State Farm is expanding its presence in Arizona.
According to Phoenix Business Journal, the Illinois-based insurance group is planning to build a regional headquarters in Tempe and will hire between 5,000 and 7,000 new employees.
The site, sources say, is located on the east side of the $50 million luxury apartment project planned by San Diego-based developer OliverMcMillan. It’s just east of the Hayden Ferry Lakeside project near Rio Salado Parkway and Mill Avenue.
State Farm is also building regional centers in Atlanta and Dallas.
State Farm released the following statement Tuesday in response to a request for comment.
As it has done throughout its 90-year history, State Farm continues to review its facilities, looking to ensure employees are in the right places to provide the best service possible for our customers.
Customers’ expectations continue to evolve and we need to adapt as those expectations change.
Decisions will be made over time – some happening sooner – others years later. What we can confirm is that:
• Our company headquarters remains in Bloomington, Illinois.
• We are expanding our established presence in Atlanta, Dallas and Phoenix.
• In addition to these locations, we will continue operating in a number of communities where we have an established presence. Today, we are continuing to use our Valley facilities to support our work and serve customers. Our review is ongoing.
We appreciate the continued contributions of people in all these facilities. We do not have further details to share now but when we do we will be certain to communicate with our agents, employees and associates.
KTAR’s Martha Maurer contributed to this report.
- Skin Cancer in Arizona: Stats, facts and new immunotherapy drugs making strides
- Caring Crisis: Rising tide In Alzheimer’s disease leads to shortage of caregivers
- Distracted walking injuries end up not so funny
- Scary situations: 5 quick tips before you let a contractor in your home
- Four ways telemedicine is changing the health care industry
- 5 mistakes homeowners make in the spring
- Three rivers run through it: Exploring Arizona's waterways
- Smart home basics: things you need to know to get started
- 5 Surprising things causing back pain
- Arizona agriculture is a $17.1B industry
- Timeline: Arizona's roots in brewing history
- 5 reasons to love the D-backs this season
- Tips for taking your home entertainment experience to the backyard
- Tech-related injuries your parents never experienced
- Workers comp: Signs your co-worker could be a fraud
- Who's the real founder of America's pastime?
- Epidemic rising? What you need to know about Alzheimer's in Arizona
- 5 unforgettable Wooden Award winners
- Family and hard work are keys to success of modern dairy farmers
- Genetic testing could hold answers for colon cancer survival
- Cold beers and baseball: A beer lover's guide to Spring Training
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Failed back surgery: New hope for patients living in pain