New Jersey Brings Back Key Incentive Program

New Jersey Gov. James McGreevey has signed into law an ambitious, subsidy-rich job-generation program. With the nearly departed Business Employment Incentive Program (BEIP) as its centerpiece, New Jersey's new blueprint aims to add 200,000 jobs over the next five years, with 500 expanding or relocating firms generating US$6 billion in new public and private investment. Back in March, the program was headed out the door. With the economy improving and competition from surrounding states intensifying, the program has been resurrected.

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