[HIB]IBM subsidiary to create 600 RTP jobs

IBM Lender Business Process Services Inc., a wholly owned subsidiary of IBM, will hire 600 employees and invest $3.7 million to open a service center in Research Triangle Park, Gov. Beverly Perdue announced Thursday.The state Economic Investment Committee on Thursday approved a Job Development Investment Grant that could be worth as much as $7.79 million over 10 years to IBM LBPS if the company meets job goals.The new facility will be built on the Durham County side of RTP, but further details were not immediately available. IBM (NYSE: IBM) already is one of the largest employers in the Raleigh-Durham area, with a work force of about 10,000 on its campus in the Durham County portion of RTP.

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