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.
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.
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.
