Software company TechSmith plans Lansing HQ

[RustTown]

This was surprising news. I'm a little disappointed that the University Corporate Research Park/Lansing Regional SmartZone might as well be in Meridian Township or East Lansing, but this is a big deal, nontheless.

Software company TechSmith plans Lansing HQ

Okemos software maker TechSmith Corp. plans to move its headquarters to the University Corporate Research Park in Lansing.

The $18 million project will create 105 new jobs, 75 of which are directly tied to TechSmith.

http://www.lsj.com/apps/pbcs.dll/article?A...30370/1001/news

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For reference, TechSmith is the world's leading provider of screen capture and recording software for individual and professional use. BTW, this is not just a consolidation, but an expansion, as well.

A map of the University Research Corporate Park:

[statedude3]

New jobs in a tech field is a good thing. I agree about location, but hey it's good for the city.

[RustTown]

The follow-up story, today, says that the building will be 100,000 square feet for 140 employees (not including the the growth of over 100 new employees). It's going to be another suburban low-rise, as they are leasing 11-acres of land in the tech park, but will own their new headquarters building.

http://www.lsj.com/apps/pbcs.dll/article?A...354/1004/news03

[RustTown]

Another article about TechSmith talking about what has lead to their expansion. It will be great to see them start construction. Things like these are sorely needed for a struggling city.

TechSmith's software leads to expansion

Bill Hamilton's eyes get a little bigger at the mention of the $18 million investment his company is about to make in a new Lansing headquarters.

That's not the kind of luxury TechSmith Corp. is used to.

http://www.lsj.com/apps/pbcs.dll/article?A...310/1004/news03

[RustTown]

Looks like Lansing has pulled another tech company from suburban Okemos:

Jadian Enterprises moves to Lansing

Software and services company Jadian Enterprises Inc. has moved from an Okemos office to the 42,000-square-foot Metro Internet Exchange building in north Lansing. The building, at 1800 W. Grand River Ave., northwest of Old Town, is the headquarters and main data center for telecommunications company ACD.net. Technology companies IdealSo, Computer Data Recovery and Citadel Defense Technologies also call the building home.

http://www.lansingstatejournal.com/apps/pb...D=2007703270309

It looks like we must be doing something right.

Also...

Neogen profit jumps 44 percent

Lansing-based food and animal safety company Neogen Corp. said this morning its fiscal third-quarter earnings were up 44 percent.

The company reported a profit of nearly $2 million, or 21 cents per share, for the three-month period that ended Feb. 28. That was up from earnings of $1.4 million, or 16 cents per share, one year earlier.

http://www.lsj.com/apps/pbcs.dll/article?A...348/1004/news03

[dunveth]

Where does the city limit run in connection with the first project? It may be technically in Lansing, but anything east of US 127 feels like East Lansing to me.

[RustTown]

That tract of land highlighted in the map I posted above is the sliver of land of Lansing's that goes east of 496 at that location.