GEICO is bringing 1,000 new jobs to Katy over the next three years.

Gov. Rick Perry and GEICO chairman and CEO Tony Nicely announced Monday that the company will be expanding its operations in the Houston area.

Katy will also get a boost as the company announced it plans to spend $8.5 million in capital investment.

"Whenever we hear about a major employer expanding or relocating to Texas, it affirms what we've been telling people all these years," Gov. Perry said Monday. "When you create a place that rewards innovation and hard work and frees people to do best in pursuit of their dreams, good things happen. Like many cutting-edge companies, GEICO knows that Texas is a great destination for innovative companies looking to excel."

"We're excited about expanding our claims operations with our new Katy office," Nicely said. "We know from the experience we've already had in Houston that it's a great environment for business; the workforce is excellent, and the quality of life is outstanding. We look forward to bringing more wonderful career opportunities to the people of the Greater Houston area."