LAWRENCEVILLE - In this time of economic bad news, Gov. Sonny Perdue was glad to report a new company coming to Gwinnett County, bringing hundreds of jobs with it.
YesVideo Inc., a digital media company, has leased 30,000-square-feet in the Oakbrook Technology Park in Norcross. Company leaders plan to invest millions into a production facility and add, over the next three years, 300 jobs that pay above industry standards.
"YesVideo represents the type of high-quality, global, technology-based regional office we are working to attract to Gwinnett County," Gwinnett Commission Chairman Charles Bannister said.
Perdue announced the California company's decision at the Capitol, as he presented legislation to position the state for more economic development projects by enhancing and updating tax credits.
The governor said Georgia is "perfectly situated" for high-tech companies like YesVideo. "We have a skilled work force, the technical infrastructure, a terrific transportation network and a business-friendly environment that fosters success," he said.
YesVideo transforms consumer and professional video content from the original into current digital formats, allowing the content to be viewed and enjoyed by the next generation, a press release said. The company, which will open March 16 at Suite 140 of 5300 Oakbrook Parkway, uses highly automated production technology that digitizes the video media to contemporary formats and indexes the content so it can be easily viewed, organized, edited, shared and archived.
Gregory Ayres, the company's chief operating officer said the Atlanta area is a perfect location for the expansion of his company. "Atlanta is well-centered, geographically, to service the entire Eastern Seaboard, Midwest, and South Central regions with cost-effective ground logistics," Ayres said. "In addition, the community has a ready labor force and extremely well-developed IT infrastructure to suit our growth plans."
Gwinnett Chamber of Commerce officials lauded the announcement as another triumph of the Partnership Gwinnett plan to entice businesses to the area.