Leaving: Two companies pulling workforce out of Jersey
Published: July 11th, 2014
07/11/2014 11:25:57 AM Leaving: Two companies pulling workforce out of Jersey [NJBIZ (NJ)] Published Date: June 30, 2014 12:01:00 AM EDT Author: George, Andrew Two companies are saying goodbye to New Jersey - and taking 500 jobs with them. That became clear last week when CareFusion Corp., a San Diego-based maker of medical products, said it would shutter its Totowa factory and lay off 390 employees in the process. A day later, cold cut maker Dietz & Watson said it would move 110 jobs to Philadelphia from Delanco, where workers had been displaced since September by a fire that leveled its warehouse and distribution center. It was a tough week for the state, but one that can't always be avoided. Even when incentives are in play, sometimes location decisions are just "hit or miss depending on the company," said Michael Egenton, senior vice president of government relations for the New Jersey Chamber of Commerce. Assemblyman Troy Singleton (DMount Laurel), who hails from the district where Dietz & Watson was located, said many people worked to keep Dietz & Watson here - and many people will work to bring in another company. "While I am certainly disappointed in the decision by Dietz & Watson to move its facility to Pennsylvania, our job is to look forward," he said. "We made a concerted full-court press to really get this done, working in partnership with state, county and local Delanco officials. Now we will re-double our efforts to find someone else to fill this void." For CareFusion, the operations at what was once the Vital Signs plant in Totowa will be moved to a site in Mexicali, Mexico, according to published reports. The move will bring 390 layoffs. Meantime, Dietz & Watson said it will nearly double its footprint in Philadelphia's Tacony section, where it has had its headquarters for some 75 years. And the move comes despite a $3.1 million tax credit offered by the New Jersey Economic Development Authority in February, when the company floated the idea of rebuilding in Burlington County. Instead, it will build a $50 million facility in Philadelphia with the help of $2.1 million in state grants and eligibility for more than $12 million in other loans and funding, company and Pennsylvania state officials announced last week. E-mail to: firstname.lastname@example.org (c) 2014 Journal Publications Inc.