Cumberland County-Based F&S Produce to Purchase Vineland Progresso PlantLast Edited:
After recently shutting down production, officials with the City of Vineland say that the former Progresso plant may soon have a new owner.
Officials announced Wednesday night, August 9th, that F & S Produce Company Inc., is under agreement to purchase the Elmer Road plant to expand the company's facilities.
F & S Produce currently operates out of Rosenhayn (Cumberland County).
The company is purchasing the former Progresso plant with the help of the "Grow New Jersey" program, which will provide the company with millions in tax credits — over a 10-year term — to buy and upgrade the building.
While the sale hasn't closed yet, both the owner of F & S Produce and the mayor of Vineland said that the support from the New Jersey Economic Development agency will help the company and the city grow.
"Although this was one of the final steps in our decision process, and we're still in a due-diligence period, we've been impressed now for many months with the welcome we've received from the City of Vineland and Cumberland County," said F & S Produce Company CEO Sam Pipitone in a statement.
Vineland's mayor thanked F & S Produce for helping the city's growth.
"Thanks to all the folks at F & S Produce for having the faith in Vineland and our leadership to come here and want to invest their dollars in our great city," said Mayor Anthony Fanucci.
"It's important that people understand that we are a business-friendly environment and that Vineland is moving in a different direction," added Fanucci. "We are trying to bring as much business and job growth as we can as quickly as possible."
The sale is expected to happen this fall, creating 60 new jobs in Vineland with more to be added in the future.
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