http://www.njbiz.com/article.asp?aID=73564
Standard Chartered Bank, based in London and Singapore, is considering bringing 300 jobs to Newark over the next two years, while Abbott Laboratories, an Illinois-based drug and medical device company, plans to create 87 new jobs at its East Windsor plant, according to the New Jersey Economic Development Authority (NJEDA). Both companies were approved for state incentive programs on Monday.
Standard Chartered says nearly half of its New Jersey jobs would be transferred to Newark from New York City. However, the company was still considering a competing incentive package from The Empire State to move the jobs to Utica, according to the NJEDA.
Abbott is planning a $3.3 million consolidation of its two East Windsor facilities to a much larger single site with room to grow the extra 87 jobs, the NJEDA said.