Reinsurance Group of America, Incorporated ( RGA), one of the largest global providers of life reinsurance, broke ground this week on its new global headquarters in Chesterfield, Missouri. When completed in 2014, RGA's new 405,000-square-foot complex will contain two five-story office towers, each equal in size and linked by a two-story atrium lobby. According to a KSDK report, RGA has been based in the St. Louis area since 1973.
"Breaking ground on our new global headquarters is a great way to celebrate RGA's 40th anniversary. Even with our entire St. Louis workforce in the new building, it will still have room for a significant number of additional associates to satisfy our planned growth," said Greig Woodring, President and Chief Executive Officer of RGA. "We are very happy to make this commitment to Chesterfield and the St. Louis area," he said.
St. Louis County Executive Charlie Dooley said, "I am proud to partner with RGA and help them grow in St. Louis. I see great things ahead for this company. Honestly, one of the best parts of my job is helping tell stories of people doing good work and helping shape our region for generations to come."
"This is a world leader," Gov. Jay Nixon told the Missouri Times after the ceremony. "When you get a world leader like RGA, which has grown up here in the Show Me State, that could literally put this building and this headquarters anywhere in the world and in a very competitive atmosphere they choose Missouri, and make a $140 million investment that would add hundreds of jobs to this world leader, it's a solid sign why Missouri is a great place to do business."
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