With the dedication of the Centene cornerstone, Mayor Steinberg sees this as being a landmark time for Sacramento and the state. With over $13M in incentive dollars, the City of Sacramento can see anywhere from $516,000 up to $1.6M in tax revenue generated from Centene’s presence. “What this means, not just to the City of Sacramento, but to the Greater Sacramento region is if we think strategically about economic development and if the plan is executed properly, the region can grow and diversify while maintaining its commitment to the climate and the people,” Broome said. We saw a city decide that creating an incentive package that would ultimately build a new economic engine in the region was important and they put their money where their mouth is.” “With the Centene deal, we saw what was possible,” said Barry Broome, Greater Sacramento Economic Council CEO and President. Known as Centene West, the company brings with it 2500 new jobs which will make them one of the region’s largest employers with over 5000 employees in the Greater Sacramento area. We are going to step up to create nationally renowned workforce training programs so that the young people from our neighborhoods are first in line for these jobs,” Mayor Steinberg extolled.įrom one Fortune 500 company to another, Centene has officially broken ground in the Greater Sacramento region, landing in South Natomas. “We are going to create tens of thousands of high-wage, private sector jobs. “This is another sign and signal of an ever-changing, more dynamic Sacramento,” said Steinberg. Kim Hewitt, IBM, Client Director said that “we hope to be a longtime partner with Aggie Square.”Īs Aggie Square gains a new tenant, Mayor Darrell Steinberg sees this as a sign of a changing landscape. The announcement further augments IBM’s longstanding relationship in California.
“The announcement shows that Aggie Square is attracting attention and business.” IBM, a Fortune 500 company, is bringing a select group of specialized staff to work alongside the UC Davis Office of Scholarship and Public Engagement and Aggie Square staff,” stated UC Davis Chancellor Gary May during a recent press conference. “This is what an innovation ecosystem looks like. And Sacramento was named one of the best places to find a new job by Forbes magazine. Centene celebrated a cornerstone dedication of its new facility and touted that the project will bring up to 2,500 net new jobs to the region. In the past month, IBM announced an expansion into Aggie Square – A UC Davis led innovation center focused on life sciences, food systems, mobility, and civic technology. Greater Sacramento, CA – It is all right here in the Greater Sacramento region. It’s all right here in the Greater Sacramento region
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