North America: ResinTech relocation announced
ResinTech Inc. announced plans to relocate its corporate headquarters and build two new manufacturing plants in Camden, NJ. The move to Federal Street and River Road will allow the water treatment and filtration company to bring a minimum of 265 jobs to Camden. The company will be adding 55 employees to staff the new manufacturing facility and, in addition, will bring hundreds of existing jobs from Pennsylvania, Maryland, California and New Jersey. The announcement followed the approval of about $138 million in tax credits by the New Jersey Economic Development Authority (EDA) during its monthly board meeting in October.