Portfolio Recovery Associates to Expand Alabama Call Center

http://www.insidearm.com/news/00038756-portfolio-recovery-associates-to-expand-a/

Debt buyer Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) will be expanding its office in Birmingham, Ala. after local officials voted to give the ARM company job creation incentives, according to the Birmingham Business Journal.

PRA will be leasing a new floor in its current building for expansion. The Birmingham City Council had recently voted to give the company some $200,000 in incentives to do so.

The company currently has some 270 employees in the city. PRA gained a foothold in Birmingham in 2005 through the acquisition of AlaTax/RDS, an ARM company focusing on municipal government services. There was no word on how many additional workers will be added in the expansion.