EisnerAmper Gets Millions To Keep Jobs In N.J.

New York-based EisnerAmper (FY11 net revenue of $254.6 million) received nearly $3 million to move their office under a state program designed to keep jobs in New Jersey.

The firm is moving from Edison, N.J., to the Iselin area of Woodbridge, which is considered a distressed urban site, and plans to create 100 new jobs. The state Economic Development Authority awarded the firm about $1.8 million in grant money and $1.2 million in tax credits as an incentive to keep employees in New Jersey, as the firm was considered at risk of leaving the state. The firm has four New Jersey locations.

“The staff decides what’s at risk and what’s not,” Hollie Gilroy, spokeswoman for the authority, told WoodbridgePatch.com. “A great deal of staff work goes into it, looking at the request and determining a whole host of things.”

The firm estimated expansion and relocation costs at $8.7 million. The firm application said leases on its New Jersey locations will be up in two years, at which time the firm could consolidate offices or move out of state.