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Educational research, technology, marketing and enrollment solutions firm EAB will expand from two existing Henrico locations to one new spot in the county, investing at least $6 million and adding 206 jobs in the process, company and state officials announced Tuesday.

The firm currently occupies two locations on East Parham Road but will consolidate those spots into a 70,000-square-foot space at the SunTrust Building on West Broad Street. Virginia successfully competed with other existing EAB locations nationwide for the project.

“EAB has been a committed business partner in Virginia for more than 30 years, and we are thrilled to see its continued expansion and investment in Henrico County,” said Virginia Governor glenn Youngkin. “The firm’s success reinforces the importance of attracting and retaining a skilled workforce that is helping fulfill EAB’s mission to improve education and communities across the country.”

EAB, based in Washington, D.C., works with more than 2,500 institutions to drive change through data-driven insights. The company works with education from kindergarten to college and career, working to drive results in five major areas: enrollment, student success, institutional strategy, data analytics, and diversity, equity, and inclusion. EAB tailors its portfolio of services to the needs of its clients and the students and employees they serve. The company has had a presence in Henrico for more than 30 years and also has offices in Birmingham, Alabama, and Minneapolis, Minnesota.

“EAB is deeply committed to the Richmond area, and we believe our long-term investment will serve Henrico County, the greater Richmond community, and our growing employee base for many years to come,” said EAB President of Marketing and Enrollment Solutions Chris Marett. “We are proud to have been recognized as one of the top workplaces in Richmond for each of the past six years, and providing a more flexible, hybrid workspace will strengthen our ability to attract and retain the local talent we need to continue helping our partner institutions meet the complex challenges facing the education sector.”

The Virginia Economic Development Partnership worked with the Henrico Economic Development Authority and the Greater Richmond Partnership to secure the project. Youngkin approved a $741,600 grant from the Commonwealth’s Opportunity Fund to assist Henrico County with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

“EAB is a valuable employer in the Commonwealth, and we are pleased to support its growth and creation of 206 new jobs in Henrico County,” said Secretary of Commerce and Trade Caren Merrick. “The Greater Richmond region’s combination of world-class talent, stable business climate, competitive operating costs, and livability provides an ideal location for EAB to thrive, and we look forward to a continuing partnership.”

“We’re thrilled that EAB is expanding their operations in Henrico County and relocating to a new office space,” said Jennifer Wakefield, President and CEO of the Greater Richmond Partnership. “Technology companies like EAB and other office users find Henrico County and Greater Richmond to be the perfect mix of low business costs yet high quality of life for their employees.”