SIGN-UP: Get breaking news sent to you
Officials from the company joined Mayor Gavin Newsom at City Hall for the announcement.
They first met in Shanghai last year on a trip to bolster San Francisco's economic ties with Asia.
"We were looking for a place that could serve our Asian business and strong, emerging business presence in Latin America, that was important to us," SPIRM spokesperson Michael Shleifer said.
Today's latest headlines | ABC7 News on your phone
Follow us on Twitter | Fan us on Facebook | Get our free widget