1901 Group has announced it will invest $4 million to expand its enterprise IT Operations Center headquartered in Montgomery County, Virginia, and its corporate offices in Fairfax County.
The company will receive funding for the project from the Virginia Jobs Investment Program, which will support the addition of 580 new jobs in Montgomery County and 225 new jobs in Fairfax County by 2021.
“1901 Group’s revenue in the federal market has increased by 30 times in the last six years,” noted 1901 Group CEO Sonu Singh. “Much of this growth can be attributed to operating in the Fairfax region, which has a strong technology focus and great access to talent. Our business model also leverages the talent, the quality of life, and the advantageous cost of living in Montgomery County. Our goal of creating high-quality IT jobs clustered in rural areas is the best way to improve quality and performance for the federal government especially as the pace of cloud adoption increases. Our revenue and headcount growth are proof that this is the next big trend in rural IT jobs.”
Virginia Gov. Ralph Northam said 1901 Group’s decision to expand operations “is a strong testament to Virginia’s ability to compete for major projects that will result in tremendous opportunity for citizens across the Commonwealth.”
“With one of the largest technology talent pools in the nation, Virginia’s thriving IT industry promises high anticipated growth and upward mobility for employees,” he continued. “We thank 1901 Group for creating more than 800 new 21st-century jobs and for contributing to our efforts to ensure that all Virginians, no matter who they are or where they live, have access to a promising future.”
1901’s investment was praised by state and local officials across Montgomery and Fairfax counties.
“1901 Group is a great example of a company leveraging new technologies in innovative ways, and I am delighted that the firm is taking advantage of our technology-focused workforce to expand its corporate operations here,” said Gerald L. Gordon, president and CEO of the Fairfax County Economic Development Authority.
The Virginia Economic Development Partnership is supporting 1901 Group’s recruitment activities through VJIP, a program that provides consulting services and funding to companies creating new jobs or experiencing technological change to support employee training activities. VJIP reduces the human resource costs of new and expanding companies.