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NJ Awards Goya Foods $82M Tax Break

The company said it is considering a plan to build a new 600,000-square-foot headquarters and warehouse in Jersey City for $127 million.

SECAUCUS, N.J. (AP) -- New Jersey has awarded the nation's largest Hispanic-owned food company an $82 million tax break while Goya Foods Inc. considers moving 369 jobs from New Jersey to New York.

The company told the New Jersey Economic Development Authority it is considering a plan to build a new 600,000-square-foot headquarters and warehouse in Jersey City for $127 million.

Goya would consolidate its Secaucus headquarters into the new structure and convert the old building into a manufacturing plant.

The Record newspaper (http://bit.ly/n0McPd ) reports Goya told the EDA it also is considering building an 893,000-square-foot facility and moving jobs to Suffern, N.Y.

The new building in Jersey City would employ 491 people, including 316 from Secaucus and 66 from Goya's Bethpage, N.Y.-based facility.