FLORENCE TOWNSHIP, NJ—NFI, a Cherry Hill-based supply chain solutions provider, has broken ground on a facility that Mike Ricketts, the president and founder of Quality Packaging Specialists International, says will create “a transcending future” for his specialty packaging company.
At groundbreaking ceremonies attended by New Jersey Lt. Gov. Kim Guadagno and Florence Township Mayor Craig Wilkie, Ricketts tells GlobeSt.com exclusively that the new 377,440 square foot facility at NFI Park at Florence Crossings, will enable his company to “stay ahead of the curve in the packaging industry.”
Watch our exclusive video news report about the project in the player below.
“In the contract packaging space, you've got to keep bringing something new to the table,” says Ricketts. “We've been able to do that over the last 25 years. We'll be able to develop new package designs and concepts into the future.”
QPSI, which previously operated from Moonachie, NJ, will establish its new corporate headquarters and packaging supply chain center of excellence at the site. QPSI provides packaging supply chain solutions in the pharmaceutical, health, beauty and consumer goods sectors. QPSI joins Subaru and three other tenants at the complex.
Lt. Gov. Kim Guadagno tells GlobeSt.com exclusively that Grow New Jersey credits awarded to QPSI for the project not only helped keep the company in New Jersey, but also enabled the firm to draw in several of its clients in other states to a deeper business relationship in the Garden State.
“My job is to cut through red tape and make sure businesses get answers,” she says. “That helps businesses have confidence in New Jersey again. So if the numbers work, and we can show them they are welcome here, then these companies will stay here and grow here.”
“With the building for QPSI, we'll have finished out 1.7 million square feet at the park,” said NFI president and vice chairman Jeff Brown. “We're finished from an industrial standpoint. We still have some retail opportunities along Route 130.”
Brown says NFI will work with the township and other major firms like Burlington Coat Factory to develop the retail frontage of the site in a way that “benefits the entire community.”
The strategic location of Florence, NJ places QPSI at a crossroads of major highways with easy access to the New Jersey Turnpike, Route 295, Interstate 95, and the Pennsylvania Turnpike.
The architect for the QPSI project is KSS Architects and the general contractor is Arco Design/Build NE. CBRE was the real estate broker for both sides of the transaction and Taylor, Weismann & Taylor are the civil engineers. The project is expected to be completed in April 2017.
FLORENCE TOWNSHIP, NJ—NFI, a Cherry Hill-based supply chain solutions provider, has broken ground on a facility that Mike Ricketts, the president and founder of Quality Packaging Specialists International, says will create “a transcending future” for his specialty packaging company.
At groundbreaking ceremonies attended by New Jersey Lt. Gov. Kim Guadagno and Florence Township Mayor Craig Wilkie, Ricketts tells GlobeSt.com exclusively that the new 377,440 square foot facility at NFI Park at Florence Crossings, will enable his company to “stay ahead of the curve in the packaging industry.”
Watch our exclusive video news report about the project in the player below.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
