Mining tech company moving N. American headquarters to Tucson - Tucson News Now

Mining tech company moving N. American headquarters to Tucson

(Source: Rio Nuevo) (Source: Rio Nuevo)
TUCSON, AZ (Tucson News Now) -

A Swedish mining technology company will move its North American headquarters to Tucson, according to a news release from Rio Nuevo.

The release said Hexagon Mining will move into the City Park project at 40 E. Congress Street.

The company employs about 580 people worldwide. Rio Nuevo said 260 employees will be headquartered at the Tucson location.

Hexagon Mining President Hélio Samora said in the release, "Our new downtown Tucson location and image is highly attractive for millennial talent from universities and abroad. We plan to benefit the entire Tucson region by hosting clients for training, sales presentations and events."

The Rio Nuevo Board of Directors voted unanimously last week to contribute $1.289 million to an incentives package, which will help fund off-site parking for Hexagon and defray the company's first year of rent.

"The economic impact of this move for Tucson is $250 million," Rio Nuevo Chairman Fletcher McCusker said in the release.

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