For $138 Million Tax Break, N.J. Company Would Move 17 Miles

A Camden County company is relocating from its current location in West Berlin, N.J., to Camden after it received a $138 million tax break, according to reports. ResinTech, a family-owned water treatment company, will break ground on a new facility in late 2017. Its 265 employees will relocated to the new Camden headquarters after construction is complete. The state of New Jersey has given hundreds of millions in tax breaks over the last few years to companies to move to Camden.