The Lubbock Economic Development Alliance (LEDA) announced the creation of 324 new jobs and $1.1 million in capital investment on Wednesday.

According to an LEDA news release, VXI Global Solutions will add 300 new jobs to the community and FAST Inc. will add 24 new jobs in the IT sector as well as $1.1 million in capital investment.

VXI Global Solutions designs and supports customer engagement platforms. FAST Inc. (Fund Accounting Solution Technologies) creates cloud-based solutions for local governments.

Christopher Fisher, site director for VXI Global Solutions, said "At VXI Global Solutions, we want our employees working to live not living to work. [...] Lubbock allows us to create that atmosphere in the office and provide our employees with a great quality of life.”

Brian Cook, CEO for FAST Inc. said "With Texas Tech, Lubbock Christian, South Plains, Wayland Baptist and West Texas A&M, this area offers a great feeder system of qualified developers and support team members for FAST.”