TRENTON, NJ—The New Jersey Economic DevelopmentAuthority approved tax incentives valued at $260 millionon Thursday to lure energy firm HoltecInternational from its offices in Marlton, NJ to a site inCamden, NJ.

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The incentives to be spaced out over 10years, is the third largest the agency has offered a business,according to The Record. If the company accepts the state'sincentive offer, it would bring 235 jobs to Camden and relocateanother 160 from Marlton.

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Holtec, which also has operations in Jupiter, FL, is a powerplant supplier and would be building small nuclear reactors at thesite, although no nuclear material will be located at the site. Seestory in The Record.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.