Learn more about relocating or expanding to New Jersey

New Jersey business climate, manufacturer incentives, and advantages of NJ communities

Relocate or Expand to New Jersey - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the New Jersey business climate, manufacturer incentives, and advantages of NJ communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
New Jersey Business Data*

New Jersey

Population: 8,707,739
Total Labor Force: 4,610,500
Unemployment Rate: 8.7%
Number of Manufacturers: 9,190
Manufacturing Jobs: 382,711
Right to Work: No
Unemp. Ins. Tax: 0.4825–6.2825%
 
Corporate Income Tax:
9%

Sales Tax:
7%. Exemptions include: Tangible personal property used in research and development; production machinery and equipment.

Property Tax:
Property tax is an "ad valorem tax," or a tax according to value established by the county board of taxation in each county.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
20% Chemicals and allied products
11% Printing and publishing
10% Electronic and other electric equipment
10% Food and kindred products
8% Industrial machinery and equipment

Largest Manufacturing Establishments:
(by number of employees)
Lockheed Martin (Moorestown) - 4,500
Merck & Co., Inc. (Rahway) - 4,200
Alcatel-Lucent (Murray Hill) - 4,000
Novartis Pharmaceuticals Corp. (East Hanover) - 3,770
Automatic Data Processing, Inc. (Roseland) - 3,000
 
Counties with the Most Manufacturing Jobs:
Bergen - 65,453
Middlesex - 55,330
Union - 41,576
Morris - 36,850
Essex - 33,591

Cities with the Most Manufacturing Jobs:
Newark - 10,602
Clifton - 7,938
Piscataway - 7,865
Moorestown - 7,832
Princeton - 7,564

Manufacturing Related Business Incentives:
• Bond Financing
• Business Employment Incentive Program (BEIP)
• Business Retention and Relocation Assistance Grant (BRRAG)
• BRRAG Tax Credit Certificate Transfer Program
• Customized Training Grants
• Edison Innovation Clean Energy Manufacturing Fund (CEMF)
• Energy Sales Tax Exemption for Certain Counties
• Foreign Trade Zones
• Main Street Business Assistance Program
• Manufacturing Equipment and Employment Investment Tax Credit Program
• New Jersey Business Growth Fund
• New Jersey Manufacturing Extension Program (NJMEP)
• New Jersey SmartStart Buildings Program
• New Jobs Investment Tax Credit
• Permitting Assistance
• Registered Apprenticeship Incentive Program
• Renewable Energy Incentive Program (REIP)
• Renewable Energy Manufacturing Incentive (REMI)
• Research & Development Tax Credit
• Urban Enterprise Zones (UEZ), offering the following: UEZ Employment Tax Credit; UEZ Manufacturers Energy Sales Tax Credit; UEZ Sales Tax Exemption on Purchases
• Site Selection Services


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

New Jersey Economic Development Authority
For businesses in need of financing to grow in New Jersey, not-for-profit organizations seeking capital to expand community services, municipalities looking to attract a major corporation within their boundaries, or developers requiring funds for a major redevelopment project, the NJEDA is ready to put its resources to work to help.
36 West State Street, Trenton, NJ 08625 (Map & Aerial View)
(609) 292-1800
www.njeda.com


Economic Development Corporation of Essex County
The EDC of Essex County is a private, not-for-profit corporation established in 1982 to promote economic development in the County and provide technical and financial assistance to existing and start up businesses and not for profit organizations.
465 Dr. Martin Luther King Jr Blvd, 4th Floor, Newark, NJ 07102 (Map & Aerial View)
(973) 621-4454
www.essex-countynj.org


Hudson County Economic Development Corporation
Through an extensive database of available commercial and industrial properties, the Corporation can assist businesses with finding the right site. It also provides loan programs, market research and ombudsman services.
257 Cornelison Avenue, Floor 7, Jersey City, NJ 07302 (Map & Aerial View)
(201) 369-4370
www.hudsonedc.org


Monmouth County Economic Development
The Department is always ready to assist business and individuals to expand, relocate, and access the myriad of county, state and federal services they need. It also maintains extensive files on commercial, industrial and retail buildings and land that are available for sale or lease.
1 East Main Street, Freehold, NJ 07728 (Map & Aerial View)
(732) 431-7470
www.visitmonmouth.com


New Brunswick Development Corporation
Since its inception, Devco has overseen more than $1.6 billion in investment to aid in New Brunswick's economic revitalization. Currently, Devco has under development approximately 2.5 million square feet of redevelopment projects, representing more than $450 million of new investment.
120 Albany Street, Tower 1, 7th Floor, New Brunswick, NJ 08901 (Map & Aerial View)
(732) 249-2220
www.devco.org

Newark Urban Enterprise Zone
This organization's goal is to attract, retain and help Newark's businesses grow and through the creation of jobs make Newark America's leading urban city in safety, prosperity, and the nurturing of family life.
50 Park Place, Newark, NJ 07102 (Map & Aerial View)
(973) 424-4154
www.newarkuez.org




Looking to reach New Jersey manufacturers? Access the New Jersey Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 5/17/2013. All other stats updated on 5/17/2013. Listings updated on 5/23/2013.

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