Governor Chafee is pleased that Fidelity has chosen to continue to grow its business presence in Rhode Island. The Governor believes that a large number of the 1,100 Marlborough-based employees will be transferred to Rhode Island over the coming 2 year period.
The Governor’s staff has been in touch with Fidelity executives today and the Governor will be meeting in the near future with Fidelity executives to learn more about their Rhode Island growth plans and to discuss ways in which Rhode Island can be of assistance in those plans. In addition, the Governor is pleased that Fidelity’s decision to expand its Rhode Island presence has been made in light of the Governor’s plans to revise the corporate income tax policies of the state as proposed in his budget address.