2018 The Meadowlands Economic Development & Relocation Guide

The Business Resource Guide for the Greater Meadowlands Region

Business Grows Here. Just miles from New York City and in the heart of the Northeast Corridor.

Photo by Lauren Turiello

Economic Profile: Metrics, Magnitude & Movement

Photo by Jair Cabal Key Sector Updates

Movement In The Meadowlands: Relocations & Expansions

Resources & Information For Incoming Businesses This publication is Meadowlands 2040 Foundation: Board of Trustees brought to you by

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. Chairman Fletch Creamer Vice Chairman Rich Branca, CEO of Dominick D’Agosta The Meadowlands 2040 Foundation is excited to present another of J. Fletcher Creamer Bill Hanson of Bergen Engineering a former senior edition of this guide, aimed at highlighting the thriving business climate & Son NAI James E. Hanson banking executive 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. Alex Klatskin, Jim Napolitano, Ed Russo, John Saraceno, CEO of Forsgate James R. Napolitano CEO of Russo Principal of Onyx Now a full installed foundation, one of the driving goals for the Industrial Partners Development Equities 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 Senator Anthony Peter Unanue, Jim Kirkos, CEO of the area for those who live and work here. Scardino Jr., former COO of Goya Foods Meadowlands Regional Today the Meadowlands Regional 2040 Foundation has a ten Mayor & NJ Senator of Chamber Anthony Scardino & member board of trustees led by Chairman Fletch Creamer of J. Fletcher Associates, Inc. Creamer & Son and Vice Chair Bill Hanson of NAI James E. Hanson.

Published By: Meadowlands 2040 Foundation

Supported By: Forsgate Industrial Partners NJM Insurance Group PSEG 12 22 36 Production Partners: Meadowlands Regional Chamber, Meadowlands Liberty Convention & Visitors Bureau 6 Snapshot of the Greater Meadowlands Region Meadowlands Publishing/Meadowlands USA 8 Metrics, Magnitude & Movement: Facts & Stats 201 Route 17 North Rutherford NJ 07070 12 Focus On The Municipalities (201) 939-0707 www.meadowlands.org 18 Bergen County At Your Fingertips Managing Editor: 20 Hudson County Works For You Joe Garavente, Meadowlands Publishing 22 Made In The Meadowlands: A Manufacturing Mainstay Advertising Director: Martha Morley, Greer Enterprises, Inc. 24 LIVE From The Meadowlands: Hospitourism Design: 28 Keeping The Meadowlands Healthy: Healthcare & Social Services Evan Eagleson, Eighty6 30 Food Industry: Production, Manufacturing & Distribution Distribution Partners: New Jersey Economic Development Authority, 32 Life & Health Sciences: Chemical, Pharmaceutical & Laboratory Choose New Jersey, Bergen County Economic Development Corporation, Hudson County 36 Relocations & Expansions: Movement In The Meadowlands Economic Development Corporation, The Retail, Hospitality and Tourism Talent Network, 42 Your Business Resource Partners New Jersey Sports & Exposition Authority

If you would like more copies of this guide, please contact Meadowlands Publishing at (201) 939-0707. MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 3 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.

he Greater Meadowlands region is an economic powerhouse that positions local Tbusinesses 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.

An industrial view from the Meadowlands, We invite you to discover how your business can grow with us in 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 The Meadowlands is serviced by NJ Transit’s extensive network of rail and bus routes. of trails, estuaries and protected marshlands. PUBLISHED BY: BY: SUPPORTED A THRIVING ECOSYSTEM OF ECONOMIC OPPORTUNITY

Home to the largest business growth & GDP growth in New Jersey. –SmartAsset

QUICK STATS Total Population: 964,665 people Median Household Income: $72,280 Labor Force: 514,955 people Number of Employers: 41,291 Office & Industrial Space: Over 25 million sq. ft. in the Greater Meadowlands region (excluding 14.5 million sq. ft in Jersey City); Over Discover how your business can grow in the Meadowlands. 40 million sq. ft. in total

ADVANTAGES & BENEFITS Ideal 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)

Pictured here is Park Avenue in Rutherford. The Meadowlands hosts Adjacent to Port of New York and New Jersey, the largest port on the several downtown business districts. 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 LIVE from the Meadowlands. The Meadowlands Sports & Entertain- ment Complex in East Rutherford is home to MetLife Stadium, New indicators 22 percent higher than national average in the United States York Giants, New York Jets, Meadowlands Racing & Entertainment and more projects to come. Photo by Anthony Quintano.

For more information contact (201) 939-0707 or email [email protected] A special thank you to our economic development partners (see page 42) SUPPORTED BY: SUPPORTED The Greater Meadowlands: Measurements, Magnitude & Movement

he Greater Meadowlands Region is an economic engine. Al- Here are some key facts, fi gures & information for the Mead- though we are just a few miles away from Manhattan and are owlands: Twell-connected to the entire metropolitan region, we are more than just New York City’s backyard. We are a well-established, vi- People brant, thriving and welcoming business community. We host not The total population covered by the Meadowlands is 964,600 peo- just an ecosystem of rebounding, fl ourishing nature but also a surg- ple (697,884 people without Jersey City, the second largest city in ing ecosystem of profound economic opportunity and boundless the state) and the median age is 38, which is slightly younger than connections. the 39 year median age of New Jersey overall, according to Census data.

The Meadowlands is home to 964,600 people.

Educational Attainment We have a highly educated population and the majority of the peo- We are home to the largest business growth & GDP growth ple in the Meadowlands has completed at least a high school de- in New Jersey, according to SmartAsset. Businesses choose the gree. 41.5 percent of the population has completed a college degree, Meadowlands for its location, business connections, transportation, compared with approximately 33 percent of the American popula- workforce, cultural diversity and quality of work & life. tion overall according to Census data.

“Home to the largest business growth & GDP growth in New Jersey.” –SmartAsset [Hudson & Bergen Counties]

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 41.5 percent of the population has completed a Mountain Industries, Samsung, HackensackUMC and The Chil- dren’s Place just to name a few. We also have a growing number college degree, compared with 33 percent of the of startups and small businesses that call the Meadowlands home. American population overall.

8 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Here is a breakdown of the some of the top jobs by occupation “Quest Diagnostics based its single largest in the area: 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. 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 & Jobs The leading industries in the Meadowlands by job measurement are Healthcare & Social Services, Retail & Hospitality, Professional/ Scientifi c/Technical Services and Manufacturing.

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

“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 There are over 41,000 employers in the Meadow- growing economy, and is positioned as an important transportation link within the general NYC metropolitan lands, employing over 452,000 people. area. Therefore the Meadowlands is an important driver of the State’s economy and hosts world class sports “Goya Foods has invested almost $1 billion in a and entertainment venues. For over 30 years we have new 650,000 square-foot headquarters facility been involved and have actively supported the Chamber and the growth and development of the Meadowlands and state of the art distribution center here in the region.” Meadowlands. The future of the region is critically –Daniel Baer AICP, Senior Vice President, National Planning Lead, WSP important to our business and our family.” (formerly WSP-Parsons Brinckerhoff) –-Peter Unanue, COO of Goya Foods Continued on pg. 10

MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 9 The Greater Meadowlands

Continued from pg. 9

Office & Industrial Office Space “Scarinci Hollenbeck has had deep roots in the The Greater Meadowlands region hosts over 40 million sq. ft. of of- Meadowlands for nearly three decades, and the fi ce and industrial space, according to Offi ceSpace.com. Excluding Jersey City, the Meadowlands region has over 25 million sq. ft. of location has served us well. It is a thriving envi- offi ce and industrial space and Jersey City alone has 14.5 million ronment, offering proximity to both our New Jersey sq. ft. and New York City offices, and it encompasses both evolving business and residential communities. As From Startups to Corporations developers continue to seek areas for new con- The Meadowlands is home to businesses of all different sizes, from small startups to mid- and large-sized corporations. struction to meet the increased market demand, our firm continues to play a prominent role in the Income & Spending Meadowlands’ economic transformation.” -Kenneth J. Hollenbeck, Managing Partner, The median income is 40 percent higher Scarinci Hollenbeck, Attorneys at Law than the median household income for the overall United States. Consumer spending index is 22 percent Households in the Meadowlands earn a median yearly income higher than the national average in the of $72,280, with more households in the ‘greater than $100,000’ income bracket than any other bracket. The median income is 40 United States. 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.

Transportation The 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. 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.

“At PSE&G, we understand the critical role that safe, reliable energy plays in keeping our economy strong. The Greater Meadowlands Region is serviced by several state Our customers expect the lights to stay on and the gas and interstate highways, as well as the New Jersey Turnpike which to keep flowing even during severe weather. That’s why runs right through it. The Garden State Parkway borders the west- ern part of the region. The Greater Meadowlands region connects we have been investing billions of dollars in electric three Hudson River crossings into Manhattan—the Holland Tun- and gas system upgrades throughout our territory to nel, Lincoln Tunnel and the George Washington Bridge. make sure businesses in the Meadowlands have the energy they need to grow and prosper.” The average commute time in the Meadowlands is 28 –-John Latka, Senior Vice President of Electric minutes, less than the average commute time in New Jersey and Gas Operations at PSE&G overall and in the New York Metropolitan region overall.

10 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org The Greater Meadowlands

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 Incentives There 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

“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. Municipality Profiles

Website: www.cliffsideparknj.gov Garfield Bergen County Population in 2010: 23,594 Mayor: Richard Rigoglioso Population in 2017: 25,093 Telephone Number: (973) 340-2000 Bogota Percent Change: 6.4 percent Website: www.garfi eldnj.org Mayor: Christopher M. Kelemen Median Household Income: $62,589 Population in 2010: 30,487 Telephone Number: (201) 342-1736 Median Home Value: $471,000 Population in 2017: 31,820 Website: www.bogotaonline.org Percent Change: 4.4 percent Population in 2010: 8,187 Median Household Income: $50,534 Population in 2017: 8,398 East Rutherford Median Home Value: $336,800 Percent Change: 2.6 percent Mayor: James L. Cassella Key Employer: Fidelity Care Inc. Median Household Income: $83,218 Telephone Number: (201) 933-3444 Median Home Value: $334,450 Website: www.eastrutherfordnj.net Key Employer: Bogota Savings Bank Population in 2010: 8,913 Hackensack Population in 2017: 9,214 Mayor: John P. Labrosse, Jr. Percent Change: 3.4 percent Telephone Number: (201) 646-3980 Carlstadt Median Household Income: $76,286 Website: www.hackensack.org Mayor: Craig Lahullier Median Home Value: $380,900 Population in 2010: 43,010 Telephone Number: (201) 939-2850 Key Employers: Allied Building Prod- Population in 2017: 45,368 Website: www.carlstadtnj.us ucts Corporation; MWWPR; Branca Percent Change: 5.5 percent Population in 2010: 6,127 Properties Inc.; The Alpine Group, Inc.; Median Household Income: $58,625 Population in 2017: 6,270 New York Giants; New York Jets; Mead- Median Home Value: $308,400 Percent Change: 2.3 percent owlands Racetrack Key Employers: J. Fletcher Creamer & Median Household Income: $79,380 Son Inc.; Hackensack University Medical Median Home Value: $402,100 Center; Innodata, Inc.; NAI James E. Key Employers: Allied Beverage Group Fairview Hanson L.L.C.; Pinnacle Environmental Corpora- Mayor: Vincent Bellucci Jr. tion; Unimac Graphics; Russo Develop- Telephone Number: (201) 943-3300 ment LLC; Onyx Equities LLC Website: fairviewborough.com Hasbrouck Heights Population in 2010: 13,835 Mayor: Jack DeLorenzo Population in 2017: 14,536 Telephone Number: (201) 288-0195 Cliffside Park Percent Change: 5.1 percent Website: www.hasbrouck-heights.nj.us Mayor: Thomas Calabrese Median Household Income: $55,608 Population in 2010: 11,842 Telephone Number: (201) 945-3456 Median Home Value: $381,100 Population in 2017: 12,267

The Meadowlands Sports & Entertainment Complex in East Rutherford is home to the New Bergen County Court House in Hackensack is nearby to many legal and York Giants, New York Jets and the Meadowlands Racetrack. Pictured here is the Victory professional service fi rms. Terrace at Meadowlands Racetrack.

12 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Percent Change: 3.6 percent Population in 2010: 24,136 Website: www.northarlington.org Median Household Income: $92,728 Population in 2017: 24,988 Population in 2010: 15,392 Median Home Value: $414,100 Percent Change: 3.5 percent Population in 2017: 15,965 Key Employers: Shin Ei Fuji of Median Household Income: $52,453 Percent Change: 3.7 percent Hasbrouck Heights, Inc.; Motor Inn Median Home Value: $378,000 Median Household Income: $77,357 Associates, LLC Key Employers: Labor Ready; Atlantic Median Home Value: $368,300 Detroit Diesel-Allison, LLC; The Star Key Employers: AM Cosmetics Inc.; Group Labor Management Concepts, Inc. Leonia Mayor: Judah Zeigler Telephone Number: (201) 592-5780 Lyndhurst Palisades Park Website: http://www.leonianj.gov/ Mayor: Robert B. Giangeruso Mayor: James Rotundo Population in 2010: 8,937 Telephone Number: (201) 804-2457 Telephone Number: (201) 585-4100 Population in 2017: 9,261 Website: www.lyndhurstnj.org Website: www.palisadesparknj.us Percent Change: 3.6 percent Population in 2010: 20,554 Population in 2010: 19,622 Median Household Income: $84,228 Population in 2017: 22,733 Population in 2017: 20,890 Median Home Value: $499,000 Percent Change: 10.6 percent Percent Change: 6.5 percent Key Employers: Field Station: Dino- Median Household Income: $75,379 Median Household Income: $63,895 saurs Median Home Value: $354,000 Median Home Value: $596,400 Key Employers: Alpha Industries, Inc.; Key Employer: Time Warner Cable Polo/Ralph Lauren Little Ferry Mayor: Mauro D. Raguseo Ridgefield Telephone Number: (201) 641-9234 Moonachie Mayor: Anthony Suarez Website: www.littleferrynj.org Mayor: Dennis Vaccaro Telephone Number: (201) 943-5215 Population in 2010: 10,626 Telephone Number: (201) 641-1813 Website: www.ridgefi eldnj.gov Population in 2017: 11,024 Website: www.moonachie.us Population in 2010: 11,032 Percent Change: 3.7 percent Population in 2010: 2,708 Population in 2017: 11,380 Median Household Income: $69,466 Population in 2017: 2,810 Percent Change: 3.2 percent Median Home Value: $334,500 Percent Change: 3.8 percent Median Household Income: $74,428 Key Employers: Dassault Falcon Jet Median Household Income: $68,040 Median Home Value: $459,000 Corp.; Gates Realty Corp.; Arcari & Median Home Value: $568,300 Key Employer: Carolace Embroidery Iovino Architects PC Key Employers: Avanti Linens; LPS Co., Inc. Industries Inc.; FLOMO/Glitzzie

Lodi Ridgefield Park Mayor: Emil Carafa, Jr. North Arlington Mayor: George D. Fosdick Telephone Number: (973) 365-4005 Mayor: Joseph Bianchi Telephone Number: (201) 641-4950 Website: www.lodi-nj.org Telephone Number: (201) 991-6060 Website: www.ridgefi eldpark.org Continued on pg. 14

Overpeck Park features trails, recreational facilities and conservation areas with The Marsh Discovery Trail in Lyndhurst’s DeKorte Park provides up-close sections in Leonia, Palisades Park, Ridgefi eld Park and Teaneck. vantage points to observe and photograph the beauty of the Meadowlands.

MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 13 Municipality Profiles

Continued from pg. 13 Population in 2010: 12,729 Teaneck Median Home Value: $374,600 Population in 2017: 13,105 Mayor: John P. Watt Key Employers: Farmland Dairies LLC; Percent Change: 3.0 percent Telephone Number: (201) 837-1600 McNally International Corp. Median Household Income: $69,178 Website: www.teanecknj.gov Median Home Value: $336,500 Population in 2010: 39,776 Key Employers: Samsung Electronics Population in 2017: 41,121 Wood-Ridge American, Inc.; FORT Group Percent Change: 3.4 percent Mayor: Paul A. Sarlo Median Household Income: $99,494 Telephone Number: (201) 939-0202 Median Home Value: $382,800 Website: www.wood-ridgenj.org Rutherford Key Employers: Holy Name Hospital; Population in 2010: 7,626 Mayor: Joseph DeSalvo, Jr. Cognizant Technology Solutions Population in 2017: 8,599 Telephone Number: (201) 460-3001 Percent Change: 12.8 percent Website: www.rutherford-nj.com Median Household Income: $99,331 Population in 2010: 18,061 Teterboro Median Home Value: $341,000 Population in 2017: 18,915 Mayor: Mohammed Hameeduddin Key Employers: Terminal Construction Percent Change: 4.7 percent Telephone Number: (201) 288-1200 Corporation; Meadowlink/EZ Ride; Median Household Income: $89,524 Website: www.teterboro-online.com Fujitec Elevator Co. Inc. Median Home Value: $470,800 Population in 2010: 67 Key Employers: Cancer Genetics, Inc.; Population in 2017: 71 Boiling Springs Savings Bank; New- Percent Change: 6.0 percent mark Grubb Knight Frank; Robert Half Key Employers: Teterboro Airport; International Quest Diagnostics Clinical Laboratories, Inc.; Jet Aviation; Forsgate Industrial Partners South Hackensack Mayor: Gary Brugger Telephone Number: (201) 440-1815 Wallington Website: www.southhackensacknj.org Mayor: Mark W. Tomko Population in 2010: 2,652 Telephone Number: (973) 777-0318 Population in 2017: 2,469 Website: www.wallingtonnj.org Median Household Income: $72,014 Population in 2010: 11,335 Median Home Value: $424,300 Population in 2017: 11,712 Key Employers: Naturex Inc.; Boswell Percent Change: 3.3 percent Engineering Median Household Income: $59,287 Continued on pg. 16

Teterboro Airport is owned and managed by the Port Authority of New York and New Jersey. The Meadows Offi ce Complex in Rutherford. The Meadowlands is home to over Newark Liberty International Airport is also just 10 miles away, conveniently connecting the 40 million sq. ft. of offi ce and industrial space. region to hundreds of cities nationally and internationally.

14 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Bergen County All You Need To Know, All At Your Fingertips BergenForBusiness.com is your single source for all things Bergen County

can talk about Bergen County all day, tails, contact names and turn-by-turn your fi ngertips 24/7 will lead to tremen- but you need answers now. Consider driving directions dous growth opportunities. With Bergen- IBergenForBusiness.com your online, • Labor market analysis ForBusiness.com, we have site selectors, 24/7 executive report. • Key industry clusters investors, real estate professionals, mayors, As Director of the Bergen County • Number of establishments (from in- policy professionals, speechwriters, Division of Economic Development, my ternational manufacturers and For- attorneys and accountants looking at the team and I are here to offer you compli- tune 500 headquartered companies to site and contacting us to fi nd out more. mentary customized consulting services, national retail chains and small busi- Which is exactly our goal. and now, web-based analysis tools any Visit www.bergenforbusiness.com nesses) time you need them. and see for yourself. • Strength of your industry in Bergen From the Gold Coast towns of Fort If you are a landowner, developer, County (similar businesses/competi- Lee, Edgewater, Cliffside Park and Fair- broker or property manager and would like tors) view to the idyllic suburbs of Montvale, to list your sites free of charge on www. Park Ridge, Hillsdale and Emerson, Ber- • Consumers (where they live, how BergenForBusiness.com call me today at gen County is a focal point for NJ’s evolv- much they earn, what they spend earn- (201) 336-7336. ing commercial real estate landscape. Our ings on etc.) economy is robust and continuously ex- • Housing (owners vs. renters) Joanne Cimiluca is the di- panding. With over 50,000 companies— • Education rector of Bergen County’s and a highly educated workforce of more • Average commute time to work Division of Economic De- than 500,000 people—the top industries in • Wage reports and much more velopment (BCDED). For Bergen County include retail, healthcare assistance with BCDED’s and social services, education and profes- Utilizing the vast resources of the services, please contact us sional services. Division of Economic Development, and at (201) 336-7500. Visit BergenForBusi- Our population is 945,487. That’s having critical data on Bergen County at ness.com to learn more. 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- Bergen County is a wonderful place to live, work and raise a family. Nearly one million peo- tage, especially in the e-commerce world. 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. What’s more, Bergen County has one of Our retail shopping facilities are second to none. Bergen Community College attracts stu- the nation’s highest median household dents from across the county and state. Places to visit include the Meadowlands, Steuben incomes at $92,992, and an inventory of House (home to the Bergen County Historical Society), Overpeck Park, the Bergen County well-located, high-end industrial buildings Zoo in Van Saun Park and the New Jersey Naval Museum—just to name a few. half the price of those in the NYC boroughs. At BergenForBusiness.com, you can As the largest county in NJ, Bergen County offers a sizable pool of diverse, well-educated, search a sampling of available properties 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 and access key data by individual town Regional Chamber and other agencies and organizations to grow our economy and capital- (mind you there are 70 in Bergen) and/or ize on opportunities for public-private partnerships. the county as a whole. A convenient side- by-side comparison of Bergen towns (as We continue to strive every day to make Bergen County the best place for our residents, busi- well as a comparison of Bergen County to nesses and visitors. This guide is a valuable resource of information for anyone who lives other New Jersey counties) allows you to or works in Bergen County. I urge you to take advantage of the programs and opportunities narrow down your location choices quickly 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 based on needs. or emailing [email protected]. My staff and I are here to help. Easy-to-access infographics, reports and maps allow you to make the most ed- Sincerely, ucated decisions. At www.bergenforbusi- ness.com, you can fi nd the following: James J. Tedesco, III • Commercial, industrial and retail list- Bergen County Executive ings with search criteria, property de-

18 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Industry Sector Focus: Manufacturing Made In The Meadowlands Location & infrastructure make the Meadowlands a manufacturing mainstay

he manufacturing industry enjoys a make bricks). Little Ferry even became one ues—with manufacturing representing over well-established, longtime legacy here of the largest brick producers in the world in 31,000 jobs and 1,645 business organiza- T in the Meadowlands, beginning even the 19th century, exporting its bricks down tions here—and manufacturers have the ‘at prior to the industrial revolution. In the the Hackensack River. home advantage’ of convenient access to late 17th and 18th centuries, the growth of The region’s manufacturing contri- one of the most dense and affl uent consumer small towns established by Dutch and En- butions were well known as the industrial markets in the world. In just a day’s drive, glish settlers saw the expansion of the pre- revolution emerged and powered forward, our manufacturers can service the geog- existing Native American trails and later playing a major role in helping to build cit- raphy of 40 percent of the U.S. population the construction of roads and bridges in the ies and communities across the country with and, just right here in the Greater New York region to assist trade. The early commercial the products it exported. Even back then, the City metropolitan, there are thousands of activities—fi shing, hunting, farming and Meadowlands ideal location made it an epi- retailers, suppliers and distributors to man- harvesting of salt hay, marsh grass and ce- center for manufacturing activity, as it was ufacture for. dars—slowly moved toward more industrial well positioned along the waterways, roads, The region’s world-class infrastruc- and manufacturing pursuits such as milling, bridges and booming rail corridors. ture affi rms the Meadowlands—still located tanning, copper mining and clay mining (to Today that prime posturing contin- along some of the country’s most frequented

The region’s world-class infrastructure affi rms the Meadowlands—located along some of the country’s most frequented Diamond Chemical (East Ruther- transit networks of road, rail, sea and air—as a perfect spot for the manufacturing industry. 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 The adjacent Port of New York & New Jersey—third with its ideal proximity to transporta- largest port in the country by tonnage—along with the tion opportunities, fi rst to waterways area’s diverse, multicultural population facilitate entry to and then to booming rail and interstate valuable international markets. highway systems. The legacy continues.

22 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org transit networks of road, rail, sea and air—as Marine Electric System (South Hackensack) management solutions to assist manu- a perfect spot for the manufacturing indus- NES Enterprises Inc. (Carlstadt) facturing companies become more pro- try. The interstate highway system, the Port P & R Trading (East Rutherford) ductive, profi table and globally com- of New York & New Jersey (third largest Schar USA (Lyndhurst) petitive. port in the country by tonnage), an advanced Scientifi c Design Co Inc. (Little Ferry) • Loans, Loan Guarantees, Bond Financ- railway system and a diverse population all Shiseido USA (Rutherford) ing and More: The New Jersey Eco- facilitate entry to valuable national and in- Sigma Plastics Group (Lyndhurst) nomic Development Authority (NJE- ternational markets. Spectra Colors Corporation (Kearny) DA) offers a wide range of programs That’s why we have a multitude of Standard Casing (Lyndhurst) that provide access to capital to meet manufacturers here in the Meadowlands, Symrise Inc (Teteroboro) the specialized needs of manufacturing with a particularly strong representation of YKK USA Inc. (Rutherford) companies, both large and small. chemical and food manufacturing business- Zwave Products Inc (Moonachie) • Unlike many other states, New Jersey es. Here is a sampling of some manufac- places no personal property tax on ma- turing organizations that operate within the More good news is that the state of New Jer- chinery, equipment or inventory. Greater Meadowlands Region: sey supports manufacturers with several in- • With the Grow New Jersey Assistance dustry-specifi c programs to help them grow, Program, manufacturing companies Avanti Linens Inc. (Moonachie) including: may qualify for fully-transferrable tax Diamond Chemical Co. (East Rutherford) • Manufacturing Equipment and Em- credits by creating as few as 10 full- Caravan Ingredients (East Rutherford) ployment Investment Tax Credit: New time jobs or retaining 25 full-time jobs. Crest Foam Industries Inc. (Moonachie) Jersey manufacturers may qualify for a Grobet USA (Carlstadt) tax credit for the acquisition of equip- For more information about the pro- Hobby World Marine Inc ment and/or for the addition of employ- grams available to manufacturing compa- June Jacobs Labs LLC (Moonachie) ees due to equipment investment. nies in the state, please visit the New Jersey LPS Industries, LLC (Moonachie) • New Jersey Manufacturing Extension Economic Development Authority website: Manhattan Door Corporation (Carlstadt) Program (NJMEP) offers technical and www.njeda.com

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

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

Manhattan Door Company (Carltstadt) was hired for contract work at the iconic Time Warner Center in New York City. The manufacturing Avanti Linens (Moonachie) manufactures products for the bath like towels, bath company relocated from New York City to Carlstadt in 2010. accessories, shower curtains and rugs.

MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 23 Industry Sector Focus: Hospitality & Tourism

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

Photo by NJSEA

Photo by NJSEA

ospitourism—including our hotels, center of the Meadowlands region—home to each game and result in direct and indi- retail, attractions, meeting spaces, to MetLife Stadium, Meadowlands Rac- rect fi nancial benefi t to the region. H recreation, sports and entertain- ing & Entertainment, Meadowlands Rail MetLife Stadium is also host to many ment facilities—is a revenue-generating, Station and the potential for so much large-scale events that advance the econ- job-creating, community-supporting and more. omy and reputation of the region locally reputation-building industry with a long- The economic impact of the complex and internationally, including WWE’s standing legacy here in the Meadowlands. is major, supporting over 5,000 full- and WrestleMania in 2013 (generated over It is a growing industry statewide increas- part-time jobs and generating approxi- $100 million in economic impact), Copa ing about three percent annually, but it is mately $65 million in tax revenue, ac- América Centenario in 2016 and more re- particularly thriving here in the Meadow- cording to a report from Conventions, cently in 2017 it hosted the Indian Film lands—more than double the state overall. Sports & Leisure. Academy Awards, considered to be the MetLife Stadium is home to the New ‘Oscars of Bollywood.’ The concerts at The Meadowlands Sports & Entertainment York Jets and the New York Giants, and MetLife Stadium also bring in revenue Complex also hosted the Super Bowl in 2014. The and people. Artists performing at MetLife Many consider the Meadowlands Sports operations of the Giants and the Jets at the have included Bruce Springsteen, Beyon- & Entertainment Complex to be the epi- stadium bring tens of thousands of visitors cé, Eminem, AC/DC, U2 Rihanna and Continued on pg. 26

24 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Continued from pg. 24 more. The concerts can draw as many as 100,000 people and generate a gross revenue of over $10 mil- Hospitourism by the numbers* lion in ticket sales alone. Approximately $745 million is generated by the Area attractions There are plenty of major sites, attractions, activities hospitourism region in the Meadowlands each year, and events that bring people to the region, includ- with the number of visitors increasing annually by 8% ing Liberty State Park, State of Liberty, Liberty Sci- ence Center, BergenPAC, RPM Raceway, Medieval Times, Hornblower Cruises, Spirit Cruises, Durkan There are over 50 hotels and over 10,000 hotels Fencing Academy, Hackensack Riverkeeper, Field rooms in the region Station: Dinosaurs, Meadowlands pontoon/canoe tours, nature walks, heritage sites and over 30 parks in the area. The Meadowlands Exposition Center has 61,000 sq. Thanks to these attractions, millions of visitors come to the Meadowlands region each year and each ft. of convention space and can accommodate up to of those visitors will come in contact with dozens of 5,000 people for a larger conference, ceremony or businesses along the way, both directly and indirect- banquet 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 Visitors drawn to the Meadowlands’ venues, of a local service, such as a car rental or dry cleaner. attractions, hotels and hospitality businesses spend Connecting businesses & customers $456 million, support 10,700 jobs and pay $233 The Meadowlands Liberty Convention & Visitors million annually in taxes to support state operations 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 Retail and hospitality combined as one industry is the fulfi ll their entertainment, shopping, social, food and hospitality needs. The Bureau organizes their second largest provider of jobs in the Meadowlands, website based on exactly what visitors want to do with over 6,000 organizations and over 55,000 jobs 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 Visitor spending supports $466 million in wages visitors learn about the businesses, know how to for local workers who live locally, with about $158 get to them and to connect with them, whether it be through a room booking, a ticket purchase, a dinner million of these wages going right back into the local reservation or a simple shopping trip. The MLCVB economy supporting real estate, scientific/technical connects area tourism-related businesses with their services and healthcare industries. potential customers. Tourists and vacationers—families, group of friends, school fi eld trips, etc.—aren’t the only po- Job gains in the tourism industry average about 5%, tential visitors to the Meadowlands area. Conference and convention-goers, business groups and other outpacing the national average of approximately 2%. large parties who choose to host their events or ac- tivities in the Meadowlands also comprise plenty of *data comes from Regional Impact of Tourism Report by Rockport Analytics, ZoomProspector, The United States Department of Labor, Meadowlands Regional Chamber, Meadowlands Liberty potential consumers and valuable sources of revenue Convention & Visitors Bureau 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.

26 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Industry Sector Focus: Healthcare & Social Services

Healthcare & Social Services Keeping the Meadowlands healthy

he healthcare and social services industry is the top em- common medical procedures and conditions rated in the Best ployer in the Meadowlands, representing over 60,000 jobs Hospitals report. T at approximately 7,700 organizations. Healthcare organiza- The network also includes HackensackUMC Palisades tions choose the Meadowlands for its highly educated, qualifi ed Medical Center, located in North Bergen, serving a population of workforce and its close proximity to some of the nation’s top 400,000 in Hudson and southern Bergen counties. The not-for- medical schools. profi t medical center features a 202-bed hospital and The Har- Here are some of the healthcare facilities that call the Mead- borage, a 245-bed nursing home and rehabilitation center. owlands home: Hackensack Meridian Health HackensackUMC www.hackensackmeridianhealth.org www.hackensackumc.org

HackensackUMC Palisades www.palisadesmedical.org

Other Area Hospitals

Meadowlands Hospital Medical Center Holy Name Medical Center www.meadowlandshospital.org www.holyname.org

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.

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 Bergen Volunteer Medical Initiative (BVMI)—a licensed nonprofi t healthcare center that ambulatory care centers, surgery centers, home health services, provides free primary care to uninsured, low-income, working Bergen County residents— long-term care and assisted living communities, rehabilitation just opened the doors of its new 5,000 sq. ft. facility in 2017. centers and urgent care centers. Hackensack University Medical Center (HackensackUMC), Bergen Volunteer Medical Initiative which has been serving the region since 1888, is the fl agship Bergen Volunteer Medical Initiative (BVMI)—a licensed non- hospital of Hackensack Meridian Health. It was ranked the #1 profi t healthcare center that provides free primary care to unin- hospital in New Jersey and #4 in the New York metro area in sured, low-income, working Bergen County residents—recently U.S. News & World Reports’ 2016-2017 Best Hospitals report. opened the doors of its new 5,000 sq. ft. facility, and is looking Additionally, it was nationally ranked in 4 adult specialties — for new patients and volunteers as its operation expands. Cardiology and Heart Surgery; Ear, Nose and Throat; Orthope- The new Lynn Diamond Healthcare Center at 75 Essex dics; and Urology. HackensackUMC also earned U.S. News & Street in Hackensack, which is named after a long-time sup- World Reports’ highest rating—high-performing—in all nine porter who donated $1 million to the initiative, is an upgrade

28 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org from the organization’s previous 3,500 sq. ft. space in downtown a short term, solution-focused approach to resolving these emo- Hackensack, which is currently undergoing revitalization. tional and behavioral diffi culties. BVMI serves about 1,000 patients annually, and has a team of 55 licensed volunteer medical professionals who help treat cbhcare.com 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. Coming Soon: New Medical School www.bvmi.org Hackensack 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— Comprehensive Behavioral Healthcare, Inc. will be on the former campus of Hoffmann-La Roche in Clifton. Comprehensive Behavioral Healthcare, Inc., is the leader in be- The New Jersey Board of Medical Examiners approved the plan havioral health care services for New Jersey and Bergen County. in early 2015, pending the approval of the Liaison Committee They are an essential member of a quality network of behavioral on Medical Education, the group that accredits U.S. medical health care providers and is licensed by the New Jersey Depart- schools. ment of Mental Health Services and the Division of Addiction The partners have combined Hackensack Meridian Health’s Services. extensive clinical and research expertise with Seton Hall’s aca- CBHCare offers a full spectrum of behavioral health ser- demic expertise in the sciences, nursing, and health and medical vices, family support services and mental health services to help sciences. Hackensack Meridian Health‘s hospitals will be teach- you get the treatment you need at any walk of life. CBHCare’s ing sites for Seton Hall’s medical students. Both partners believe professionally trained, highly qualifi ed, credentialed staff assist bringing their strengths together will create a world-class institu- clients with identifying the source of problems and help develop tion that prepares top-fl ight future healthcare professionals.

MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 29 Industry Sector Focus: Food Food Industry Production, manufacturing & distribution

Goya opened its new state-of-the-art corporate headquar- With the country’s highest concentration of scientists and An organization with operations here in the Meadowlands ters in the Meadowlands industrial area of Jersey City as engineers being here in New Jersey, the Meadowlands is is within a few hours of travel to the entire Northeast part of a $250 million investment—and maintained its Se- a prime place for businesses in the food fl avoring and in- Megalopolis—stretching from Boston down to Washington caucus location (previous headquarters) as a distribution gredients industry—and we have many such organizations D.C.—which contains over 50 million people. hub for the company’s supply chain. located here.

uring the Colonial Period, New Jersey was called Here are a few of the key food industry organizations that the breadbasket colony—an homage to the abundant operate here in the Meadowlands: D crops and agriculture it provided. This status contin- • Allied Beverage Group (Carlstadt) ues today in the form of food distribution, production and • Bindi North America, Inc. (Kearny) manufacturing, with the Meadowlands being a central hub • Bylada Foods (Moonachie) for this critical industry. Goya Foods, the largest Hispanic • Caravan Ingredients (East Rutherford) food company in the United States, has been a key player of • Coca Cola (Carlstadt) the Meadowlands’ business community since 1974. In 2015, • Damascus Bakery Inc. (Clifton) Goya opened its new state-of-the-art corporate headquarters • Frutarom USA Inc. (North Bergen) in the Meadowlands industrial area of Jersey City as part • Goya Foods (Jersey City & Secaucus) of a $250 million investment—and maintained its Secaucus • Grace Kennedy Foods (Moonachie) location (previous headquarters) as a distribution hub for the • H Mart (Lyndhurst) company’s supply chain. • La Fe Foods (Moonachie) Why do so many food companies choose the Meadow- • Megas Yeeros (Lyndhurst) lands to set up shop? Location, infrastructure and workforce. • Parmalat USA Corporation (Wallington) Very often, the food industry relies on same-day deliveries • Pechter’s Baking Co. (Harrison) and the Meadowlands places companies right in the heart • Schar USA (Lyndhurst) of the country’s largest, most densely populated metropo- • Symrise Inc (Teterboro) lis so they have the access to the plentiful market of stores, • Star Ravioli Manufacturing Co. (Moonachie) markets, suppliers, restaurants, businesses, households, etc. • Takasago Corporation USA (Teterboro) This means that an organization located here in the Mead- • Y International (Lyndhurst) owlands is within a few hours of travel to the entire North- east Megalopolis—stretching from Boston down to Wash- Incentives for Food Industry: ington D.C.—which contains over 50 million people. The • Manufacturing Equipment and Employment Invest- advanced transit infrastructure and proximity to major Ports ment Tax Credit: New Jersey food manufacturers may also postures the region and facilitates the movement need- qualify for a tax credit for the acquisition of equipment ed for high productivity. Another key selling point for many and/or for the addition of employees due to equipment in the food industry is the Meadowlands convenient access investment. to the over 9,000 farms that call New Jersey home. These • New Jersey Manufacturing Extension Program assets combined are a major competitive advantage for a (NJMEP) offers technical and management solutions to fast-paced industry that operates and depends on tight turn- assist food manufacturing companies become more pro- around deliveries. ductive, profi table and globally competitive. With the country’s highest concentration of scientists • Loans, Loan Guarantees, Bond Financing and More: and engineers being here in New Jersey, the Meadowlands The New Jersey Economic Development Authority is a prime place for businesses in the food fl avoring and in- (NJEDA) offers a wide range of programs that provide gredients industry—and we have many such organizations access to capital to meet the specialized needs of food located here. manufacturing companies, both large and small.

30 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Industry Sector Focus: Life & Health Sciences

Life & Health Sciences Chemical, pharmaceutical & laboratory 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- T cent increase in industry organizations Working together relocating to or expanding operations here. for better health Here are some recent developments: • Quest Diagnostics announced it would relocate its headquarters to Secaucus in At Quest Diagnostics, we believe in the value of foresight, the power 2017 while also maintaining its labora- of prediction, and, above all, the impact of information. That’s why tory location in Teterboro. Quest provides the cutting-edge diagnostics, life-changing data, and integrated services necessary to optimize health. • Rutherford-based Cancer Genetics Inc. announced its IPO in 2013 and offi - QuestDiagnostics.com cially went public. The company con- tinues to grow and in 2017 it became one of the fi rst labs in the United States Quest Diagnostics welcomes you! to launch an FDA-approved universal Quest Diagnostics companion diagnostic for lung cancer. 1 Malcolm Avenue • Hackensack University Medical Center Teterboro, NJ 07608 (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 location New Jersey is home to the highest concentra- Quest Diagnostics announced in 2017 that it is tion of scientists and engineers in the United relocating its headquarters to 500 Plaza Drive in States, and the Meadowlands in particular Secaucus while maintaining its laboratory location benefi ts from being in very close proximi- in Teterboro. 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- (Hackensack) • Pfi zer Inc. (Secaucus) sack) • June Jacobs Labs LLC (Moonachie) • Shiseido USA (Rutherford) • Corning Life Sciences (Teterboro) • Kuehne Chemical Co. (Kearny) • Quest Diagnostics (Teterboro facility & • Frontage Laboratories (Secaucus) • LabCorp (Hackensack) new Secaucus headquarters) • Hackensack University Medical Center • MRT Laboratories (Hackensack)

32 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 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 few as 25 full-time jobs (10 for new technology startups). • Technology Business Tax Certificate Transfer Program (NOL): This incentive gives biotech companies the ability to sell their net operating tax losses and R&D tax credits. • Founders & Funders: Emerging life sciences companies can gain access to angel and venture capital investors. • Angel Investor Tax Credit Program: Provides refund- able tax credits against New Jersey corporation business or gross income tax. • NJ CoVest Fund: Provides growth capital to early-stage 201 Rockingham Row, Princeton, NJ | 609.297.2200| [email protected] technology and life sciences companies

MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 33 Recent Expansions & Relocations

usinesses choose the Meadowlands region for its educated workforce, high density and affl uent population—and of course the ideal B 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:

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

36 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Continued from pg. 36

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.

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.”

Continued on pg. 40

38 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Continued from pg. 38

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.”

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.

40 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org Resources: Economic Development Partners For Your Business

The Meadowlands Regional Chamber The 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 Foundation NJ Business Action Center The Meadowlands 2040 Foundation is an economic development The New Jersey Business Action Center (BAC) serves as a “one- “think tank”, comprised of C-Suite level business leaders from stop” shop for businesses, helping companies to stay and grow in small to large companies who have invested mightily here in the New Jersey as well as locate to our great state. Housed within the Meadowlands. The mission of the 2040 Foundation is to provide New Jersey Department of State and reporting to the Lieutenant a business perspective and long-term vision to plan for a growing Governor, the BAC’s core mission is to help create and retain jobs and sustainable economy through the year 2040. while encouraging private capital investment in the Garden State. http://www.meadowlands.org/content/meadowlands-2040-founda- (866) 534-7789, nj.gov/state/bac/ tion Choose New Jersey New Jersey Economic Development Authority Choose New Jersey’s mission is to encourage and nurture eco- The New Jersey Economic Development Authority (EDA) is an nomic growth throughout New Jersey, with a focus on our urban independent State agency that fi nances small and mid-sized busi- centers. nesses, administers tax incentives to retain/grow jobs and revitaliz- (609) 297-2200, www.choosenj.com es communities through redevelopment initiatives. It also supports entrepreneurial development by providing access to training and mentoring programs. Meadowlands Publishing/MeadowlandsUSA.com Meadowlands Publishing is the communications arm of the (866) 534-7789, www.njeda.com Meadowlands Regional Chamber. It produces Meadowlands USA, a regional magazine publication that reaches people who live and Bergen County Economic Development Corporation work in and around the Meadowlands, as well as visitors. It is The Bergen County Economic Development Corporation available in print and blog format. Meadowlands Publishing also (BCEDC) is a not-for-profi t public/private partnership between the produces the Meadowlands Economic Development & Relocation County of Bergen and the business community. As an organization, Guide, The Table: Metropolitan New Jersey Dining Guide and the we strive to provide the necessary tools to business owners. Meadowlands Liberty Visitors Guide. (201) 336-7500, co.bergen.nj.us/index.aspx?nid=155 (201) 939-2942, www.meadowlandsusa.com

Meadowlands Liberty Convention & Visitors Bureau The Meadowlands Convention and Visitors Bureau (MLCVB) is Bergen County Workforce Investment Board the tourism & hospitality division of the Meadowlands Regional The Bergen County Workforce Investment Board oversees the Chamber and is the destination marketing organization for the One-Stop Career Center, and acts as a liaison between the New region. It has become the leading voice for the region as it seeks to Jersey Department of Labor and Workforce Development (LWD) attract world-class events to its venues and to develop additional and local businesses. It connects employers to incentive programs, tourism assets. training grants, tax credits, on-the-job training for workers and other business-related services. (877) MLCVB-US, mlcvb.com (201) 343-8830, bergenworkforce.org The Retail, Hospitality and Tourism Talent Network The 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

42 MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org