Gov. Murphy Backs Small-Business Growth in CamdenLast Edited:
Camden has landed support from Governor Phil Murphy's administration to help grow small businesses in the city.
On Tuesday, February 13th, Camden Mayor Frank Moran issued a statement stating the New Jersey Economic Development Authority (NJEDA) Board's approval of incentives for Camden Yards Steel Company. The incentives fall under the Grow NJ Program, which is offered through the Economic Opportunity Act (EOA) of 2013.
"I applaud the Murphy administration for approving these Grow New Jersey incentives for Camden Yards Steel Company," said Moran. "EOA incentives have enabled Camden to remain competitive while at the same time allowed the State of New Jersey to retain and attract business[es] of all types and size[s]."
The new approval will enable the Steel Company to continue operating in Camden and make additional capital improvements to its current facility.
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