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American dream come true
 It's not exactly an easy chore to describe the enormity of the news we learned last week about CenturyLink, a Fortune 500 telecommunications company headquartered in Monroe.
Simply put, it was a big deal in more ways than one.
For those of you who may have been on vacation and didn't keep up with what was happening back on the ranch, Gov. Bobby Jindal paid his umpteenth visit to Ouachita Parish June 28 to join CenturyLink CEO Glen Post in announcing the company would ramp up its employment by 800 positions at its corporate headquarters over the next five years. CenturyLink currently employs about 1,300 people in Ouachita Parish.
According to Jindal and Post, CenturyLink also will maintain its corporate presence in Monroe through 2020. A comforting thought, but eight and a half years is not a long time. Through the year 2050 would be more agreeable, but beggars can't be choosers.
The addition of 800 new jobs at CenturyLink is expected to create 1,170 new indirect jobs in Ouachita. The 800 new direct jobs will be filled by people with skills in accounting, engineering and information technology. The positions will pay, on average, about $65,000 annually plus benefits. The new indirect jobs are expected to pay roughly the same.
CenturyLink's announcement last week came on the heels of two major deals the company made over the past couple of years – the acquisition of Kansas-based Embarq Corp. in 2009 and the acquisition of Denver-based Qwest Corp. in 2010. Those acquisitions made CenturyLink one of the largest telecommunication companies in the world.For the full story, subscribe to the The Concordia Sentinel's NEW E-Edition! |
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