Entrust Inc., a premier benefit management and consulting firm, is preparing to bring its corporate headquarters to the Fort Bend County section of the Katy area.
Founded in 1975, Entrust handles all areas of benefit management, including human resources consulting, benefit planning and administration management. Entrust is moving into a 34,000-sq. ft., two-storey office building being constructed at Westpark Tollway and Grand Parkway 99.
The Entrust group of companies is set to occupy 22,500 square feet of the new building and will bring 85 employees to the new facility. Construction of the building and Entrust’s presence there amounts to a $6 million investment and is projected to be completed by August 2013. The Mission Companies are developing the building and plan to offer the additional office space for lease to other Katy-based businesses.
Development Council worked together in recruiting Entrust to move into the area, and the Fort Bend County Commissioners Court approved a property tax abatement recently in support of the project.
“The area’s thriving, pro-business community and energized talent pool figured prominently in our company’s decision to relocate,” said Entrust Chief Operating Officer Robyn Jacobson.
Commissioner Andy Meyers commented, “Fort Bend County welcomes Entrust, a medical administrative services firm to the Katy area of Fort Bend. We also welcome the continued development in our county by the developer of Entrust’s office building, The Mission Companies. The investment by these two quality firms indicates their confidence in the Fort Bend County Katy community.”
Lance LaCour, President and CEO of the Katy Area Economic Development Council, said Entrust’s arrival is another sign of the Katy area’s emergence as the fastest-growing major business hub in the Texas Gulf Coast Region “This is another headquarters company planting its roots in Katy’s fertile soil,” noted LaCour. Over the past seven months, Katy has recruited other companies that are relocating their headquarters/administration functions to Katy, which include Dyna-Drill, Newpark Drilling Fluids and Weatherford.
About The Mission Companies
The Mission Companies are a group of companies involve in property management, leasing, development, acquisitions and sales of commercial office buildings, medical buildings, retail centers and golf facilities in Texas. Since their inception in October 1986, The Mission Companies have been involved in the management and/or leasing of more than 3.5 million square feet of commercial space in Texas.
About the Katy Area EDC
Founded in 2003, the Katy Area EDC’s mission is to establish the Katy area as the premierelocation for families and businesses through planned economic growth and economicdevelopment. Since its inception, the Katy Area EDC has grown to 150 members and assisted inthe creation of more than 9,500 jobs and more than $1.13 billion in capital investment.
About the Greater Fort Bend EDC
As the primary advocate for Economic Development and Quality of Life issues affecting Fort Bend County, the Greater Fort Bend Economic Development Council (“GFBEDC”) is the intersection and main catalyst for public and private sector cooperation within the County to build a strong and desirable community to live, work and play.
About Entrust Inc.
Entrust is a premier employee benefits management and consultant group, and claim administrator. Regarded as one of the nation’s most innovative benefit designers, Entrust’s experience, systems and resources allow for fresh, affordable and comprehensive business solutions. Technical competencies at Entrust Inc. span all legal, analytical, actuarial and experiential areas relating to health plan benefit design, implementation, and operation. Entrust is headquartered in Houston, Texas, with a full service office in Corpus Christi. http://www.entrustinc.com