DALLAS, Oct. 31, 2017 (GLOBE NEWSWIRE) -- GEX Management, Inc. (OTCQB:GXXM) announces the opening of its Northwest Arkansas regional office. This regional office is located adjacent to the Northwest Arkansas Mall and services the cities of Springdale, Bentonville, Fayetteville, Rogers and their surrounding communities. GEX Management’s new office will serve as a local base of operation to work with businesses that are fueling the current economic growth of Northwest Arkansas.
GEX Advisory Board Member and former CFO of Tyson Foods, Inc. (TSN), Gerald Johnston, stated, “Northwest Arkansas is one of the nation’s fastest growing and most dynamic regions in both population and job growth. One of the most important features of Northwest Arkansas’ growth is that it is occurring across multiple cities in the region. The economic growth in Northwest Arkansas is supported by four cities: Fayetteville, Springdale, Rogers, and Bentonville. More than half of the metro population resides in this region. With a unique combination of corporate headquarter operations, talent, and research, Northwest Arkansas is recognized as a worldwide center of excellence in retail, food, logistics, and sustainability. New and innovative companies are starting to move here every day and the area boasts a diverse and growing workforce.”
The U.S. Census Bureau recently reported that Northwest Arkansas is the 22nd fastest-growing metro area in the U.S. Job expansion is the leading driver of regional growth. Northwest Arkansas is known nationally as the home to three Fortune 500 companies (Walmart, Tyson Foods, and J.B. Hunt), but many other Fortune 500 companies have employees based in the region including Procter & Gamble, Mondelez International, 3M, General Mills, Disney, Coca-Cola, Kimberly Clark, Johnson & Johnson, Hershey and more than 1,400 other companies.
The University of Arkansas, which has significantly increased its enrollment in recent years, helps fuel the region's growth as well.
Investments in quality of life amenities over the past decade are also attracting relocation from many other areas of the country. These investments include Crystal Bridges Museum of American Art, the Walmart AMP, Scott Family Amazeum, the Walton Arts Center expansion, Arvest Ballpark, and the Razorback Regional Greenway.
Northwest Arkansas has also benefitted from upgrades to its healthcare systems, investing $500 million in improvements at Mercy Northwest Arkansas and Washington Regional Medical Center. As part of that investment, Arkansas Children’s Northwest, the state's second children's hospital, is under construction in Springdale.
“My colleagues at GEX introduced me to Northwest Arkansas and the incredible people that make up this vibrant, hardworking community,” said Carl Dorvil, CEO of GEX Management. “We look forward to working with this community and the opportunity to be a part of their ongoing growth.”
About GEX Management
GEX Management, Inc. is a licensed Professional Employer Organization (PEO) and a Professional Services Company that provides comprehensive back office services to our clients in a variety of industries. Our services include HR, Payroll, Risk & Compliance Management, Digital Marketing, IT, Executive Consulting, and Accounting/Bookkeeping. We offer progressive and complete solutions for employee management and operational needs of your company. http://www.gexmanagement.com
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Investor Relations Contact:
Clayton Carter, Chief Financial Officer
877-210-4396
info@gexmanagement.com