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2Jul/100

OR Jobs Created by IBM

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One popular tech company is planning to create hundreds of OR jobs.

IBM has announced that it will hire 600 new employees in Oregon as a result of the company's recent acquisition of Beaverton-based Wilshire Credit Corporation, which will allow IBM to introduce a new mortgage software. The company chose Oregon over Charlotte, N.C., and Tulsa, Okla. for its new operations.

"We were very pleased," Jill Miles, national recruitment officer for the State of Oregon, told The Oregonian. "When you get something like this, everything else goes by the wayside and this is your focus, because the return to the state is so great."

IBM already has a campus in Beaverton, which houses the company's Linux Technology Center and other software development work. The company currently employs about 650 workers at the Beaverton campus, while Wilshire employs about 710 workers in the state, with half located in Salem. About 90 of the new IBM jobs will be located in Salem as well.

IBM has not yet revealed when the new workers will be hired, but local and state officials say training could begin as early as this month. The new employees are expected to earn average salaries between $35,000 per year and $50,000 per year.

The company will receive $300,000 from the State of Oregon and $50,000 from the City of Beaverton for worker training. IBM plans to spend about $8 million on capital improvements and $4 million to train new and existing employees.

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