New data center due to open in Stockton
San Mateo-based Franklin Templeton Investments plans to open a 25,000-square-foot data/operations center in Stockton.
Initially, the center at Massie Industrial Park south of downtown Stockton will employ six, but it has capacity for 150, according to Mike Locke, president and CEO of the San Joaquin Partnership.
The partnership, a nonprofit private sector economic development corporation, helped Franklin Templeton secure the on-site building.
Franklin currently operates an office in Rancho Cordova.
“This is an important operations facility for the company thanks to its location between our campuses in San Mateo and Rancho Cordova,” said Mike McCulloch, vice president of general services for Franklin.
While routinely using the Franklin Templeton name, the formal name of the San Mateo company is Franklin Resources Inc. It employes nearly 8,000 worldwide.