A staffing firm based in the Silicon Valley plans to open a second location in the Grand Valley and hire nearly 60 employees over the next four years, the Grand Junction Economic Partnership announced.
“Our primary objective with this expansion is to gain access to a pool of work force interested in long-term job tenure and building something great together,” said David Chuang, president of netPolarity.
Headquartered in San Jose, Calif., netPolarity provides a range of recruiting and staffing services, including temp-to-hire, direct-hire and payroll services to clients that include Fortune 1000 companies.
The venture has been named to national lists of the 50 fastest growing staffing firms and 500 fastest growing companies.
“In Silicon Valley, work force demand is so high, the work force mentality is transitional, where typical tenure for an employee is 12 to 18 months,” Chuang said. “We are really drawn to the Midwestern value of hard work, strong ethics and loyalty. We are fortunate to have discovered Grand Junction, where there is a big city feel, but yet a small town flavor. Our presence is well-received and people are excited to have access to Silicon Valley type of opportunities.”
GJEP, an economic development organization that works to bring new companies and jobs to Mesa County, worked with netPolarity on the expansion. GJEP and the Colorado Office of Economic Development offered incentives.
The firm plans to hire 59 new employees in Grand Junction over the next four years with an annual payroll of $2.5 million and an economic impact of more than $6.6 million, GJEP announced. In California, netPolarity employs 60 people with an average annual salary of $65,000.
“These are exactly the type of stable, high-paying job opportunities GJEP wants to attract to Colorado’s Grand Valley,” said Robin Brown, executive director of GJEP. “We’re excited to prove that our rural community is, in fact, the ideal location for a global, tech-related enterprise like netPolarity.”
Grand Junction Mayor Rick Taggart praised the announcement. “This is a big win for Grand Junction and a great example of the collaborative spirit of our community.”
“By securing a company like netPolarity, we are solidifying our reputation as a blooming tech and entrepreneurial hub,” Taggart said. “It could not have happened without community support, and I would like to thank GJEP and all of our economic development partners for making it happen.”