A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies...
Transcript of A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies...
Home to some of the world’s leading food companies, New Jersey has a long,
rich history in the food industry. Campbell Soup Company has called Camden
home since 1869 and continues to invest in its headquarters and the local
community.
Arizona Beverages has been brewing America’s No. 1 tea and juice-drink
brand – Arizona® Iced Tea – from its manufacturing and distribution facility
in Woodbridge since 1992. The company is doubling the size of its New Jersey
facility to introduce new products.
Goya Foods, the largest Hispanic food company in the U.S., has been
a cornerstone of the State’s business community since 1936. In April
2015, Goya unveiled its new state-of-the-art corporate headquarters and
warehouse/logistics facility in Jersey City as part of a $250 million investment
at 3 New Jersey facilities.
These are just a few of the name brands that are part of New Jersey’s thriving
$126 billion food industry and agriculture sector including thousands of food
manufacturers, distribution centers, retailers, restaurants and farms.
A Growing Food Industry Hub
NEW JERSEY
UNILEVER
PEAPOD
MONDELEZ
CAMPBELL’S
ATALANTA
IFF
DR. SCHARJUNIOR’S
WAKEFERN FOOD CORP.
PINNACLE FOODS
BAI
ARIZONA
NESTLÉ HEALTH SCIENCES
WENNER BREAD
VERONI USAGOYA FOODS
AEROFARMS
COLAVITA
STRATEGIC LOCATION AND MARKET ACCESSNew Jersey’s assets make it a natural fit for the food industry. Strategically
located in the heart of the U.S. Northeast Corridor, the State provides easy
access to one of the most affluent consumer markets in the world. Within a
2-hour drive, a distribution center in central New Jersey can serve more than
22 million consumers who collectively have nearly $800 billion in disposable
income. That is a big reason why many companies that rely on same-day
deliveries, like Jet.com and HelloFresh, are choosing New Jersey locations.
The State’s strategic location and transportation infrastructure also are
primary reasons why Wakefern Food Corporation, the nation’s largest retailer-
owned cooperative, and Atalanta, the largest privately-held food importer in
the U.S., are growing in New Jersey. Access to an extensive highway and rail
network, and 5 international airports including Newark Liberty International
airport, the Port of New York and New Jersey, the third largest port in the nation
and the largest and busiest maritime cargo center on the East Coast, makes
it easy for food companies to import and export their products from around
the world.
Many food companies are equally attracted to the State’s real estate, which
offers them a good deal more space for their money than neighboring New
York City. For example, Junior’s Cheesecake, a company that manufacturers
quintessentially New York products, made the move to New Jersey, where
competitively priced space for manufacturing and distribution facilities is
widely available.
BUFFALO
CHARLOTTE
CLEVELAND
NORFOLK
PITTSBURGH
GREENSBORO
BALTIMORE
PHILADELPHIA
ALBANY
SYRACUSEBOSTON
CHARLESTON
COLUMBIA
HARTFORD
RALEIGH
RICHMOND
PROVIDENCE
WASHINGTON DC
NEW YORK CITY
ROCHESTER
PORTLANDBURLINGTON
MONTREAL
OTTAWA
TORONTOMANCHESTER
TRENTON
GREENVILLE
400mi
300mi
200mi
161km
322km
483km
644km
100mi
BIG-MARKET ACCESS,
TALENT AND A STRONG
AGRICULTURAL BASE MAKE
NEW JERSEY A NATURAL FIT
FOR THE FOOD INDUSTRY.
Cheryl Williams,Chief Information Officer,Wakefern Food Corporation
NJ'S FOOD INDUSTRYBY THE NUMBERS
MARITIME CARGO CENTER ON
THE EAST COAST
FOREIGN TRADE ZONES
OF THE TOP 10 FLAVOR AND
FRAGRANCE COMPANIES
WORLDWIDE
FOOD COMPANIES
HEADQUARTERED IN NEW
JERSEY
MILES OF FREIGHT LINES
MILES OF INTERSTATES AND
HIGHWAYS
FARMS
EMPLOYED IN FOOD
MANUFACTURING
FOOD ESTABLISHMENTS
CONSUMERS WITHIN A
2-HOUR DRIVE OF A CENTRAL
JERSEY DISTRIBUTION
FACILITY
#1
5
10
107
1,000
2,800
9,000
33,000
50,000
22 MILLION
A HIGHLY EDUCATED WORKFORCENew Jersey has one of the most highly-educated workforces in the nation,
with more scientists and engineers per square mile than anywhere in the
world. As a result, big brands, including Pinnacle Foods and Unilever, not
only have headquarters and distribution facilities in New Jersey, but R&D and
innovation centers as well. In fact, decision makers at Nestlé Health Science,
the subsidiary of the Swiss food and beverage giant, chose New Jersey for
their new headquarters and R&D facility, citing the “commercial and technical
competence” of the State’s workforce as a key factor in the company’s
decision.
The availability of top talent also has been a factor in the growth of other food
sectors. For example, New Jersey has become home to the worlds’ leading
flavor, fragrance and ingredient manufacturers, including ten of the top
ten companies worldwide. At last count, this sector totaled 128 firms that
collectively had gross annual sales of $5.2 billion.
Fueling the food industry’s talent pipeline are New Jersey’s 63 colleges and
universities, including Rutgers, the State University of New Jersey. Rutgers
offers a number of highly specialized programs for the food industry, including
the award-winning Rutgers Food Innovation Center in Bridgeton.
The Food Innovation Center is a unique food business incubator that offers
client companies training, research and business support. It also offers a
state-of-the-art USDA and FDA-inspected food processing facility to help
start-up and established food companies grow their product offerings and
test for U.S. production. The Food Innovation Center has served more than
1,500 clients since 2001. It is the only food incubator in the world with a “Soft
Landings” designation from the International Business Innovation Association,
recognizing its expertise in serving foreign companies interested in expanding
into the U.S. market.
INCENTIVES TO SUPPORT GROWTH
New Jersey streamlined its financial incentive programs through
the 2013 Economic Opportunity Act, which has made it easier for
companies to qualify for fully transferable tax credits. Companies may
qualify for tax breaks by creating as few as 25 full-time jobs (10 for new
technology startups and manufacturing businesses). The following
program may be especially useful to New Jersey food companies:
Grow New Jersey Assistance Program (Grow NJ): Provides tax credits
ranging from $500 to $5,000 per job, per year, for up to 10 years, with
numerous bonus credits each ranging from $250 to $3,000 per job,
per year if the project meets certain requirements. Maximum awards
can reach as high as $15,000 per job, per year, and projects can earn
up to $350 million over 10 years in certain targeted locations.
SECAUCUS HAS BEEN HOME TO GOYA
FOR ALMOST 40 YEARS. IT WAS
IMPORTANT FOR US TO STAY IN NEW
JERSEY AND TO CONTINUE TO MAKE A
STRONG IMPACT ON THE COMMUNITIES
THAT WE SERVE IN THE METRO AREA
AND BEYOND. WE BELIEVE THAT IN
OUR NEW SPACE, GOYA WILL CONTINUE
TO DELIVER THE BEST POSSIBLE
SERVICE TO OUR LOYAL CONSUMERS
AND CUSTOMERS.Peter Unanue, Executive Vice President, Goya Foods
OTHER RESOURCES FOR FOOD COMPANIESLoans, Loan Guarantees, Bond Financing and More: The New Jersey
Economic Development Authority proffers a wide range of programs that
provide access to capital for meeting the specialized needs of manufacturing
companies large and small.
Manufacturing Equipment and Employment Investment Tax Credit:
New Jersey manufacturers may qualify for a tax credit for the acquisition of
manufacturing equipment and/or for an increase in New Jersey employees
due to that equipment investment.
New Jersey Manufacturing Extension Program (NJMEP): The NJMEP
program provides technical and management solutions to assist
manufacturing companies to become more productive, profitable and globally
competitive.
New Jersey’s Food Industry Talent Network (FITN): The FITN, led by the
Rutgers Food Innovation Center, builds partnerships by connecting the
manufacturing industry with businesses, educational institutions, workforce
organizations, training groups, and community-based organizations to
develop and support advanced manufacturing in the Garden State and
formulate strategies for competing at the regional, national, and global levels.
Skills Partnership Grants: Customized training grants provide employers up
to 50% cost reimbursement assistance to train employees to meet current
and future skills requirements. Since 2010, the New Jersey Department of
Labor and Workforce Development has invested nearly $10 million to provide
training assistance to more than 120 food companies.
Unlike many U.S. states, New Jersey has no personal property tax on
machinery, equipment or inventory.
Burlington County
1,287
Ocean County
690
Mercer County
467Monmouth County
1,476
Middlesex County
2,746
Camden County
3,729
Cape May County
Atlantic County
252
Cumberland County
3,033
Salem County
Gloucester County
1,617
Somerset County
603
Hunterdon County
Warren County
Morris County
1,012
Sussex County
Passaic County
2,492
Bergen County
5,014
Essex County
3,031
Union County
2,337
HudsonCounty
2,212
2016 Food Manufacturing Employment
5,000-3,501
3,500-2,501
2,500-1,501
1,500-501
500-1
New Jersey Total: 33,346
Data Source: Quarterly Census of Employment & Wages, 2016 Annual Averages, NJLWD
FOOD MANUFACTURING EMPLOYMENT
ACCESS TO ROADS, RAIL & MAJOR CITIES
Train Stations Major HighwaysNew Jersey Cities
Philadelphia
New York City
Jersey City
Princeton
Trenton
Camden
Hoboken
Newark
Atlantic City
New Brunswick
Parsippany
Bridgewater
Morristown
ACCESS TO AIR & WATER TRANSPORTATION
Newark Liberty International
Teterboro Airport
Morristown Municipal Airport
Linden Airport
Essex County Airport
Princeton Airport
Central Jersey Regional Airport
Trenton-Mercer Airport
Monmouth Executive Airport
South Jersey Regional
Cape May County Airport
Atlantic City Int’l Airport
George Washington Bridge Heliport
Newport Helistop
Paulus Hook Pier Helistop
Liberty State Park Helistop
Kearny Helistop Heliport
Carnegie Center Heliport
185 Monmouth Parkway
Associates Helistop Heliport
Hargrove Heliport
Bridgeton Heliport
Port Newark/Elizabeth
Bayonne Piers
Port of Camden
Port of Paulsboro
Port of Salem
EdgewaterPort Imperial Weehawken
Lincoln Harbor
Hoboken North
Hoboken
Liberty Harbor
Liberty Landing Marina
Port Liberte
Atlantic HighlandsBelford-Harbor Way
Paulus Hook Pier
Newport
Airports PortsFerriesHelipads
ACCESS TO EDUCATION
Princeton University
The College of New Jersey
Rutgers University- New Brunswick
Rutgers University- Newark
Rutgers University- Camden
Rowan University
Montclair State University
New Jersey Institute of Technology
Stevens Institute of Technology
New Jersey City University
William Paterson University
Thomas Edison State University
Fairleigh Dickinson University
Stockton University
Monmouth University
Rider University
Seton Hall University
Ramapo College of New Jersey
St. Peter’s University
4-Year Universities
FOOD COMPANY CLUSTERS (SELECTED)
Campbell Soup Company
Mondelez
Mars Chocolate
Wenner Bread
Dr. Schar
Unilever
Readington Farms
Ready Pac Produce
Bai Brands
Bridor USA, Inc.
Pinnacle Foods
Goya FoodsHelloFresh
Peapod
Wakefern Food Corp.
Wakefern Food Corp.
Atalanta
B&G Foods
Birds Eye Foods
Cadbury Adams
Clement Pappas & Co.
Firmenich
Fratelli Beretta
Frutarom
Frutarom
J&J Snack Foods Corp.
Johanna Foods Inc
Junior’s Cheesecake
MANE
Givaudan
Missa Bay
Nestlé Health Science
Parmalat
Pechter’s Baking Co
Post Foods
Tropical Cheese Industries
Takasago
Symrise
Sensient
Star Snacks
Robertet
Robertet
AeroFarms
Colavita
Dr. Schar
Veroni USA
Food Manufacturing Companies (A Representative Sampling)
Burlington County
96.7%
Ocean County
98.1%
Mercer County
97.8%Monmouth County
99.5%
Middlesex County
98.8%
Camden County
97.1%
Cape May County
97.4%
Atlantic County
95.9%
Cumberland County
93.6%
Salem County
95.7%
Gloucester County
98.1%
Somerset County
99.5%
Hunterdon County
98%
Warren County
98.6% Morris County
99.9%
Sussex County
100%Passaic County
100%
Bergen County
99.9%
Essex County
99.2%
Union County
99.7%
HudsonCounty99.2%
Broadband Coverage100 mbps
100-97%
96-90%
89-60%
59-30%
29-0%
Data Source: Broadbandnow.com (Sourced from: The
Broadband Commission, Federal Communications
Commission, United States Department of Commerce),
February 2018
#1 Most
Connected State
99% have access to wired broadband
(25 mbps or faster)
99% have access to wired broadband
(100 mbps or faster)
BROADBAND COVERAGE IN NEW JERSEY
WHY CHOOSE NEW JERSEY
HIGHLY EDUCATED WORKFORCE• 39% of the workforce has a bachelor’s degree or higher
• Highest concentration of scientists and engineers in
the world
• Ranked #2 for education in US News & World Report’s
2017 “Best States for Education”
• 63 colleges and universities, including Princeton
University, Rutgers University, Rowan University, New
Jersey Institute of Technology and Stevens Institute of
Technology
STRATEGIC LOCATION• At the heart of the Northeast Corridor—#1 distribution
market in the U.S.
• Within a two-hour drive of 22 million consumers with
$800 billion in income
• Within one day’s drive to 130 million consumers with
$3 trillion in disposable income
• #1 Largest Seaport on the East Coast
• #3 Busiest Seaport in North America
INTERNATIONAL GATEWAY • 270+ U.S. headquarters of foreign companies
• 21 Fortune 500 Companies and 4 Global 500
headquarters
• Comprehensive network of world-class seaports and
airports
• Nonstop flights to 130 international destinations
GENEROUS INCENTIVES• With the Grow NJ Assistance program, companies may
qualify for fully-transferable tax credits by creating as
few as 25 full-time jobs or retaining 35 full-time jobs.
Manufacturers may qualify by creating as few as 10
full-time jobs or retaining 25 full-time jobs.
FIRST-CLASS QUALITY OF LIFE• Diverse population with communities of interest for
international companies
• 130 miles of beaches, four professional sports teams,
rich arts and culture
• #1 Best Small City in the Country (Princeton)
• #1 Beach in America (Ocean City)
CONTACT Choose New Jersey, Inc.
201 Rockingham Row
Princeton Forrestal Village
Princeton, New Jersey 08540
phone: 609-297-2200
www.choosenj.com
ABOUT CHOOSE NEW JERSEY, INC.Founded in 2010, Choose New Jersey’s mission is to encourage and nurture
economic growth throughout New Jersey, with a focus on our urban centers.
Through integrated marketing and business attraction and retention efforts,
we stimulate job creation and capital investment, and collaborate with the
State’s universities to encourage research, discovery, and innovation.
Privately funded, Choose New Jersey is supported by a prominent group of
leaders from many of the State’s Fortune 500 and other top companies,
such as privately-held ventures, labor organizations, associations, and higher
education institutions. These organizations represent 1.25 million people, or
nearly one-quarter of the State’s private-sector workforce.
Choose New Jersey markets the State as a premier business location to both
domestic and international businesses, and offers companies interested in
locating or expanding in New Jersey a full range of complimentary services to
ensure a smooth process from planning through move-in including:
• Customized RFP responses
• Market assessment and planning services
• Site visits
• State assistance information
• Connections to a wide range of services provided by our public and
private partners ― from regulatory and legal assistance to workforce
training.
Frank Danieli
Economic Development Associate
phone: 609.297.2196
email: [email protected]
© 2018 Choose New Jersey, Inc., a private 501(c)(3) corporation. R 2/18