Business Services Industry

Credit Card Issuer Advanta Corp. May Open Center in Colorado Springs.(Originated from Gazette Telegraph, Colorado Springs, Colo.)

Knight Ridder/Tribune Business News, June, 1996 by Heilman, Wayne

COLORADO SPRINGS, Colo.--Jun. 19--One of the nation's fastest-growing credit card companies is negotiating for space to house what could be a 1,000-employee customer service and collections center in Colorado Springs.

Advanta Corp., the nation's ninth-largest issuer of MasterCard and Visa cards, is negotiating to lease Digital Equipment Corp.'s former manufacturing plant at 301 S. Rockrimmon Blvd., said Phyllis Hoffman, a spokeswoman at the company's Philadelphia area headquarters. The center would initially employ 150 but the company plans to expand it to 1,000 employees within four years, she said.

"Colorado Springs is the preferred site," Hoffman said. "We have been impressed with the labor pool in Colorado Springs, but it is not certain that we will be...

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