TD Ameritrade to invest $5.75 million, create 75 jobs in Ann Arbor

LANSING — ThinkTech Inc., a technology subsidiary of TD Ameritrade Holding  Corp. (NASDAQ: AMTD), is expanding in Ann Arbor with support from the Michigan Strategic Fund and Ann Arbor Spark, the Michigan Economic development Corp. said.

ThinkTech, based in Omaha, Neb., is growing the technology infrastructure behind its business and will open a new high-tech financial sevices operation to develop stock trading software in Ann Arbor. The office will occupy the McKinley Towne Centre in a space formerly occupied by Google, which is moving to a new location in Ann Arbor. The project will generate up to $5.75 million in total capital investment and create 75 new jobs, resulting in a $500,000 Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in New Jersey, Nebraska and Illinois.

Ann Arbor Spark, which has provided assistance to the company since it began to expand in this region in 2014, is currently helping the company recruit new hires.

For more on the MEDC and its initiatives, visit michiganbusiness.org. For Michigan travel news, updates and information, visit michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 104,000 jobs are currently available in a variety of industries.

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