The number of logistics and distribution centers moving to or expanding in New Jersey is no accident. It’s strategic. Our perfect location in the heart of the U.S. Northeast Corridor gives companies access to one of the most concentrated and affluent consumer markets in the world.
Here are just a few of the logistics companies that recently chose New Jersey for relocation or expansion.
In January 2013, Amazon announced it would establish a one million-square-foot fulfillment center in Robbinsville. The facility has since brought more than 2,000 jobs to the Garden State. In May 2015, the E-commerce giant announced plans to double down on its investment with a second state-of-the-art fulfillment center in Carteret, bringing Amazon’s total footprint in New Jersey to more than 2.5 million-square-feet. Amazon’s vice president of North American operations, Mike Roth, commented about doing business in New Jersey in a press statement about the expansion: “New Jersey is a great state to do business and we are happy to be expanding there to serve customers in the region.” The new facility has the potential to create approximately 500 additional full-time jobs.
Ascena Retail Group
Ascena Retail Group and dressbarn invested $53 million to build a new 195,000-square-foot North American headquarters in Mahwah, bringing 575 jobs to New Jersey when it opened in April 2014. The company was approved for a $32.4 million, 10-year subsidy in 2013—making it the first headquarters project in New Jersey to receive incentives under the Economic Development Authority’s Legacy Grow New Jersey Assistance Program.
Destination Maternity Corporation
Destination Maternity Corporation, the world’s largest designer and retailer of maternity apparel, moved its corporate headquarters from Philadelphia to a renovated 74,000-square-foot Class A office building in Moorestown, New Jersey in 2014. The same year, the company broke ground on a state-of-the-art 400,000-square-foot build-to-suit distribution center in Florence Township. The company was awarded $40 million in Grow NJ incentives for the projects.
Goya Foods, the largest Hispanic-owned food company in the United States, opened new state-of-the-art, sustainable corporate headquarters in Jersey City in April 2015. Goya’s new center totals nearly 900,000 square feet on 58 acres of land and ensures the retention of over 500 existing local jobs and the addition of 100 new positions. A long standing member of New Jersey’s business community, Goya has invested $250 million and additional resources in its facilities in Jersey City, Secaucus and Pedricktown.
Peapod, the online grocery seller, signed a long-term lease for 345,000 square feet of industrial space in Jersey City to service its New York Metropolitan area customers. The company had searched for a similar site in New York since its business required close proximity to Manhattan, but found the Jersey City location to be a viable, more affordable option. Peapod was awarded a $34.6 million Urban Transit Hub incentive to create 380 jobs in the State.
Pinnacle Freight Systems
Pinnacle Freight Systems announced plans this year to move its operations from Raritan Center to a new warehouse and distribution center in Florence, New Jersey. The company sought a new facility to accommodate different temperature ranges and expand its freight volume.
Wakefern Food Corporation
Wakefern Food Corporation, the largest retailer-owned cooperative in the United States, recently opened a new $50 million, 524,000 square-foot dry goods warehouse and distribution facility in Elizabeth as a main distribution hub for ShopRite stores in the region. Headquartered in Keasbey, Wakefern operates more than 2.5 million square feet of grocery and non-food warehousing. The company distributes non-perishable food products to ShopRite, PriceRite and The Fresh Grocer stores across nine states.
W.W. Grainger, a leading supplier of maintenance, repair and operating products, announced the purchase of 96 acres of land in Bordentown to build a 1.3 million square-foot distribution center on its property. By 2016, the company expects to employ more than 400 individuals at its new facility, primarily in warehouse operations. Grainger currently operates 11 locations in New Jersey, which includes 10 branches throughout the State and a distribution center in Robbinsville.
UPS broke ground on its new 200,000-square-foot innovation center in Parsippany in April, 2016. The state-of-the-art complex will house approximately 900 developers and IT professionals who are part of a New Jersey IT team of more than 2,000. UPS was awarded a $40 million Grow NJ tax incentive over 10 years for the retention of 700 jobs. The center is scheduled to open in 2017.