Chicago's Braintree Adding 150 Jobs in the City
Mayor Emanuel is once again on a roll in terms of job creation announcements, this time joining Chicago-based Braintree at a press conference to announce the growing company’s plans to add 150 jobs in the West Loop.
Braintree, founded in 2007, helps businesses accept credit card payments by providing a merchant account, payment gateway, and storage for credit card data. Among its list of local clients are on-demand private car service Uber, daily deal site LivingSocial, and entertainment media company Rovio.
From the Chicago Tribune:
Emanuel visited Braintree's new West Loop headquarters on Monday and said the company is establishing deeper roots in Chicago. Braintree, which has more than 60 employees and plans to hire 40 more by year-end, also opened an office in Menlo Park, Calif., this summer to be closer to customers in Silicon Valley and the Bay Area. Emanuel said the company is establishing deeper roots in Chicago even though it could have expanded in California.
"It didn't have to be here in Chicago; it could have been somewhere else," Emanuel said. "But they saw something here in the city of Chicago, both the energy, talent and quality of life, and the ability of the public sector to join as a partner with the private sector to have them grow here. Ten years ago, PayPal was started here in Chicago (and) did not think they could make it as a company. So they went to the coast."
The Mayor has been exceptionally busy working to attract companies to Chicago and spur job creation. Last week, he announced that smartphone maker Motorola Mobility will be moving its headquarters and 3,000 jobs from Libertyville to Merchandise Mart in downtown Chicago. Earlier last week, he announced that Zurich will be adding 150 jobs in Chicago over the next few years.
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