NJ Chamber Statement on Kenvue HQ announcement

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Johnson & Johnson has a long, storied history in New Jersey and we are pleased that its spinoff, Kenvue, has chosen Summit as its headquarters. The company received no state tax incentives when making this decision. Therefore, this is another recent example of a company looking at all New Jersey has to offer its employees and operations and choosing the Garden State over other states due to our superior demographics, our enormous array of assets and our ideal location. Additionally, we wish Kenvue, a soon to be Fortune 100 company, the all the best as it delivers iconic brands to consumers in New Jersey and the rest of the world. This is a win for our economy and all New Jerseyans.

 

Tom Bracken, President & CEO, New Jersey Chamber of Commerce

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