TRENTON, NJ—The state's Economic DevelopmentAuthority approved an incentive package totaling $107million for Lockheed Martin's proposed project inCamden.
The 10-year Grow New Jersey incentive award isfor the defense contractor to develop two laboratory facilities atthe existing L-3 Communications building, according toNJBiz.com.
Lockheed will invest $146.3 million for the Camden project,which will involve the relocation of 250 New Jersey-based jobs tothe site from its Moorestown location.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
