Business & Tech
Arlington Will Get Hundreds of New Jobs Thanks to Massive Investment
Virginia Gov. Terry McAuliffe announced that Grant Thornton LLP will be making a $15.75 million investment in the county.
Arlington County has attracted a $15.75 million investment from professional services firm Grant Thornton LLP, meaning 348 new jobs are coming to the county.
Virginia Gov. Terry McAuliffe announced that Grant Thornton would be making the investment to consolidate offices and grow its presence across Northern Virginia. Arlington beat out a bid from Washington, D.C. for the project, meaning the area will retain 994 jobs and get 348 new ones, according to a statement from the governor.
"Retaining Grant Thornton in Virginia is a big win for the Commonwealth, as we continue to make Virginia the best place in the country for business and workforce development," said McAuliffe. "The firm's consolidation is a great testament to the business advantages of Arlington County and we are excited to announce that this project is, not only retaining nearly 1,000 jobs in Virginia, but also creating 348 additional jobs. I am pleased with our success and will continue to work with industry leaders to ensure the new Virginia economy is innovative, diverse, and competitive in the global marketplace."
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McAuliffe approved a $1 million grand from the Commonwealth's Opportunity Fund to help Arlington win the project. Grant Thornton will also be eligible for a Major Business Facility Job Tax Credit.
Libby Garvey, who just won her primary for reelection as chair of the Arlington County Board, hailed the investment in the statement.
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"Grant Thornton is a well-established company with clients around the globe, and we could not be happier to welcome them to Arlington," Garvey said. "The company's expansion in Arlington County will bring significant job growth here, and we are confident Grant Thornton will find the workforce, resources and support it needs to ensure its success."
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