Narayan AmmachchiBrink’s Regional Services is to pour $2.56 million into building a shared services center in Miami, which will serve the company’s financial operations across Latin America. The venture, according to Florida Governor Rick Scott, will create more than a hundred jobs over the next three years.
“Brink’s decided to institute the LATAM Shared Service Center in Miami due to its ideal location and convenient access to all countries in Latin America, rich cultural ties to the region, and a highly qualified workforce with extensive experience and strong expertise working and serving the Latin American markets,” stated Brink’s Chief Financial Officer Orlando Bravo.
Founded in 1859 and based in Richmond, Va., Brink’s services includes money processing, long-distance transport of valuables, and vaulting. The Miami facility will also house a financial services center supporting the company’s operations in more than 10 countries in Latin America.
“Job creators like Brink’s have been the reason Florida’s unemployment rate has remained below the national average in the last six months and why more families can live the American Dream in the Sunshine State,” said the governor.
The unemployment rate has remained below the national average in the eastern state, with the private sector creating more than 440,000 jobs since December 2010. Florida has the 3rd largest finance and insurance cluster in the United States with some 850,000 workers at locations around the state.
“Brink’s establishment of a headquarters in Miami is further proof that South Florida is becoming the premier hub for international trade with Latin and South America,” said Jesse Panuccio, executive director of the Florida Department of Economic Opportunity.
“This project will not only add value to the industry but it gives us the opportunity to expose our state internationally,” said Secretary of Commerce, Gray Swoope.
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