Financial Technology Company to Invest $925,000, Create 69 Jobs
NASHVILLE – Tennessee Department of Economic and Community Development Commissioner Bill Hagerty along with TransCard, LLC officials announced plans to expand their operations on Jenkins Rd. in Chattanooga, Tenn. The expansion is a result of TransCard acquiring HQ Gift Cards, Inc., located in Louisville, Ky., along with the organic growth of their core bank business. TransCard’s expansion represents a $925,000 investment and will create 69 new jobs in Hamilton County.
“Tennessee’s extensive technology infrastructure and pro-business climate offer companies a significant competitive advantage in today’s global marketplace,” Hagerty said. “Under Craig Fuller’s visionary guidance, TransCard has become part of the great entrepreneurial DNA of this state. Craig and his team have built a world class technology company and we are proud that they call Tennessee home.”