Meadowlands Economic Development & Relocation Guide 2018

2018

The Meadowlands Economic Development & Relocation Guide The Business Resource Guide for the Greater Meadowlands Region

Business Grows Here.

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Economic Profile: Metrics, Magnitude & Movement Key Sector Updates Movement In The Meadowlands: Relocations & Expansions Resources & Information For Incoming Businesses

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

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Meadowlands 2040 Foundation: Board of Trustees

This publication is 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.

The Meadowlands 2040 Foundation is excited to present another edition of this guide, aimed at highlighting the thriving business climate 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.

Now a full installed foundation, one of the driving goals for the 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 the area for those who live and work here.

Today the Meadowlands Regional 2040 Foundation has a ten member board of trustees led by Chairman Fletch Creamer of J. Fletcher Creamer & Son and Vice Chair Bill Hanson of NAI James E. Hanson.

Chairman Fletch Creamer of J. Fletcher Creamer & Son

Vice Chairman Bill Hanson of NAI James E. Hanson

Rich Branca, CEO of Bergen Engineering

Dominick D’Agosta a former senior banking executive

Alex Klatskin, CEO of Forsgate Industrial Partners

Jim Napolitano, James R. Napolitano

Ed Russo, CEO of Russo Development

John Saraceno, Principal of Onyx Equities

Senator Anthony Scardino Jr., former Mayor & NJ Senator of Anthony Scardino & Associates, Inc.

Peter Unanue, COO of Goya Foods

Jim Kirkos, CEO of Meadowlands Regional Chamber

Published By: Meadowlands 2040 Foundation Supported By: Forsgate Industrial Partners NJM Insurance Group PSEG Production Partners: Meadowlands Regional Chamber, Meadowlands Liberty Convention & Visitors Bureau Meadowlands Publishing/Meadowlands USA

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Snapshot of the Greater Meadowlands Region

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Metrics, Magnitude & Movement: Facts & Stats

201 Route 17 North Rutherford NJ 07070 (201) 939-0707 www.meadowlands.org

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Focus On The Municipalities

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Bergen County At Your Fingertips

Managing Editor: Joe Garavente, Meadowlands Publishing

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Hudson County Works For You

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Made In The Meadowlands: A Manufacturing Mainstay

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LIVE From The Meadowlands: Hospitourism

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Keeping The Meadowlands Healthy: Healthcare & Social Services

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Food Industry: Production, Manufacturing & Distribution

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Life & Health Sciences: Chemical, Pharmaceutical & Laboratory

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Relocations & Expansions: Movement In The Meadowlands

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Your Business Resource Partners

Advertising Director: Martha Morley, Greer Enterprises, Inc. Design: Evan Eagleson, Eighty6 Distribution Partners: New Jersey Economic Development Authority, Choose New Jersey, Bergen County Economic Development Corporation, Hudson County Economic Development Corporation, The Retail, Hospitality and Tourism Talent Network, 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

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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.

T

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

The Meadowlands is serviced by NJ Transit’s extensive network of rail and bus routes.

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 of trails, estuaries and protected marshlands.

SUPPORTED BY:

An industrial view from the Meadowlands, looking north from Kearny.

PUBLISHED BY:

We invite you to discover how your business can grow with us in the Meadowlands.

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

Discover how your business can grow in the Meadowlands.

Office & Industrial Space: Over 25 million sq. ft. in the Greater Meadowlands region (excluding 14.5 million sq. ft in Jersey City); Over 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 several downtown business districts.

Adjacent to Port of New York and New Jersey, the largest port on the 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

SUPPORTED BY:

LIVE from the Meadowlands. The Meadowlands Sports & Entertainment Complex in East Rutherford is home to MetLife Stadium, New York Giants, New York Jets, Meadowlands Racing & Entertainment and more projects to come. Photo by Anthony Quintano.

Highly dense and diverse population with strong consumer spending indicators 22 percent higher than national average in the United States

For more information contact (201) 939-0707 or email mrc@meadowlands.org A special thank you to our economic development partners (see page 42)

The Greater Meadowlands:

Measurements, Magnitude & Movement

T

he Greater Meadowlands Region is an economic engine. Although we are just a few miles away from Manhattan and are well-connected to the entire metropolitan region, we are more than just New York City’s backyard. We are a well-established, vibrant, thriving and welcoming business community. We host not just an ecosystem of rebounding, flourishing nature but also a surging ecosystem of profound economic opportunity and boundless connections.

Here are some key facts, figures & information for the Meadowlands: People The total population covered by the Meadowlands is 964,600 people (697,884 people without Jersey City, the second largest city in the state) and the median age is 38, which is slightly younger than the 39 year median age of New Jersey overall, according to Census data.

The Meadowlands is home to 964,600 people.

We are home to the largest business growth & GDP growth in New Jersey, according to SmartAsset. Businesses choose the Meadowlands for its location, business connections, transportation, workforce, cultural diversity and quality of work & life.

Educational Attainment We have a highly educated population and the majority of the people in the Meadowlands has completed at least a high school degree. 41.5 percent of the population has completed a college degree, compared with approximately 33 percent of the American population 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 & entertainment has put us on the map and we present prolific sporting events and concerts throughout the year.

And there is a prosperous network of prominent , thriving businesses in our region: Goya Foods, NAI James E. Hanson, Russo Development, J. Fletcher Creamer, JR., Quest Diagnostics, Hartz Mountain Industries, Samsung, HackensackUMC and The Children’s Place just to name a few. We also have a growing number of startups and small businesses that call the Meadowlands home.

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41.5 percent of the population has completed a college degree, compared with 33 percent of the American population overall.

“Quest Diagnostics based its single largest 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.”

Here is a breakdown of the some of the top jobs by occupation in the area:

–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 employees 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/ Scientific/Technical Services and Manufacturing.

Labor & Workforce The Greater Meadowlands Region employs 452,022 total employees in over 41,000 establishments across a diverse spectrum of industries:

There are over 41,000 employers in the Meadowlands, employing over 452,000 people.

“Goya Foods has invested almost $1 billion in a new 650,000 square-foot headquarters facility and state of the art distribution center here in the Meadowlands. The future of the region is critically important to our business and our family.”

–-Peter Unanue, COO of Goya Foods

“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 growing economy, and is positioned as an important transportation link within the general NYC metropolitan area. Therefore the Meadowlands is an important driver of the State’s economy and hosts world class sports and entertainment venues. For over 30 years we have been involved and have actively supported the Chamber and the growth and development of the Meadowlands region.”

–Daniel Baer AICP, Senior Vice President, National Planning Lead, WSP (formerly WSP-Parsons Brinckerhoff) Continued on pg. 10

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The Greater Meadowlands Continued from pg. 9

Office & Industrial Office Space The Greater Meadowlands region hosts over 40 million sq. ft. of office and industrial space, according to OfficeSpace.com. Excluding Jersey City, the Meadowlands region has over 25 million sq. ft. of office and industrial space and Jersey City alone has 14.5 million sq. ft.

From Startups to Corporations The Meadowlands is home to businesses of all different sizes, from small startups to mid- and large-sized corporations.

Income & Spending

The median income is 40 percent higher than the median household income for the overall United States.

Households in the Meadowlands earn a median yearly income of $72,280, with more households in the ‘greater than $100,000’ income bracket than any other bracket. The median income is 40 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.

“Scarinci Hollenbeck has had deep roots in the Meadowlands for nearly three decades, and the location has served us well. It is a thriving environment, offering proximity to both our New Jersey and New York City offices, and it encompasses both evolving business and residential communities. As developers continue to seek areas for new construction to meet the increased market demand, our firm continues to play a prominent role in the Meadowlands’ economic transformation.”

-Kenneth J. Hollenbeck, Managing Partner, Scarinci Hollenbeck, Attorneys at Law

Consumer spending index is 22 percent higher than the national average in the United States.

Transportation The average resident’s commute time is 28 minutes, less than the rest of the New York City metropolitan area which has an average 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 consumer 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.

Our customers expect the lights to stay on and the gas to keep flowing even during severe weather. That’s why we have been investing billions of dollars in electric and gas system upgrades throughout our territory to make sure businesses in the Meadowlands have the energy they need to grow and prosper.”

–-John Latka, Senior Vice President of Electric and Gas Operations at PSE&G

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The Greater Meadowlands Region is serviced by several state and interstate highways, as well as the New Jersey Turnpike which runs right through it. The Garden State Parkway borders the western part of the region. The Greater Meadowlands region connects three Hudson River crossings into Manhattan—the Holland Tunnel, Lincoln Tunnel and the George Washington Bridge.

The average commute time in the Meadowlands is 28 minutes, less than the average commute time in New Jersey overall and in the New York Metropolitan region overall.

The Greater Meadowlands

Teterboro Airport is located right in the heart of the region, home to many private aviation charter companies that fly nationally 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 International Airport (21 miles) in New York City.

Mass transit is abundant. NJ Transit services the Meadowlands 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 identified incentive packages going toward investment projects across companies, industries and municipalities 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 Development 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.

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Municipality Profiles Bergen County Bogota Mayor: Christopher M. Kelemen Telephone Number: (201) 342-1736 Website: www.bogotaonline.org Population in 2010: 8,187 Population in 2017: 8,398 Percent Change: 2.6 percent Median Household Income: $83,218 Median Home Value: $334,450 Key Employer: Bogota Savings Bank

Carlstadt Mayor: Craig Lahullier Telephone Number: (201) 939-2850 Website: www.carlstadtnj.us Population in 2010: 6,127 Population in 2017: 6,270 Percent Change: 2.3 percent Median Household Income: $79,380 Median Home Value: $402,100 Key Employers: Allied Beverage Group L.L.C.; Pinnacle Environmental Corporation; Unimac Graphics; Russo Development LLC; Onyx Equities LLC

Cliffside Park Mayor: Thomas Calabrese Telephone Number: (201) 945-3456

Website: www.cliffsideparknj.gov Population in 2010: 23,594 Population in 2017: 25,093 Percent Change: 6.4 percent Median Household Income: $62,589 Median Home Value: $471,000

East Rutherford Mayor: James L. Cassella Telephone Number: (201) 933-3444 Website: www.eastrutherfordnj.net Population in 2010: 8,913 Population in 2017: 9,214 Percent Change: 3.4 percent Median Household Income: $76,286 Median Home Value: $380,900 Key Employers: Allied Building Products Corporation; MWWPR; Branca Properties Inc.; The Alpine Group, Inc.; New York Giants; New York Jets; Meadowlands Racetrack

Fairview Mayor: Vincent Bellucci Jr. Telephone Number: (201) 943-3300 Website: fairviewborough.com Population in 2010: 13,835 Population in 2017: 14,536 Percent Change: 5.1 percent Median Household Income: $55,608 Median Home Value: $381,100

Bergen County Court House in Hackensack is nearby to many legal and professional service ďŹ rms.

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Garfield Mayor: Richard Rigoglioso Telephone Number: (973) 340-2000 Website: www.garďŹ eldnj.org Population in 2010: 30,487 Population in 2017: 31,820 Percent Change: 4.4 percent Median Household Income: $50,534 Median Home Value: $336,800 Key Employer: Fidelity Care Inc.

Hackensack Mayor: John P. Labrosse, Jr. Telephone Number: (201) 646-3980 Website: www.hackensack.org Population in 2010: 43,010 Population in 2017: 45,368 Percent Change: 5.5 percent Median Household Income: $58,625 Median Home Value: $308,400 Key Employers: J. Fletcher Creamer & Son Inc.; Hackensack University Medical Center; Innodata, Inc.; NAI James E. Hanson

Hasbrouck Heights Mayor: Jack DeLorenzo Telephone Number: (201) 288-0195 Website: www.hasbrouck-heights.nj.us Population in 2010: 11,842 Population in 2017: 12,267

The Meadowlands Sports & Entertainment Complex in East Rutherford is home to the New York Giants, New York Jets and the Meadowlands Racetrack. Pictured here is the Victory Terrace at Meadowlands Racetrack.

Percent Change: 3.6 percent Median Household Income: $92,728 Median Home Value: $414,100 Key Employers: Shin Ei Fuji of Hasbrouck Heights, Inc.; Motor Inn Associates, LLC

Leonia Mayor: Judah Zeigler Telephone Number: (201) 592-5780 Website: http://www.leonianj.gov/ Population in 2010: 8,937 Population in 2017: 9,261 Percent Change: 3.6 percent Median Household Income: $84,228 Median Home Value: $499,000 Key Employers: Field Station: Dinosaurs

Little Ferry Mayor: Mauro D. Raguseo Telephone Number: (201) 641-9234 Website: www.littleferrynj.org Population in 2010: 10,626 Population in 2017: 11,024 Percent Change: 3.7 percent Median Household Income: $69,466 Median Home Value: $334,500 Key Employers: Dassault Falcon Jet Corp.; Gates Realty Corp.; Arcari & Iovino Architects PC

Lodi Mayor: Emil Carafa, Jr. Telephone Number: (973) 365-4005 Website: www.lodi-nj.org

Population in 2010: 24,136 Population in 2017: 24,988 Percent Change: 3.5 percent Median Household Income: $52,453 Median Home Value: $378,000 Key Employers: Labor Ready; Atlantic Detroit Diesel-Allison, LLC; The Star Group

Website: www.northarlington.org Population in 2010: 15,392 Population in 2017: 15,965 Percent Change: 3.7 percent Median Household Income: $77,357 Median Home Value: $368,300 Key Employers: AM Cosmetics Inc.; Labor Management Concepts, Inc.

Lyndhurst

Palisades Park

Mayor: Robert B. Giangeruso Telephone Number: (201) 804-2457 Website: www.lyndhurstnj.org Population in 2010: 20,554 Population in 2017: 22,733 Percent Change: 10.6 percent Median Household Income: $75,379 Median Home Value: $354,000 Key Employers: Alpha Industries, Inc.; Polo/Ralph Lauren

Mayor: James Rotundo Telephone Number: (201) 585-4100 Website: www.palisadesparknj.us Population in 2010: 19,622 Population in 2017: 20,890 Percent Change: 6.5 percent Median Household Income: $63,895 Median Home Value: $596,400 Key Employer: Time Warner Cable

Ridgefield

Moonachie Mayor: Dennis Vaccaro Telephone Number: (201) 641-1813 Website: www.moonachie.us Population in 2010: 2,708 Population in 2017: 2,810 Percent Change: 3.8 percent Median Household Income: $68,040 Median Home Value: $568,300 Key Employers: Avanti Linens; LPS Industries Inc.; FLOMO/Glitzzie

Mayor: Anthony Suarez Telephone Number: (201) 943-5215 Website: www.ridgefieldnj.gov Population in 2010: 11,032 Population in 2017: 11,380 Percent Change: 3.2 percent Median Household Income: $74,428 Median Home Value: $459,000 Key Employer: Carolace Embroidery Co., Inc.

Ridgefield Park

North Arlington Mayor: Joseph Bianchi Telephone Number: (201) 991-6060

Mayor: George D. Fosdick Telephone Number: (201) 641-4950 Website: www.ridgefieldpark.org Continued on pg. 14

Overpeck Park features trails, recreational facilities and conservation areas with sections in Leonia, Palisades Park, Ridgefield Park and Teaneck.

The Marsh Discovery Trail in Lyndhurst’s DeKorte Park provides up-close vantage points to observe and photograph the beauty of the Meadowlands.

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Municipality Profiles Continued from pg. 13

Population in 2010: 12,729 Population in 2017: 13,105 Percent Change: 3.0 percent Median Household Income: $69,178 Median Home Value: $336,500 Key Employers: Samsung Electronics American, Inc.; FORT Group

Rutherford Mayor: Joseph DeSalvo, Jr. Telephone Number: (201) 460-3001 Website: www.rutherford-nj.com Population in 2010: 18,061 Population in 2017: 18,915 Percent Change: 4.7 percent Median Household Income: $89,524 Median Home Value: $470,800 Key Employers: Cancer Genetics, Inc.; Boiling Springs Savings Bank; Newmark Grubb Knight Frank; Robert Half International

South Hackensack Mayor: Gary Brugger Telephone Number: (201) 440-1815 Website: www.southhackensacknj.org Population in 2010: 2,652 Population in 2017: 2,469 Median Household Income: $72,014 Median Home Value: $424,300 Key Employers: Naturex Inc.; Boswell Engineering

Teaneck Mayor: John P. Watt Telephone Number: (201) 837-1600 Website: www.teanecknj.gov Population in 2010: 39,776 Population in 2017: 41,121 Percent Change: 3.4 percent Median Household Income: $99,494 Median Home Value: $382,800 Key Employers: Holy Name Hospital; Cognizant Technology Solutions

Teterboro Mayor: Mohammed Hameeduddin Telephone Number: (201) 288-1200 Website: www.teterboro-online.com Population in 2010: 67 Population in 2017: 71 Percent Change: 6.0 percent Key Employers: Teterboro Airport; Quest Diagnostics Clinical Laboratories, Inc.; Jet Aviation; Forsgate Industrial Partners

Wallington Mayor: Mark W. Tomko Telephone Number: (973) 777-0318 Website: www.wallingtonnj.org Population in 2010: 11,335 Population in 2017: 11,712 Percent Change: 3.3 percent Median Household Income: $59,287

The Meadows OfďŹ ce Complex in Rutherford. The Meadowlands is home to over 40 million sq. ft. of ofďŹ ce and industrial space.

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Median Home Value: $374,600 Key Employers: Farmland Dairies LLC; McNally International Corp.

Wood-Ridge Mayor: Paul A. Sarlo Telephone Number: (201) 939-0202 Website: www.wood-ridgenj.org Population in 2010: 7,626 Population in 2017: 8,599 Percent Change: 12.8 percent Median Household Income: $99,331 Median Home Value: $341,000 Key Employers: Terminal Construction Corporation; Meadowlink/EZ Ride; Fujitec Elevator Co. Inc.

Hudson County East Newark Mayor: Joseph R. Smith Telephone Number: (973) 481-2902 Website: www.boroughofeastnewark. com Population in 2010: 2,406 Population in 2017: 2,700 Percent Change: 12.2 percent Median Household Income: $56,227 Median Home Value: $286,500

Continued on pg. 16

Teterboro Airport is owned and managed by the Port Authority of New York and New Jersey.

Newark Liberty International Airport is also just 10 miles away, conveniently connecting the region to hundreds of cities nationally and internationally.

Municipality Profiles Continued from pg. 14

Harrison Mayor: James A. Fife Telephone Number: (973) 268-2425 Website: townofharrison.com Population in 2010: 13,620 Population in 2017: 15,923 Percent Change: 16.9 percent Median Household Income: $58,328 Median Home Value: $297,300 Key Employers: Pechters Baking Group LLC; FMB, Inc.

Jersey City Mayor: Steven M. Fulop Telephone Number: (201) 547-5000 Website: www.jerseycitynj.gov Population in 2010: 247,597 Population in 2017: 266,716 Percent Change: 7.7 percent Median Household Income: $62,677 Median Home Value: $385,800 Key Employers: GOYA Foods; Ports American, Inc.; Verisk Analytics; Bel Fuse Inc.

Kearny Mayor: Alberto G. Santos Telephone Number: (201) 955-7400 Website: www.kearnyusa.com Population in 2010: 40,684 Population in 2017: 42,179 Percent Change: 3.7 percent Median Household Income: $65,369

Median Home Value: $320,200 Key Employers: Fedway Associates Inc; Freeman

North Bergen Mayor: Nicholas J. Sacco Telephone Number: (201) 392-2024 Website: www.northbergen.org Population in 2010: 60,773 Population in 2017: 63,266 Percent Change: 4.1 percent Median Household Income: $57,347 Median Home Value: $365,400 Key Employers: Palisades Medical Center; Keystone Freight Corp.; Big M, Inc.

Secaucus Mayor: Mike Gonnelli Telephone Number: (201) 330-2000 Website: secaucusnj.gov Population in 2010: 16,264 Population in 2017: 19,751 Percent Change: 21.4 percent Median Household Income: $89,497 Median Home Value: $441,500 Key Employers: The Children’s Place, Inc.; Cosco Logistics Inc.; Ernst & Young, LLP

Essex County Nutley Mayor: Joseph P. Scarpelli

View of Pulaski Skyway and PSEG’s Kearny Generating Station, helping to power the Meadowlands region and beyond.

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Telephone Number: (973) 284-4955 Website: www.nutleynj.org Population in 2010: 28,370 Population in 2017: 28,967 Percent Change: 2.1 percent Median Household Income: $87,624 Median Home Value: $389,950 Key Employer: Indigo Systems NJ

Passaic County Clifton Mayor: James Anzaldi Telephone Number: (973) 470-5800 Website: www.cliftonnj.org Population in 2010: 84,136 Population in 2017: 86,767 Percent Change: 3.1 percent Median Household Income: $72,670 Median Home Value: $311,900 Key Employers: AVE Clifton; RCL Agencies

Passaic Mayor: Hector Lora Telephone Number: (973) 365-5500 Website: www.cityofpassaic.com Population in 2010: 69,781 Population in 2017: 71,658 Percent Change: 2.7 percent Median Household Income: $34,707 Median Home Value: $297,400 Key Employer: CMIT Solutions

The Meadowlands is mobilized by a vast network of train, bus and light rail service powered by NJ Transit. Pictured here is Secaucus Junction, which operates as a major connecting hub for the region’s transit system.

Bergen County All You Need To Know, All At Your Fingertips BergenForBusiness.com is your single source for all things Bergen County

I

can talk about Bergen County all day, but you need answers now. Consider BergenForBusiness.com your online, 24/7 executive report.

As Director of the Bergen County Division of Economic Development, my team and I are here to offer you complimentary customized consulting services, and now, web-based analysis tools any time you need them.

From the Gold Coast towns of Fort Lee, Edgewater, Cliffside Park and Fairview to the idyllic suburbs of Montvale, Park Ridge, Hillsdale and Emerson, Bergen County is a focal point for NJ’s evolving commercial real estate landscape. Our economy is robust and continuously expanding. With over 50,000 companies— and a highly educated workforce of more than 500,000 people—the top industries in Bergen County include retail, healthcare and social services, education and professional services.

Our population is 945,487. That’s 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 advantage, especially in the e-commerce world.

What’s more, Bergen County has one of the nation’s highest median household incomes at $92,992, and an inventory of well-located, high-end industrial buildings half the price of those in the NYC boroughs.

At BergenForBusiness.com, you can search a sampling of available properties and access key data by individual town (mind you there are 70 in Bergen) and/or the county as a whole. A convenient sideby-side comparison of Bergen towns (as well as a comparison of Bergen County to other New Jersey counties) allows you to narrow down your location choices quickly based on needs.

Easy-to-access infographics, reports and maps allow you to make the most educated decisions. At www.bergenforbusiness.com, you can find the following: • Commercial, industrial and retail listings with search criteria, property de-

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• • •

•

•

• • • •

tails, contact names and turn-by-turn driving directions Labor market analysis Key industry clusters Number of establishments (from international manufacturers and Fortune 500 headquartered companies to national retail chains and small businesses) Strength of your industry in Bergen County (similar businesses/competitors) Consumers (where they live, how much they earn, what they spend earnings on etc.)

Housing (owners vs. renters) Education Average commute time to work Wage reports and much more

Utilizing the vast resources of the Division of Economic Development, and having critical data on Bergen County at

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your fingertips 24/7 will lead to tremendous growth opportunities. With BergenForBusiness.com, we have site selectors, investors, real estate professionals, mayors, policy professionals, speechwriters, attorneys and accountants looking at the site and contacting us to find out more.

Which is exactly our goal.

Visit www.bergenforbusiness.com and see for yourself.

If you are a landowner, developer, broker or property manager and would like to list your sites free of charge on www.

BergenForBusiness.com call me today at (201) 336-7336.

Joanne Cimiluca is the director of Bergen County’s Division of Economic Development (BCDED). For assistance with BCDED’s services, please contact us at (201) 336-7500. Visit BergenForBusiness.com to learn more.

Bergen County is a wonderful place to live, work and raise a family. Nearly one million people 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.

Our retail shopping facilities are second to none. Bergen Community College attracts students from across the county and state. Places to visit include the Meadowlands, Steuben House (home to the Bergen County Historical Society), Overpeck Park, the Bergen County Zoo in Van Saun Park and the New Jersey Naval Museum—just to name a few.

As the largest county in NJ, Bergen County offers a sizable pool of diverse, well-educated, 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 Regional Chamber and other agencies and organizations to grow our economy and capitalize on opportunities for public-private partnerships.

We continue to strive every day to make Bergen County the best place for our residents, businesses and visitors. This guide is a valuable resource of information for anyone who lives or works in Bergen County. I urge you to take advantage of the programs and opportunities available in Bergen County government for future growth and opportunities. Should you need anything, please do not hesitate to reach out to my office by contacting (201) 336-7300 or emailing countyexecutive@co.bergen.nj.us. My staff and I are here to help.

Sincerely, James J. Tedesco, III Bergen County Executive

Hudson County Works For You Location, culture & special programs make Hudson County a prime spot for business

S

ituated on the Hudson River directly across from Manhattan, you cannot find a better location for your business than Hudson County. We are the direct center of the nation’s number one dominant market area and we enjoy easy access to New York City, Philadelphia and Connecticut. We have desirable commercial, industrial and residential space along the Hudson River and throughout Hudson County, and we are a central transportation hub for both commuter and freight traffic.

A close second to location is Hudson County’s diversity. Hudson County is a community of more than 600,000 residents and is the fourth most ethnically diverse county in the nation today. This rich diversity translates into a highly effective workforce with fluent, multilingual capabilities, a strong sense of community and international business ties.

For quality of life look to Hudson County for its old world brownstones, glamorous condos and luxury apartment living along the county’s sparkling waterfront. Our proximity to New York City’s wealth of entertainment venues and easy access to professional football and world class soccer games in nearby MetLife Stadium and Red Bull Arena are a tremendous asset to enjoy personally and to share with business clients.

Hudson remains a transportation hub, boasting a modern light rail system that runs north-south throughout the County, and serviced by several major transportation arteries, including the New Jersey Turnpike, I-280, and U.S. Route 1 & 9.

We are within short travel distance of Newark Liberty, Kennedy and LaGuardia International Airports. And we also continue to build on our proud history in the shipping industry with recently improved deep-water ports, now ready to handle the super-freighter traffic of the 21st Century.

The Hudson County Economic Development Corporation (HCEDC) plays a key role in encouraging business develop-

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ment here in Hudson County, lending over three million dollars in low cost financing to small businesses throughout the county.

HCED also administers the County’s award winning Brownfields programs, and serves the business community with site location and relocation services.

Business Loans Do you need a loan for your business?

Looking to grow your business in Hudson County?

The Business Loan Program through HCEDC provides below-market funding to small businesses. These loans are blended to the Prime Rate. Loans vary between $25,000 and $100,000 and may be used for working capital, purchase of inventory, machinery/equipment and building acquisition/expansion.

Repayment terms are flexible and can range to a maximum of ten years. We have originated more than $3 million in loans to local businesses.

We now offer a MicroLoan Program that provides loans to commercial enter-

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prises with five or fewer employees. Contact the HCEDC at (201) 369-4370 to learn if your company is eligible. Loans can range from $5,000 to $25,000. These loans are available to businesses in Bayonne, East Newark, Guttenberg, Harrison, Hoboken, Kearny, North Bergen, Secaucus, Union City, Weehawken and West New York. Application fees do apply.

Bonding is also available through the NJ Economic Development Corporation.

Our loan coordinator will be happy to visit your company and answer any questions you may have. Simply fill out the form below to begin getting more information.

Put Hudson County To Work HCEDC offers a wide varity of financial products to assist businesses with expansion and growth within Hudson County. We specialize in site selection assistance and the development of individualized incentive package that meet your client’s needs.

For assistance with any of HCEDC’s services, please contact us at (201) 3694370 or visit hudsonedc.org.

Hudson County offers a range of partnership opportunities to help you grow your business.

The Hudson County Economic Development Corporation offers crucial small business loans; the Hudson County Office of Minority & Women Owned Business Enterprise can provide valuable technical expertise; and our Workforce Development One Stop Center can provide you with trained, prequalified workers with the training and skills you need.

We’re also proud of the many civic institutions we work with to create a strong and stable business environment in Hudson County, like the Meadowlands Regional Chamber. This economic development guide is one of many services they provide to deliver quality information to their members and the larger community.

If you would like to know more about why Hudson County is your address for business success, please contact the Hudson County Economic Development Corporation at (201) 369-4370.

Let’s get together and get to work.

Sincerely, Thomas A. DeGise Hudson County Executive

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Industry Sector Focus: Manufacturing

Made In The Meadowlands

Location & infrastructure make the Meadowlands a manufacturing mainstay

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he manufacturing industry enjoys a well-established, longtime legacy here in the Meadowlands, beginning even prior to the industrial revolution. In the late 17th and 18th centuries, the growth of small towns established by Dutch and English settlers saw the expansion of the preexisting Native American trails and later the construction of roads and bridges in the region to assist trade. The early commercial activities—fishing, hunting, farming and harvesting of salt hay, marsh grass and cedars—slowly moved toward more industrial and manufacturing pursuits such as milling, tanning, copper mining and clay mining (to

make bricks). Little Ferry even became one of the largest brick producers in the world in the 19th century, exporting its bricks down the Hackensack River.

The region’s manufacturing contributions were well known as the industrial revolution emerged and powered forward, playing a major role in helping to build cities and communities across the country with the products it exported. Even back then, the Meadowlands ideal location made it an epicenter for manufacturing activity, as it was well positioned along the waterways, roads, bridges and booming rail corridors.

Today that prime posturing contin-

The region’s world-class infrastructure affirms the Meadowlands—located along some of the country’s most frequented transit networks of road, rail, sea and air—as a perfect spot for the manufacturing industry.

The adjacent Port of New York & New Jersey—third largest port in the country by tonnage—along with the area’s diverse, multicultural population facilitate entry to valuable international markets.

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ues—with manufacturing representing over 31,000 jobs and 1,645 business organizations here—and manufacturers have the ‘at home advantage’ of convenient access to one of the most dense and affluent consumer markets in the world. In just a day’s drive, our manufacturers can service the geography of 40 percent of the U.S. population and, just right here in the Greater New York City metropolitan, there are thousands of retailers, suppliers and distributors to manufacture for.

The region’s world-class infrastructure affirms the Meadowlands—still located along some of the country’s most frequented

Diamond Chemical (East Rutherford) is one of the largest privately owned national cleaning and sanitizing product companies in the United States. They manufacture laundry, warewash, floor care, housekeeping, sanitizing, organic intermediates, vehicle care and other industrial and institutional products.

View from Manhattan: Meadowlands office 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 with its ideal proximity to transportation opportunities, first to waterways and then to booming rail and interstate highway systems. The legacy continues.

transit networks of road, rail, sea and air—as a perfect spot for the manufacturing industry. The interstate highway system, the Port of New York & New Jersey (third largest port in the country by tonnage), an advanced railway system and a diverse population all facilitate entry to valuable national and international markets.

That’s why we have a multitude of manufacturers here in the Meadowlands, with a particularly strong representation of chemical and food manufacturing businesses. Here is a sampling of some manufacturing organizations that operate within the Greater Meadowlands Region: Avanti Linens Inc. (Moonachie) Diamond Chemical Co. (East Rutherford) Caravan Ingredients (East Rutherford) Crest Foam Industries Inc. (Moonachie) Grobet USA (Carlstadt) Hobby World Marine Inc June Jacobs Labs LLC (Moonachie) LPS Industries, LLC (Moonachie) Manhattan Door Corporation (Carlstadt)

Marine Electric System (South Hackensack) NES Enterprises Inc. (Carlstadt) P & R Trading (East Rutherford) Schar USA (Lyndhurst) Scientific Design Co Inc. (Little Ferry) Shiseido USA (Rutherford) Sigma Plastics Group (Lyndhurst) Spectra Colors Corporation (Kearny) Standard Casing (Lyndhurst) Symrise Inc (Teteroboro) YKK USA Inc. (Rutherford) Zwave Products Inc (Moonachie) More good news is that the state of New Jersey supports manufacturers with several industry-specific programs to help them grow, including: • Manufacturing Equipment and Employment Investment Tax Credit: New Jersey manufacturers may qualify for a tax credit for the acquisition of equipment and/or for the addition of employees due to equipment investment.

• New Jersey Manufacturing Extension Program (NJMEP) offers technical and

management solutions to assist manufacturing companies become more productive, profitable and globally competitive.

• Loans, Loan Guarantees, Bond Financing and More: The New Jersey Economic Development Authority (NJEDA) offers a wide range of programs that provide access to capital to meet the specialized needs of manufacturing companies, both large and small.

• Unlike many other states, New Jersey places no personal property tax on machinery, equipment or inventory.

• With the Grow New Jersey Assistance Program, manufacturing companies may qualify for fully-transferrable tax credits by creating as few as 10 fulltime jobs or retaining 25 full-time jobs.

For more information about the programs available to manufacturing companies in the state, please visit the New Jersey Economic Development Authority website: 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.

Avanti Linens (Moonachie) manufactures products for the bath like towels, bath accessories, shower curtains and rugs.

Manhattan Door Company (Carltstadt) was hired for contract work at the iconic Time Warner Center in New York City. The manufacturing company relocated from New York City to Carlstadt in 2010.

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Industry Sector Focus: Hospitality & Tourism

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

Photo by NJSEA

Photo by NJSEA

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ospitourism—including our hotels, retail, attractions, meeting spaces, recreation, sports and entertainment facilities—is a revenue-generating, job-creating, community-supporting and reputation-building industry with a longstanding legacy here in the Meadowlands.

It is a growing industry statewide increasing about three percent annually, but it is particularly thriving here in the Meadowlands—more than double the state overall.

The Meadowlands Sports & Entertainment Complex Many consider the Meadowlands Sports & Entertainment Complex to be the epi-

center of the Meadowlands region—home to MetLife Stadium, Meadowlands Racing & Entertainment, Meadowlands Rail Station and the potential for so much more.

The economic impact of the complex is major, supporting over 5,000 full- and part-time jobs and generating approximately $65 million in tax revenue, according to a report from Conventions, Sports & Leisure.

MetLife Stadium is home to the New York Jets and the New York Giants, and also hosted the Super Bowl in 2014. The operations of the Giants and the Jets at the stadium bring tens of thousands of visitors

to each game and result in direct and indirect financial benefit to the region.

MetLife Stadium is also host to many large-scale events that advance the economy and reputation of the region locally and internationally, including WWE’s WrestleMania in 2013 (generated over $100 million in economic impact), Copa América Centenario in 2016 and more recently in 2017 it hosted the Indian Film Academy Awards, considered to be the ‘Oscars of Bollywood.’ The concerts at MetLife Stadium also bring in revenue and people. Artists performing at MetLife have included Bruce Springsteen, Beyoncé, Eminem, AC/DC, U2 Rihanna and Continued on pg. 26

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Berkeley College reserves the right to add, discontinue, or modify its programs and policies at any time. Modifications subsequent to the original publication of this document may not be reflected here. For the most up-to-date information, please visit BerkeleyCollege.edu. For more information about Berkeley College graduation rates, the median debt of students who completed programs, and other important disclosures, please visit BerkeleyCollege.edu/disclosures. **While the College is in operation

Continued from pg. 24

more. The concerts can draw as many as 100,000 people and generate a gross revenue of over $10 million in ticket sales alone.

Area attractions There are plenty of major sites, attractions, activities and events that bring people to the region, including Liberty State Park, State of Liberty, Liberty Science Center, BergenPAC, RPM Raceway, Medieval Times, Hornblower Cruises, Spirit Cruises, Durkan Fencing Academy, Hackensack Riverkeeper, Field Station: Dinosaurs, Meadowlands pontoon/canoe tours, nature walks, heritage sites and over 30 parks in the area.

Thanks to these attractions, millions of visitors come to the Meadowlands region each year and each of those visitors will come in contact with dozens of businesses along the way, both directly and indirectly. Any visitor who comes to tour a local point of interest or attend a local event may also stay in a hotel, eat at a restaurant, shop at a store or take advantage of a local service, such as a car rental or dry cleaner.

Connecting businesses & customers The Meadowlands Liberty Convention & Visitors Bureau (www.mlcvb.com) is one resource that directs visitors to the businesses nearby the event they are attending or the site they are seeing that will fulfill their entertainment, shopping, social, food and hospitality needs. The Bureau organizes their website based on exactly what visitors want to do 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 visitors learn about the businesses, know how to get to them and to connect with them, whether it be through a room booking, a ticket purchase, a dinner reservation or a simple shopping trip. The MLCVB connects area tourism-related businesses with their potential customers.

Tourists and vacationers—families, group of friends, school field trips, etc.—aren’t the only potential visitors to the Meadowlands area. Conference and convention-goers, business groups and other large parties who choose to host their events or activities in the Meadowlands also comprise plenty of potential consumers and valuable sources of revenue 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 Meadowlands: 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 dynamic Meadowlands region.

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Hospitourism by the numbers* Approximately $745 million is generated by the hospitourism region in the Meadowlands each year, with the number of visitors increasing annually by 8% There are over 50 hotels and over 10,000 hotels rooms in the region The Meadowlands Exposition Center has 61,000 sq. ft. of convention space and can accommodate up to 5,000 people for a larger conference, ceremony or banquet Visitors drawn to the Meadowlands’ venues, attractions, hotels and hospitality businesses spend $456 million, support 10,700 jobs and pay $233 million annually in taxes to support state operations Retail and hospitality combined as one industry is the second largest provider of jobs in the Meadowlands, with over 6,000 organizations and over 55,000 jobs Visitor spending supports $466 million in wages for local workers who live locally, with about $158 million of these wages going right back into the local economy supporting real estate, scientific/technical services and healthcare industries.

Job gains in the tourism industry average about 5%, outpacing the national average of approximately 2%. *data comes from Regional Impact of Tourism Report by Rockport Analytics, ZoomProspector, The United States Department of Labor, Meadowlands Regional Chamber, Meadowlands Liberty Convention & Visitors Bureau

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Industry Sector Focus: Healthcare & Social Services

Healthcare & Social Services Keeping the Meadowlands healthy

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he healthcare and social services industry is the top employer in the Meadowlands, representing over 60,000 jobs at approximately 7,700 organizations. Healthcare organizations choose the Meadowlands for its highly educated, qualified workforce and its close proximity to some of the nation’s top medical schools.

Here are some of the healthcare facilities that call the Meadowlands home:

common medical procedures and conditions rated in the Best Hospitals report.

The network also includes HackensackUMC Palisades Medical Center, located in North Bergen, serving a population of 400,000 in Hudson and southern Bergen counties. The not-forprofit medical center features a 202-bed hospital and The Harborage, a 245-bed nursing home and rehabilitation center.

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 flagship hospital of Hackensack Meridian Health. It was ranked the #1 hospital in New Jersey.

Hackensack Meridian Health Hackensack Meridian Health combines the excellence and innovation of academic medical centers with the convenience and compassion of community-based care and services.

One of New Jersey’s largest healthcare networks, Hackensack 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 ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, rehabilitation centers and urgent care centers.

Hackensack University Medical Center (HackensackUMC), which has been serving the region since 1888, is the flagship hospital of Hackensack Meridian Health. It was ranked the #1 hospital in New Jersey and #4 in the New York metro area in U.S. News & World Reports’ 2016-2017 Best Hospitals report.

Additionally, it was nationally ranked in 4 adult specialties — Cardiology and Heart Surgery; Ear, Nose and Throat; Orthopedics; and Urology. HackensackUMC also earned U.S. News & World Reports’ highest rating—high-performing—in all nine

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Bergen Volunteer Medical Initiative (BVMI)—a licensed nonprofit healthcare center that provides free primary care to uninsured, low-income, working Bergen County residents— just opened the doors of its new 5,000 sq. ft. facility in 2017.

Bergen Volunteer Medical Initiative Bergen Volunteer Medical Initiative (BVMI)—a licensed nonprofit healthcare center that provides free primary care to uninsured, low-income, working Bergen County residents—recently opened the doors of its new 5,000 sq. ft. facility, and is looking for new patients and volunteers as its operation expands.

The new Lynn Diamond Healthcare Center at 75 Essex Street in Hackensack, which is named after a long-time supporter who donated $1 million to the initiative, is an upgrade

from the organization’s previous 3,500 sq. ft. space in downtown Hackensack, which is currently undergoing revitalization.

BVMI serves about 1,000 patients annually, and has a team of 55 licensed volunteer medical professionals who help treat those patients. BVMI’s free healthcare is available for adults living in Bergen County who are working, don’t have health insurance, 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 nonprofit. www.bvmi.org

Comprehensive Behavioral Healthcare, Inc. Comprehensive Behavioral Healthcare, Inc., is the leader in behavioral health care services for New Jersey and Bergen County.

They are an essential member of a quality network of behavioral health care providers and is licensed by the New Jersey Department of Mental Health Services and the Division of Addiction Services.

CBHCare offers a full spectrum of behavioral health services, family support services and mental health services to help you get the treatment you need at any walk of life. CBHCare’s professionally trained, highly qualified, credentialed staff assist clients with identifying the source of problems and help develop

a short term, solution-focused approach to resolving these emotional and behavioral difficulties. cbhcare.com

Coming Soon: New Medical School 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— will be on the former campus of Hoffmann-La Roche in Clifton.

The New Jersey Board of Medical Examiners approved the plan in early 2015, pending the approval of the Liaison Committee on Medical Education, the group that accredits U.S. medical schools.

The partners have combined Hackensack Meridian Health’s extensive clinical and research expertise with Seton Hall’s academic expertise in the sciences, nursing, and health and medical sciences. Hackensack Meridian Health‘s hospitals will be teaching sites for Seton Hall’s medical students. Both partners believe bringing their strengths together will create a world-class institution that prepares top-flight future healthcare professionals.

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Industry Sector Focus: Food

Food Industry

Production, manufacturing & distribution

Goya opened its new state-of-the-art corporate headquarters in the Meadowlands industrial area of Jersey City as part of a $250 million investment—and maintained its Secaucus location (previous headquarters) as a distribution hub for the company’s supply chain.

With the country’s highest concentration of scientists and engineers being here in New Jersey, the Meadowlands is a prime place for businesses in the food flavoring and ingredients industry—and we have many such organizations located here.

D

uring the Colonial Period, New Jersey was called the breadbasket colony—an homage to the abundant crops and agriculture it provided. This status continues today in the form of food distribution, production and manufacturing, with the Meadowlands being a central hub for this critical industry. Goya Foods, the largest Hispanic food company in the United States, has been a key player of the Meadowlands’ business community since 1974. In 2015, Goya opened its new state-of-the-art corporate headquarters in the Meadowlands industrial area of Jersey City as part of a $250 million investment—and maintained its Secaucus location (previous headquarters) as a distribution hub for the company’s supply chain.

Why do so many food companies choose the Meadowlands to set up shop? Location, infrastructure and workforce.

Very often, the food industry relies on same-day deliveries and the Meadowlands places companies right in the heart of the country’s largest, most densely populated metropolis so they have the access to the plentiful market of stores, markets, suppliers, restaurants, businesses, households, etc.

This means that an organization located here in the Meadowlands is within a few hours of travel to the entire Northeast Megalopolis—stretching from Boston down to Washington D.C.—which contains over 50 million people. The advanced transit infrastructure and proximity to major Ports also postures the region and facilitates the movement needed for high productivity. Another key selling point for many in the food industry is the Meadowlands convenient access to the over 9,000 farms that call New Jersey home. These assets combined are a major competitive advantage for a fast-paced industry that operates and depends on tight turnaround deliveries.

With the country’s highest concentration of scientists and engineers being here in New Jersey, the Meadowlands is a prime place for businesses in the food flavoring and ingredients industry—and we have many such organizations located here.

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An organization with operations here in the Meadowlands is within a few hours of travel to the entire Northeast Megalopolis—stretching from Boston down to Washington D.C.—which contains over 50 million people.

Here are a few of the key food industry organizations that operate here in the Meadowlands: • Allied Beverage Group (Carlstadt) • Bindi North America, Inc. (Kearny) • Bylada Foods (Moonachie) • Caravan Ingredients (East Rutherford) • Coca Cola (Carlstadt) • Damascus Bakery Inc. (Clifton) • Frutarom USA Inc. (North Bergen) • Goya Foods (Jersey City & Secaucus) • Grace Kennedy Foods (Moonachie) • H Mart (Lyndhurst) • La Fe Foods (Moonachie) • Megas Yeeros (Lyndhurst) • Parmalat USA Corporation (Wallington) • Pechter’s Baking Co. (Harrison) • Schar USA (Lyndhurst) • Symrise Inc (Teterboro) • Star Ravioli Manufacturing Co. (Moonachie) • Takasago Corporation USA (Teterboro) • Y International (Lyndhurst) Incentives for Food Industry: • Manufacturing Equipment and Employment Investment Tax Credit: New Jersey food manufacturers may qualify for a tax credit for the acquisition of equipment and/or for the addition of employees due to equipment investment.

• New Jersey Manufacturing Extension Program (NJMEP) offers technical and management solutions to assist food manufacturing companies become more productive, profitable and globally competitive.

• Loans, Loan Guarantees, Bond Financing and More: The New Jersey Economic Development Authority (NJEDA) offers a wide range of programs that provide access to capital to meet the specialized needs of food manufacturing companies, both large and small.

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Industry Sector Focus: Life & Health Sciences

Life & Health Sciences Chemical, pharmaceutical & laboratory

43253-FIN-Meadowlands.pdf

T

he Meadowlands is emerging as a hub for health and life science, with a recent increase in industry organizations relocating to or expanding operations here.

Here are some recent developments: • Quest Diagnostics announced it would relocate its headquarters to Secaucus in 2017 while also maintaining its laboratory location in Teterboro.

• Rutherford-based Cancer Genetics Inc. announced its IPO in 2013 and officially went public. The company continues to grow and in 2017 it became one of the first labs in the United States to launch an FDA-approved universal companion diagnostic for lung cancer.

• Hackensack University Medical Center (HUMC)—which has served the region since 1888—is expanding rapidly with a larger network called Hackensack Meridian Health. HUMC also announced a partnership with Seton Hall University to open New Jersey’s only private medical school in Clifton at the former Hoffmann-La Roche site.

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7/27/17

Working together for better health At Quest Diagnostics, we believe in the value of foresight, the power of prediction, and, above all, the impact of information. That’s why Quest provides the cutting-edge diagnostics, life-changing data, and integrated services necessary to optimize health.

QuestDiagnostics.com

Quest Diagnostics welcomes you!

Quest Diagnostics 1 Malcolm Avenue Teterboro, NJ 07608

Strategic location New Jersey is home to the highest concentration of scientists and engineers in the United States, and the Meadowlands in particular benefits from being in very close proximity to New Jersey’s hotbed of leading pharmaceutical companies. And in proximity to New York City too, of course. This location offers strategic access to local and global financial 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. (Hackensack) • Corning Life Sciences (Teterboro) • Frontage Laboratories (Secaucus) • Hackensack University Medical Center

32 MEADOWLANDS RELOCATION GUIDE 2017

8:31 AM

Quest Diagnostics announced in 2017 that it is relocating its headquarters to 500 Plaza Drive in Secaucus while maintaining its laboratory location in Teterboro.

• • • •

(Hackensack) June Jacobs Labs LLC (Moonachie) Kuehne Chemical Co. (Kearny) LabCorp (Hackensack) MRT Laboratories (Hackensack)

meadowlands.org

• Pfizer Inc. (Secaucus) • Shiseido USA (Rutherford) • Quest Diagnostics (Teterboro facility & new Secaucus headquarters)

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 University 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 refundable tax credits against New Jersey corporation business or gross income tax.

• NJ CoVest Fund: Provides growth capital to early-stage technology and life sciences companies

201 Rockingham Row, Princeton, NJ | 609.297.2200| info@choosenj.com

Meadowlands Premier Realty & Infrastructure Development Law Firm MEADOWLANDS RELOCATION GUIDE 2017

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BRANCA PROPERTIES, INC. Owner – Developer – Manager 375 Murray Hill Parkway East Rutherford, NJ 07073 Phone: 201- 438- 4994 ■ Fax: 201- 935-2850 Richard Branca, President Quality Management Since 1975 www.BrancaProperties.com

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(201)-460-0473 www.tmrassociates.com

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Recent Expansions & Relocations B

usinesses choose the Meadowlands region for its educated workforce, high density and affluent population—and of course the ideal 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 bakery 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 upgrade 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-fil-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/novelty, 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 efficient 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 venture 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

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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 facility, 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 longstanding 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 first U.S. facility, is in a single level USDA-approved plant previously used to produce sausage casings. It is set up to prevent any cross contamination from products 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 profitable companies with their headquarters in New Jersey.”

Continued on pg. 40

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Welcome to the Neighborhood!

One of the Northeast’s Largest Philips Distributors!

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Continued from pg. 38

QUEST DIAGNOSTICS Quest Diagnostics Incorporated, the world’s leading provider of diagnostic information services, relocated its corporate headquarters from Madison 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 retain 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 processing and fulfillment 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 receives and processes on a monthly basis.

“We were bursting at the seams of our Manhattan and San Francisco warehouses 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 exciting 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 first 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 expand 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

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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 planning, education/workforce development and tourism development.

Hudson County Workforce Development Board The mission of the Hudson County Workforce Development Board is to provide employer-driven training programs that connect residents effectively to available jobs. It also coordinates and aligns the County’s various workforce development resources, programs and strategies in order to best serve jobseekers, workers and employers.

(201) 939-0707, www.meadowlands.org

(201) 420-3000 ext. 2636, www.hudsonworkforce.org,

The Meadowlands 2040 Foundation The Meadowlands 2040 Foundation is an economic development “think tank”, comprised of C-Suite level business leaders from small to large companies who have invested mightily here in the Meadowlands. The mission of the 2040 Foundation is to provide a business perspective and long-term vision to plan for a growing and sustainable economy through the year 2040.

NJ Business Action Center The New Jersey Business Action Center (BAC) serves as a “onestop” shop for businesses, helping companies to stay and grow in New Jersey as well as locate to our great state. Housed within the New Jersey Department of State and reporting to the Lieutenant Governor, the BAC’s core mission is to help create and retain jobs while encouraging private capital investment in the Garden State.

http://www.meadowlands.org/content/meadowlands-2040-foundation

(866) 534-7789, nj.gov/state/bac/

New Jersey Economic Development Authority The New Jersey Economic Development Authority (EDA) is an independent State agency that finances small and mid-sized businesses, administers tax incentives to retain/grow jobs and revitalizes communities through redevelopment initiatives. It also supports entrepreneurial development by providing access to training and mentoring programs.

Choose New Jersey Choose New Jersey’s mission is to encourage and nurture economic growth throughout New Jersey, with a focus on our urban centers.

(609) 297-2200, www.choosenj.com

Bergen County Economic Development Corporation The Bergen County Economic Development Corporation (BCEDC) is a not-for-profit public/private partnership between the County of Bergen and the business community. As an organization, we strive to provide the necessary tools to business owners.

Meadowlands Publishing/MeadowlandsUSA.com Meadowlands Publishing is the communications arm of the Meadowlands Regional Chamber. It produces Meadowlands USA, a regional magazine publication that reaches people who live and work in and around the Meadowlands, as well as visitors. It is available in print and blog format. Meadowlands Publishing also produces the Meadowlands Economic Development & Relocation Guide, The Table: Metropolitan New Jersey Dining Guide and the Meadowlands Liberty Visitors Guide.

(201) 336-7500, co.bergen.nj.us/index.aspx?nid=155

(201) 939-2942, www.meadowlandsusa.com

Hudson County Economic Development Corporation Hudson County Economic Development Corporation (HCEDC) is a not-for-profit that focuses on business attraction and retention within Hudson County, and job creation for Hudson County residents.

Meadowlands Liberty Convention & Visitors Bureau The Meadowlands Convention and Visitors Bureau (MLCVB) is the tourism & hospitality division of the Meadowlands Regional Chamber and is the destination marketing organization for the region. It has become the leading voice for the region as it seeks to attract world-class events to its venues and to develop additional tourism assets.

(866) 534-7789, www.njeda.com

(201) 369-4370, hudsonedc.org Bergen County Workforce Investment Board The Bergen County Workforce Investment Board oversees the One-Stop Career Center, and acts as a liaison between the New Jersey Department of Labor and Workforce Development (LWD) and local businesses. It connects employers to incentive programs, training grants, tax credits, on-the-job training for workers and other business-related services.

(201) 343-8830, bergenworkforce.org

(877) MLCVB-US, mlcvb.com 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 assist future employees with getting the training they need to qualify for these retail, hospitality, and tourism jobs.

(201) 692-7266, www.rhttn.com

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INDEX OF ADVERTISERS Atlantic Stewardship Bank, www.ASBnow.com............................................................................11

Connecting New Jersey Businesses

AVE, www.aveliving.com................................................................................................................31

6 Great Issues

To Help Grow Your Business For Advertising Information Call Martha Morley at 201-493-7996 Or visit www.meadowlandsusa.com to view the Media Kit

Berkeley College, www.berkeleycollege.edu................................................................................25 Bergen Engineering Co. & Branca Properties Inc., www.BrancaProperties.com............................35 Bruinooge & Associates, www.bruinoogelaw.com...........................................................................4 Choose New Jersey, www.choosenj.com.......................................................................................33 EZ Ride, www.ezride.org.......................................................................................Inside Front Cover Forsgate Industrial Partners, www.forsgate.com............................................................................17 Goya Foods, www.goya.com...........................................................................................................19 Guzzo+Guzzo, www.gg-architect.com............................................................................................43 HackensackUMC Fitness & Wellness Powered by the Giants, HackensackUMCFitnessNYG.com....37 Hunter Group, www.TheHunterGroup.com....................................................................................21 Jewel Electric, www.jewelelectric.com.............................................................................................1 Kearny Bank, www.KearnyBank.com..............................................................................................31 Lakeland Bank, www.LakelandBank.com.......................................................................................43 Meadowlands Racing & Entertainment, www.playmeadowlands.com.........................................27 Meadowlands Regional Chamber, www.meadowlands.org..........................................................44 Meadowlands USA, www.meadowlandsusa.com...........................................................................44 NAI James E. Hanson, www.naihanson.com.....................................................................Back Cover New York Giants, www.giants.com................................................................................................15 NJM Insurance Group, www.StartYourNJM.com.............................................................................5 One on One with Steve Adubato, www.SteveAdubato.org............................................................34 Onyx, www.onyxequities.com........................................................................................................41 Overhead Door, www.DockNDoor.com...........................................................................................43

BUILDING ESSENTIAL CONNECTIONS THAT DRIVE BUSINESS GROWTH WWW.MEADOWLANDS.ORG | (201) 939-0707 | MRC@MEADOWLANDS.ORG

Palisades Medical Center, www.palisadesmedical.org.........................................Inside Back Cover PSE&G, www.pseg.com....................................................................................................................2 Quest Diagnostics, www.QuestDiagnostics.com............................................................................32 RPM Raceway, www.rpmraceway.com...........................................................................................41 Russo Development, www.russodevelopment.com......................................................................27 Scarinci & Hollenbeck, www.scarincihollenbeck.com....................................................................33 Suez Water New Jersey Inc., www.unitedwater.com....................................................................29 Swift Energy Services, www.SwiftElectrical.com.............................................................................39 T.M. Tybak & Associates, P.C., www.tmrassociates.com...................................................................35 WSP, www.wsp.com........................................................................................................................41

44 MEADOWLANDS RELOCATION GUIDE 2017

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