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Closing A Plant Will Be Costly To Companies If Proposed Bill Passes In NJ

By David Madden

WEST DEPTFORD, N.J. (CBS) – A bill to be introduced next week in the New Jersey legislature could prove rather costly to industrial firms that close up in the name of economy.

Standing in front of the former Sunoco refinery in West Deptford, Assemblyman John Burzichelli is among those who want the company to pay for the loss of some 500 jobs.

“Take away the industrial process and we have a scarred landscape which presents very limited use.”

A proposal he co-sponsors would divert any property tax refunds to DEP to pay for remediation not just by Sunoco, but any industry that closes up and moves out. Estimates are Sunoco’s refunds could top $20 million.

But company officials say their tax appeals have been ongoing, and the Eagle Point facility is not closed — it’s just being converted into a storage facility. Two hundred people work there now and remediation is already being discussed with the state.

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One Comment

  1. Catfish Bob says:

    Providing funds to return the land to what it was before the company built?
    Is that what this is about?

  2. noname says:

    it’s really going to hurt the small businesses. wow. bet they are all sorry now they set up shop there, if it wasn’t hard enough to open the businesses in Deptford and Westville in the first place ….

    they probably didn’t even take into account the effect this legislation would have on everyone. my family member is losing their job at Sunoco. but i still feel it’s wrong to do this.

    oh well…i kind of miss Jersey being the place i remember as a kid….a vast land of nothingness on the way to the shore.

  3. Dave in Doylestown says:

    If there’s penalties for closing a plant, no one will ever take a chance and OPEN one, ever again. At least not in NJ.

    All Burzichelli can do is take existing businesses hostage.

  4. dave says:

    That’s a great way to attract business- institute even more regulations (i.e., hoops businesses have to dive through).

    Are all elected officials really that dumb!?

    1. noname says:

      i think so, they can’t think past the current situation and when people – their constituants come calling on them saying “i’m losing my job, my community is losing a big employer” DO SOMETHING. they do something. not thinking of the consequenses…and the future. worst part of it all is that the never do a “what if” scenario. instead of preventative measures and measure to encourage business it’s all about grabbing a buck from businesses here and there, snag their tax rebate money. make them pay for this license and permit in this county , restrict what they can do on their business property. they aren’t qualified to hold the jobs they hold. they didn’t step up to be representatives to help anyone but themselves.

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