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Pitney Bowes to open mail services site in Newark, New Jersey

Wednesday, February 10, 2010

Press release from the issuing company

Stamford, Conn. – Pitney Bowes Inc. and Newark Mayor Cory A. Booker announced today that Pitney Bowes has selected Newark as the site for its expanded mail services operations in New Jersey and will open a new International Mail Distribution Center there next month.  The relocation and expansion will bring 180 jobs to Newark, and is expected to create an additional 25 jobs in New Jersey's largest city over the next few years.

Mayor Booker will highlight this Pitney Bowes announcement during his State of the City Address, which will be held tonight at 6:30 p.m. at Newark Symphony Hall at 1020 Broad Street.

Pitney Bowes Mail Services is the nation's largest provider of presort services, aggregating outbound mail from many organizations and enabling more mailers to enjoy the benefits of postage discounts.  It is also one of the nation's largest providers of international mail services, allowing outbound international mail to get to its destination faster and at lower cost to the mailer.

The new facility, located in Newark's Enterprise Zone at 158 Mt. Olivet Avenue, comprises approximately 76,000 square feet of space.  When modifications to the site are complete, the site will have 64,000 square feet of production space, and approximately 12,000 square feet of office space, all air conditioned and operating on a 24/7 basis. It is estimated the new facility will process 50 million pieces of international mail per year.

Mayor Booker said, "We are very pleased that Pitney Bowes, one of the nation's largest providers of international mail services, is recognizing Newark's ideal location for the logistics industry by moving a major business unit to our City.  We are grateful that as part of the transaction, the company has committed to a First Source Agreement which will ensure that Newark residents are considered first for job openings. Thanks to Newark's Economic Development team and our State partners, we are continuing the transformation of our Newark by creating much needed jobs for our residents.  Together, we are building a stronger, safer, prouder City."

"I would like to thank the city and state officials who worked so closely with us to keep and grow these jobs in New Jersey," said John Ward, president, Pitney Bowes Mail Services. "We are very bullish on the work force here, and appreciate the progressive attitude on the part of government leaders who understand the needs of the business community.  We look forward to providing even higher levels of service to our customers in the greater New York and New Jersey markets."

Newark's Brick City Development Corporation (BCDC) and Urban Enterprise Zone (UEZ) teams worked with Pitney Bowes and the State of New Jersey to negotiate and coordinate this transaction.  The New Jersey Economic Development Authority recently approved a Business Retention and Relocation Assistance Grant and a Business Employment Incentive Program grant for this project. The facility is located in Newark's UEZ, one of 32 zones in New Jersey that the state has designated with specific incentives to revitalize urban communities and encourage business investment.  In addition, Pitney Bowes has signed a First Source agreement with the City of Newark and BCDC that commits the company to make a good faith effort to recruit and hire qualified residents of Newark who apply for positions at the facility through Pitney Bowes's online job application process.




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