U.S. audit, tax, and advisory firm KPMG LLP will invest more than $30 million to expand its operations in Fairfax County, VA. The company also considered Washington, DC for the project, which will create more than 500 new jobs, before choosing to expand in Virginia.
“We’re committed to Fairfax County and are excited about the growth that we’re seeing here in world-class innovation and leading-edge technology—two areas that align with our own core services and strategic approach,” said Jerry Carlson, who oversees KPMG professionals in the Washington Metro area, including the firm’s offices in both Tysons Corner as well as Washington, DC.
The Virginia Economic Development Partnership worked with Fairfax County to secure the investment for Virginia. Governor Ralph Northam approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist Fairfax County with the project. The company will also be eligible to receive the Major Business Facility Job Tax Credit for new full-time jobs created. Funding and services to support the company’s employee retraining activities will be provided through the Virginia Jobs Investment Program.
“With nearly 2,000 employees across Fairfax County, KPMG is an invaluable contributor to the regional economy, and we are honored that a corporate services provider of this caliber has chosen to grow in Virginia,” said Gov. Northam. “This major expansion reinforces the company’s commitment to the Commonwealth and to Northern Virginia’s dependable talent pipeline. We thank KPMG for creating over 500 new, high-quality jobs and look forward to its continued success in Fairfax County.”
KPMG is one of the world’s leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world’s largest and most prestigious organizations. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative (KPMG International). KPMG International’s independent member firms have 197,000 professionals working in 154 countries.
“KMPG is a global company with an impressive reputation for excellence, and its decision to reinvest in Virginia is a testament to the unparalleled assets that Fairfax County has to offer,” said Secretary of Commerce and Trade Brian Ball. “With its high quality of life for employees and accessibility to strategic markets, Northern Virginia is a hub for businesses in the corporate services industry and the ideal location for KPMG’s latest expansion.”
“KPMG has been a major employer and corporate citizen in Fairfax County for years, and we are delighted to see that the company has chosen the county as a base to expand its audit, tax and advisory business significantly,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority. “This coincides with the continued growth and diversification of the county economy and the increasing realization that this is a great draw for the workforce the company wants to attract and retain.”
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