Feb. 24--BLOOMINGTON -- RR Donnelley, a Fortune 250 Company, is in final negotiations with the Bloomington-Normal Economic Development Council, STL Technology Solutions, Bloomington and Normal to bring a tech hub to the Twin Cities that will initially hire 50 full-time software developers.
Company officials said a successful pilot could mean substantial expansion. Average annual wages are above $50,000.
The company is requesting $75,000 from each Twin Cities. The money would be used for startup costs for the pilot -- initially STL Technology Solution's technology center in Bloomington.
"The grant we're proposing is designed to keep Bloomington-Normal competitive in a tough business attraction market," said Ken Springer, vice president of the EDC. "We want to make the decision to join the Bloomington-Normal business community a virtual 'no-brainer' for RR Donnelley."
RR Donnelley is a global provider of integrated communications and works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions.
STL, founded in 1991, provides managed information technology, data, center, professional and administrative and management service s to commercial, state and federal organizations.
"We are looking forward to becoming part of the Bloomington-Normal community and tapping into the impressive pool of technology resources in the is area," said Ken O'Brien, RR Donnelley chief information officer.
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