Konica Minolta New Jersey Expansion Plan

Originally written and published at wirthconsulting.org
Konica Minolta Expanding Corporate Campus in Ramsey, New Jersey

Konica Minolta Business Solutions USA reported it is expanding its headquarters in Ramsey, New Jersey.

The expansion has been funded in part by “Grow NJ” tax credits of up to $29 million, approved by the New Jersey Economic Development Authority. The NJ Business Action Center has assisted the company through the process. The project would amount to a $20 million investment by Konica Minolta and is said to benefit the state by $65 million over 20 years.

The firm says its growth into smart-office technology products, industrial printers, managed services (including IT services), managed voice and recent corporate acquisitions have been the driving workforce behind the expansion.

The Ramsey corporate headquarters currently employs 474 people in two buildings using approximately 191,000 square feet of space. Plans under consideration for the new corporate campus include a 29,400-square-foot addition, the lease of additional space and expanded parking facilities. The company also plans to create an additional 400 jobs.

“Our new corporate campus will bring employees together to foster collaboration and fuel further growth for our organization,” , Konica Minolta Business Solutions U.S.A president and CEO Rick Taylor said.

“We are eager to grow our workforce in New Jersey to ultimately better serve our customers. The Ramsey location is ideal for us to attract talent from the tri-state area while balancing the flexibility we need to grow our business,” he said.