NEWARK, N.J. – U.S. Senator Bob Menendez today announced $2,500,000 in federal funding from the U.S. Economic Development Administration (EDA) to assist in the construction of a new Food Industry Commercialization Center in Bridgeton, N.J., which will provide needed flexible spaces for new food production companies to leverage technical assistance resources.
“This new facility will provide numerous companies with the space they need to produce and ship food to the surrounding areas,” said Sen. Menendez. “The funding will also create jobs and boost the economy in the community while leveraging over $1,000,000 in private investment.”
“EDA grants provide a critical source of capital that serves as a lifeline for many distressed communities and small businesses across New Jersey,” said Sen. Booker, a member of the U.S. Senate Committee on Small Business and Entrepreneurship. “Federal investments like this help ensure New Jersey communities and small businesses receive the resources they need to create a sustainable economic development strategy, boost job growth and spur innovation.”
The facility will offer spaces for industrial food processing, shipping and administrative use. The project will provide regional capacity to grow and retain the food production cluster, leverage private investment and foster job creation. 190 jobs are expected to be created once the project is complete.