Aflac Announces Phase One of Major Expansion Project
November 15 2005 - 4:00PM
PR Newswire (US)
COLUMBUS, Ga., Nov. 15 /PRNewswire/ -- In one of the most
significant expansions in its 50-year history, Aflac today
announced a multi-year building project and unveiled plans for an
initial 90,000-square-foot expansion. Once all phases of the
expansion are complete, Aflac will have built 340,000 square feet
of additional office space to accommodate 2,000 new employees in
the next five to seven years. The $100 million project is currently
the largest in the state of Georgia. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO) Governor
Sonny Perdue and Columbus Mayor Bob Poydasheff joined Aflac
Chairman and CEO Dan Amos for the announcement and groundbreaking
ceremony. The first building project will add 90,000 square feet to
the existing Paul S. Amos Campus located in Columbus, Ga., and is
slated for completion in 2007. The expansion will house the
company's customer service administrative business units. "I am
excited about Aflac's growth opportunities for the next several
years and it is my goal to see the company double in size over the
next five to six years," said Amos. "We are grateful to Governor
Perdue, along with other state and local development officials, for
making it possible for Aflac to continue to grow its business in
Columbus, Ga." The new construction will mark Aflac's third major
expansion project within seven years. In 1998, Aflac opened the
doors to its Computer Service Center housing 600 employees. In
2001, the company opened its Paul S. Amos Campus at Corporate Ridge
in Columbus, a 104-acre development housing the company's claim
processing and Call Center operations. Both facilities were
constructed to accommodate Aflac's strong sales growth. Over the
past five years, Aflac's U.S. sales growth has compounded at 16.4
percent annually. "Aflac is one of Georgia's top companies and most
recognizable names," said Governor Sonny Perdue. "Aflac's decision
to grow here in Georgia is a testament to our strong business
climate and our commitment to keep and expand existing industries."
For 50 years, Aflac products have given policyholders the
opportunity to direct cash where it is needed most when a
life-interrupting medical event causes financial challenges. Aflac
is the number one provider of guaranteed- renewable insurance in
the United States and the number one insurance company in terms of
individual insurance policies in force in Japan. Aflac's insurance
products provide protection to more than 40 million people
worldwide. Aflac has been included in both in Fortune magazine's
listing of America's Most Admired Companies and Forbes magazine's
Platinum 400 List of America's Best Big Companies for five
consecutive years. In January 2005, Aflac was included in Fortune
magazine's list of the 100 Best Companies to Work For in America
for the seventh consecutive year. Aflac was also included in
Fortune magazine's list of the Top 50 Employers for Minorities in
August 2005, and in September 2005, Aflac Japan was named the Life
Insurance Company of the Year at the Asia Insurance Industry
Awards, sponsored by the Asia Insurance Review. Aflac Incorporated
is a Fortune 500 company listed on the New York Stock Exchange
under the symbol AFL. To find out more about Aflac, visit
aflac.com. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO ) Media
Contacts: Mechell Clark Yolonda King Aflac Incorporated Aflac
Incorporated (706) 243-8004 Voice (706) 243-8547 Voice (706)
320-2288 Fax (706) 320-2288 Fax
http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO
http://photoarchive.ap.org/ DATASOURCE: Aflac Incorporated CONTACT:
Mechell Clark, +1-706-243-8004, or fax, +1-706-320-2288, or , or
Yolonda King, +1-706-243-8547, or fax, +1-706-320-2288, or , both
of Aflac Incorporated Web site: http://www.aflac.com/
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