BUSINESS REPORT...Apr 03, 2018  · Precast, a leader in custom precast products for the...

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W ith a low cost of doing business and a focused eco- nomic development strategy, Vineland, NJ is building a strong, diverse economy which includes the expansion of existing businesses, the arrival of new ones and the development of a new 285-acre industrial park. A collaborative spirit exists in which both the public and private sector are invested and passion- ate about moving development initia- tives forward, which currently total more than $125 million in 2018. Vineland is conveniently located along NJ Route 55, providing a quick and direct connection to the New Jersey Turnpike and I-295. These arteries link the city with major markets along the East Coast, including Philadelphia, Balti- more, Washington D.C., and New York City. Vineland offers rail service to desti- nations across the U.S. and Canada, and is home to several trucking firms which carry market ready products in modern dry and refrigerated trailers. Additionally, freight air service and three deep water port facilities with Foreign Trade Zone status are just a short drive away. Over the past 15 months, Mayor Anthony Fanucci has brought a dis- tinctly pro-business approach to city government which comes from his background in the private sector. His progressive economic development poli- cies are encouraging the entrepreneurial spirit and attracting new capital invest- ment in industries like Food Processing, Cold Storage, and Scientific Glass. “Selecting the right location is a key component of any strategic business model,” Mayor Fanucci said. “Companies must look for the right blend of incen- tives, workforce, municipal infrastructure, and business climate to be successful. The City of Vineland offers these advantages, and much more. Our economic develop- ment team provides a one-stop source for moving projects forward through the development and approval process.” For example, the Florida based food company Pero Farms was looking to establish a new location in the North- east and found what they were looking for in Vineland. Following approval of a New Jersey Economic Development Authority (NJEDA) Grow NJ award total- ing $19 million in tax credits over 10 years, the company plans to invest $13 million to construct a new 118,400 square-foot production facility which will employ over 200. “We are excited at the prospect of building Pero’s presence in the Northeast and see Vineland as a strategic point for meeting the growing demand for our products,” said President and CEO Frank Pero. Another new arrival to Vineland is F&S Produce, which recently purchased an existing 585,000 square-foot manufac- turing plant with the help of $21.8 mil- lion in Grow NJ tax credits. According to President and CEO Sam Pipitone, Jr, “This new production facility will allow contin- ued growth within the fresh cut produce space and enable us to also fill the starch or grain and protein portions of the plate, Lucca Freezer & Cold Storage, a member of the AGRO Merchants Group, is the Northeast’s largest fruit and produce third-party logistics provider. The company provides a full range of storage, repacking, and transportation services from their 156,000-square-foot facility. New Jersey Vineland Offers Competitive Advantages in the Garden State BUSINESS REPORT PHOTO: CITY OF VINELAND 58 MARCH / APRIL 2018 THE FOOD PROCESSING SECTOR IS THRIVING IN VINELAND, A SOUTH JERSEY GEM THAT OFFERS EASE OF ACCESS TO KEY MARKETS ALONG THE EAST COAST AND IN CANADA.

Transcript of BUSINESS REPORT...Apr 03, 2018  · Precast, a leader in custom precast products for the...

Page 1: BUSINESS REPORT...Apr 03, 2018  · Precast, a leader in custom precast products for the residential, commercial building, highway infrastructure, and heavy marine construction markets.

With a low cost of doing business and a focused eco-nomic development strategy,

Vineland, NJ is building a strong, diverseeconomy which includes the expansionof existing businesses, the arrival of newones and the development of a new285-acre industrial park. A collaborativespirit exists in which both the public andprivate sector are invested and passion-ate about moving development initia-tives forward, which currently total morethan $125 million in 2018.

Vineland is conveniently locatedalong NJ Route 55, providing a quickand direct connection to the New JerseyTurnpike and I-295. These arteries linkthe city with major markets along theEast Coast, including Philadelphia, Balti-more, Washington D.C., and New YorkCity. Vineland offers rail service to desti-nations across the U.S. and Canada, andis home to several trucking firms whichcarry market ready products in moderndry and refrigerated trailers. Additionally,freight air service and three deep waterport facilities with Foreign Trade Zonestatus are just a short drive away.

Over the past 15 months, MayorAnthony Fanucci has brought a dis-tinctly pro-business approach to citygovernment which comes from hisbackground in the private sector. Hisprogressive economic development poli-cies are encouraging the entrepreneurialspirit and attracting new capital invest-ment in industries like Food Processing,Cold Storage, and Scientific Glass.

“Selecting the right location is a keycomponent of any strategic businessmodel,” Mayor Fanucci said. “Companiesmust look for the right blend of incen-tives, workforce, municipal infrastructure,and business climate to be successful. TheCity of Vineland offers these advantages,and much more. Our economic develop-ment team provides a one-stop sourcefor moving projects forward through thedevelopment and approval process.”

For example, the Florida based foodcompany Pero Farms was looking toestablish a new location in the North-

east and found what they were lookingfor in Vineland. Following approval of aNew Jersey Economic DevelopmentAuthority (NJEDA) Grow NJ award total-ing $19 million in tax credits over 10years, the company plans to invest $13million to construct a new 118,400square-foot production facility whichwill employ over 200. “We are excited atthe prospect of building Pero’s presencein the Northeast and see Vineland as astrategic point for meeting the growingdemand for our products,” said Presidentand CEO Frank Pero.

Another new arrival to Vineland is F&SProduce, which recently purchased anexisting 585,000 square-foot manufac-turing plant with the help of $21.8 mil-lion in Grow NJ tax credits. According toPresident and CEO Sam Pipitone, Jr, “Thisnew production facility will allow contin-ued growth within the fresh cut producespace and enable us to also fill the starchor grain and protein portions of the plate,

Lucca Freezer & Cold Storage, a member of the AGRO Merchants Group, is the Northeast’s largest fruit and produce third-party logistics provider. The company provides a full range of storage, repacking,

and transportation services from their 156,000-square-foot facility.

New JerseyVineland Offers Competitive Advantages in the Garden State

BUSINESS REPORT

PHOT

O: C

ITY

OF V

INEL

AND

5 8 M A R C H / A P R I L 2 0 1 8

THE FOOD PROCESSING

SECTOR IS THRIVING IN

VINELAND, A SOUTH

JERSEY GEM THAT OFFERS

EASE OF ACCESS TO KEY

MARKETS ALONG THE EAST

COAST AND IN CANADA.

Page 2: BUSINESS REPORT...Apr 03, 2018  · Precast, a leader in custom precast products for the residential, commercial building, highway infrastructure, and heavy marine construction markets.

providing fresh, healthy, and deliciouscomplete meals to our customers.”

“Vineland offers many distinct logis-tical advantages, including access toNew York and New Jersey ports, and theNew Jersey and Pennsylvania Turnpikes,”NJEDA CEO Melissa Orsen said. “The areais emerging as a hub for companies ofall sizes and industries that recognizethe benefits of a South Jersey presence.”

In fact, Vineland’s proximity to portfacilities has led to a surge in the city'scold storage sector, which alreadyincludes over 30 million cubic feet ofcapacity. Existing companies which areexpanding including First Choice Freezerand Cold Storage, and new operationslike Legacy Cold Storage, which is refur-bishing a 50,000 square-foot facility andadding an additional 42,000 square-feetof new space, are helping to fill growingcustomer demand for a variety of serv-ices including warehousing, packaging,and national distribution to major retail-ers like Walmart, Costco, and Sam’s Club.

“Exporters in countries around theworld need to know their perishableproducts will be handled in a clean,secure facility with state-of-the-arttemperature control, and that they willbe repacked in the most attractive way,”said Vineland Economic DevelopmentDirector Sandy Forosisky.

The city’s scientific glass industry isalso making international news. CorningGlass recently announced a 26,000square-foot expansion of their Vinelandfacility to support the production oftheir revolutionary new Valor Glass.

Smaller operations like RichlandGlass, which designs and produces glassand quartz components and assembliesfor electronics, lighting, medical, andindustrial clients, is also expanding. Thecompany had considered a move toeither Pennsylvania or Delaware butstaying in Vineland ultimately made themost sense. “There are different advan-tages to different areas and the city hasbeen a good home for us,” RichlandPresident Jack Carson said. “Glass work-

ing is a bit of an inherit skill in andaround Vineland. That helps in terms ofhiring talented people.”

Recognizing available space in thecity’s two existing industrial parks wasfilling up fast, city officials formed apublic-private partnership with theCumberland County Improvement

Authority and NEP Real Estate todevelop a 285-acre tract of land adja-cent to Route 55. The new industrialpark is being anchored by NortheastPrecast, a leader in custom precastproducts for the residential, commercialbuilding, highway infrastructure, andheavy marine construction markets.

B U S I N E S S FA C I L I T I E S 5 9

:

Vineland Department of Economic Development

640 E. Wood Street Vineland, NJ 08362

For more information, please call 856.794.4100,

or visit our website at www.VinelandBusiness.com

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WORK FOR YOU• Several Industrial Parks with existing infrastructure• Major interstate, rail, and air access• Over 30 million cubic feet of cold storage capacity• Low cost utility rates through the Vineland Municipal Utilities• Excellent state and local nancial incentives• Available workforce and job training programs

Tyson Foods Gerresheimer Glass

XPO LogisticsArcher Daniels Midland

Hanover Foods, and Corning Glass

that already call Vineland their home.

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