Avis Budget Group Announces Plans to Expand in Virginia Beach by 25 Positions

Tuesday, June 18, 2013

Avis Budget Group today announced that as part of its ongoing strategic effort to drive efficiency, the company will relocate 17 positions from its headquarters in Parsippany, N.J. and create eight new positions to be based in Avis Budget Group’s Shared Services Center in Virginia Beach, Va. 

The jobs involved include senior level insurance, vehicle damage claims and accounting positions. Staff currently occupying these positions will be given the opportunity to relocate, and the 25 positions have an annual average salary of $54,900.

The Virginia Beach Development Authority has awarded Avis Budget Group an Economic Development Investment Program grant in the amount of $50,000 based upon these plans to expand its Virginia Beach workforce.

“Avis Budget Group has had a longstanding business partnership with the City of Virginia Beach,” said Larry Weinstein, vice president shared services, Avis Budget Group.  “This area has an abundance of highly skilled individuals and offers an outstanding quality of life balance. We are pleased that we can continue to grow our Virginia Beach operations.”

Located at 300 Centre Pointe Drive, Avis Budget Group has operated its national car and truck rental shared services center in Virginia Beach since 1995.

Avis Budget Group has been a valued corporate citizen in Virginia Beach for nearly two decades,” said Warren Harris, director of Virginia Beach Economic Development.  “We are thrilled that the company is continuing to add personnel to the national shared services operation and is continuing to grow and expand its corporate brand.”

The mission of the Virginia Beach Department of Economic Development is to attract and retain national and international business and industry that results in the creation of new capital investment and jobs that increase the per capita income in the community. The City of Virginia Beach is the most populous city in the Commonwealth of Virginia with a population of 437,000 and is the 39th largest city in the United States. The City of Virginia Beach is recognized as the best run city in America, by 24/7 Wall Street in 2012, and in 2011, Virginia Beach ranked number one for economic growth potential by Business Facilities. In 2012, the Department of Economic Development received re-accreditation through the International Economic Development Council, one of only 29 economic development organizations in the world to have this recognition. In 2011, the Department won an Award of Excellence for its marketing efforts from the International Economic Development Council. For more information, visit www.yesvirginiabeach.com.