Thursday, February 2, 2012

Advance To Invest $8 Million and Create 75 Jobs

Roanoke-based Advance Auto Parts, an automotive aftermarket retailer of parts, batteries, accessories, and maintenance items, will add a Financial Services Commercial Customer Care Center to its Roanoke corporate headquarters operation.

Advance will invest $8 million to support this expansion, as well as other growth. Financial Services will manage the entire commercial customer credit experience including commercial customer master data setup, billing, accounts receivable and collections.

The project will create 75 new jobs over the next three years.

Speaking about today’s announcement, Governor Bob McDonnell said, “An investment of $8 million and 75 new jobs for the City of Roanoke is tremendous for the Company and the region. Advance Auto Parts operates more than 3,600 stores across the United States, and we are proud to be the home of this Fortune 500 company’s corporate headquarters and now growing financial services operations, for the 80th year. I am confident that the partnership between the Commonwealth and the Company will remain strong and continue to grow.”

“Advance Auto Parts is a leading Virginia-grown company that has thrived in Roanoke since 1932,” said Jim Cheng, Virginia Secretary of Commerce and Trade. “The new Financial Services Commercial Customer Care Center will add to the company’s impressive and growing operation, and I am thrilled that Advance chose Virginia for this significant expansion project

The company is eligible to receive benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company’s recruitment and training activities.

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