PHILADELPHIA-A new Dietz & Watson food warehouse and distribution center will be built here, and the company will not rebuild the Delanco, NJ, facility that burned last fall – despite a $3.1 million tax incentive offer to rebuild in New Jersey.

The cold cut producer, which has its headquarters in Philadelphia, will relocate 110 jobs from the former Delanco facility and retain nearly 700 jobs already in Philadelphia, after after an aggressive campaign to lure it do so by Pennsylvania authorities. (see previous story.)

Pennsylvania Gov. Tom Corbett announced that the company will build a new $50 million distribution center and “food campus” in the city's Tacony section, with the aid of $2.1 million in state grants and eligibility for up to $12 million in loans and other funding.

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