A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies...

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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. SCHAR JUNIOR’S WAKEFERN FOOD CORP. PINNACLE FOODS BAI ARIZONA NESTLÉ HEALTH SCIENCES WENNER BREAD VERONI USA GOYA FOODS AEROFARMS COLAVITA

Transcript of A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies...

Page 1: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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

Page 2: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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

Page 3: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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.

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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

Page 5: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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.

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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

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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

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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

Page 9: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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

Page 10: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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)

Page 11: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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

Page 12: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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)

Page 13: A Growing Food Industry Hub - Choose New Jerseyof the top 10 flavor and fragrance companies worldwide food companies headquartered in new jersey miles of freight lines miles of interstates

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