Grant Thornton LLP announced Thursday it will invest $15.75 million to consolidate its Northern Virginia offices to Arlington County. The move will retain 994 jobs and create 348 jobs.
The Chicago-based accounting and advisory firm currently has offices in Alexandria and McLean. According to a news release issued by Gov. Terry McAuliffe’s office, Virginia competed against Washington, D.C. for the project.
McAuliffe approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist Arlington County with the project.
The company also will be eligible to receive a Major Business Facility Job Tax Credit.