The Mayor Is looking forward to welcoming Subaru to the city.
Read Her Press Release Below
FOR IMMEDIATE RELEASE: CONTACT: Vince BasaraDATE: December 9, 2014 PHONE: 856-757-7200
MAYOR REDD PRAISES NJEDA BOARD ACTION APPROVING MAJORDEVELOPMENT PROJECTS IN THE CITY OF CAMDEN Projects Include Subaru Relocating Their US Headquarters To Camden; Cooper HealthSystem Moving Their Administrative Operations/Offices To Camden CAMDEN, NJ – Mayor Dana L. Redd today issued the following statement regarding the NewJersey Economic Development Authority (NJEDA) Board approving two major development projects through the Economic Opportunity Act of 2013 (EOA). Projects included Subaru ofAmerica relocating their U.S. Headquarters to Camden and the Cooper Health System movingtheir administrative operations/offices to Camden.“ Camden is on the rise and ready to once again become the economic hub of the Southern New Jersey region,” Mayor Redd said. “I am extremely excited that yet another world class company will be calling Camden home. The NJEDA approval for Subaru to receive EOA business creditsis great news not just for our City, but also for South Jersey. We could have lost a distinguishedand prestigious company in Subaru to Pennsylvania if it wasn’t for the EOA. This could haveequated to 600 plus jobs lost in South Jersey.
“In addition, I am thrilled that the NJEDA also approved the Cooper Health System EOA application which will allow them to bring their administrative operations and offices toCamden. As one of our main anchor institutions and largest employer, having all of theiradministrative functions located in the City makes perfect sense.“ The EOA has truly catapulted Camden as the hottest market in the country for investment andeconomic development. Working together with the Governor, our State legislators, County and local officials, we have demonstrated that Camden’s transformation is real and unstoppable.“
I look forward to continue working with all our partners to ensure our residents are fully prepared to obtain jobs from all the economic development activities that is coming to Camden.”