CISCO EXPANDS RTP OPERATION
Cisco Growth Continues. The company is upfitting their last unoccupied building in Research Triangle Park. The price tag for this expansion is $23 million. During the last three years the company has added nearly 1,200 employees which brings their total in the Park to to 4,500. Of these about 80 percent are full-time employees while the other 20 percent are contract workers.
Oppenheimer & Co. says that of all the network equipment makers Cisco is in the best operating position at the present time. They are realizing growth through increasing sales and acquisitions all around the world. They are planning a campus in Bangalore, India that will employ 10,000 people and cost a tidy $1.1 billion.
John Fish (919) 696-3474 Email: Marvmax@mindspring.com Website: www.JohnFish.com
