Downtown Cincinnati’s Advantage IQ, a utility, waste and lease management expense service provider, has expanded its offices to 23,000 sq. ft. at The Center at 600 Vine St.
The company, a regional office of the Washington-state based HQ, also plans to hire 32 employees over the next three years.
The expansion follows job creation tax credits the company received from the City of Cincinnati and the Ohio Department of Development. The company has been in downtown Cincinnati since 1997, and once all the new hires are brought on, the staff will have grown about 40 percent to nearly 100 employees, said Jeff Hart, the company’s chief operating officer.
“We’ve built out the cubes, and we’re hiring,” Hart said.
Advantage IQ specializes in outsource bill payment, auditing, reporting and consulting for multi-state companies. The company offers management services in energy, telecom, lease and waste management services with the goal of helping companies save costs and conserve energy. The new jobs will be in IT, consulting and financial planning, among others.
Advantage IQ’s growth has come from increased customer demand for its services, Hart said.
“We been offering a lot more services, and have been experiencing organic growth,” he said.
Writer: Feoshia Henderson
Sources: Jeff Hart, Chief Operating Officer and Cincinnati Economic Development Division