Tuesday, December 9, 2014

Liscio’s Bakery Acquires 107K SF Manufacturing Facility from ADM

by Steve Lubetkin GlobeSt.com
Liscio’s Bakery, encouraged by $13.5 million in Grow New Jersey tax incentives, is nearly tripling its manufacturing facilities in Glassboro with the acquisition of a 107,364-square-foot industrial building formerly owned by Archer Daniels Midland at 600 Ellis Street in Glassboro, NJ.

“We are pleased to welcome Liscio’s Bakery to this outstanding facility in Glassboro. Moreover, we are thrilled that through our commitment to keeping business in New Jersey, and the outstanding incentives programs offered by our administration, that Liscio’s will continue to call New Jersey home and bring new jobs to our state.”

The transaction nearly triples the size of Liscio’s current manufacturing facility on Delsea Drive in Glassboro.  While considering a move to Philadelphia, the company received $13.5 million in “Grow New Jersey” tax incentives from the New Jersey Economic Development Agency.

Liscio’s Bakery also operates three retail stores – one in Glassboro and two in Washington Township, NJ. The new facility will primarily serve as its bread and roll manufacturing facility.  The company currently employs 176 workers and plans to add another 71 jobs at this location.

600 Ellis Street is a 107,364-square-foot single-story industrial building located in Glassboro, just off Route 55.  ADM previously used the building for its cocoa manufacturing business, until closing its operations in 2009. The building, situated on a 40-acre lot, features 28’ clear ceilings, five tailgates, two drive-in doors, ample parking and a fenced yard


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