Appcast Will Create Up to 70 jobs in Fredericton Over the Next Four Years
FREDERICTON– Appcast, a New Hampshire-based job-search company, will create up to 70 full-time jobs in Fredericton over the next four years with support from the provincial government, the company announced Wednesday.
Appcast says the new full-time equivalent positions expected to come in the fields of account management and sales.
“It is extremely gratifying to be here in Fredericton to announce Appcast’s newest expansion,” said Chris Cummins, Appcast’s chief revenue officer, in a release.
“New Brunswick is uniquely situated to offer Appcast the ability to maintain close links with our workforce both in New Hampshire and in Europe. We would like to thank Opportunities NB for working with us every step of the way. We are confident the tech-savvy workforce available in New Brunswick will be of great value as we continue to build the Appcast brand across North America and around the world.”
Appcast’s software uses programmatic technology to change the way that companies find good-quality candidates, helping organizations find talented staff more efficiently. The company currently supports over 750 clients including Verizon, HP, Lyft, PwC, FedEx, and Kellogg’s.
With employees already located across offices in the United States as well as operations in England and Belarus, Appcast says its growth in Fredericton has the potential to be the “largest expansion in the company’s history.”
It’s estimated that the creation of up to 70 new jobs would contribute $23.6 million toward the province’s GDP over a four-year period and $2.954 million in provincial taxes over that same period.
Appcast is eligible for up to $1.35 million in support from Opportunities NB, The funding comes in the form of payroll rebates, which are performance-based and only disbursed to a company once it has created and maintained the jobs for one year and provided proof of salary levels and employment.