Buffett, Geico to announce 500 jobs at new KC office

Warren Buffett, the billionaire chairman of Berkshire Hathaway, is scheduled to be in the Kansas City area on Tuesday to announce the opening of a Geico insurance service center expected to create 500 jobs over the next five years.

It will mark the largest job creation announcement by a company new to the Kansas City area in at least a year, according to Tim Cowden, president and CEO of the Kansas City Area Development Council.

Geico is owned by Berkshire Hathaway, the Omaha-based holding company run by Buffett.

The insurer plans to start hiring customer service and sales employees immediately for the facility in Lenexa, Kansas. The company invested at least $10 million in the 55,000-square-foot facility, according to a press release.

Read more: Kansas City Star

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