Holtec to begin relocation to Camden next month

Holtec International CEO and President Kris Singh announced this week in a year-end post on the company’s website that, in mid-February, the energy technology company will begin the process of relocating staff from its Marlton location to a new $312 million campus on the Camden waterfront.The new location, which received approval for up to $260 million in incentives from the state Economic Development Authority in 2014, will boast a 600,000-square-foot manufacturing and technology center that will house nearly 400 employees.

In his message, Singh said the Camden facility had received all of the temporary certificates of occupancy needed “on the last working day in 2016,” which he noted was ahead of schedule.

Singh added that that the company remains committed to being a part of Camden’s revitalization and has repeatedly stated that it plans to hire and train some city residents for positions.

“I am confident our campus will be ground zero for the renaissance of manufacturing in America,” Singh said. “Locating to one of the poorest cities in America gives us the unique advantage to train the city’s young and the poor, and thus making a difference in their future, which is often imperiled by the blight and deprivation that surrounds them.”

Officials first broke ground on the waterfront site in July 2015.