News : Hamilton Council Approves Tax Credit to Lure Barclays Call Center
Hamilton, OH, Aug 12, 2015 -- Hamilton City Council at its meeting Wednesday approved a tax credit for Barclays Services LLC, the next step in an effort to lure the company’s credit card-servicing call center here.
About 1,500 jobs are at stake.
Now that Barclays has secured tax credits from state and local governments, the ball is in the company’s court to sign a lease to open a call center in Hamilton at a location that has yet to be confirmed.
Barclays is growing, and plans to open a call center in the area, according to REDI.
"We are fortunate that they are considering us because bigger cities like Cincinnati, Baltimore or Chicago are always out there looking at companies this size," said Hamilton Councilman Archie Johnson. "This will be really big for Hamilton. It will be nice for a city our size to get this many jobs coming in."
It’s still possible that Barclays could choose another location elsewhere or scrap the project altogether, even though Hamilton council approved the tax credits. For example, a Chinese-based auto supplier canceled last year plans to build a Lebanon manufacturing plant despite securing a package of financial incentives to lure the investment there.
Posted by Veronica Silva Cusi, news correspondent
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Barclays is a financial services group, with a significant international presence in Europe, the USA, Africa and Asia. It engages primarily in banking, investment banking, and investment management. It has been involved in banking for over 300 years; operates in more than 60 countries; and employs more than 110,000 permanent colleagues (including 32,500 at Absa).
About Hamilton City Council:
Hamilton is a city in and the county seat of Butler County in southwestern Ohio, United States. The population was 62,447 at the 2010 census. The city is part of the Cincinnati metropolitan area.
Published: Friday, August 14, 2015