Tech Consultancy Llamasoft Announces $10.7 Million Expansion, Adds 70 Jobs
By Laura Cowan
Laura K. Cowan is a tech editor and journalist whose work has focused on promoting sustainability initiatives for automotive, green tech, and conscious living media outlets.
Ann Arbor-based supply chain software development consultancy Llamasoft yesterday announced an expansion that will bring another 70 jobs to the company's Ann Arbor headquarters, paired with an expected $10.7 million expansion. Job listings are already on the company's website, including positions in machine learning, development, customer service, marketing, legal, and sales.
Llamasoft serves a diverse set of industries from automotive to life sciences to retail. The investment in Ann Arbor is focused on expanding and upgrading Llamasoft's current headquarters facilities, and is expected to "generate a total private investment of $10.7 million and create 70 jobs, resulting in a $515,790 Michigan Business Development Program performance-based grant." It's not a gigantic investment, nor is it funded by the company directly, but does add a significant number of new positions to the consultancy's international team, focusing them on the Ann Arbor home base headquarters. Michigan was chosen over competing sites in Colorado and Texas.
Llamasoft serves more than 750 corporations and has won a number of awards, including most recently Entrepreneur Magazine's Best Entrepreneurial Companies Award in 2018. We will follow up with the company later this year to see how the expansion and hiring efforts are going, which are supported by Ann Arbor SPARK.