Telamon, an Indiana-based telecommunications services company, is in the process of moving its Levittown, Pennsylvania, warehouse and distribution center to Corn Road in Dayton area of South Brunswick. The company plans to bring 31 jobs to an area that has seen more than 500 jobs leave in just the past few months.
Based in Carmel, Indiana, 35-year-old Telamon specializes in information technology deployment, receiving, and installing IT hardware and software for its clients.
According to the state Economic Development Authority, Telamon is taking advantage of the Business Employment Incentive Program, which provides money to businesses that bring at least 25 jobs to the state, either by starting, expanding, or relocating to New Jersey.
Caren Franzini, EDA’s chief executive officer, said in a statement that Telamon’s move “shows that our state remains an attractive location for businesses that want to grow and succeed.” According to Erin Gold, spokeswoman for the EDA, Telamon will collect $102,079 over 10 years. The company has already hired 10 employees who are working in South Brunswick, she said.
The company’s new location fits neatly into the industrial belt surrounding the New Jersey Turnpike in Middlesex County. It also fits as a member of a populous Asian-American community there. Telamon is considered one of the top Asian-owned employers in the country and has more than 500 employees at nine sites in the U.S. and China.
The move is good news for an area that has been leaking jobs for the better part of a year. In November Dow Jones packed up 76 employees from its Ridge Road newspaper printing center as part of a national consolidation for that company. Worse news from the same month was Pfizer’s decision to close the 425-person Fort Dodge facility on Ridge Road as part of its restructuring in the wake of acquiring Wyeth Pharmaceuticals.
The site is near the Exit 8A industrial submarket that has taken a beating in recent months, and is struggling through a vacancy rate of nearly 30 percent.
#b#Telamon#/b#, 2 Corn Road, Dayton 08810; 732-356-0730. Stephanie Furhmann, president. Home page: www.telamon-corp.com.