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New Jersey Remains Competitive In Attracting And Retaining Businesses

Thursday, March 3rd, 2011


Trenton, NJ – Governor Chris Christie continued his commitment to making New Jersey a home for economic growth and job creation by signing Senate Bill No. 2370, revising the State’s Business Retention and Relocation Assistance Grant (BRRAG) program. Administered by the Economic Development Authority (EDA), the BRRAG program has helped businesses preserve jobs, expand operations, and reinvest in the State through the award of corporation business tax credits. In July 2010, Governor Christie visited Honeywell International Inc. in Morris Township to announce the Administration’s efforts to strengthen our State’s business incentive offerings, including proposing the legislation that Governor Christie now signed.