Middleburg Heights, and Team NEO. 

“Middleburg Heights is proud to have been able to work with the Ohio Department of Development and Team NEO to attract Collectcorp to Middleburg Heights and bring a significant number of new jobs not only to Middleburg Heights but also to Northeast Ohio and the State of Ohio,” said Mayor Gary W. Starr, City of Middleburg Heights.  “We were successful in our efforts to demonstrate that Middleburg Heights is willing to make it easy for businesses to do business in our community.”

The company expects the new call center to open to by mid-July and intends to employ the majority of account representatives by the end of 2010.


About Collectcorp:
Collectcorp is a privately owned and operated global accounts receivable and call center management company serving credit grantors since 1978.  Its strategy is to focus on the largest financial institutions and various government bodies in North America.  Collectcorp employs approximately 1,400 full time staff throughout multiple sites in the United States, Canada and Australia. 

About Team NEO:
Team NEO advances Northeast Ohio’s economy by attracting businesses worldwide to the 16-county Cleveland Plus region.  The organization is a joint venture of the region's largest metro chambers of commerce.  Since 2007, the organization has attracted 23 new companies, 2,500 new jobs and more than $75M in annual payroll to Northeast Ohio, leading to a total regional annual impact of $150M.


Contact Information:
Carin Rockind, Vice President Marketing and Communications
Team NEO
216.288.5119
crockind@teamneo.org
www.teamneo.org.  

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