VINELAND — A poultry processing company has been approved to receive state tax credits to open a facility in South Jersey.
According to the most recent available minutes from the New Jersey Economic Development Authority board meeting Nov. 14, Vineland Poultry LLC was approved for the Grow NJ program.
Through the assistance program, Vineland Poultry will be awarded $2.2 million in tax credits for a 10-year term. The company filed as a limited liability corporation with the state in September and hopes to bring 40 new manufacturing jobs to the area.
The anticipated completion of the project is slated for next year.
Reports said the company is looking to open in the 55,000-square-foot building that formerly housed Vineland Kosher Poultry, which ended production Dec. 30, 2011.
The same tax credit was awarded to Rosenhayn-based F&S Produce Co., which plans to open a fresh-and-frozen-food production facility in the former Progresso Soup plant in Vineland.