Kean Resolution to Bring Global Business Investment to the State Clears Senate

Measure Calls on Senate to Lead Efforts to Recruit Global Corporations

Senate Republican Leader Tom Kean’s resolution seeking direct investment in the State by global corporations was approved by the Senate.

“Business investment can revitalize communities, boost local tax revenue, strengthen real estate markets, and provide jobs and careers for New Jersey workers,” said Kean (R-21). “Everybody wins when employers from around the globe open facilities in in our state. International-based companies benefit from our highly educated, skilled and diverse workforce. It will be easier for employers to find the talent they need to fill vital jobs.”

Kean’s measure, SR-27, urges the Senate to help recruit companies from around the world to set up shop in New Jersey. Businesses would be encouraged to connect with the Economic Development Authority, the Business Action Center, the New Jersey District Export Council, and Choose New Jersey, Inc. to discuss direct investment in the state.

“New Jersey has much to offer,” Kean said. “Companies that invest here say they are attracted by the environment, the quality of life, and a location that is convenient and accessible to the nation’s largest and most active commerce centers. The resulting economic activity and the creation of solid career opportunities helps strengthen the State’s fiscal position.”