1,000 New Jobs Coming To Mid-Michigan - WLNS TV 6 Lansing - Jackson | Your Local News Leader

1,000 New Jobs Coming To Mid-Michigan

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LANSING, Mich. (WLNS) - Jackson National Life has big plans.

The Lansing-based life insurance company will launch a $100 million dollar expansion and hire up to 1,000 new employees. The location is based in Ingham County's Alaiedon Township near Okemos - but because of a special land and tax sharing agreement, the company is technically considered Lansing.

The company made the announcement with Governor Rick Snyder and Lansing Mayor Virg Bernero on hand.

The plans call for a 260,000 square foot addition - including a conference center - to its existing building plus another 80,000 data imaging center.

Some 2,100 people - half of the company's employees - currently work at the Lansing headquarters. Officials say they wanted to stay and expand because of its location near several major universities including MSU.

Tom Conway, a board member on the Meridian Area Business Association, says bringing in this many people will cause a ripple effect and bring in additional revenue to hotels, restaurants, other local businesses and the housing market.

"With 1,000 people moving into the area and getting jobs with Jackson, that would mean one thousand spouses," said Conway. "It will provide other jobs. Businesses will expand. There could be start up businesses."

Conway adds the extra amount of people in the area will bring in additional revenue to local hotels and restaurants that can use the business.

 

Lansing Economic Area Partnership President Bob Trezise is also excited for the possible growth.

"Whether you're in Alaiedon Township, the City of Lansing or Grand Ledge, this has enormous impact on everybody," said Trezsie. "I feel so good. It's about families."

The jobs are expected to be full-time, high-paying positions with competitive benefits. Local business leaders believe Jackson National workers will stick around and have a long-lasting positive impact on the economy.

The plans will still need the approval of various local governments and state officials, but the company hopes to break ground on the project later this year.

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