Expense Reduction Analysts Plans CR Location
Expense Reduction Analysts (ERA-USA) plans to move its California-based support services office to Cedar Rapids, creating 16 high quality jobs and repurposing an existing vacant building, 240 33rd Ave. SW.
ERA-USA is a franchisor company that supports franchisees operating an Expense Reduction Analysts® Consulting Practice, which help clients reduce on-going business expenses, such as costs for printing, freight and other logistics. Franchisees are typically business consultants with expertise in reducing costs through knowledge and information. Clients are typically companies with annual revenues between $5 million and $500 million.
Presently located in Carlsbad, CA, ERA-USA’s planned moved is contingent upon formal approval of state and local incentives, which includes a 20% local match.
“We are very excited to establish operations in Cedar Rapids” said Jim Schmitt, Managing Director of Expense Reduction Analysts. “The talented and technically skilled workforce, network of like-technology companies, and access to the University of Iowa made Cedar Rapids a natural fit for our company.
“We are thrilled that Expense Reduction Analysts chose to establish its operational headquarters in Iowa,” said Dee Baird, President and CEO of the Cedar Rapids Metro Economic Alliance. “There is tremendous momentum in the state of Iowa for economic development and this announcement of new high-quality jobs will continue to move our economy forward.”