Pitney Bowes to Open Mail Services Site in Newark, New Jersey
February 09 2010 - 3:11PM
Business Wire
Pitney Bowes Inc. (NYSE:PBI) and Newark Mayor Cory A. Booker
announced today that Pitney Bowes has selected Newark as the site
for its expanded mail services operations in New Jersey and will
open a new International Mail Distribution Center there next month.
The relocation and expansion will bring 180 jobs to Newark, and is
expected to create an additional 25 jobs in New Jersey’s largest
city over the next few years.
Mayor Booker will highlight this Pitney Bowes announcement
during his State of the City Address, which will be held tonight at
6:30 p.m. at Newark Symphony Hall at 1020 Broad Street.
Pitney Bowes Mail Services is the nation’s largest provider of
presort services, aggregating outbound mail from many organizations
and enabling more mailers to enjoy the benefits of postage
discounts. It is also one of the nation’s largest providers of
international mail services, allowing outbound international mail
to get to its destination faster and at lower cost to the
mailer.
The new facility, located in Newark’s Enterprise Zone at 158 Mt.
Olivet Avenue, comprises approximately 76,000 square feet of space.
When modifications to the site are complete, the site will have
64,000 square feet of production space, and approximately 12,000
square feet of office space, all air conditioned and operating on a
24/7 basis. It is estimated the new facility will process 50
million pieces of international mail per year.
Mayor Booker said, “We are very pleased that Pitney Bowes, one
of the nation’s largest providers of international mail services,
is recognizing Newark’s ideal location for the logistics industry
by moving a major business unit to our City. We are grateful that
as part of the transaction, the company has committed to a First
Source Agreement which will ensure that Newark residents are
considered first for job openings. Thanks to Newark’s Economic
Development team and our State partners, we are continuing the
transformation of our Newark by creating much needed jobs for our
residents. Together, we are building a stronger, safer, prouder
City.”
“I would like to thank the city and state officials who worked
so closely with us to keep and grow these jobs in New Jersey,” said
John Ward, president, Pitney Bowes Mail Services. “We are very
bullish on the work force here, and appreciate the progressive
attitude on the part of government leaders who understand the needs
of the business community. We look forward to providing even higher
levels of service to our customers in the greater New York and New
Jersey markets.”
Newark’s Brick City Development Corporation (BCDC) and Urban
Enterprise Zone (UEZ) teams worked with Pitney Bowes and the State
of New Jersey to negotiate and coordinate this transaction. The New
Jersey Economic Development Authority recently approved a Business
Retention and Relocation Assistance Grant and a Business Employment
Incentive Program grant for this project. The facility is located
in Newark’s UEZ, one of 32 zones in New Jersey that the state has
designated with specific incentives to revitalize urban communities
and encourage business investment. In addition, Pitney Bowes has
signed a First Source agreement with the City of Newark and BCDC
that commits the company to make a good faith effort to recruit and
hire qualified residents of Newark who apply for positions at the
facility through Pitney Bowes’s online job application process.
About Pitney Bowes
Pitney Bowes is a $5.6 billion global technology leader whose
products, services and solutions deliver value within the
mailstream and beyond. Founded in 1920, our company’s 33,000
employees deliver technology, service and innovation to more than
two million customers worldwide. For more information about Pitney
Bowes, its products, services and solutions, visit www.pb.com.
About the City of Newark, New Jersey
Newark, commonly referred to as Brick City, is the third
oldest city in the United States and the largest in New Jersey,
with a population of more than 280,000 people. Newark sits on
one of the nation’s largest transportation super-structures
including an international airport, major rail connections, major
highway intersections and the busiest seaport on the east
coast. With a new Administration as of July 2006, Newark continues
to see signs of a strong revival. In population, it is one of the
fastest growing cities in the northeast. Its six major colleges and
universities are further expanding their presence. The production
of affordable housing has doubled, businesses are returning and
crime is going down. There is still much work to be done but Newark
is on its way to achieving its mission: to set a national
standard for urban transformation.
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