Legal Featured Article
October 18, 2012
Epiq Systems Announces $7.5 Million Facility Expansion of Its Kansas City Headquarters
By Calvin Azuri, TMCnet Contributor
Epiq Systems, Inc recently announced that it has begun the construction on the 20,000 square foot expansion of its corporate headquarters in Kansas City, Kansas. The expansion, which is expected to cost the company $7.5 million, is expected to be completed in the summer of 2013. Epiq Systems are specialists in managed technology for the global legal profession.
In a statement, Tom W. Olofson, chairman and CEO, Epiq Systems, said that, "Through the expansion of our corporate headquarters, we will be better equipped to fulfill the growing demand for Epiq's technology-enabled solutions. Additionally, we are pleased to reinvest in the local community and bring additional jobs to Kansas City, Kansas."
Epiq Systems is working on the facility expansion to essentially accommodate its growing need for technology professionals. Post the completion, the company will be able to effectively expand its Kansas City workforce to more than 200 associates. At present, Epiq employs close to 1,000 associates across the globe.
With the expansion work underway, the company is expecting to receive around $4.5 million in incentives in the form of property tax reductions, sales tax exemptions, and Kansas income tax credits.
Kansas City, Kansas Mayor Joe Reardon said that, "Connecting business and technology is vital for our community. Epiq's expansion aligns with that goal by employing top business and technology professionals in the area, helping to strengthen our city's dynamic and diverse culture. This expansion continues what promises to be a record setting year for new business and economic development in Wyandotte County."
Epiq Systems specializes in providing its customers with advanced range of technology enabled solutions for electronic discovery, bankruptcy, and class action administration. The company's full-service portfolio includes litigation, investigations, financial transactions, regulatory compliance solutions, as well as other legal matters for eDiscovery.
Edited by Brooke Neuman
LATEST LEGAL NEWS
Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Certain Registered Public Stock Exchanges, Brokerage Firms and High Frequency Trading Firms
Government Partially Settles False Claims Act Cases Arising From Construction Fraud at US Marine Corp Bases Camp Lejeune and Camp Pendleton
WTAS Global Extiende su Alcance a los Paises Bajos y Rusia a traves de la Incorporacion del Grupo Taxperience
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Kansas City Southern and Its Board of Directors and a Lead Plaintiff Deadline of June 16, 2014