2018 The Meadowlands Economic Development & Relocation Guide · Meadowlands Regional Chamber Jim...

Economic Profile: Metrics, Magnitude & Movement

Key Sector Updates

Movement In The Meadowlands: Relocations & Expansions

Resources & Information For Incoming Businesses

Business Grows Here.Just miles from

New York City and in the heart of the

Northeast Corridor.

The Meadowlands Economic Development & Relocation Guide

2018

The Business Resource Guide for the Greater Meadowlands Region

Photo by Lauren Turiello

Photo by Jair Cabal

Peter Unanue, COO of Goya Foods

Senator Anthony Scardino Jr., former

Mayor & NJ Senator of Anthony Scardino &

Associates, Inc.

John Saraceno, Principal of Onyx

Equities

Dominick D’Agosta a former senior

banking executive

6 Snapshot of the Greater Meadowlands Region8 Metrics, Magnitude & Movement: Facts & Stats12 Focus On The Municipalities18 Bergen County At Your Fingertips20 Hudson County Works For You22 Made In The Meadowlands: A Manufacturing Mainstay24 LIVE From The Meadowlands: Hospitourism28 Keeping The Meadowlands Healthy: Healthcare & Social Services 30 Food Industry: Production, Manufacturing & Distribution32 Life & Health Sciences: Chemical, Pharmaceutical & Laboratory36 Relocations & Expansions: Movement In The Meadowlands42 Your Business Resource Partners

Published By: Meadowlands 2040 Foundation

Supported By:Forsgate Industrial PartnersNJM Insurance GroupPSEG

Production Partners: Meadowlands Regional Chamber, Meadowlands Liberty Convention & Visitors BureauMeadowlands Publishing/Meadowlands USA

201 Route 17 NorthRutherford NJ 07070(201) 939-0707www.meadowlands.org

Managing Editor:Joe Garavente, Meadowlands Publishing

Advertising Director:Martha Morley, Greer Enterprises, Inc.

Design:Evan Eagleson, Eighty6

Distribution Partners:New Jersey Economic Development Authority, Choose New Jersey, Bergen County Economic Development Corporation, Hudson County Economic Development Corporation, The Retail, Hospitality and Tourism Talent Network, New Jersey Sports & Exposition Authority

If you would like more copies of this guide, please contact Meadowlands Publishing at (201) 939-0707.

Chairman Fletch Creamer of J. Fletcher Creamer

& Son

Vice Chairman Bill Hanson of

NAI James E. Hanson

Rich Branca, CEO of Bergen Engineering

Alex Klatskin, CEO of Forsgate

Industrial Partners

Ed Russo, CEO of Russo Development

Jim Kirkos, CEO of Meadowlands Regional

Chamber

Jim Napolitano, James R. Napolitano

Meadowlands 2040 Foundation: Board of Trustees

Leadership, Vision, Education, Action“View and study a map of the world and zero in on where the earth’s economic sphere of influence exists and the Meadowlands and its surrounding region glows as the world’s economic center of gravity,” comments 2040 Foundation Board Member Senator Anthony Scardino.

The Meadowlands 2040 Foundation is excited to present another edition of this guide, aimed at highlighting the thriving business climate of the Greater Meadowlands Region. The 2040 Council was established in 2009 as an economic development “think tank” comprised of leaders from small to large companies who have invested mightily here in the Meadowlands. The purpose of this initiative was to discuss “big picture” issues that affect the economy and to collaboratively create a vision plan that advances the region through the year 2040. Topics of discussion include transportation infrastructure & mobility, flood control, education & workforce development, the regulatory environment and overall economic development.

Now a full installed foundation, one of the driving goals for the 2040 Foundation is to enhance the local economy by strengthening the workforce and improving the overall quality of life for the Meadowlands community. The 2040 Foundation helps promote awareness of workforce training programs to ensure that our region maintains high quality human capital to meet the needs of growing businesses. An educated and highly developed workforce retains existing companies and entices new businesses to relocate or invest in the Meadowlands.

The group is comprised of prominent business leaders that have deep roots here in the region—and a strong commitment to improving the area for those who live and work here.

Today the Meadowlands Regional 2040 Foundation has a ten member board of trustees led by Chairman Fletch Creamer of J. Fletcher Creamer & Son and Vice Chair Bill Hanson of NAI James E. Hanson.

This publication is brought to you by

MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 3

12 22 36

The Greater Meadowlands region is an economic powerhouse that positions local businesses right outside New York City and in the very heart of the bustling Northeast

Corridor. Our ideal location also situates businesses along some of the country’s most frequented transit networks of road, rail, sea and air. With a high density market right here and well over 50 million consumers within a day’s drive, it is a perfect spot for commerce.

The Meadowlands is a thriving environment of immense financial resources and unlimited prospects. We boast a strong economic climate cultivated by our ideal location, invaluable human capital pool and developed infrastructure

The Meadowlands proudly hosts not just an ecosystem of rebounding, flourishing nature but also a surging ecosystem of profound economic opportunity and boundless connections.

We invite you to discover how your business can grow with us in the Meadowlands.

PUBL

ISHE

D BY

:

SUPP

ORTE

D BY

:

An industrial view from the Meadowlands, looking north from Kearny.

Business and nature meet in the Meadowlands. The area is teeming with ecotourism opportunities accessible to residents and visitors year-round. We proudly host acres of trails, estuaries and protected marshlands.The Meadowlands is serviced by NJ Transit’s extensive network of rail and bus routes.

The Meadowlands is home to Teterboro Airport (pictured here), and nearby to Newark Liberty International Airport (just 10 miles away).

Discover how your business can grow in the Greater Meadowlands region.

For more information contact (201) 939-0707 or email [email protected] A special thank you to our economic development partners (see page 42)

A THRIVING ECOSYSTEM OF ECONOMIC OPPORTUNITYHome to the largest business growth & GDP growth in New Jersey. –SmartAsset

QUICK STATSTotal Population: 964,665 peopleMedian Household Income: $72,280Labor Force: 514,955 peopleNumber of Employers: 41,291Office & Industrial Space: Over 25 million sq. ft. in the Greater Meadowlands region (excluding 14.5 million sq. ft in Jersey City); Over 40 million sq. ft. in total

ADVANTAGES & BENEFITSIdeal location just miles outside of Manhattan—right along the New Jersey Turnpike and in the heart of the Northeast Corridor

Well-developed infrastructure and transit system complement and enable business businesses to capitalize on the ideal location—Easy access to other markets nearby and abroad

Home to Teterboro Airport, and nearby to Newark Liberty International Airport (just 10 miles away), LaGuardia Airport (16 miles) and John F. Kennedy International Airport (21 miles)

Adjacent to Port of New York and New Jersey, the largest port on the East Coast and the second busiest in North America—Home to an abundance of international businesses

Well-educated and highly trained workforce; 41.5% of population has a bachelors degree

68% of population under the age of 50

Aggressive economic development programs, with over $1 billion in investment incentives at work

Highly dense and diverse population with strong consumer spending indicators 22 percent higher than national average in the United States

Discover how your business can grow in the Meadowlands.

LIVE from the Meadowlands. The Meadowlands Sports & Entertain-ment Complex in East Rutherford is home to MetLife Stadium, New York Giants, New York Jets, Meadowlands Racing & Entertainment and more projects to come. Photo by Anthony Quintano.

Pictured here is Park Avenue in Rutherford. The Meadowlands hosts several downtown business districts.

SUPP

ORTE

D BY

:

8 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org

he Greater Meadowlands Region is an economic engine. Al-though we are just a few miles away from Manhattan and are well-connected to the entire metropolitan region, we are more

than just New York City’s backyard. We are a well-established, vi-brant, thriving and welcoming business community. We host not just an ecosystem of rebounding, fl ourishing nature but also a surg-ing ecosystem of profound economic opportunity and boundless connections.

We are home to the largest business growth & GDP growth in New Jersey, according to SmartAsset. Businesses choose the Meadowlands for its location, business connections, transportation, workforce, cultural diversity and quality of work & life.

We are known internationally as home of Metlife Stadium, the Giants and the Jets—our longstanding legacy in sports & entertain-ment has put us on the map and we present prolifi c sporting events and concerts throughout the year.

And there is a prosperous network of prominent , thriving busi-nesses in our region: Goya Foods, NAI James E. Hanson, Russo Development, J. Fletcher Creamer, JR., Quest Diagnostics, Hartz Mountain Industries, Samsung, HackensackUMC and The Chil-dren’s Place just to name a few. We also have a growing number of startups and small businesses that call the Meadowlands home.

The Greater Meadowlands: Measurements, Magnitude & Movement

T

“Home to the largest business growth & GDP growth in New Jersey.”

–SmartAsset [Hudson & Bergen Counties]

Here are some key facts, fi gures & information for the Mead-owlands:

PeopleThe total population covered by the Meadowlands is 964,600 peo-ple (697,884 people without Jersey City, the second largest city in the state) and the median age is 38, which is slightly younger than the 39 year median age of New Jersey overall, according to Census data.

Educational AttainmentWe have a highly educated population and the majority of the peo-ple in the Meadowlands has completed at least a high school de-gree. 41.5 percent of the population has completed a college degree, compared with approximately 33 percent of the American popula-tion overall according to Census data.

The Meadowlands is home to 964,600 people.

41.5 percent of the population has completed a college degree, compared with 33 percent of the American population overall.


Continued on pg. 10

“The importance of the Meadowlands District from a transportation and economic perspective cannot be understated. The District is at the heart of New Jersey’s growing economy, and is positioned as an important transportation link within the general NYC metropolitan area. Therefore the Meadowlands is an important driver of the State’s economy and hosts world class sports and entertainment venues. For over 30 years we have been involved and have actively supported the Chamber and the growth and development of the Meadowlands region.”

–Daniel Baer AICP, Senior Vice President, National Planning Lead, WSP(formerly WSP-Parsons Brinckerhoff)

“Quest Diagnostics based its single largest laboratory in the Meadowlands area decades ago, and has continued to grow its New York/New Jersey business from this base. We have had a very successful experience in the region and appreciate the opportunity to be an active member of the Meadowlands Regional Chamber.”

–Stuart Paul, General Manager, East, Quest Diagnostics

There are 20 colleges and universities in the Meadowlands, and 189 colleges and universities within 50 miles.

Labor & WorkforceThe Greater Meadowlands Region employs 452,022 total employ-ees in over 41,000 establishments across a diverse spectrum of in-dustries:

There are over 41,000 employers in the Meadow-lands, employing over 452,000 people.

“Goya Foods has invested almost $1 billion in a new 650,000 square-foot headquarters facility and state of the art distribution center here in the Meadowlands. The future of the region is critically important to our business and our family.”

–-Peter Unanue, COO of Goya Foods

Here is a breakdown of the some of the top jobs by occupation in the area:

68 percent of the workforce is white collar/professional service while 31 percent of the workforce covers blue collar sectors. In the United States as a whole, white collar/professional service em-ployees cover 40 percent of the workforce and other occupations account for 60 percent of the workforce, according to data from the Kaiser Family Foundation.

Industry & JobsThe leading industries in the Meadowlands by job measurement are Healthcare & Social Services, Retail & Hospitality, Professional/Scientifi c/Technical Services and Manufacturing.

Office & Industrial Office SpaceThe Greater Meadowlands region hosts over 40 million sq. ft. of of-fi ce and industrial space, according to Offi ceSpace.com. Excluding Jersey City, the Meadowlands region has over 25 million sq. ft. of offi ce and industrial space and Jersey City alone has 14.5 million sq. ft.

From Startups to CorporationsThe Meadowlands is home to businesses of all different sizes, from small startups to mid- and large-sized corporations.

Income & Spending

Households in the Meadowlands earn a median yearly income of $72,280, with more households in the ‘greater than $100,000’ income bracket than any other bracket. The median income is 40 percent higher than the median household income for the overall United States. It is slightly higher than the median income for New Jersey, which is the second highest income state in the country.

Household expenditures average $64,529 per year, a strong con-sumer index that is 22 percent higher than the national average in the United States.


Continued from pg. 9

The Greater Meadowlands

The median income is 40 percent higher than the median household income for the overall United States.

“Scarinci Hollenbeck has had deep roots in the Meadowlands for nearly three decades, and the location has served us well. It is a thriving envi-ronment, offering proximity to both our New Jersey and New York City offices, and it encompasses both evolving business and residential communities. As developers continue to seek areas for new con-struction to meet the increased market demand, our firm continues to play a prominent role in the Meadowlands’ economic transformation.”

-Kenneth J. Hollenbeck, Managing Partner, Scarinci Hollenbeck, Attorneys at Law

“At PSE&G, we understand the critical role that safe, reliable energy plays in keeping our economy strong. Our customers expect the lights to stay on and the gas to keep flowing even during severe weather. That’s why we have been investing billions of dollars in electric and gas system upgrades throughout our territory to make sure businesses in the Meadowlands have the energy they need to grow and prosper.”

–-John Latka, Senior Vice President of Electric and Gas Operations at PSE&G

TransportationThe average resident’s commute time is 28 minutes, less than the rest of the New York City metropolitan area which has an aver-age commute time of 35 minutes. This includes residents of the Meadowlands who commute to work inside as well as outside the region, including those who work in New York City. Residents of the Meadowlands commute to work by car, bus or train. Jersey City has the second highest usage of mass transit for work commuters in the United States of America, just behind New York City.

The Greater Meadowlands Region is serviced by several state and interstate highways, as well as the New Jersey Turnpike which runs right through it. The Garden State Parkway borders the west-ern part of the region. The Greater Meadowlands region connects three Hudson River crossings into Manhattan—the Holland Tun-nel, Lincoln Tunnel and the George Washington Bridge.

Consumer spending index is 22 percent higher than the national average in the United States.

The average commute time in the Meadowlands is 28 minutes, less than the average commute time in New Jersey overall and in the New York Metropolitan region overall.

The Greater Meadowlands

“Due to a mature transportation infrastructure, highly educated workforce and quality of life, many or our client’s gravitate toward the Meadowlands region.”

–Frank Recine, Newmark Grubb Knight Frank

Data for this piece was compiled from ZoomProspector, a subsidiary of GIS Planning, Inc., as well as other sources that are cited in the text.

Teterboro Airport is located right in the heart of the region, home to many private aviation charter companies that fl y nation-ally and globally. Newark Liberty International Airport is just 10 miles away. There are 25 airports within 50 miles of the region, including LaGuardia Airport (16 miles) and John F. Kennedy In-ternational Airport (21 miles) in New York City.

Mass transit is abundant. NJ Transit services the Meadow-lands with several train lines, bus lines and the Hudson–Bergen Light Rail. Jersey City and Harrison are serviced by the PATH train, which goes directly to World Trade Center in Manhattan and also Newark Penn Station. There are also several private services available, including EZ Ride through Meadowlink, which offers shuttle transportation around the region. A NJ Transit train ride from Secaucus Junction to New York Penn Station can take as little as 8 minutes.

Business IncentivesThere is over $1 billion from identifi ed incentive packages going toward investment projects across companies, industries and mu-nicipalities in the Meadowlands, according to WAVTEQ which tracks incentive programs across the United States. This number also represents 29 percent of all incentive investments in the entire state of New Jersey, despite the Meadowlands representing a relatively small geography.

Business organizations that are creating or retaining jobs in New Jersey may be eligible for tax credits ranging from $500 to $5,000 per job, per year; with bonus credits ranging from $250 to $3,000 per job, per year through New Jersey Economic Develop-ment Authority’s Grow NJ Assistance Program.

Tax Information


Bergen CountyBogotaMayor: Christopher M. KelemenTelephone Number: (201) 342-1736Website: www.bogotaonline.orgPopulation in 2010: 8,187Population in 2017: 8,398Percent Change: 2.6 percentMedian Household Income: $83,218Median Home Value: $334,450Key Employer: Bogota Savings Bank

CarlstadtMayor: Craig LahullierTelephone Number: (201) 939-2850Website: www.carlstadtnj.usPopulation in 2010: 6,127Population in 2017: 6,270Percent Change: 2.3 percentMedian Household Income: $79,380Median Home Value: $402,100Key Employers: Allied Beverage Group L.L.C.; Pinnacle Environmental Corpora-tion; Unimac Graphics; Russo Develop-ment LLC; Onyx Equities LLC

Cliffside ParkMayor: Thomas CalabreseTelephone Number: (201) 945-3456

Website: www.cliffsideparknj.govPopulation in 2010: 23,594Population in 2017: 25,093Percent Change: 6.4 percentMedian Household Income: $62,589Median Home Value: $471,000

East RutherfordMayor: James L. CassellaTelephone Number: (201) 933-3444Website: www.eastrutherfordnj.netPopulation in 2010: 8,913Population in 2017: 9,214Percent Change: 3.4 percentMedian Household Income: $76,286Median Home Value: $380,900Key Employers: Allied Building Prod-ucts Corporation; MWWPR; Branca Properties Inc.; The Alpine Group, Inc.; New York Giants; New York Jets; Mead-owlands Racetrack

FairviewMayor: Vincent Bellucci Jr. Telephone Number: (201) 943-3300Website: fairviewborough.comPopulation in 2010: 13,835Population in 2017: 14,536Percent Change: 5.1 percentMedian Household Income: $55,608Median Home Value: $381,100

Municipality ProfilesGarfieldMayor: Richard RigogliosoTelephone Number: (973) 340-2000Website: www.garfi eldnj.orgPopulation in 2010: 30,487Population in 2017: 31,820Percent Change: 4.4 percentMedian Household Income: $50,534Median Home Value: $336,800Key Employer: Fidelity Care Inc.

HackensackMayor: John P. Labrosse, Jr. Telephone Number: (201) 646-3980Website: www.hackensack.orgPopulation in 2010: 43,010Population in 2017: 45,368Percent Change: 5.5 percentMedian Household Income: $58,625Median Home Value: $308,400Key Employers: J. Fletcher Creamer & Son Inc.; Hackensack University Medical Center; Innodata, Inc.; NAI James E. Hanson

Hasbrouck HeightsMayor: Jack DeLorenzoTelephone Number: (201) 288-0195Website: www.hasbrouck-heights.nj.usPopulation in 2010: 11,842Population in 2017: 12,267

Bergen County Court House in Hackensack is nearby to many legal and professional service fi rms.

The Meadowlands Sports & Entertainment Complex in East Rutherford is home to the New York Giants, New York Jets and the Meadowlands Racetrack. Pictured here is the Victory

Terrace at Meadowlands Racetrack.


Percent Change: 3.6 percentMedian Household Income: $92,728Median Home Value: $414,100Key Employers: Shin Ei Fuji of Hasbrouck Heights, Inc.; Motor Inn Associates, LLC

LeoniaMayor: Judah Zeigler Telephone Number: (201) 592-5780Website: http://www.leonianj.gov/Population in 2010: 8,937Population in 2017: 9,261Percent Change: 3.6 percentMedian Household Income: $84,228Median Home Value: $499,000Key Employers: Field Station: Dino-saurs

Little FerryMayor: Mauro D. Raguseo Telephone Number: (201) 641-9234Website: www.littleferrynj.orgPopulation in 2010: 10,626Population in 2017: 11,024Percent Change: 3.7 percentMedian Household Income: $69,466Median Home Value: $334,500Key Employers: Dassault Falcon Jet Corp.; Gates Realty Corp.; Arcari & Iovino Architects PC

LodiMayor: Emil Carafa, Jr. Telephone Number: (973) 365-4005Website: www.lodi-nj.org

Population in 2010: 24,136Population in 2017: 24,988Percent Change: 3.5 percentMedian Household Income: $52,453Median Home Value: $378,000Key Employers: Labor Ready; Atlantic Detroit Diesel-Allison, LLC; The Star Group

LyndhurstMayor: Robert B. GiangerusoTelephone Number: (201) 804-2457Website: www.lyndhurstnj.orgPopulation in 2010: 20,554Population in 2017: 22,733Percent Change: 10.6 percentMedian Household Income: $75,379Median Home Value: $354,000Key Employers: Alpha Industries, Inc.; Polo/Ralph Lauren

MoonachieMayor: Dennis VaccaroTelephone Number: (201) 641-1813Website: www.moonachie.usPopulation in 2010: 2,708Population in 2017: 2,810Percent Change: 3.8 percentMedian Household Income: $68,040Median Home Value: $568,300Key Employers: Avanti Linens; LPS Industries Inc.; FLOMO/Glitzzie

North ArlingtonMayor: Joseph BianchiTelephone Number: (201) 991-6060

Website: www.northarlington.orgPopulation in 2010: 15,392Population in 2017: 15,965Percent Change: 3.7 percentMedian Household Income: $77,357Median Home Value: $368,300Key Employers: AM Cosmetics Inc.; Labor Management Concepts, Inc.

Palisades Park Mayor: James RotundoTelephone Number: (201) 585-4100Website: www.palisadesparknj.usPopulation in 2010: 19,622Population in 2017: 20,890Percent Change: 6.5 percentMedian Household Income: $63,895Median Home Value: $596,400Key Employer: Time Warner Cable

RidgefieldMayor: Anthony SuarezTelephone Number: (201) 943-5215Website: www.ridgefi eldnj.govPopulation in 2010: 11,032Population in 2017: 11,380Percent Change: 3.2 percentMedian Household Income: $74,428Median Home Value: $459,000Key Employer: Carolace Embroidery Co., Inc.

Ridgefield ParkMayor: George D. FosdickTelephone Number: (201) 641-4950Website: www.ridgefi eldpark.org

The Marsh Discovery Trail in Lyndhurst’s DeKorte Park provides up-close vantage points to observe and photograph the beauty of the Meadowlands.

Overpeck Park features trails, recreational facilities and conservation areas with sections in Leonia, Palisades Park, Ridgefi eld Park and Teaneck.

Continued on pg. 14

Population in 2010: 12,729Population in 2017: 13,105Percent Change: 3.0 percentMedian Household Income: $69,178Median Home Value: $336,500Key Employers: Samsung Electronics American, Inc.; FORT Group

RutherfordMayor: Joseph DeSalvo, Jr.Telephone Number: (201) 460-3001Website: www.rutherford-nj.comPopulation in 2010: 18,061Population in 2017: 18,915Percent Change: 4.7 percentMedian Household Income: $89,524Median Home Value: $470,800Key Employers: Cancer Genetics, Inc.; Boiling Springs Savings Bank; New-mark Grubb Knight Frank; Robert Half International

South HackensackMayor: Gary BruggerTelephone Number: (201) 440-1815Website: www.southhackensacknj.orgPopulation in 2010: 2,652Population in 2017: 2,469Median Household Income: $72,014Median Home Value: $424,300Key Employers: Naturex Inc.; Boswell Engineering

TeaneckMayor: John P. WattTelephone Number: (201) 837-1600Website: www.teanecknj.govPopulation in 2010: 39,776Population in 2017: 41,121Percent Change: 3.4 percentMedian Household Income: $99,494Median Home Value: $382,800Key Employers: Holy Name Hospital; Cognizant Technology Solutions

TeterboroMayor: Mohammed HameeduddinTelephone Number: (201) 288-1200Website: www.teterboro-online.comPopulation in 2010: 67Population in 2017: 71Percent Change: 6.0 percentKey Employers: Teterboro Airport; Quest Diagnostics Clinical Laboratories, Inc.; Jet Aviation; Forsgate Industrial Partners

WallingtonMayor: Mark W. TomkoTelephone Number: (973) 777-0318Website: www.wallingtonnj.orgPopulation in 2010: 11,335Population in 2017: 11,712Percent Change: 3.3 percentMedian Household Income: $59,287

Median Home Value: $374,600Key Employers: Farmland Dairies LLC; McNally International Corp.

Wood-RidgeMayor: Paul A. SarloTelephone Number: (201) 939-0202Website: www.wood-ridgenj.orgPopulation in 2010: 7,626Population in 2017: 8,599Percent Change: 12.8 percentMedian Household Income: $99,331Median Home Value: $341,000Key Employers: Terminal Construction Corporation; Meadowlink/EZ Ride; Fujitec Elevator Co. Inc.


The Meadows Offi ce Complex in Rutherford. The Meadowlands is home to over 40 million sq. ft. of offi ce and industrial space.

Teterboro Airport is owned and managed by the Port Authority of New York and New Jersey. Newark Liberty International Airport is also just 10 miles away, conveniently connecting the

region to hundreds of cities nationally and internationally.


Municipality Profiles

Continued on pg. 16


I can talk about Bergen County all day, but you need answers now. Consider BergenForBusiness.com your online,

24/7 executive report. As Director of the Bergen County

Division of Economic Development, my team and I are here to offer you compli-mentary customized consulting services, and now, web-based analysis tools any time you need them.

From the Gold Coast towns of Fort Lee, Edgewater, Cliffside Park and Fair-view to the idyllic suburbs of Montvale, Park Ridge, Hillsdale and Emerson, Ber-gen County is a focal point for NJ’s evolv-ing commercial real estate landscape. Our economy is robust and continuously ex-panding. With over 50,000 companies—and a highly educated workforce of more than 500,000 people—the top industries in Bergen County include retail, healthcare and social services, education and profes-sional services.

Our population is 945,487. That’s larger than the cities of San Francisco, Boston, Washington, D.C. and Atlanta. Our proximity to New York City (one mile at our eastern tip) gives us a powerful advan-tage, especially in the e-commerce world. What’s more, Bergen County has one of the nation’s highest median household incomes at $92,992, and an inventory of well-located, high-end industrial buildings half the price of those in the NYC boroughs.

At BergenForBusiness.com, you can search a sampling of available properties and access key data by individual town (mind you there are 70 in Bergen) and/or the county as a whole. A convenient side-by-side comparison of Bergen towns (as well as a comparison of Bergen County to other New Jersey counties) allows you to narrow down your location choices quickly based on needs.

Easy-to-access infographics, reports and maps allow you to make the most ed-ucated decisions. At www.bergenforbusi-ness.com, you can fi nd the following:

• Commercial, industrial and retail list-ings with search criteria, property de-

tails, contact names and turn-by-turn driving directions

• Labor market analysis• Key industry clusters• Number of establishments (from in-

ternational manufacturers and For-tune 500 headquartered companies tonational retail chains and small busi-nesses)

• Strength of your industry in BergenCounty (similar businesses/competi-tors)

• Consumers (where they live, howmuch they earn, what they spend earn-ings on etc.)

• Housing (owners vs. renters)• Education• Average commute time to work• Wage reports and much more

Utilizing the vast resources of the Division of Economic Development, and having critical data on Bergen County at

your fi ngertips 24/7 will lead to tremen-dous growth opportunities. With Bergen-ForBusiness.com, we have site selectors, investors, real estate professionals, mayors, policy professionals, speechwriters, attorneys and accountants looking at the site and contacting us to fi nd out more. Which is exactly our goal.

Visit www.bergenforbusiness.com and see for yourself.

If you are a landowner, developer, broker or property manager and would like to list your sites free of charge on www.BergenForBusiness.com call me today at (201) 336-7336.

Joanne Cimiluca is the di-rector of Bergen County’s Division of Economic De-velopment (BCDED). For assistance with BCDED’s services, please contact us

at (201) 336-7500. Visit BergenForBusi-ness.com to learn more.

Bergen County is a wonderful place to live, work and raise a family. Nearly one million peo-ple live in one of our 70 unique and vibrant municipalities. Our county attracts thousands of visitors each day to our businesses, educational facilities, historical sites and special events. Our retail shopping facilities are second to none. Bergen Community College attracts stu-dents from across the county and state. Places to visit include the Meadowlands, Steuben House (home to the Bergen County Historical Society), Overpeck Park, the Bergen County Zoo in Van Saun Park and the New Jersey Naval Museum—just to name a few.

As the largest county in NJ, Bergen County offers a sizable pool of diverse, well-educated, highly skilled workers. Our business community is a thriving mix of Fortune 500 companies and small businesses alike. My administration is proud to partner with the Meadowlands Regional Chamber and other agencies and organizations to grow our economy and capital-ize on opportunities for public-private partnerships.

We continue to strive every day to make Bergen County the best place for our residents, busi-nesses and visitors. This guide is a valuable resource of information for anyone who lives or works in Bergen County. I urge you to take advantage of the programs and opportunities available in Bergen County government for future growth and opportunities. Should you need anything, please do not hesitate to reach out to my offi ce by contacting (201) 336-7300 or emailing [email protected]. My staff and I are here to help.

Sincerely,

James J. Tedesco, III Bergen County Executive

Bergen CountyAll You Need To Know, All At Your FingertipsBergenForBusiness.com is your single source for all things Bergen County


he manufacturing industry enjoys a well-established, longtime legacy here in the Meadowlands, beginning even

prior to the industrial revolution. In the late 17th and 18th centuries, the growth of small towns established by Dutch and En-glish settlers saw the expansion of the pre-existing Native American trails and later the construction of roads and bridges in the region to assist trade. The early commercial activities—fi shing, hunting, farming and harvesting of salt hay, marsh grass and ce-dars—slowly moved toward more industrial and manufacturing pursuits such as milling, tanning, copper mining and clay mining (to

make bricks). Little Ferry even became one of the largest brick producers in the world in the 19th century, exporting its bricks down the Hackensack River.

The region’s manufacturing contri-butions were well known as the industrial revolution emerged and powered forward, playing a major role in helping to build cit-ies and communities across the country with the products it exported. Even back then, the Meadowlands ideal location made it an epi-center for manufacturing activity, as it was well positioned along the waterways, roads, bridges and booming rail corridors.

Today that prime posturing contin-

Made In The MeadowlandsLocation & infrastructure make the Meadowlands a manufacturing mainstay

ues—with manufacturing representing over 31,000 jobs and 1,645 business organiza-tions here—and manufacturers have the ‘at home advantage’ of convenient access to one of the most dense and affl uent consumer markets in the world. In just a day’s drive, our manufacturers can service the geog-raphy of 40 percent of the U.S. population and, just right here in the Greater New York City metropolitan, there are thousands of retailers, suppliers and distributors to man-ufacture for.

The region’s world-class infrastruc-ture affi rms the Meadowlands—still located along some of the country’s most frequented

The adjacent Port of New York & New Jersey—third largest port in the country by tonnage—along with the area’s diverse, multicultural population facilitate entry to valuable international markets.

T

The region’s world-class infrastructure affi rms the Meadowlands—located along some of the country’s most frequented transit networks of road, rail, sea and air—as a perfect spot for the manufacturing industry.

Diamond Chemical (East Ruther-ford) is one of the largest privately owned national cleaning and sanitiz-ing product companies in the United States. They manufacture laundry, warewash, fl oor care, housekeeping, sanitizing, organic intermediates, vehicle care and other industrial and institutional products.

View from Manhattan: Meadowlands offi ce buildings and industrial space in the distance. The Meadowlands has been a manufacturing mainstay for centuries, even prior to the industrial revolution and much of this has to do with its ideal proximity to transporta-tion opportunities, fi rst to waterways and then to booming rail and interstate highway systems. The legacy continues.

Industry Sector Focus: Manufacturing


transit networks of road, rail, sea and air—as a perfect spot for the manufacturing indus-try. The interstate highway system, the Port of New York & New Jersey (third largest port in the country by tonnage), an advanced railway system and a diverse population all facilitate entry to valuable national and in-ternational markets.

That’s why we have a multitude of manufacturers here in the Meadowlands, with a particularly strong representation of chemical and food manufacturing business-es. Here is a sampling of some manufac-turing organizations that operate within the Greater Meadowlands Region:

Avanti Linens Inc. (Moonachie)Diamond Chemical Co. (East Rutherford)Caravan Ingredients (East Rutherford) Crest Foam Industries Inc. (Moonachie)Grobet USA (Carlstadt)Hobby World Marine IncJune Jacobs Labs LLC (Moonachie)LPS Industries, LLC (Moonachie)Manhattan Door Corporation (Carlstadt)

Marine Electric System (South Hackensack)NES Enterprises Inc. (Carlstadt)P & R Trading (East Rutherford)Schar USA (Lyndhurst) Scientifi c Design Co Inc. (Little Ferry)Shiseido USA (Rutherford)Sigma Plastics Group (Lyndhurst)Spectra Colors Corporation (Kearny)Standard Casing (Lyndhurst)Symrise Inc (Teteroboro)YKK USA Inc. (Rutherford)Zwave Products Inc (Moonachie)

More good news is that the state of New Jer-sey supports manufacturers with several in-dustry-specifi c programs to help them grow, including:

• Manufacturing Equipment and Em-ployment Investment Tax Credit: New Jersey manufacturers may qualify for a tax credit for the acquisition of equip-ment and/or for the addition of employ-ees due to equipment investment.

• New Jersey Manufacturing ExtensionProgram (NJMEP) offers technical and

management solutions to assist manu-facturing companies become more pro-ductive, profi table and globally com-petitive.

• Loans, Loan Guarantees, Bond Financ-ing and More: The New Jersey Eco-nomic Development Authority (NJE-DA) offers a wide range of programsthat provide access to capital to meetthe specialized needs of manufacturingcompanies, both large and small.

• Unlike many other states, New Jerseyplaces no personal property tax on ma-chinery, equipment or inventory.

• With the Grow New Jersey AssistanceProgram, manufacturing companiesmay qualify for fully-transferrable taxcredits by creating as few as 10 full-time jobs or retaining 25 full-time jobs.

For more information about the pro-grams available to manufacturing compa-nies in the state, please visit the New Jersey Economic Development Authority website: www.njeda.com

Avanti Linens started in New York City in the 1960’s and moved to Moonachie in 1986.

Avanti Linens (Moonachie) manufactures products for the bath like towels, bath accessories, shower curtains and rugs.

Manhattan Door Company (Carltstadt) was hired for contract work at the iconic Time Warner Center in New York City. The manufacturing company relocated from New York City to Carlstadt in 2010.

June Jacobs Labs (Moonachie) manufactures and packages personal care products, having access to over 5,000 formulations for skin, hair and oral care.


ospitourism—including our hotels, retail, attractions, meeting spaces, recreation, sports and entertain-

ment facilities—is a revenue-generating, job-creating, community-supporting and reputation-building industry with a long-standing legacy here in the Meadowlands. It is a growing industry statewide increas-ing about three percent annually, but it is particularly thriving here in the Meadow-lands—more than double the state overall.

The Meadowlands Sports & Entertainment Complex Many consider the Meadowlands Sports & Entertainment Complex to be the epi-

center of the Meadowlands region—home to MetLife Stadium, Meadowlands Rac-ing & Entertainment, Meadowlands Rail Station and the potential for so much more.

The economic impact of the complex is major, supporting over 5,000 full- and part-time jobs and generating approxi-mately $65 million in tax revenue, ac-cording to a report from Conventions, Sports & Leisure.

MetLife Stadium is home to the New York Jets and the New York Giants, and also hosted the Super Bowl in 2014. The operations of the Giants and the Jets at the stadium bring tens of thousands of visitors

LIVE From The MeadowlandsHospitourism brings jobs, revenue & visitors to the region

to each game and result in direct and indi-rect fi nancial benefi t to the region.

MetLife Stadium is also host to many large-scale events that advance the econ-omy and reputation of the region locally and internationally, including WWE’s WrestleMania in 2013 (generated over $100 million in economic impact), Copa América Centenario in 2016 and more re-cently in 2017 it hosted the Indian Film Academy Awards, considered to be the ‘Oscars of Bollywood.’ The concerts at MetLife Stadium also bring in revenue and people. Artists performing at MetLife have included Bruce Springsteen, Beyon-cé, Eminem, AC/DC, U2 Rihanna and

H

Industry Sector Focus: Hospitality & Tourism

Continued on pg. 26

Photo by NJSEA

Photo by NJSEA

more. The concerts can draw as many as 100,000 people and generate a gross revenue of over $10 mil-lion in ticket sales alone.

Area attractionsThere are plenty of major sites, attractions, activities and events that bring people to the region, includ-ing Liberty State Park, State of Liberty, Liberty Sci-ence Center, BergenPAC, RPM Raceway, Medieval Times, Hornblower Cruises, Spirit Cruises, Durkan Fencing Academy, Hackensack Riverkeeper, Field Station: Dinosaurs, Meadowlands pontoon/canoe tours, nature walks, heritage sites and over 30 parks in the area.

Thanks to these attractions, millions of visitors come to the Meadowlands region each year and each of those visitors will come in contact with dozens of businesses along the way, both directly and indirect-ly. Any visitor who comes to tour a local point of in-terest or attend a local event may also stay in a hotel, eat at a restaurant, shop at a store or take advantage of a local service, such as a car rental or dry cleaner.

Connecting businesses & customersThe Meadowlands Liberty Convention & Visitors Bureau (www.mlcvb.com) is one resource that di-rects visitors to the businesses nearby the event they are attending or the site they are seeing that will fulfi ll their entertainment, shopping, social, food and hospitality needs. The Bureau organizes their website based on exactly what visitors want to do when they come to the Meadowlands: Stay, Play, Shop, Meet and Eat. This website also caters to what businesses want when visitors come here. They help visitors learn about the businesses, know how to get to them and to connect with them, whether it be through a room booking, a ticket purchase, a dinner reservation or a simple shopping trip. The MLCVB connects area tourism-related businesses with their potential customers.

Tourists and vacationers—families, group of friends, school fi eld trips, etc.—aren’t the only po-tential visitors to the Meadowlands area. Conference and convention-goers, business groups and other large parties who choose to host their events or ac-tivities in the Meadowlands also comprise plenty of potential consumers and valuable sources of revenue for the region. The revenue brought to businesses in the area as visitors become patrons and customers is an important part of what drives the Meadowlands economy forward.

Tourism has an effect on everyone in the Mead-owlands: the government, businesses and residents alike. Therefore, the tourism and hospitality industry is certainly one to keep an eye on for anyone living in, working in, conducting business in or thinking about doing any of the above in the scenic and dy-namic Meadowlands region.

Hospitourism by the numbers*Approximately $745 million is generated by the hospitourism region in the Meadowlands each year, with the number of visitors increasing annually by 8%

There are over 50 hotels and over 10,000 hotels rooms in the region

The Meadowlands Exposition Center has 61,000 sq. ft. of convention space and can accommodate up to 5,000 people for a larger conference, ceremony or banquet

Visitors drawn to the Meadowlands’ venues, attractions, hotels and hospitality businesses spend $456 million, support 10,700 jobs and pay $233 million annually in taxes to support state operations

Retail and hospitality combined as one industry is the second largest provider of jobs in the Meadowlands, with over 6,000 organizations and over 55,000 jobs

Visitor spending supports $466 million in wages for local workers who live locally, with about $158 million of these wages going right back into the local economy supporting real estate, scientific/technical services and healthcare industries.

Job gains in the tourism industry average about 5%, outpacing the national average of approximately 2%.

*data comes from Regional Impact of Tourism Report by Rockport Analytics, ZoomProspector,The United States Department of Labor, Meadowlands Regional Chamber, Meadowlands Liberty Convention & Visitors Bureau




he healthcare and social services industry is the top em-ployer in the Meadowlands, representing over 60,000 jobs at approximately 7,700 organizations. Healthcare organiza-

tions choose the Meadowlands for its highly educated, qualifi ed workforce and its close proximity to some of the nation’s top medical schools.

Here are some of the healthcare facilities that call the Mead-owlands home:

Hackensack Meridian Health Hackensack Meridian Health combines the excellence and in-novation of academic medical centers with the convenience and compassion of community-based care and services.

One of New Jersey’s largest healthcare networks, Hacken-sack Meridian Health is comprised of 13 hospitals, including two academic medical centers, two children’s hospitals and nine acute care hospitals. The network also includes more than 120 ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, rehabilitation centers and urgent care centers.

Hackensack University Medical Center (HackensackUMC), which has been serving the region since 1888, is the fl agship hospital of Hackensack Meridian Health. It was ranked the #1 hospital in New Jersey and #4 in the New York metro area in U.S. News & World Reports’ 2016-2017 Best Hospitals report. Additionally, it was nationally ranked in 4 adult specialties — Cardiology and Heart Surgery; Ear, Nose and Throat; Orthope-dics; and Urology. HackensackUMC also earned U.S. News & World Reports’ highest rating—high-performing—in all nine

Healthcare & Social ServicesKeeping the Meadowlands healthy

common medical procedures and conditions rated in the Best Hospitals report.

The network also includes HackensackUMC Palisades Medical Center, located in North Bergen, serving a population of 400,000 in Hudson and southern Bergen counties. The not-for-profi t medical center features a 202-bed hospital and The Har-borage, a 245-bed nursing home and rehabilitation center.

Bergen Volunteer Medical InitiativeBergen Volunteer Medical Initiative (BVMI)—a licensed non-profi t healthcare center that provides free primary care to unin-sured, low-income, working Bergen County residents—recently opened the doors of its new 5,000 sq. ft. facility, and is looking for new patients and volunteers as its operation expands.

The new Lynn Diamond Healthcare Center at 75 Essex Street in Hackensack, which is named after a long-time sup-porter who donated $1 million to the initiative, is an upgrade

T

Industry Sector Focus: Healthcare & Social Services

Hackensack Meridian Healthwww.hackensackmeridianhealth.org

HackensackUMCwww.hackensackumc.org

HackensackUMC Palisadeswww.palisadesmedical.org

Meadowlands Hospital Medical Centerwww.meadowlandshospital.org

Holy Name Medical Centerwww.holyname.org

Other Area Hospitals

Hackensack University Medical Center (HackensackUMC), which has been serving the region since 1888, is the fl agship hospital of Hackensack Meridian Health. It was ranked

the #1 hospital in New Jersey.

Bergen Volunteer Medical Initiative (BVMI)—a licensed nonprofi t healthcare center that provides free primary care to uninsured, low-income, working Bergen County residents—

just opened the doors of its new 5,000 sq. ft. facility in 2017.


from the organization’s previous 3,500 sq. ft. space in downtown Hackensack, which is currently undergoing revitalization.

BVMI serves about 1,000 patients annually, and has a team of 55 licensed volunteer medical professionals who help treat those patients. BVMI’s free healthcare is available for adults living in Bergen County who are working, don’t have health in-surance, don’t qualify for Medicaid or Medicare and earn 300 percent or less of the Federal Poverty Guidelines.

The new Lynn Diamond Healthcare Center contains six exam rooms, a dedicated diabetes education room, a consult room and an additional private space for eligibility interviews and other uses. Across the hall from the clinic is 1,500 sq. ft. of administrative space utilized by the nonprofi t.

www.bvmi.org

Comprehensive Behavioral Healthcare, Inc.Comprehensive Behavioral Healthcare, Inc., is the leader in be-havioral health care services for New Jersey and Bergen County. They are an essential member of a quality network of behavioral health care providers and is licensed by the New Jersey Depart-ment of Mental Health Services and the Division of Addiction Services.

CBHCare offers a full spectrum of behavioral health ser-vices, family support services and mental health services to help you get the treatment you need at any walk of life. CBHCare’s professionally trained, highly qualifi ed, credentialed staff assist clients with identifying the source of problems and help develop

a short term, solution-focused approach to resolving these emo-tional and behavioral diffi culties.

cbhcare.com

Coming Soon: New Medical SchoolHackensack Meridian Health and Seton Hall University have partnered to open a new medical school in Nutley and Clifton. The school—the only private medical school in New Jersey—will be on the former campus of Hoffmann-La Roche in Clifton. The New Jersey Board of Medical Examiners approved the plan in early 2015, pending the approval of the Liaison Committee on Medical Education, the group that accredits U.S. medical schools.

The partners have combined Hackensack Meridian Health’s extensive clinical and research expertise with Seton Hall’s aca-demic expertise in the sciences, nursing, and health and medical sciences. Hackensack Meridian Health‘s hospitals will be teach-ing sites for Seton Hall’s medical students. Both partners believe bringing their strengths together will create a world-class institu-tion that prepares top-fl ight future healthcare professionals.


uring the Colonial Period, New Jersey was called the breadbasket colony—an homage to the abundant crops and agriculture it provided. This status contin-

ues today in the form of food distribution, production and manufacturing, with the Meadowlands being a central hub for this critical industry. Goya Foods, the largest Hispanic food company in the United States, has been a key player of the Meadowlands’ business community since 1974. In 2015, Goya opened its new state-of-the-art corporate headquarters in the Meadowlands industrial area of Jersey City as part of a $250 million investment—and maintained its Secaucus location (previous headquarters) as a distribution hub for the company’s supply chain.

Why do so many food companies choose the Meadow-lands to set up shop? Location, infrastructure and workforce. Very often, the food industry relies on same-day deliveries and the Meadowlands places companies right in the heart of the country’s largest, most densely populated metropo-lis so they have the access to the plentiful market of stores, markets, suppliers, restaurants, businesses, households, etc. This means that an organization located here in the Mead-owlands is within a few hours of travel to the entire North-east Megalopolis—stretching from Boston down to Wash-ington D.C.—which contains over 50 million people. The advanced transit infrastructure and proximity to major Ports also postures the region and facilitates the movement need-ed for high productivity. Another key selling point for many in the food industry is the Meadowlands convenient access to the over 9,000 farms that call New Jersey home. These assets combined are a major competitive advantage for a fast-paced industry that operates and depends on tight turn-around deliveries.

With the country’s highest concentration of scientists and engineers being here in New Jersey, the Meadowlands is a prime place for businesses in the food fl avoring and in-gredients industry—and we have many such organizations located here.

Food IndustryProduction, manufacturing & distribution

Here are a few of the key food industry organizations that operate here in the Meadowlands:

• Allied Beverage Group (Carlstadt)• Bindi North America, Inc. (Kearny)• Bylada Foods (Moonachie)• Caravan Ingredients (East Rutherford)• Coca Cola (Carlstadt)• Damascus Bakery Inc. (Clifton)• Frutarom USA Inc. (North Bergen)• Goya Foods (Jersey City & Secaucus)• Grace Kennedy Foods (Moonachie)• H Mart (Lyndhurst)• La Fe Foods (Moonachie)• Megas Yeeros (Lyndhurst)• Parmalat USA Corporation (Wallington)• Pechter’s Baking Co. (Harrison)• Schar USA (Lyndhurst)• Symrise Inc (Teterboro)• Star Ravioli Manufacturing Co. (Moonachie)• Takasago Corporation USA (Teterboro)• Y International (Lyndhurst)

Incentives for Food Industry:• Manufacturing Equipment and Employment Invest-

ment Tax Credit: New Jersey food manufacturers mayqualify for a tax credit for the acquisition of equipmentand/or for the addition of employees due to equipmentinvestment.

• New Jersey Manufacturing Extension Program(NJMEP) offers technical and management solutions toassist food manufacturing companies become more pro-ductive, profi table and globally competitive.

• Loans, Loan Guarantees, Bond Financing and More:The New Jersey Economic Development Authority(NJEDA) offers a wide range of programs that provideaccess to capital to meet the specialized needs of foodmanufacturing companies, both large and small.

D

Industry Sector Focus: Food

Goya opened its new state-of-the-art corporate headquar-ters in the Meadowlands industrial area of Jersey City as part of a $250 million investment—and maintained its Se-caucus location (previous headquarters) as a distribution

hub for the company’s supply chain.

With the country’s highest concentration of scientists and engineers being here in New Jersey, the Meadowlands is a prime place for businesses in the food fl avoring and in-gredients industry—and we have many such organizations

located here.

An organization with operations here in the Meadowlands is within a few hours of travel to the entire Northeast

Megalopolis—stretching from Boston down to Washington D.C.—which contains over 50 million people.

At Quest Diagnostics, we believe in the value of foresight, the power of prediction, and, above all, the impact of information. That’s why Quest provides the cutting-edge diagnostics, life-changing data, and integrated services necessary to optimize health.

QuestDiagnostics.com

Working together for better health

Quest Diagnostics welcomes you!Quest Diagnostics1 Malcolm AvenueTeterboro, NJ 07608

43253-FIN-Meadowlands.pdf 1 7/27/17 8:31 AM


he Meadowlands is emerging as a hub for health and life science, with a re-cent increase in industry organizations

relocating to or expanding operations here. Here are some recent developments:

• Quest Diagnostics announced it wouldrelocate its headquarters to Secaucus in 2017 while also maintaining its labora-tory location in Teterboro.

• Rutherford-based Cancer Genetics Inc.announced its IPO in 2013 and offi -cially went public. The company con-tinues to grow and in 2017 it became one of the fi rst labs in the United States to launch an FDA-approved universal companion diagnostic for lung cancer.

• Hackensack University Medical Center(HUMC)—which has served the re-gion since 1888—is expanding rapidly with a larger network called Hacken-sack Meridian Health. HUMC also an-nounced a partnership with Seton Hall University to open New Jersey’s only private medical school in Clifton at the former Hoffmann-La Roche site.

Strategic locationNew Jersey is home to the highest concentra-tion of scientists and engineers in the United States, and the Meadowlands in particular benefi ts from being in very close proximi-ty to New Jersey’s hotbed of leading phar-maceutical companies. And in proximity to New York City too, of course. This location offers strategic access to local and global fi -nancial markets, regulatory centers, biotech hubs, research institutions—increasing the chances for partnerships and capital.

Life & Health Science Organizations:• Bioreference Labs (Secaucus)• Cancer Genetics, Inc. (Rutherford)• Champions Oncology Inc. (Hacken-

sack)• Corning Life Sciences (Teterboro)• Frontage Laboratories (Secaucus)• Hackensack University Medical Center

Life & Health SciencesChemical, pharmaceutical & laboratory

(Hackensack)• June Jacobs Labs LLC (Moonachie)• Kuehne Chemical Co. (Kearny)• LabCorp (Hackensack)• MRT Laboratories (Hackensack)

• Pfi zer Inc. (Secaucus)• Shiseido USA (Rutherford)• Quest Diagnostics (Teterboro facility &

new Secaucus headquarters)

T

Industry Sector Focus: Life & Health Sciences

Quest Diagnostics announced in 2017 that it is relocating its headquarters to 500 Plaza Drive in Secaucus while maintaining its laboratory location in Teterboro.


Select Institutions of Higher Education with Health & Life Science Programs:

• Berkeley College‎• Bergen Community College• Fairleigh Dickinson University• Felician University• Eastwick College• Hudson County Community College• Montclair State University• Ramapo College of New Jersey• Saint Peters University• William Paterson University• Coming Soon: New Medical School from Hackensack Uni-

versity Medical Center & Seton Hall University

Incentive Programs For Life & Health Science Organizations:• Grow New Jersey Assistance Program: Companies may

qualify for fully-transferable tax credits by creating as fewas 25 full-time jobs (10 for new technology startups).

• Technology Business Tax Certificate Transfer Program(NOL): This incentive gives biotech companies the abilityto sell their net operating tax losses and R&D tax credits.

• Founders & Funders: Emerging life sciences companiescan gain access to angel and venture capital investors.

• Angel Investor Tax Credit Program: Provides refund-able tax credits against New Jersey corporation businessor gross income tax.

• NJ CoVest Fund: Provides growth capital to early-stagetechnology and life sciences companies

201 Rockingham Row, Princeton, NJ | 609.297.2200| [email protected]


usinesses choose the Meadowlands region for its educated workforce, high density and affl uent population—and of course the ideal location just outside New York City in the heart of the Northeast corridor. We also boast world-class transportation and infrastructure,

which keep the Meadowlands economy moving forward. Here are just a few of the organizations that recently chose the Meadowlands for relocation or expansion of current operations:

Recent Expansions & RelocationsB

DAMASCUS BAKERY INC. Damascus Bakery, a Brooklyn based family-owned and operated bak-ery since 1930, has expanded operations to 65 Industrial Street South in Clifton, a 204,000 square foot industrial/warehouse building. The former GlaxoSmithKline building had recently undergone a major $10 million up-grade and renovation after Tulfra Real Estate teamed up with Hampshire Companies to acquire the building in 2015.

Damascus Bakery is a large-scale baker of paninis, pitas, roll-ups and wraps which can be found in such popular retail locations as Starbucks, Chick-fi l-A, Whole Foods, Kings and Costco, among others. The bakery currently has operation facilities in Brooklyn and Newark, and will now be with us here in Clifton.

FLOMO & GLITZZIE.COM FLOMO—a major national brand of gift bags, party supplies, gifts/nov-elty, plush, bows, ribbons, mugs, school supplies, educational products, stationery and holiday/seasonal merchandise—is a long time member of the Meadowlands business community. In 2015 they moved from their space in Teterboro to a new 20,000 sq.ft. showroom and highly effi cient 200,000 sq.ft. warehouse distribution center in Moonachie.

The company retained 100 percent of its employees through the change in location, and the move also saw the launch of its new e-marketplace ven-ture Glitzzie.com. FLOMO is owned by Nygala Corp. and it takes pride in its commitment to develop, design, manufacture, import and supply retailers with a wide selection of everyday and seasonal products.

Continued on pg. 38

MEGAS YEEROS In 2015, Greece-based Megas Yeeros LLC—producer of traditional Greek meats like souvlaki, befteki and kebab—opened a new 40,000-square-foot production and headquarters facility in Lyndhurst, creating over 100 new local jobs. The New Jersey factory, which is the company’s fi rst U.S. facil-ity, is in a single level USDA-approved plant previously used to produce sausage casings. It is set up to prevent any cross contamination from prod-ucts or personnel. The Lyndhurst factory is producing about 10,000 pounds a day in products, with a capacity of 17,000 to 18,000 pounds a day.

“Our growing company with roots in Greece will continue to expand, adding local jobs and becoming more involved in the local communities. We currently have distribution for our products throughout the northeast, Chicago, the mid-Atlantic, and Connecticut; and growing every day,” said Nikos Stergiou, General Manager of Megas Yeeros. “Megas Yeeros is quickly becoming part of the rich tradition of successful profi table compa-nies with their headquarters in New Jersey.”

FRONTAGE LABORATORIES Frontage Laboratories, the global pharmaceutical research company, opened its newest New Jersey facility in Secaucus in May 2015, with the aid of $2.44 million in Grow NJ incentives. The 36,000-square-foot facili-ty, which includes a 160-bed research center, nearly tripled the company’s clinical capacity in the United States and complements its existing facility in Hackensack.

GOYA FOODS Goya Foods, the largest Hispanic-owned food company in the United States, opened a state-of-the-art, sustainable corporate headquarters in the Meadowlands industrial area of Jersey City in April 2015. Goya was headquartered in Secaucus beginning in 1974 and they will now maintain that location as a key distribution center. Goya’s new center totals nearly 900,000 square feet on 58 acres and ensures the retention of over 500 existing local jobs and the addition of 100 new positions. A longstand-ing member of the Meadowlands business community, Goya has invested $250 million and additional resources in its facilities in the Meadowlands industrial area of Jersey City and Secaucus.

Continued on pg. 40



Y INTERNATIONAL In November 2016, Y International, one of the largest importers of U.S. food and household products to the Persian Gulf region, celebrated the opening of its fi rst U.S. warehouse and distribution center in Lyndhurst. Y International USA purchases and exports food that is “Made in the U.S.A.” from its new facility, giving manufacturers the opportunity to ex-pand their reach to the emerging markets it serves. The company, which currently has 75 employees at the 75,000-square-foot facility, is expected to employ up to 250 people at the site.

Y International USA is a division of LuLu Group International, which operates the hypermarket and retail venture LuLu Hypermarket. They operate stores in the Middle East, Asia and Africa.

QUEST DIAGNOSTICS Quest Diagnostics Incorporated, the world’s leading provider of diagnos-tic information services, relocated its corporate headquarters from Madi-son to Secaucus in September 2017. The company also operates another facility here in the Meadowlands in Teterboro and employs more than 2,300 people throughout the state.

“This decision best serves our shareholders and employees,” said Steve Rusckowski, president and CEO. “Our move to Secaucus allows us to re-tain our New Jersey employees while being in better proximity to public transportation and many of our major healthcare partners. We have deep roots in New Jersey, and we look forward to continue innovating and empowering better health with diagnostics insights in the Garden State.”


THE REALREAL The RealReal, the leader in authenticated luxury consignment, opened a 129,000 square-foot warehouse in Secaucus, moving its east coast process-ing and fulfi llment operations from an over-capacity warehouse in midtown Manhattan to the newly leased warehouse in Secaucus. The state-of-the-art facility supports the tens of thousands of luxury goods The RealReal re-ceives and processes on a monthly basis.

“We were bursting at the seams of our Manhattan and San Francisco ware-houses so the opening of our new Secaucus warehouse could not come at a better time for us operationally,” said The RealReal CEO Julie Wainwright. “From an overall brand perspective, the new warehouse represents an ex-citing milestone of growth and expansion for our thriving business and allows us to support an even greater volume of authenticated luxury goods on a daily basis.”



The Meadowlands Regional ChamberThe Meadowlands Regional Chamber is a dynamic business service organization that serves over 1,100 organizations in the Greater Meadowlands region through advocacy, networking events, entrepreneurial development, transportation/infrastructure plan-ning, education/workforce development and tourism development.

(201) 939-0707, www.meadowlands.org

The Meadowlands 2040 FoundationThe Meadowlands 2040 Foundation is an economic development “think tank”, comprised of C-Suite level business leaders from small to large companies who have invested mightily here in the Meadowlands. The mission of the 2040 Foundation is to provide a business perspective and long-term vision to plan for a growing and sustainable economy through the year 2040.

http://www.meadowlands.org/content/meadowlands-2040-founda-tion

New Jersey Economic Development AuthorityThe New Jersey Economic Development Authority (EDA) is an independent State agency that fi nances small and mid-sized busi-nesses, administers tax incentives to retain/grow jobs and revitaliz-es communities through redevelopment initiatives. It also supports entrepreneurial development by providing access to training and mentoring programs.

(866) 534-7789, www.njeda.com

Bergen County Economic Development CorporationThe Bergen County Economic Development Corporation (BCEDC) is a not-for-profi t public/private partnership between the County of Bergen and the business community. As an organization, we strive to provide the necessary tools to business owners.

(201) 336-7500, co.bergen.nj.us/index.aspx?nid=155

Bergen County Workforce Investment BoardThe Bergen County Workforce Investment Board oversees the One-Stop Career Center, and acts as a liaison between the New Jersey Department of Labor and Workforce Development (LWD) and local businesses. It connects employers to incentive programs, training grants, tax credits, on-the-job training for workers and other business-related services.

(201) 343-8830, bergenworkforce.org

Resources: Economic Development Partners For Your Business

NJ Business Action CenterThe New Jersey Business Action Center (BAC) serves as a “one-stop” shop for businesses, helping companies to stay and grow in New Jersey as well as locate to our great state. Housed within the New Jersey Department of State and reporting to the Lieutenant Governor, the BAC’s core mission is to help create and retain jobs while encouraging private capital investment in the Garden State.

(866) 534-7789, nj.gov/state/bac/

Choose New JerseyChoose New Jersey’s mission is to encourage and nurture eco-nomic growth throughout New Jersey, with a focus on our urban centers.

(609) 297-2200, www.choosenj.com

Meadowlands Publishing/MeadowlandsUSA.comMeadowlands Publishing is the communications arm of the Meadowlands Regional Chamber. It produces Meadowlands USA, a regional magazine publication that reaches people who live and work in and around the Meadowlands, as well as visitors. It is available in print and blog format. Meadowlands Publishing also produces the Meadowlands Economic Development & Relocation Guide, The Table: Metropolitan New Jersey Dining Guide and the Meadowlands Liberty Visitors Guide.

(201) 939-2942, www.meadowlandsusa.com

Meadowlands Liberty Convention & Visitors BureauThe Meadowlands Convention and Visitors Bureau (MLCVB) is the tourism & hospitality division of the Meadowlands Regional Chamber and is the destination marketing organization for the region. It has become the leading voice for the region as it seeks to attract world-class events to its venues and to develop additional tourism assets.

(877) MLCVB-US, mlcvb.com

The Retail, Hospitality and Tourism Talent NetworkThe Retail, Hospitality, and Tourism Talent Network (RHTTN) works with employers in the retail, hospitality and tourism space to help identify valuable skills in potential employees. They then as-sist future employees with getting the training they need to qualify for these retail, hospitality, and tourism jobs.

(201) 692-7266, www.rhttn.com

2018 The Meadowlands Economic Development & Relocation Guide · Meadowlands Regional Chamber Jim...

Documents

Transcript of 2018 The Meadowlands Economic Development & Relocation Guide · Meadowlands Regional Chamber Jim...