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Publicly traded IT company bringing 224 jobs to Rio Rancho

FROM JOE

An El Segundo, California-based IT company is opening a sales center in Rio Rancho.

PCM (NASDAQ: PCMI) is expected to bring operations to the city this summer, including 224 sales positions with annual salaries ranging between $45,000 and $65,000, according to a news release from the state’s economic development department.

The company is a technology solutions provider that brought in $1.9 billion from March 2015 to March 2016 working with businesses, government and educational institutions and individual consumers, according to its website. PCM said in a separate release that it expects to lease 29,000 square feet, and noted that drivers included “easy access from the West Coast, temperate climate and a high standard of living … [as well as] strong support from local colleges and universities feeding into the labor pool.”

“We are honored that PCM chose to locate its sales center in Rio Rancho,” said Rio Rancho Mayor Gregg Hull in the state’s release. “PCM is an established, proven company that will create high-quality, well-paying jobs for New Mexicans.”

PCM is expected to receive $700,000 from the state’s closing fund, LEDA, for infrastructure improvements. The company will also receive $568,676 in Job Training Incentive Program (JTIP) funds to help the company hire and train workforce for the expansion, according to the NM Economic Development Department.

The expansion follow several other recent announcements of jobs added, even as the state struggles with high unemployment rates and slow job growth.

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