M&T Bank expansion adding jos in Millsboro
Approximately 50 new local jobs will be created through an expansion of the call center and the building of a new data center at M&T Bank in Millsboro. Currently, more than 450 people work at the Millsboro location, and the new $20 million, 20,000-square-foot data center in M&T Bank’s existing operations could raise that number to more than 500.
M&T Bank representatives estimated the project will be completed in early 2012. It coincides with the company’s expansion of its workforce in Millsboro.
“M&T said clearly it is committed to Delaware and committed to our communities,” said Gov. Jack Markell. “Its decision to expand operations and put people to work building its new data center here puts even more action behind its words. We have a responsive approach, a talented and dedicated workforce, and a shared commitment to getting things done that M&T has endorsed with its expansion.”
“Our investment in this facility made sense for us for many reasons,” said Nicholas P. Lambrow, president of M&T Bank’s Delaware region, adding that they have been part of the Millsboro community for many years. “We are committed to continuing that investment and the 107-year legacy of Wilmington Trust throughout the State of Delaware.
“We would also like to thank the incredibly responsive leadership in Delaware under Gov. Markell.”
Alan Levin, director of the Delaware Economic Development Office, added, “We’re working hard to help companies realize the value of doing business in Delaware. M&T already makes an important contribution to our state, and we’re proud they chose to expand their operations in Millsboro.”
Millsboro Mayor Robert H. Bryan said the town was happy to hear that M&T Bank is expanding its already large workforce and that he hopes this is a sign that the economy is turning around.
Amy Simmons, Millsboro Chamber of Commerce coordinator, agreed.
“It certainly helps the economy. A lot of people are desperately looking for jobs at this point,” she said, adding that M&T Bank is a member of the Chamber and they support their business. Simmons said jobs bring people looking for housing and the economy of the town gets a jumpstart as a whole. “We are thrilled with the possibility of 50 new people coming to work for them.”
She said other large employers in the Millsboro area are Mountaire, Pinnacle Foods and Atlantic Shores Nursing Home.
In May 2011, Wilmington Trust merged with M&T Bank Corporation. They have approximately $78 billion in assets and more than 775 retail and commercial bank branches in New York, Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, Delaware, Florida, the District of Columbia, and Ontario, Canada.
Wilmington Trust’s 48 branch offices throughout Delaware will become branch offices of M&T Bank later this summer. Read more about M&T Bank at www.mtb.com/newsroom. Individuals seeking additional information about career opportunities can visit: www.mtb.com/careers/Pages/CareersMT.aspx.
The Delaware Economic Development Office is an executive state agency responsible for attracting new investors and businesses to the state, promoting the expansion of existing industry, assisting small and minority-owned businesses, promoting and developing tourism and creating new and improved employment opportunities for all citizens of the State. For more information, visit dedo.delaware.gov.