Ernst & Young announces 600 new jobs in Nashville

Gov. Bill Haslam announces on Nov. 13, 2018, that Ernst & Young will add 600 jobs in Nashville. (Erik Schelzig, Tennessee Journal)

A press release from Gov. Bill Haslam’s office:

NASHVILLE – Tennessee Gov. Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and Ernst & Young LLP (EY) officials announced today that the global professional services firm will invest more than $20 million to establish a facility to deliver tax managed services for clients and tax technology operations in Nashville. EY expects to create more than 600 jobs over the next five years.

“EY’s decision to create hundreds of technology and service delivery jobs in Nashville affirms our ongoing efforts to bring high quality jobs to Tennessee,” Haslam said. “Tennessee’s pro-growth policies continue to attract leading international businesses to our state. I’d like to thank EY for making this major investment in Middle Tennessee and bringing us one step closer to making Tennessee the top state in the Southeast for high quality jobs.”

“Tennessee is a growing home for major international businesses, particularly in the tech sector,” Rolfe said. “Since 2013, the number of tech jobs in the Nashville region has increased by almost 30 percent, far outpacing the national average. Thank you, EY, for this significant investment in Middle Tennessee. These are exactly the kind of high quality jobs we want in Tennessee.”

EY is expanding its presence in Nashville with the opening of the new EY Exceptional Delivery Growth Engine (EDGE) Center, which will include software development, design and testing, as well as professionals delivering technology enabled tax managed services for clients. A leading practice in Nashville for decades, the establishment of the EY EDGE Center delivers on EY’s purpose of building a better working world for its clients and communities.

“Nashville is a growing city with a vibrant economy that will provide an opportunity for EY to build more centralized resources to deliver tax managed services enabled by leading-edge technology and client platforms,” said Joe Hogan, EY Americas Tax and Finance Operate Leader. “The opening of the EY EDGE Center will further enhance our ability to bring to our clients leading practices that will help with their business needs as the demand for technology enabled alternative sourcing models in tax increases.”

“EY EDGE represents our focus on delivering high quality managed services to our diverse clients,” said Dan Thibault, Leader, EY EDGE. “We anticipate opening in August 2019, and the center will occupy over 60,000 square feet on two floors in a new office location on Music Row. It is expected to house over 600 employees, including 200 technology and 400 tax delivery professionals to support the delivery of tax services outsourced to EY by our clients.”

In addition to the new EY EDGE Center, the firm also announced earlier this year the move of its approximately 300 current Nashville employees to a new location at 222 2nd Ave S. in January 2019, relocating from 150 4th Ave N. The EY EDGE Center currently occupies a temporary office space until the opening of the office on Music Row. The firm is hiring at all levels.

“We are thankful that EY has made the decision to invest in our city in this way,” Nashville Mayor David Briley said. “Nashville continues to appeal to well-respected businesses like EY because we offer a vibrant economy and a great place to live. I am particularly excited about the significant number of high-quality tech jobs the company will bring to Nashville.”

“TVA and Nashville Electric Service congratulate EY on its decision to locate operations in Nashville,” TVA Senior Vice President of Economic Development John Bradley said. “Helping to foster new job opportunities is fundamental to TVA’s mission of service, and we are proud to partner with Nashville Area Chamber of Commerce, Metropolitan Government of Nashville and Davidson County, and Tennessee Department of Economic and Community Development to help further that mission.

EY opened its first office in Nashville in 1958 to serve the most successful public and private companies in the Middle Tennessee business community. As a market leader, the firm continues to attract and retain top talent in Nashville and provide unparalleled exceptional client service.

Ernst & Young LLP is a member firm of Ernst & Young Global Limited and serves clients in the U.S.  The EY organization is a global leader in assurance, tax, transaction and advisory services. The U.S. firm, Ernst & Young LLP, currently employs approximately 300 professionals in Nashville.

Nashville and Davidson County are represented by Speaker Beth Harwell (R – Nashville), Rep. Bill Beck (D – Nashville), Rep. John Ray Clemmons (D – Nashville), Rep. Vincent Dixie (D – Nashville), Rep. Bob Freeman (D – Nashville), Rep. Darren Jernigan (D – Old Hickory), Rep. Harold Love (D – Nashville), Rep. Bo Mitchell (D – Nashville), Rep. Jason Potts (D – Nashville), Rep. Jason Powell (D – Nashville), Rep. Mike Stewart (D – Nashville), Sen. Steven Dickerson (R – Nashville), Sen. Brenda Gilmore (D – Nashville), Sen. Ferrell Haile (R – Gallatin) and Sen. Jeff Yarbro (D – Nashville) in the Tennessee General Assembly.

13 Responses to Ernst & Young announces 600 new jobs in Nashville

  • Stuart I. Anderson says:

    Let’s just continue to squeeze them in, perhaps Nashville can win the uncoveted urban density prize! At least we can be reasonably certain that most of these employees will be level headed accountants who almost certainly will vote for conservative Republicans.

  • William Upton says:

    So much for any “country charm” that might be left.

    • Eddie White says:

      Welcome to the “new Atlanta”, complete with all the traffic and crime you desire.

      • Donna Locke says:

        Speaking of Atlanta, my daughter can’t go to a gas station there without fear of being robbed and shot.

        I developed asthma after living in the air pollution there as an adult. We canaries have been trying to warn you.

        • Donna Locke says:

          Oh yeah, I forgot to add that when my Atlanta area county commissioner was taking kickbacks from developers and succeeding at wall-to-wall development in that county, HE built a home he planned to move to in a Georgia mountain county and got on the county commission there and put major restrictions on growth — WHILE ruining the county I was living in.

          I can name him here if you want me to.

          • Donna Locke says:

            Left out “chairman.” County commission chairman.

          • Donna Locke says:

            He was a Republican. Probably still is.

          • Stuart I. Anderson says:

            I assume he spent most of his life as a Democrat in the New Deal Southern Democratic tradition and only became a Republican for political expediency sake and, in fact, was a centrist Republican at that.

          • Silence Dogood says:

            Sounds like he was a crook. Plenty of non-denominational crooks out there. BTW, I am no longer a Republican. I am a Conservative. I am still waiting to see if the Conservatives won the recent Governors and Senate race in Tennessee. I know the Republicans won bu only time will tell if Conservatives did.

        • Donna Locke says:

          I just had to add this although few will read it: My daughter just sent me a photo of my 9-year-old granddaughter popping out of the top of a SWAT vehicle at her public school’s fall festival in Atlanta (Decatur).

          All this has been great for my stress levels.

          Yes, we have tried to get them out of there. They have a business there.

      • William Upton says:

        I think Sherman had the right idea about Atlanta. It’s just in the way of getting to Florida.

  • Not Stuart Anderson says:

    Another positive step! Density is good in urban areas -if we have real TRANSIT! Time to get on the ball Nashville and TN and get our people moving! Undoubtedly, these highly-educated new employees and residents will move to the suburbs and help turn them blue!

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