Fortune 150 technology giant DXC Technology will expand its Conway operations by adding 1,200 new jobs to its current workforce of roughly 400. Gov. Asa Hutchinson and company officials made the formal announcement on Tuesday at press conference in Conway.
“A large part of the mission of the Arkansas Economic Development Commission and this administration has been to recruit high-paying, high-tech jobs to the state, and we’re thrilled to see DXC expand in Conway,” Hutchinson said. “When an existing business chooses to reinvest and expand, you know there’s something special happening.”
DXC Technology is the outgrowth and evolution of several companies, including the enterprise services of HP, EDS and CSC. The company specializes in IT outsourcing and has carved a huge niche in providing data management services for state Medicaid programs. It boasts $20.75 billion in annual revenues and nearly 6,000 clients in more than 70 countries.
In Conway, DXC will create a “global Center of Excellence” for the Medicaid business, including service to clients in 30 states. The new positions will be in healthcare and life sciences, automotive and security IT services. According to job postings already available, positions will range from entry level data input at $10 per hour to java developers, business analysts and management jobs paying close to $100,000.
DXC’s current Conway facility, located at 355 Ledgelawn Dr., employs about 400 workers. The company cited a number of factors for choosing to expand in Central Arkansas.
“We’re proud of our public-private partnership with the State of Arkansas and [Conway] Chamber, and helping manage the dramatic transformation underway in public health services,” said Andrea Fiumicelli, DXC vice president and general manager of Healthcare and Life Sciences. “We have a great team in Conway, and our expansion here will create new job and career opportunities, strengthen our educational partnerships, and contribute to the area’s growth economically and as a center of innovation.”
Shares of DXC (NYSE: DXC) opened trading on Tuesday at $27.12. Over the past 52 weeks, the company’s stock has traded between a low of $26.02 and a high of $88.36.