J & K Ingredients Corp. receives $11.6M NJ incentive to stay in Paterson

J & K Ingredients Corp., a bakery ingredient manufacturer, was approved for a 10-year, $11.6 million Grow New Jersey award to retain 82 jobs and consider upgrading its Paterson facility instead of moving to South Carolina.

“keeping J & K in New Jersey would result in the retention of 82 full-time jobs and yield a net benefit of roughly $35.3 million back to the state over 30 years.”njbiz.com

• 1 source
• njbiz.comOver 20M in EDA incentives approved for two Paterson projectsJessica PerryFeb 14, 2017

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