A state panel has approved $3.3 million more in economic incentives for a financial firm to create 200 more jobs than it first announced in relocating its global headquarters from New York to Nashville.
The State Funding Board approved the additional grant money Tuesday for AllianceBernstein. The company announced plans in May 2018 to relocate and bring 1,050 jobs.
In 2018, state officials approved $17.5 million in financial incentives for AllianceBernstein. The company plans to move into its permanent downtown headquarters by the end of 2020.
The expanded growth brings AllianceBernstein's total planned investment in Nashville to more than $80 million.