Chico's gets $3.2M to grow HQ


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  • | 5:36 p.m. December 9, 2011
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FORT MYERS -- Chico's FAS Inc. (symbol: CHS) will receive $3.26 million in financial incentives from local and state government organizations to support the expansion of its corporate headquarters in Fort Myers.

Chico's expansion will include the creation of 150 new net jobs, with the average new hire earning $75,333 in salary, Lee County officials say.

Chico's Chief Operating Officer Kent Kleeberger says the company could invest up to $25 million over the next 18 months in expanding its headquarters, plus up to $10 million more by the end of its 2014 fiscal year.

 

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