SMITHFIELD, R.I. — Fidelity Investments, the 35,000-employee mutual fund giant that actively manages $900 billion in assets, is looking to expand further in the state.
According to spokesman Vin Laporchio, the company has leased office space a mile from its Smithfield campus, resulting in a net gain of up to 350 jobs over time.
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Fidelity currently employs some 1,600 workers at its facilities on Route 7, across from Bryant College. The company, which completed its first building here in 1998, recently completed a second building.
Fidelity has signed a long-term lease for two stories of the privately owned, three-story Smithfield Office Center, near Rtes. 7 and 295, Laporchio told PBN.com.
Fidelity is still not certain of what type of jobs will be created at the new facility, or when people will begin occupying the new facility, Laporchio said.
