Enhanced Recovery Corp. (ERC), a national debt collections service provider, will invest $5.5 million renovating an existing facility for its use in Waycross, Ga.

The call center, which will be operational during the first quarter of 2008, will provide collection services for customers in the credit card, telecom, retail and other markets. The company plans to hire 150 workers during its first year of operation, and another 150 during the second year.

ERC will purchase and occupy 35,000 square feet of the former Winn Dixie building in Waycross to support its expansion. The company chose to locate its third call center in Georgia after also considering a potential site in Florida.

“Expanding our business into Waycross, Georgia assists our company greatly in meeting our growth objectives,” said Mark Thompson, CEO of ERC. “We are very grateful for all of the efforts and assistance provided to us by the Okefenokee Area Development Authority as well as the Georgia Department of Economic Development. We’ve been made to feel very much at home in Waycross and are anxious to get started.”

Enhanced Recovery Corp., based in Jacksonville, Fla., is a privately-held company founded in 1999. It is nationally licensed and bonded in all 50 states. The company currently has approximately 500 employees in two call centers located in Jacksonville and in the Caribbean.

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