Monday, July 28, 2014

New Jersey tech firm moves headquarters to Allen

CVE occupies 40 percent of the
 building at 915 Enterprise Boulevard. 

A New Jersey tech firm has moved its headquarters to Allen where it plans to employ 1,200 people.

CVE Technology Group Inc., an after-market service provider for cellular handsets and consumer electronics, moved from Riverdale, N.J., to Enterprise Business Park in Allen.

The company now has about 300 workers occupying 40 percent of the building at 915 Enterprise Boulevard. The 196,000-square-foot building is being used or offices and as a service center.

The Allen Economic Development Corp. says CVE plans to have 600 workers in the facility by the end of this year and 1,200 by the end of 2015.

“We relocated the headquarters here because the Metroplex is the epicenter of cell phone growth and activity,” CVE Vice President Ruben Alvarado said in a statement. “All of the top carriers along with all of the top OEMs are here in the D-FW Metroplex.”

CVE also has a national receiving center in Plano, and service centers in Fort Worth and Riverdale.

“At full employment, CVE is expected to rank among our largest employers in Allen,” said Allen Economic Development CEO Dan Bowman.

Steve Brown- Dallas News