J.P. Morgan Chase & Co. To Expand In Delaware

J.P. Morgan Chase & Co. (NYSE:JPM) has scheduled the addition of 1,200 new positions.

J.P. Morgan Chase & Co. To Expand In Delaware

J.P. Morgan Chase & Co. (NYSE:JPM) has announced that it is planning to add 1,200 new jobs in Delaware, as well as pledging to spend $50 million in capital investments in the state.

The job creation will be funded in part by a $10 million state job development fund.

A part of the state aid will be used for capital improvements, including new telephone systems and computers.

Gordon Smith, CEO of J.P. Morgan Chase & Co. (NYSE:JPM)’s Card Services and Auto Business, said that, “J.P. Morgan Chase & Co. (NYSE:JPM) has a long and rich history here in Delaware, and it is a great place to do business. J.P. Morgan Chase & Co. (NYSE:JPM) appreciates the positive business climate fostered by Governor [Jack] Markell, his administration and the leadership of the state”.

JP Morgan Chase & Co. (NYSE:JPM) company shares are currently standing at 43.21.

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