A company that designs air traffic control systems will receive as much as $9.3 million in state tax credits over the next decade to move its headquarters from Egg Harbor Township to Atlantic City.
Enroute Computer Solutions Inc., which employs 43 people at its headquarters on Fire Road, was considering leasing a facility in Germantown, Maryland, according to the state Economic Development Authority.
The EDA approved the Grow New Jersey Assistance Program funding this month.
The company has an additional 202 workers at Atlantic City International Airport who were not at risk of leaving the state, EDA documents show.
The company plans to lease a 14,360-square-foot facility on the eighth floor at 1300 Atlantic Ave. for management, professional and administrative jobs and the capacity to add 38 more jobs, the state said.
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The grant is for up to $931,500 a year over 10 years and includes conditions that the company meets certain criteria over time, including capital investments and employment numbers.
The space will feature new offices, a computer lab and a conference room.
Enroute designs, develops and maintains air traffic control systems for the Federal Aviation Administration and the Department of Defense. The company also conducts engineering studies for the federal government.
The move is expected to be completed before the end of the year, according to a statement from the company.
“The end of our lease in (Egg Harbor Township) presented us with an opportunity to explore other options to accommodate our continued growth,” Anthony Curatolo, the company’s founder and CEO, said in a statement. “The Grow NJ Program helped make a move to Atlantic City practical. We are excited to see Trenton supporting the development of South Jersey and look forward to our part in the next chapter of Atlantic City.”
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The company did not respond to additional requests for comment Tuesday.
The EDA said the grant played a key factor in keeping the jobs in New Jersey.
Egg Harbor Township Mayor Sonny McCullough said the move will hurt the owners of the building that leased to Enroute but that they can reach out to the township’s Economic Development Commission for help if they wish.
County Administrator Jerry DelRosso said Tuesday afternoon he was unaware of the company’s move.
In a statement, Enroute said the company “has been supporting the FAA and its corporate partners at the William J. Hughes Technical Center and throughout the country since 1994.”
There have been other times recently the EDA awarded tax credits for companies moving to Atlantic City from elsewhere in Atlantic County.
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South Jersey Gas, a subsidiary of Folsom-based South Jersey Industries, received $12 million in state tax credits to offset the $50 million cost of the new South Jersey Gas building in Atlantic City. That building is part of the Atlantic City Gateway Project that includes a Stockton University campus.
The gas company’s parent company is remaining in Folsom.