NEWARK – The Economic Development Authority gave the green-light to three companies that applied for Grow New Jersey Assistance grants that will help them in constructing new facilities and keep jobs in New Jersey.
The approved applications include:
*Conair: The longtime manufacturer of such beauty supplies as hair dryers, vanity mirrors and curling irons was awarded a 10-year $26.7 million Grow NJ grant to expand its warehouse and distribution center in East Windsor. The grant will help create 446 new jobs, EDA officials said.
*Burlington Coat Factory. A 10-year, $40 million Grow NJ grant will help the longtime, state-based retail store to build a 180,000-square-foot facility in Florence Township in Burlington County. It will help keep 626 “at risk” jobs from moving to Bensalem, Pa. Over the 10-year period, it also plans to create 120 full-time jobs.
*151 Foods. The food company was awarded a 10-year, $20.7 Grow-NJ grant to keep 205 full-time jobs in New Jersey. The plans are to operate out of a facility in Bellmawr, in South Jersey. The company plans to create 140 new jobs in that period as well. The grant will help prevent the company from moving to Morrisville, Pa.
In addition, the EDA also gave the OK to a 10-year, $17.45 million Business Employment Incentive Program grant to the large accounting company, Deloitte LLP.
The company, which previously relocated jobs from New York City to Parsippany, Morris County, is now looking to set up offices in Jersey City, where it would lease 50,000 square feet of office space at a currently undisclosed location.
The facility will have 450 jobs, some of which will be new and others moved from other locations. The company is home to 51,000 employees around the world.