NetEnrich to open Ann Arbor-area office, create 225 jobs

More IT R&D is coming to A2, thanks in part to incentives from the MEDC. Confused yet? Don't worry, the bottom line is another 225 jobs for Ann Arbor.

NetEnrich plans to open an office in Ann Arbor by the end of the month and hire 225 people within 10 years. Of those, 40-50 people will be brought in within one year.

"The number one reason we choose Ann Arbor was people," says Raju Chekuri, president & CEO of NetEnrich. "Ann Arbor has a lot of technical folks who understand what we do for a living."

Another big factor in the decision is a $3.9 million tax credit from the Michigan Economic Development Corp. That money, which will be spread out over 10 years, played a significant role in luring NetEnrich to Michigan over states like Florida and South Carolina.

The California-based IT company will invest $2.7 million in a new R&D and Network Operations Center. A specific space for the NetEnrich office hasn’t been decided yet, however, Ann Arbor SPARK is helping them choose a location.

"In a week's time, we'll have it nailed down," Chekuri says.

Source: Raju Chekuri, president & CEO of NetEnrich
Writer: Jon Zemke

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NetEnrich to open Ann Arbor-area office, create 225 jobs

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