Christie Administration Receives National Business Retention Award from Business Facilities Magazine

Partnership for Action Recognized for Its Efforts to Retain Business and Jobs in New Jersey

Trenton, NJ – For the second year in a row, Business Facilities Magazine has recognized the Christie Administration’s success at improving Garden State’s business climate, by selecting the New Jersey Partnership for Action for its Achievement in Business Retention Award. This year’s award recognizes the work undertaken by the Christie Administration through the New Jersey Partnership for Action to make the state a home for economic development and growth. Last year, the New Jersey Partnership for Action received the publication’s Achievement in Reorganization of Economic Development Award, and the New Jersey Economic Development Authority(EDA) received the Achievement in Targeted Incentives Award for its Urban Transit Hub Tax Credit.

“Once again, Business Facilities Magazine has acknowledged and awarded the steps this Administration has taken to improve our state’s business climate and to attract and retain business,” said Lt. Governor Kim Guadagno. “Receiving this award two years in a row is another symbol that our pro-growth economic policies, our reforms to streamline government, and our efforts to make doing business in New Jersey easier are getting results in the form of increased economic development, business investment and good-paying jobs for New Jersey families.”

Business Facilities’ Editor in Chief Jack Rogers called New Jersey's use of targeted incentives to keep major corporate headquarters like Panasonic and Prudential in the Garden State "a highly effective method of reinforcing a solid foundation of existing employment centers as the state pursues its growth strategy."

"We continue to be impressed with New Jersey's ongoing effort to combine a reorganized economic development effort and a much-improved business climate with a coherent strategy that builds on the state's traditional strengths," said Rogers. "By securing its core businesses for years to come, the Garden State is poised to put its formidable resources to work in building 21st-century growth sectors."

"With a world-class logistics hub, an unrivaled 'brain belt' of advanced research centers and a highly educated workforce, we have no doubt that the home of Edison and Einstein soon will regain its standing as a national leader," he added.

Noting that New Jersey is now in the midst of a regional $60 billion rebuilding and recovery effort in the wake of Superstorm Sandy, Rogers said the state's ability to continue to execute its economic development plan while dealing effectively with an unprecedented disaster "puts its competitors on notice that when New Jersey fully recovers, its Jersey Strong slogan will be upgraded to Stronger Than Ever."

The New Jersey Partnership for Action supports the vital role business plays in advancing the state’s economy and creating jobs. Led by Lt. Governor Kim Guadagno, the PFA is public-private approach to economic development and the starting point for all initiatives, policies, and efforts to grow New Jersey’s economy and create quality, sustainable jobs in our communities. The four elements of the PFA include the Business Action Center, reporting directly to the Lt. Governor and providing the business community with a single point of contact, applying a proactive, customer-service approach to businesses’ interactions with State government; the Secretary of Higher Education, which coordinates, plans, develops policies, and advocates for the state's higher education system; the New Jersey Economic Development Authority, serving as the state’s bank; and Choose New Jersey, a privately funded marketing, business attraction and lead generation organization that markets the state as an ideal location.

Businesses considering a move or in need of assistance are encouraged to call New Jersey’s Business Action Center at (866) 534-7789 or visit the State’s Business Portal at www.newjerseybusiness.gov.

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Press Contact:
Ernest Landante
609-777-2535

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