Advanced Manufacturing

The New Jersey sales and use tax exemption for manufacturers enables machinery, apparatuses, or equipment to be purchased without paying New Jersey sales and use tax. The equipment must be used primarily in the production of tangible personal property by manufacturers, processors, assemblers, or refineries.

Companies operating in Foreign Trade Zones (FTZ) pay no duties on merchandise imported for manufacturing or assembling when the final product is exported outside of the United States. Duties are only paid when these products leave the zone for the domestic market.

If a business is located within the 32 Urban Enterprise Designated Zones (UEZ) in New Jersey, there are a variety of benefits including a lower sales and use tax rate, tax-free purchases on certain items, subsidized unemployment insurance, and energy sales tax exemptions for qualified manufacturing firms.

The New Jersey Manufacturing Voucher Program assists manufacturers that intend to purchase equipment that integrates advanced or innovative technologies, processes, and materials. The program provides grants sized at 30% to 50% of the cost of eligible equipment.

The Workforce 55+ On-the-Job Experience (OJE) Program supports private, non-profit employers who offer eligible job seekers the opportunity to gain work experience and may do so at no cost. OJE participants’ salary is covered for four weeks by a federal grant, providing employers with an opportunity to observe and train the employee before making a permanent hire.

The On-the-Job Training (OJT) Program is eligible to all New Jersey-based companies who hire full-time positions. Employers are reimbursed 50% of new employee’s wages for a period of up to 26 weeks in exchange for providing training in a specialized skill set.

The Federal Bonding Program is a unique job placement tool that provides employers with insurance for hiring jobseekers who have poor credit histories, are recovering from substance abuse, are on public assistance, or are justice-involved.

The Opportunity Partnership for Business is available to all New Jersey-based businesses to support employers design the training program they need to fill a skills gap in their industry.

The Registered Apprenticeship is an industry-driven training model that combines paid on-the-job learning with classroom instruction. The employer can develop training that aligns cohesively with their business needs.

The New Jersey SmartStart Buildings Program can provide a range of support to yield substantial energy savings for new and existing buildings. Incentives are available for any size project, which can offset some of the added cost of purchasing qualifying equipment.