Marcal and Crow Holdings Development announced plans for the development of the 206,000-square foot facility.
The paper company and Crow Holdings Development announced plans to construct a 206,000-square-foot, state-of-the-art distribution facility on a portion of the Marcal property along Market Street in Elmwood Park. The site is located off Route 80, near Exit 61.
Following construction, operations at the new facility will result in an economic impact of about $28 million a year in the state, generate 240 full-time jobs, and result in about $630,000 in new property taxes to the borough, its school district and the county, the statements said. The plant employed about 500 workers. About 200 people were on the premises when the blaze began and everyone got out safely, officials said.
An affiliate of Atlas Holdings, the majority shareholder of Marcal, will invest in the project with Crow Holdings, the real estate developer said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indian Govt is Ready With its Consultation Paper on CryptocurrenciesThe Indian government has ramped up its effort to provide the much-needed clarity on cryptocurrencies.
Read more »
India Readies a Crypto Consultation Paper in Cooperation With IMF | CoinMarketCapThe Indian government is finalizing a national framework for cryptocurrencies. By CMCAlexandria Read more! 👇
Read more »
12 Charged After Drug-Infused Paper, Ink, Envelopes Detected In Larimer Inmates' MailNine male inmates and three female accomplices have been charged following the takedown of a drug trafficking organization that provided illicit drugs to inmates through their incoming mail.
Read more »
Fed paper looks at the potential effects of CBDC on monetary policyThe Fed released a paper that portrays four possible scenarios in which CBDCs could have significant effects on the US economy. The study analyzes the hypothetical impact from the perspective of the Fed, commercial banks, and U.S. households.
Read more »
Indian Government Finalizing Crypto Consultation Paper — 'We Are Looking at a Global Paradigm on Digital Assets' – Regulation Bitcoin News'There has to be a broad framework on which all economies have to be together,' said the government official. crypto cryptocurrency bitcoin $BTC
Read more »