The technology company said it will invest $20 million in capital developments, both in Atlanta and Columbus, according to the office of Georgia Gov. Nathan Deal, who touted the state’s attractiveness for financial technology.
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"InComm has contributed to that reputation," he said, in a statement. "The company has experienced significant growth while utilizing Georgia's expansive resources for high-tech businesses."
The planned expansion follows InComm's deal to acquire distribution rights of prepaid and other gift cards from American Express. InComm will manage and process the programs, which will still be issued by American Express.
The expansion in Georgia is part of the 400-person addition that results from that deal, according to Brooks Smith, the chief executive of InComm. “Some are transitioning from American Express and others are being hired by InComm as a result of the new business.”
In metro Atlanta, InComm has nearly 1,400 employees, according to the company. InComm has about 135 employees elsewhere in the state.
InComm said its total workforce is nearly 3,000.
The city has seen several other expansions of late, including Accenture and the Boston Consulting Group, according to a statement from Atlanta Mayor Keisha Lance Bottoms.
InComm makes and operates gift card programs for major retailers and brands. It also operates prepaid wireless programs and reloadable debit cards.
Michael E. Kanell, the AJC's economics writer, has been reporting on jobs, housing and the economy at the AJC for nearly two decades. He has appeared on television and radio to analyze and report on business and economic developments.