PowerSchool Ribbon Cutting Ceremony
PowerSchool Group LLC, a notable member of Sacramento’s tech community, is celebrating its new location in Folsom with a ribbon cutting ceremony, including live music and refreshments. The company’s expansion includes new jobs and investment, and a boost for the regional economy.
Friday, February 5, 2016
150 Parkshore Drive, Folsom, CA 95630
PowerSchool’s move to Folsom, CA and expansion to its new facility is having a positive impact in the local economy. The company has hired 27 employees in the month of January alone, bringing its total workforce in the Sacramento region to over 470 employees. Employee compensation for these hires is $1.3 million, which is being kept in the local economy thanks to the company’s decision to remain in the Sacramento Region.
The company partnered with both Folsom Lake College and Sacramento State to recruit graduates, retaining talent in the local workforce. The additional space at the new facility has allowed the company to recruit the largest starting class in its history to help service our client base, consisting of over 15 million students.
Regional expansion plans will continue with the company projecting over 100 hires in 2016, including 18 more positions to be filled in the first quarter. The press release below provides more information on PowerSchool and its initial expansion announcement.
Joe Trotter, PowerSchool Group LLC