TEXAS – Wells Fargo Bank Company will open its new regional campus in Irving, Texas, which was recognized by Governor Greg Abbott, noting that the state is experiencing historic leadership in financial services.
During the ceremony, the governor highlighted how Wells Fargo’s new facility will help Texas’ financial services workforce, encouraging even greater economic growth in the Upstate.
“As a hub of innovation, Texas needs the support and services of companies like Wells Fargo. With hundreds of millions of dollars in capital investment and a myriad of new jobs, the Wells Fargo campus will further foster economic growth in the area and keep Texas home to our nation’s largest financial services workforce,” Abbott said.
According to Abbott, more than 3,000 workers are expected to report to the facility when completed. The governor was joined during the ceremony by Irving Mayor Rick Stopfer, Wells Fargo President and CEO Charlie Scharf, Irving-Las Colinas Chamber of Commerce President and CEO Beth Bowman, and KDC Real Estate Development and Investment CEO Steve Van Amburgh.
Texas added 58,200 jobs in February 2023, reaching a total of 13,831,900 nonfarm jobs, of which 907,100 were in the financial activities sector.
At the ceremony, Governor Abbott presented a proclamation to Chairman and CEO Scharf commemorating the new facility and Wells Fargo’s investment in the Irving community and the people of Texas.
Last October, Governor Abbott announced that Wells Fargo would create a new regional campus in Irving. The project will create 650 new jobs and $455 million in capital investment for the region. A Texas Enterprise Fund grant of just over $5 million was extended to Wells Fargo.