MAHWAH, N.J. -- Mahwah is keeping an important business in town with Jaguar Land Rover moving their North American headquarters from MacArthur Boulevard to a larger site located off Route 17 and Interstate 287.
Formally the headquarters for Sharp Electronic, Jaguar Land Rover's new location has a total of 23 acres of land with a 350,000 sq. ft. warehouse. Jaguar was offered tax incentives to stay in New Jersey as part of a program designed to create jobs and strengthen the state's economy.
The Township of Mahwah was especially thankful that an important business didn't flee the town for a larger city. “I am honored to welcome Jaguar Land Rover to their new location on a bigger stage, with a more prominent role within our community," said Mayor Bill Laforet.
Technology was a big reason for the company's decision to upgrade their facility, as Jaguar Land Rover plans to build a state-of-the-art product research, training and development center. Jaguar remaining in Mahwah brings a host of economic opportunities to the town including new jobs, a lower tax rate and tourism through company events.
"Jaguar Land Rover is one of the more significant accomplishments of my administration," said Laforet. "Early on, we set goals to retain and grow our corporate clients in Mahwah and I am pleased that Jaguar Land Rover has determined that Mahwah is the best town to continue to host its North American business.”
For more information about the Township of Mahwah, click here.