Panasonic Corp Considering Relocating to New York
January 14, 2011 Leave a comment
By Briana Vannozzi
Panasonic Corporation’s headquarters in Secaucus employs more than 800 people and has been a cornerstone of the town for more than three decades. But that may come to an end, as the corporation has been in talks about relocating with officials from a number of cities, including New York. In an effort to prevent the move the state’s Economic Development Authority approved tax credits for more than one hundred million dollars if the company stays “in” state and “down” the road in Newark.
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