Sika Kicks Off 250 KSF New Jersey Plant
Sika Corp. has started construction on its Northeast anchor plant in Upper Deerfield Township, N.J. The 250,000-square-foot mortar production facility is expected to be in operation by late 2025.
Designed by Manders Merighi Portadin Farrell Architects, the facility will rise on Route 77, according to The Press of Atlantic City, and will produce a range of mortars, catering to both residential and commercial construction needs.
The company, which specializes in the development and production of systems and products for bonding, sealing, damping and reinforcing in the building and automotive industries, is set to create 50 jobs in Cumberland County.
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Sika Corp. is also working on a fully automated warehouse in Marion, Ohio. The 150,000-square-foot facility is scheduled to become operational this month and will stock finished goods for various strategic construction and industrial markets across the U.S.
New Jersey’s industrial sector remains steady
New Jersey’s industrial under-construction pipeline as of May stood at 7 million square feet, according to a CommercialEdge industrial report. The market was surpassed by Atlanta (10.1 million square feet), Chicago (10.8 million square feet) and Dallas (17.3 million square feet), but fared better than Indianapolis (4.8 million square feet) and the Inland Empire (4.5 million square feet).
One of the largest projects underway is Rockefeller Group’s Logistics Center at Carneys Point, a two-building industrial campus in Carneys Point, N.J. The more than 1.1 million-square-foot development was financed with a $114.8 million construction loan.
Matrix Development Group also secured $93 million in financing for Matrix Logistics park, a 781,748-square-foot project in Budd Lake, N.J. The development will consist of two buildings.
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