Lara Keel Lobbyist News: Gov. Perry Announces GEICO Expansion in Katy

Governor Perry announced that GEICO will be expanding its operations in Katy, Texas to create 1,000 new jobs over the next 3 years. The expansion includes 8.5 million dollars of investment.

GEICO was founded in Forth Worth in 1936; it is not the fastest growing insurance company in the United States.

“Whenever we hear about a major employer expanding or relocating to Texas, it affirms what we’ve been telling people all these years,” Gov. Perry said. “When you create a place that rewards innovation and hard work and frees people to do best in pursuit of their dreams, good things happen. Like many cutting-edge companies, GEICO knows that Texas is a great destination for innovative companies looking to excel.”

Read original release here.