MutualFundWire.com: Capital Group Plots Chesapeake Expansion
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Tuesday, May 8, 2007

Capital Group Plots Chesapeake Expansion


Capital Group, adviser to the American Funds, has found that the Chesapeake area has many skilled mutual fund workers. The Virginian-Pilot reports that Cap Group likes the area so much they decided to open another office in the area. The company will spend about $12 million on its new office and will hire about 250 workers for the new facility by 2010.


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