Dietz & Watson
RESGroup, together with Franzini Consulting LLC, assisted Dietz & Watson in obtaining financial incentives available through the New Jersey EDA’s Grow NJ incentive program. Dietz & Watson’s 300,000 square foot distribution center in Delanco, New Jersey was destroyed by a fire in 2013, requiring their relocation and lease of temporary distribution/warehouse space. With an immediate need to rebuild, the company considered the costs and benefits of consolidating their office and distribution functions in Delanco versus expanding immediately adjacent to their existing headquarters in Philadelphia.
RESGroup, together with Franzini Consulting, helped Dietz & Watson develop a strategy to maximize the available financial incentives, interfaced with NJEDA, performed a cost benefit analysis and completed all necessary application materials.
Dietz & Watson was awarded $30 million in tax credits over 10 years by the New Jersey EDA, potentially retaining or adding 350 jobs in Burlington County.