Ernst & Young to invest $12 million in Virginia expansionStaff writer ▼ | July 30, 2015
Ernst & Young (EY) will invest approximately $12 million to expand its operations in Fairfax County, Virginia.
Virginia Governor Terry McAuliffe approved a $1.3 million to EY
Virginia successfully competed against Maryland and Washington, D.C. for the project, which will create 462 new jobs paying above the prevailing average wage.
The Virginia Economic Development Partnership (VEDP) worked with the Fairfax County Economic Development Authority (EDA) to secure the project for Virginia. Governor Terry McAuliffe approved a $1.3 million grant from the Commonwealth’s Opportunity Fund to assist Fairfax County with the project.
Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program, administered by VEDP. ■