follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

Leaving N.J.: Officials say sometimes there's little that can be done

By

Back to Top Comments Email Print

Latest News

advertisement

When two companies said goodbye to New Jersey last week —taking 500 jobs with them – state business leaders were upset. But they also were realistic.

Michael Egenton, senior vice president of government relations for the New Jersey Chamber of Commerce, said sometimes location decisions are just "hit or miss depending on the company."

And there’s little anyone can do.

"You can roll out the red carpet and you're not going to change their mind," Egenton said.

Egenton was referencing the recent example of Ocean Spray leaving Bordentown for Pennsylvania's Lehigh Valley, but he could have just as easily been talking about the moves last week.

CareFusion Corp., a San Diego-based maker of medical products, said it would shutter its Totowa factory and lay off 390 employees in the process.

A day later, cold cut maker Dietz & Watson said it would move 110 jobs to Philadelphia from Delanco, where workers had been displaced since September by a fire that leveled its warehouse and distribution center.

Assemblyman Troy Singleton (D-Mount Laurel), who hails from the district where Dietz & Watson was located, said many people worked to keep Dietz & Watson here — and many people will work to bring in another company.

He’s already moved on, dealing with the reality of it all.

“While I am certainly disappointed in the decision by Dietz & Watson to move its facility to Pennsylvania, our job is to look forward,” he said. “We made a concerted full-court press to really get this done, working in partnership with state, county and local Delanco officials.”

For CareFusion, the operations at what was once the Vital Signs plant in Totowa will be moved to a site in Mexicali, Mexico, according to published reports. The move will bring 390 layoffs.

Meantime, Dietz & Watson said it will nearly double its footprint in Philadelphia's Tacony section, where it has had its headquarters for some 75 years.

And the move comes despite a $3.1 million tax credit offered by the New Jersey Economic Development Authority in February, when the company floated the idea of rebuilding in Burlington County.

Instead, it will build a $50 million facility in Philadelphia with the help of $2.1 million in state grants and eligibility for more than $12 million in other loans and funding, company and Pennsylvania state officials announced last week.

Singleton, meanwhile, will look for someone to take Dietz & Watson’s place.

“Now we will re-double our efforts to find someone else to fill this void,” he said.

ALSO ON NJBIZ:

Meadowlands office building again fetches more than $100 million

Dividing New Jersey: Budget woes stir new controversy around big-ticket tax breaks

New COAH rules set stage for new battle: Developers, advocates leery of new guidelines

Share This Story On:
Andrew George

Andrew George

Andrew George covers the Statehouse from NJBIZ's Trenton bureau. Born and raised in N.J., Andrew has also spent time as a reporter in D.C., Texas and Pa. His email is andrewg@njbiz.com and he is @AndrGeorge on Twitter.

advertisement

Comments


Robert Ewalt said:
Peter is correct. Michael Egenton should ask some of his Chamber of Commerce members. He will find no one makes a location decision "just hit or miss."

July 3, 2014 12:46 pm

Peter Graham said:
When will NJ politicians 'get it'? This corp exodus will continue until they do massive deregulation and massive cuts in taxes... But no one in this state has the stomach to do something big.

I doubt that will happen & we will just continue to bleed companies & jobs. Companies originally came to NJ for tax & regulatory relief from NY, and now they are searching for greener pastures as we have become as bad as NY.

July 1, 2014 8:51 am



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top