New Markets Tax Credit Coalition

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ResinTech

Construction of new production facilties for Resintech, Inc. and ActionPak, Inc. ResinTech Inc’s facility in Camden, NJ was the first ion exchange resin manufacturing plant built in the U.S. in over 30 years.

Investment

  • NMTC Amount: $16,500,000
  • Total Project Cost: $104,501,138

IMPACT

  • 350 FTE jobs
  • 403 construction jobs
  • Resintech is expected to clear approximately 26 arces of blighted land.

Investor

Voices from the Community

The NMTC provided a critical piece of financing to build our brand new manufacturing campus in Camden NJ.

-Adam Zell, CFO, ResinTech Inc., West Berlin, New Jersey

Project Description

Construction of new production facilities for Resintech, Inc. and ActionPak, Inc. ResinTech Inc.’s facility in Camden, NJ was the first ion exchange resin manufacturing plant built in the U.S. in over 30 years. The project directly responds to community needs by providing almost 200 new and accessible jobs to Camden, NJ residents in addition to another 150 jobs and 403 construction jobs.

MAP

Address: 1895 Federal Street, Camden, NJ 8105

Census Tract: 34007601300

Other New Jersey Projects

NMTC financing supported the creation of the Spruce Street Community Center, a 35,000 sq. ft. multi-purpose facility open to any youth in greater Mercer County.

The project is the largest mixed use development the city has seen in more than 40 years. The NMTC portion of the project supported ABC Supply Co. Inc.’s recently opened

A new facility to house the expansion of Cumberland County College's arts and business education programs
NMTC financing supported the renovation of a portion of a historic former mill building (Condominium Units A and A1), located at 1 North Johnston Avenue, Hamilton Township, Mercer County, NJ