EquipmentShare, a company providing digital solutions for construction, announced it is expanding in Columbia, MO. The company’s new location will serve as its corporate headquarters and represents an investment of nearly $100 million and the addition of 555 jobs.

“EquipmentShare’s new headquarters is a major development for Columbia and great news for our state,” said Governor Mike Parson. “This innovative company is creating jobs, investing in its community, and having a nationwide impact. We’re proud to see EquipmentShare expanding and look forward to its continued success here in Central Missouri.”

EquipmentShare helps contractors work smarter through solutions to optimize job sites, including web applications, tracking hardware, machinery rental, and more. Founded in Columbia less than 10 years ago, EquipmentShare now has more than 3,600 employees. The company’s new headquarters will consist of a flagship office building, a research and development center, and additional space for offices and retail. EquipmentShare’s expansion will retain current employees while creating hundreds of new positions. Jobs added will pay salaries well above the county average.

“We look forward to continuing to expand our company here in Columbia, Missouri,” said Jabbok Schlacks, CEO and co-founder of EquipmentShare. “When you’re able to start something really special in your hometown, you want it to grow there. We started with five people and we’ve grown to more than 3,600. We appreciate the Midwest work ethic – that drive and grit you don’t see in a lot of places. We want to work with great people. The EquipmentShare campus is something everyone in this state can be proud of. Community matters. Investing in our people matters. We’re grateful our story will continue to grow with Columbia at its center.”

“With a strong workforce and competitive business advantages, our state has what companies need to thrive,” said Maggie Kost, Acting Director of the Department of Economic Development. “We’re grateful for EquipmentShare’s expansion, assistance from our partners, and the opportunities this project will create for Missourians.”

"We are thrilled that EquipmentShare, a company that started here in 2014, has made the decision to expand their headquarters,” said Stacey Button, President of Regional Economic Development, Inc. “This expansion further demonstrates that Columbia is a great place for businesses to invest, expand and grow.”