Peak Performance, a provider of insurance technology solutions and services for the property/casualty industry, announced the company will move its headquarters to a facility in Ohio from its present location in Hoboken, N.J. The New Jersey location will remain as a regional office. The Ohio facility is located in Orient, a suburb of Columbus. Peak's future plans for the facility include the opening of a new data center early in the second quarter of 2006.
Over the past year, Peak has executed a series of strategic acquisitions. These acquisitions, along with plans for future growth, created a need for the expansion of Peak's business operations. By relocating to Ohio, Peak will benefit from the state's commitment to economic development through support for business expansion, including informational and technical assistance and financial incentives such as tax credits, loans, guarantees, and grants.
While announcing the move, Steven Isaac, CEO of Peak Performance, says, "We are pleased to be relocating our headquarters to Ohio. We need to scale our business operations to support our planned growth, and the resources and cooperation offered by the [state] enable us to accelerate our plans while tightly managing the cost of expansion, giving Peak a competitive edge."
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