As the El Paso market gets ready to welcome another major corporation, city officials are proposing an aggressive tax break program they say is needed to compete in the battle to attract new business. The latest player is Providian Financial Corporation, the country's fifth largest issuer of bank credit cards. Providian is leasing an old Levi Strauss plant, plans to hire as many as 1,200 employees, and will operate a state of the art customer service center.
Officials say that encourages a company to make a enduring commitment to the community.
ADC is an industry leader in broadband communications, as well as in corporate philanthropy, donating millions of dollars to local charities each year. Providian also prides itself on a strong civic streak. Our philosophy is that our employees need to be able to balance their lives, between work and taking care of their families. We think it's the right thing to do to assist in that area. By the time Providian's El Paso operation opens early next year, Elias expects the company will have teamed up with a local childcare organization.