One company, Quality Packaging Specialists International, wants to expand its operations in N.J. with a new facility in Florence.
The Economic Development Authority (EDA) voted Tuesday to approve a 10-year, $22.8 million Grow New Jersey award to a company that wants to build a 377,440-square-foot facility in Florence, NJ Biz reported.
Quality Packaging Specialists International, a product packaging company, wants to expand its operations in New Jersey with the new facility, which would house 170 current full-time positions and create 220 new full-time jobs.
The company is also considering a 361,665-square-foot space in Bethlehem, Pa. as an alternative to staying in New Jersey, the report says.
The EDA estimates that the project would yield a net benefit of $19.5 million back to the state over a 30-year period.
Also receiving approval was Mallinckrodt Enterprises, a subsidiary of Mallinckrodt Pharmaceuticals, with a 10-year, $20.4 million Grow New Jersey award to relocate 143 New Jersey-based jobs to a facility in Warren Township, as opposed to King of Prussia, Pa., the report says.
And Bayada Home Health Care, a privately-held company which provides in-home nursing services, received approval for a 10-year, $18.4 million award to go ahead with a consolidation project in Pennsauken as opposed to Philadelphia.
Also receiving Grow New Jersey awards, NJ Biz reported, are: Amerinox Processing Inc. in Camden; Corning Pharmaceutical Glass LLC in Vineland; Eastern Propak LLC in Glassboro; Mamacita Inc. in Vineland; Mane USA Inc. in Morris Plains; Ogilvy CommonHealth Worldwide LLC in Parsippany-Troy Hills and Sharp Electronics Corp. in Montvale.
Kevin Shea may be reached at kshea@njadvancemedia.com. Follow him on Twitter@kevintshea. Find The Times of Trenton on Facebook.