New Jersey Manufacturing Sector Builds on Success

New Jersey’s numerous assets including its skilled workforce, ports and transportation advantages, and state incentive programs, support a diverse and vibrant manufacturing sector.

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With its highly skilled workforce, access to major ports and a fully integrated transportation system, sophisticated warehousing and logistics assets, and specially designed incentive programs, New Jersey has built a manufacturing powerhouse.

The state is home to more than 20,000 industrial companies across a range of specialties from chemicals to glass production to value-added foods to pharmaceuticals. Manufacturing employs more than 338,000 people directly, supports another 137,000 supplier jobs and produces goods valued at nearly $44 billion. Chemical production alone is valued at nearly $19 billion.

New Jersey Assets Attract Investment

“New Jersey is a perfect location to support our national distribution and growth,” says Donna George, president and chief operating officer of Schär USA., which invested more than $15 million in its new 50,000-square-foot facility in Logan Township.

Schär USA is a division of Italy-based Dr. Schär Srl, which is Europe’s leading producer of gluten-free products. After graduating from the Rutgers Food Innovation Center incubator in Bridgeton, where the company set up its first test production in the United States, Schär looked at various locations throughout the Northeast.

Schär's decision to stay and expand in New Jersey is linked to the state’s transportation assets – an excellent freight lane and easy access to both the Port of Newark and the Port of Philadelphia – and its commitment to create a robust business climate. New Jersey awarded Schär USA a grant under its Business Employment Incentive Program (BEIP).

Schär USA joins a growing list of innovative, diverse and global companies companies such as Unilever, Kraft Foods, Mars Snackfood, Lockheed-Martin and Honeywell, that have operations in the state. New Jersey's high concentration of people, business and wealth make it a highly desirable market for products produced in the state, and its prime location puts it within 24 hours of another 100 million consumers.

Retaining Companies, Growing Jobs

Expanding manufacturers are also a sign of the New Jersey's favorable business climate. When Diversified Industries outgrew its Pennsauken location, the company considered moving to a location in Pennsylvania, says Craig Kean, chief operating officer. Thanks to the job-friendly efforts of the county and state, Diversified Industries chose to make a $5 million capital investment to remain in New Jersey. Diversified Industries is a global provider of foam fabricated products, with clients that include Ford, Mercedes, Toyota, Xerox and Electrolux.

Gloucester County provided site assistance to relocate Diversified Industries to the new facility in Woolwich. The state provided assistance through the Business Employment Incentive Program, and a Business Retention Grant . The project creates 30 jobs and retains nearly 70 others in New Jersey. for the creation of 30 new jobs given over 10 years.

New Jersey Stars with Broadway

A third-generation family business relocating to a new, 75,000-square-foot facility in Monroe Township, Broadway Industries is more than doubling the size of its current headquarters. The company relocated to New Jersey from New York in 2004 and has taken advantage of state incentive programs and training grants to help fuel its expansion in the Garden State.

The company holds a number of patents for its paper and plastic packaging products, including its kleerguard line, that are used in several industries including moving and storage, housewares, crafts and decor and pharmaceutical industries. A grant through the BEIP program helped support the addition of 25 manufacturing jobs in New Jersey for the company.

“I’d encourage any business owner to investigate the various incentive programs that the state of New Jersey makes available to help fuel growth,” says Steve Kohn, Broadway Industries’ president. “For example, in addition to the BEIP grant, we successfully executed a customized training grant in conjunction with Middlesex County College. Both of these programs helped us to fund the hiring and training of new employees, allowing us to bring new jobs to New Jersey.”

 

ABOUT THE AUTHOR

John Fuller has a long career in the communications business. After graduating with a degree in journalism from Kent State University, he worked as a reporter and business writer f... more

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Fri, 10/27/2017 - 19:55