Richardson, Texas — According to state and local development sources, State Farm plans to invest $6,000,000.00 to build out 79,735 square feet of new space in Richardson. The company plans to occupy the new space at 1201 State Street in Richardson, on or about June 1, 2025. According to the company website At State Farm, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. We are passionate and driven to create possibilities, and were serious about helping customers by providing solutions for all of lifes moments. Our vision for the future is to be the customer’s first and best choice in the products and services we provide. We will continue to be the leader in the insurance industry and we will become a leader in the financial services arena. Our customers’ needs will determine our path. Our values will guide us. We are people who make it our business to be like a good neighbor; who built a premier Company by selling and keeping promises through our marketing partnership; who bring diverse talents and experiences to our work of serving the State Farm customer. Our success is built on a foundation of shared values quality service and relationships, integrity and financial strength.

To learn more about State Farm, visit http://www.statefarm.com/

Company Contact:
Michael Tipsord, Chief Executive Officer
800-782-8332

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