The state Economic Development Authority (EDA) this afternoon awarded $29.8 million in tax credits to a Galloway Township manufacturing business with the hope of spurring regional job growth.
Barrette is a vinyl, wood, and aluminum manufacturer and distributor of fencing, railing, garden accents, and sheds. The business’ new facility is located in the former Lenox China factory, a 415,000 square-foot facility that has been vacant for over ten years.
Barrette will make a capital investment of approximately $22 million, and promises to create 277 new, full-time jobs for the residents of South Jersey.
The EDA project will also permit Barrette to retain 39 existing full-time jobs in New Jersey, which will bring the number of total employees in New Jersey up to 316 by the end the project’s third year.
By the end of Year 5, Barrette anticipates having approximately 455 full-time employees in New Jersey.