Panasonic Expected to Stay in NJ in Exchange for Tax Breaks

By Jim Hooker

Today was the formal announcement of Panasonic’s decision to stay put in New Jersey – moving from its current headquarters in a Secaucus Industrial Park to its new building, slated for a 2013 completion and move-in date in downtown Newark.  Panasonic North America’s chief said the company’s big push to be an environmentally conscious corporate leader played heavily into its decision to locate at a mass transit hub.

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