Sep 29th 2010 – Atlantic Coast Media Group, which makes nutraceutical and cosmeceutical products ranging from skin creams to sexual enhancement products, cut the ceremonial ribbon last night on its new headquarters at 499 Washington Boulevard in Jersey City (it made the move from Hoboken to Jersey City in February).
The company says it was convinced to stay in the Garden State due to New Jersey’s Business Employment Incentive Program (BEIP), in which the New Jersey Economic Development Authority offers income tax breaks to companies that create or retain jobs. The program is part of the toolkit the state uses to lure companies from other states, or keep ones who may leave.
“We have been fortunate to grow through these tough economic times and our hiring of 153 New Jersey employees is a direct result of the state’s assistance,” Atlantic Coast Media Group co-founder Andrew Surwilo said. “While others look to outsource overseas, we believe that the best talent is sourced from our local communities.” He said the company plans on hiring at least 140 more employees as a result of the BEIP grant; they currently have 340 workers.
Among the local officials in attendance last night were Sen. Sandra Cunningham; Assembly members Ruben Ramos, Charles Mainor, Caridad Rodriguez; Downtown councilman Steven Fulop and Mayor Jerramiah Healy.
“We are pleased to welcome such a vibrant and growing company to our city and look forward to a productive future together,” Healy said.
Source : http://www.jerseycityindependent.com/2010/09/29/cosmaceutical-firm-celebrates-new-jersey-city-headquarters/
The company says it was convinced to stay in the Garden State due to New Jersey’s Business Employment Incentive Program (BEIP), in which the New Jersey Economic Development Authority offers income tax breaks to companies that create or retain jobs. The program is part of the toolkit the state uses to lure companies from other states, or keep ones who may leave.
“We have been fortunate to grow through these tough economic times and our hiring of 153 New Jersey employees is a direct result of the state’s assistance,” Atlantic Coast Media Group co-founder Andrew Surwilo said. “While others look to outsource overseas, we believe that the best talent is sourced from our local communities.” He said the company plans on hiring at least 140 more employees as a result of the BEIP grant; they currently have 340 workers.
Among the local officials in attendance last night were Sen. Sandra Cunningham; Assembly members Ruben Ramos, Charles Mainor, Caridad Rodriguez; Downtown councilman Steven Fulop and Mayor Jerramiah Healy.
“We are pleased to welcome such a vibrant and growing company to our city and look forward to a productive future together,” Healy said.
Source : http://www.jerseycityindependent.com/2010/09/29/cosmaceutical-firm-celebrates-new-jersey-city-headquarters/
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