Tuesday, June 23, 2009

AFFILIATED COMPUTER SERVICES FORMALIZES LEASE AGREEMENT TO REMAIN AT PORT SAN ANTONIO

SAN ANTONIO, TEXAS – affiliated Computer Services Inc. (ACS) signed a lease agreement with Port San Antonio that will keep them at the Port campus. The newly signed lease agreement means that the company will be adding 300 jobs to their Port San Antonio location which currently employs approximately 530 people.

The Dallas based company currently employs over 74,000 people worldwide. They are ranked among the current list of Fortune 500 companies with annual revenue exceeding $5.8 billion dollars. They have two offices in San Antonio and currently hold contracts with the State of Texas Attorney General’s Office and the Texas Health and Human Services Department.

The group was being courted by sites in Austin, Indiana and Utah. City of San Antonio officials came forward with $300,000.00 in the form of an economic development grant and agreed to nominate ACS for designation as a State Enterprise project. Port San Antonio proposed relocation to a new facility, a new lease agreement as well as facility improvements to the proposed property. The lease agreement between the Port and ACS was finalized on Tuesday, May 12, 2009.

A.J. Rodriguez, deputy city manager and interim economic development director for the City of San Antonio said: “ACS tends to hire workers who live nearby. Half of ACS workers at the Port live within a three-mile radius.” The new lease agreement will mean that an estimated 390 more jobs will be created in spin-off and support services employment for an annual economic impact of $99 million.

Bruce Miller, President/CEO of Port San Antonio said: “This is a fine example of the City and the Port working together to retain, and create new jobs here in our community. We are pleased that ACS will remain here at Port San Antonio.”

Affiliated Computer Services will be moving into the offices which until recently served as the headquarters office of Port San Antonio. They will be leasing 73,988 sq feet of space. The group is targeting an April, 2010 move in date.