24 Jan 2007
Thomson Looks to Expand on its Eagan Campus
$100 million project to add 2,000 jobs
Eagan, Minn.
The Thomson Corporation (NYSE: TOC; TSX: TOC) announced today its intention
to expand its facilities on the Thomson West Eagan campus to include a new
office building and data center. Thomson expects the new office space will
house 2,000 additional employees by 2012.
The expansion will add approximately 425,000 square feet of office and
80,000 square feet of data center space to the campus, and represents a
capital investment of more than $100 million, to be paid over two years.
The new office space will house technology, finance, service and other
professional jobs in Eagan.
Thomson Vice Chairman Brian Hall said the company expects to add 1,100
technology and operations jobs to support growth of the Thomson West
business, as well as additional positions that support pan-Thomson
services. “The decision to grow in Minnesota affirms the importance
of the Eagan campus and ensures that it will continue to be a critical
center for Thomson operations in the future,” said Hall. “We
think this is great news for the community, and for all Thomson colleagues
who live in the area.”
“Thomson’s plan to add 2,000 good, high-paying jobs in Eagan is
great news for Minnesota’s economy,” Governor Tim Pawlenty
said. “Their decision shows Minnesota is an excellent place for
employers to grow their businesses. We look forward to working with Thomson
on their expansion.”
“For 30 years, the City of Eagan and Thomson West have enjoyed a long
and successful partnership,” said Eagan Mayor Mike Maguire.
“Thomson’s continued investments in Eagan enhance Eagan’s
reputation as a technology leader.”
State Senator Jim Carlson added, “Thomson West has been an important
part of the Eagan area for more than 20 years, and these are the very kinds
of jobs that help to support the economic vitality of our area. We're
pleased that the company has made the decision to expand its presence
here.”
“Going back to my days on the city council, Thomson West has always
been a model corporate citizen,” said Minnesota State Representative
Sandy Masin. “I am confident their investment will benefit the
citizens of Eagan, residents of Dakota County and the state of Minnesota as
a whole.”
The Eagan campus is the headquarters for Thomson West and the Thomson North
American Legal business unit, and also is an important operations hub for
Thomson. The campus has more than 6,800 employees, including 1,400
technology professionals and 800 attorneys.
The company expects to break ground on the data center in April 2007 and
the office space in August 2007; the data center occupancy is planned for
November 2007 and the office space for October 2008.
View
renderings of the campus post-expansion.
The Thomson Corporation
The Thomson Corporation
(www.thomson.com) is a global leader in providing
essential electronic workflow solutions to business and professional
customers. With operational headquarters in Stamford, Conn., Thomson
provides value-added information, software tools and applications to
more than 20 million users in the fields of law, tax, accounting,
financial services, scientific research and healthcare. The
Corporation’s common shares are listed on the New York and Toronto
stock exchanges (NYSE: TOC; TSX: TOC).
Contacts
John Shaughnessy
Vice President, Corporate Communications
Thomson Reuters, Legal
Tel: +1 651 687 4749
Email