Company's expansion to bring 350 new jobs to Cary

(Courtesy: Reed Elsevier Inc.)

February 15, 2012 12:42:43 PM PST
Reed Elsevier Inc., a world leading provider of professional information solutions, will expand its operations in Cary. The company plans to create 350 jobs over the next five years and invest $1.75 million.

The project was made possible in part by state grants from the Job Development Investment Grant.  

"Creating jobs is my top priority and the fact that globally competitive companies continue to make investments like these proves we have a top-notch business climate and a tremendously talented workforce," said Gov. Bev Perdue. "Our legacy of strong investments in education and economic are continuing to pay off." 

"We're laser-focused on delivering greater value and better outcomes for our customers," said Mike Walsh, CEO of LexisNexis Legal & Professional. "The expansion in Cary supports our mission to bring innovative products and services to market, even faster than today."

The company currently employs more than 300 people in Cary and Charlotte.

The overall average for the new jobs will be $91,644, plus benefits, which is more than double the average annual wage in Wake County.

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