PricewaterhouseCoopers LLP will add 400 new jobs in Connecticut over the next five years, according to the governor’s office.
PricewaterhouseCoopers LLP, which has offices in Stamford and Hartford, will also spend $20 million on expansion, including establishing Stamford as the headquarters for its Insourced Solutions for Tax division, according to a news release from Gov. Dannel Malloy.
The Connecticut Department of Economic and Community Development will be providing up to $9 million in grants for training, equipment and improvements at PwC’s Stamford location at 300 Atlantic St., according to a news release from the governor’s office that also says the grants will be released in segments as certain job creation milestones are met over a five-year period.
“PwC’s Insourced Solutions for Tax team is part of our journey towards developing a tax function that has an even greater ability to turn global uncertainty and regulatory change into new opportunities that deliver on a business’ strategy,” Rick D’Avino, chairman of IST for PwC, said in a statement. “We’re proud to establish its headquarters in Connecticut, and look forward to delivering new value for our people and clients as a result.”