Atlanta's Largest Corporate Convention Returns
35,000 Expected at 2013 Primerica Meeting
ATLANTA--(BUSINESS WIRE)-- The city's largest corporate meeting will return to Atlanta in June, bringing 35,000 attendees and an economic impact of more than $25 million to Atlanta. Primerica will host its biennial summer convention at the Georgia World Congress Center (GWCC) and the Georgia Dome, June 13-15.
"Primerica is one of the largest conventions in the country and a strong economic driver for our city," said William Pate, ACVB president and CEO. "The Primerica convention is a great example of a local corporation that not only supports our local economy but provides an additional boost by hosting their international meeting here."
Primerica celebrated a major milestone in 2013 with the recent move into their new international headquarters in Duluth, Georgia. With a total of 365,000 square feet, it is the largest office in Gwinnett County, housing 1,600 Primerica employees. Representatives from across North America will have an opportunity to tour their brand new facilities for the first time at the convention.
John Addison, Chairman of Primerica Distribution and Co-Chief Executive Officer, said, "This has been an historic year for our company, as we moved into our new state of the art International Headquarters and hosted a ribbon cutting ceremony including attendance by hundreds of representatives, employees, government officials, and featured Georgia Governor Nathan Deal and our founder, Art Williams as our keynote speakers. We had a strong first quarter with revenues of $308.4 million and net income of $38.8 million. Through May, we have continued our momentum, with strong representative recruiting growth, up 8% over last May, our best May ever in Investment and Savings sales and we feel very positive that our convention will spark momentum in our business."
"Primerica, Inc., headquartered in Duluth, GA, is a leading distributor of financial products to middle income households in North America. Primerica representatives educate their Main Street clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. In addition, Primerica provides an entrepreneurial full or part-time business opportunity for individuals seeking to earn income by distributing the company's financial products. We insured more than 4.3 million lives and approximately 1.9 million clients maintained investment accounts with us at December 31, 2012. Primerica stock is included in the S&P MidCap 400 and the Russell 2000 stock indices and is traded on The New York Stock Exchange under the symbol "PRI".
Celebrating 100 years of hospitality, Atlanta Convention & Visitors Bureau is a private, nonprofit organization created to favorably impact the Atlanta economy through conventions and tourism.
PrimericaMark Supic, 770-597-6840
ACVB Public Relations
Lauren Jarrell, 404-521-6649
Rachel Peavy, 404-521-6645
Ashley O'Dell, 404-521-6632
Victoria Lightfoot, 404-521-6398
KEYWORDS: United States North America Georgia
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