N.J. approves tax break for Mars candy maker to bring 483 jobs to Newark

TRENTON — The state Economic Development Authority Tuesday approved a 10-year, $31 million tax enticement to the Mars candy company in Hackettstown that would bring 483 jobs to Newark, including 113 new jobs for New Jersey.

Mega candy maker Mars Wrigley Confectionary US LLC executives are planning to expand in either New Jersey or Illinois, where the famed candy maker already operates regional facilities.

By a 11-0 vote and one recusal, the authority approved a $3.1 million annual tax credit package over 10 years. Mars Wrigley would make $42 million capital investment in a leased 110,000-foot office complex, a …read more

Source: NJ.com Essex

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