the staff of the Ridgewood blog
Linden NJ, Air Protection Packaging Corp., based in Linden, New Jersey, wants to move its headquarters and manufacturing facilities to the former Alfa Laval building in the Town of Poughkeepsie in Dutchess County , New York.
The company, which manufactures bubble wrap and other plastic products, is seeking financial incentives to purchase and upgrade the 350,000-square-foot building at a cost of $12 million.
The project will mean new jobs for the region, said Dutchess County Industrial Development Agency Executive Director Sarah Lee. “They would be bringing or creating 105 new jobs up to Dutchess County. They currently have about 65 employees in their New Jersey site. They do expect some of their employees to come with the move, but at this time it is not determined how many of those 65 will come with the move,” she said.
Air Protection Packaging is seeking materials sales tax and mortgage filing fee exemptions as well as a 15-year payment-in-lieu-of-taxes agreement from the IDA.
Should go to Florida….
What are all of the COVID basement dwellers going to use to wrap themselves in when they are forced to step out of their houses?
Taxes on businesses in NEW Jersey
In order to get a package of tax incentives from NJ you need to make believe you are moving.
Murphy has ruined New Jersey like all the other Democratic governors have. God help us please! Mike Holwitz