Solera Holdings Inc., a company which processes car insurance claims, will move its corporate headquarters from San Diego to North Texas by the end of August, and the Dallas Morning News reports Las Colinas is one of two preferred locations for the relocation.
The company cites access to a broader labor recruitment pool, cost efficiencies, central time zone, improved mobility and access to their key markets and to main transportation arteries as reasons for the move.
The company believes it can increase its revenue from $557.7 million in revenue to $1 billion by 2014 with the move to Texas.
According to the company's website, Solera Holdings, Inc. is a global automotive claims solutions provider focused on innovation and improvement for the vehicle claims processing industry, including insurers, repair collision facilities, and automotive parts recyclers.
Solera Holdings, Inc. traces their history back to 1966.
