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Australian Financial Services Business Sets Up Shop In Jacksonville

Lindsey Kilbride

On Thursday afternoon the Jacksonville Chamber of Commerce announced Macquarie Group, an Australian financial services company, will soon grow roots in Jacksonville.

Under an economic development agreement with the city, Macquarie has promised Jacksonville 123 new jobs that pay an annual wage of more than $60,000.

And if the group keeps up its end of the bargain, Jacksonville will provide the company with grants, including nearly a quarter-million dollars for training.

Mike McLaughlin heads Macquarie in the U.S. He says his team began looking for a new location about a year ago, and Jacksonville beat out nearly 20 potential spots for the company’s new location.

“Our team conducted a very robust search. No stone was left unturned,” McLaughlin said. “After a thorough review, we’re pleased to announce today that Jacksonville emerged as the best choice.”

Macquarie is expected to hire financial and and tax reporting positions in Jacksonville.

McLaughlin says the Jacksonville location is set to be up and running in 2016, and representatives are looking for a location downtown.

Lindsey Kilbride was WJCT's special projects producer until Aug. 28, 2020. She reported, hosted and produced podcasts like Odd Ball, for which she was honored with a statewide award from the Associated Press, as well as What It's Like. She also produced VOIDCAST, hosted by Void magazine's Matt Shaw, and the ADAPT podcast, hosted by WJCT's Brendan Rivers.