Technology provider Paycom Software Inc. officially began construction on its new Grapevine facility that promises 1,000 well-paying jobs.
The Oklahoma-based company, along with Grapevine city officials broke ground on its 150,000-square foot Texas operations center on April 10.
Paycom provides cloud-based human capital management software. The company initially announced its plans to consolidate operations from its offices in Farmers Branch, Fort Worth, and Lewisville and relocate to Grapevine in June 2018.
“Today marks an important day for Paycom,” Paycom’s CEO Chad Richison said in a statement. “Consistent growth continues to drive our strategic investments including our expansion in Texas. As we break ground on our new operations center, we are looking forward to joining the Grapevine community.”
Construction on the new facility is scheduled to complete within the next two year.
Paycom’s new site is located at 3489 SH 121 and neighbors Kubota Corporation’s North American headquarter.
“Grapevine is incredibly proud to be home to Paycom, one of the fastest growing human capital management companies in the U.S. and one of the most innovative companies in the world,” Grapevine Mayor William Tate said in a statement. “Innovation is such an important part of Grapevine’s heritage.”
Last June, the Grapevine City Council had agreed to provide about $5 million in tax incentives to Paycom for its relocation plans.
“Whether entertaining families, or creating the next generation of HR technology, this fast-paced leader is a perfect fit for the Grapevine footprint,” Tate said.