CVE HQ calls home to Allen's Enterprise Business ParkCVE HQ calls home to Allen's Enterprise Business Parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=11962015-04-24T06:51:00Z2015-04-24T09:00:00Z

ALLEN - CVE Technology Group, Inc., one of the fastest-growing high-tech after-market service providers for cellular handsets and consumer electronics, has relocated its headquarters from Riverdale, New Jersey to Enterprise Business Park in Allen.

According to CVE officials, 300 employees currently occupy about 40 percent of the 196,000-sf flex-space facility at 915 Enterprise Blvd., which also serves as a service center.

The company is averaging 20 new hires weekly in response to new and expanded contracts with cell phone carriers.

At the Allen location, CVE expects to employ 1,200 by the end of 2015.

“We relocated the headquarters here because the Metroplex is the epicenter of cell phone growth and activity,” said CVE Vice President Ruben Alvarado.

“All of the top carriers along with all of the top OEMs are here in the DFW Metroplex. Even if their headquarters are located elsewhere, their hubs and inventory most definitely are here,” Alvarado said.

Although CVE maintains a national receiving center in Plano and service centers in Fort Worth and New Jersey, Alvarado said the key factor in site selection was Allen’s competitive lease rates for spaces that were ready to move in immediately.

Allen’s Enterprise Business Park afforded less than 30-minute commutes to DFW International Airport and Dallas Love Field, and many dining and retail options within minutes at the nearby Watters Creek and Village at Allen centers.

Enterprise Business Park has attracted several large employers in addition to CVE, including Experian Information Solutions, Frontier Communications and Jack Henry & Associates. Combined, the four companies currently employ over 2,500 people.

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