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Money

7 Reasons Sealed Air Moving Out of New Jersey

7 Reasons Sealed Air Moving Out of New Jersey
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Fortune 500 company Sealed Air Corporation is becoming the latest company to move out of New Jersey, and they’re taking a lot of jobs with them.

The company best known for making Bubble Wrap will be keeping a manufacturing operation in Saddlebrook, New Jersey.

Sealed Air will be moving its headquarters from Elmwood Park to Charlotte, North Carolina, along with 1,262 jobs, according to the Charlotte Observer. One reason for the move is because the state’s Economic Investment Committee has just approved up to $36 million in incentives.

Company CEO Jerome Peribere said that Sealed Air considered a number of factors in moving to North Carolina. “We believe Charlotte’s solid economy and its reputation for business friendliness, technology and innovation make it an ideal place for our employees to live and work,” Peribere said, according to Marketwatch.

 

New Jersey Unemployment Gets a Better Number

New Jersey Unemployment Gets a Better Number
BY MARY MARSHALL
NEWJERSEYNEWSROOM.COM

New Jersey’s job market seems to be headed in the right direction according to a monthly report which analysts consider “generally positive.”

With the addition of 8...

NJ Car Dealers Proved Untrustworthy

NJ Car Dealers Proved Untrustworthy
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Would you buy a used car from these men? The idea had been questionable at eight car dealerships in New Jersey until recently.

The Division of Consumer Affairs has reach...

2014 NJ Property Tax Rebate: What You Should Know

2014 NJ Property Tax Rebate: What You Should Know
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Governor Chris Christie found a way to take a big chunk out of New Jersey’s projected $1.7 billion budget shortfall this year. And a lot of state residents aren’t happy...

Atlantic City Casinos are Going Out of Business

Atlantic City Casinos are Going Out of Business
BY MARY MARSHALL
NEWJERSEYNEWSROOM.COM

Owners of the Trump Plaza Casino in Atlantic City confirmed rumors that have been circulating for months when they revealed Saturday that they expect to close thei...

E-ZPass Email Scam Spreads From New Jersey to East Coast

E-ZPass Email Scam Spreads From New Jersey to East Coast
BY FRANCESCA PHILLIPPY
NEWJERSEYNEWSROOM.COM

E-ZPass users beware. A phishing scam has started for all E-ZPass customers.

Publicity for the scam started when the Port Authority Bus Terminal in New York C...

7-Eleven Free Giveaway Schedule Goes All Week

7-Eleven Free Giveaway Schedule Goes All Week
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Convenience store powerhouse 7-11 is having another birthday, and the party is going on all week.

The store gave away free 12-ounce Slurpees for its 87th birthday on Fri...

Winning Powerball Numbers Worth $101 Million for Saturday, July 5

Winning Powerball Numbers Worth $101 Million for Saturday, July 5
BY BOB HOLT
NEWJERSEYNEWSROOM.COM
As the temperatures soared close to 100 degrees in New Jersey late last week, the Powerball lottery jackpot very quietly made its way into triple figures.

The current Po...

Peter Thiel gets another to drop out of college for Thiel Fellowship

Peter Thiel gets another to drop out of college for Thiel Fellowship
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Former Johns Hopkins University college student Alex Koren wants to make a difference.

Koren feels he has a better opportunity of doing that by dropping out of Johns Hop...

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