The state announces an expansion to add 100 jobs to a Sherwood company that provides billing services for fitness clubs.
ABC Financial Services Inc., a billing management company focused primarily on the health and fitness industry, today announced plans to expand its Sherwood facility, hiring 100 new employees. The additional jobs will take total employment at ABC’s Sherwood facility, which serves as the company’s corporate headquarters, to approximately 400 people.
ABC Financial was founded in Arkansas 30 years ago by Jim Bottin, who remains CEO. Bottin created ABC to fill the billing and software needs of his own fitness chain.
“ABC is excited and proud to announce its continued growth in the Sherwood area,” said Paul Schaller, president of ABC Financial. “We are thrilled to provide increased employment opportunities in Arkansas while we expand our presence in the health club and billing industry.”
ABC currently serves more than 3,000 health and fitness clubs throughout the country.
“This is a home-grown company that is choosing to grow and create new opportunities in Arkansas,” said Maria Haley, executive director of the Arkansas Economic Development Commission. “We appreciate ABC’s commitment to doing business here and look forward to the company’s continued success.”
“ABC Financial’s decision to expand and create 100 new jobs here has Sherwood excited about our economic future and the opportunities that will be created for our citizens,” said Sherwood Mayor Virginia Hillman. “As ABC already knows, Sherwood has a very strong workforce that will be a great fit for these new positions. Thanks to the Metro Little Rock Alliance and Arkansas Economic Development Commission for their help on making this project a reality.”