CNBNews Archives: The $260M Holtec Project

William E. Cleary Sr. | Cleary’s Notebook News

(CNBNews)(July 1, 2015)–The $260 million Holtec project at the Broadway Terminal, Broadway and Morgan Blvd., Camden City is moving forward. The terminal is managed by the South Jersey Port Corporation (SJPC). Holtec entered into an agreement last year with the state of New Jersey to build a state-of-the-art Technology Center in Camden which will take up to four years to construct.

Kris Singh, president and CEO of Holtec said, “Holtec will have spent at least $260 million by 2018 to make the company eligible for tax incentives that get distributed over the following 10 years. The net value of the state’s support to our Camden project, after federal taxes and net present value computation, comes to less than $150 million. Thus we are spending $260 million today in the hope that we will be reimbursed about $150 million through tax credits by 2028. (Source The Philadelphia Inquirer).Read more at http://www.philly.com/philly/opinion/20150427_Bring_jobs__opportunity_to_a_revived_Camden.html#MRApHwvzp0fKsDx9.99

The Center is being configured to foster a synergistic environment for developing innovative designs for the power industry and for manufacturing of complex weldments in a precision fabrication facility. The Center will have over 500,000 square feet of fabrication, machining, and staging space served by cranes with up to 400 ton capacity. Another 100,000 square feet structure will house the “test loop, laboratory, and training facility”.

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Join us for Coach Bingo on June 12th in Atco!

COACH BINGO sponsored by the Camden County Hero Scholarship Fund Friday, June 12^th.

7:00 pm (doors open at 6:00 pm) St. Rita’s Hall – Christ the Redeemer Church 315 Carl Hasselhan Drive, Atco, NJ.

$30 per personMust be 18 years of age or older to attend.

10 Games … 10 Chances to win a Coach Pocketbook!

Bonus Game and 50/50 will be held at additional charge.

Bottled Water, Soft Pretzels, Coffee and Desserts will be served.

Please feel free to bring your own snacks and refreshments!

To reserve tickets:

Call Dawn: (856) 768-9656 or email: dawn@camdencountyhero.com

Call Cathy: (856) 287-9743

Seating is Limited so call today!

Proceeds benefit the families of Camden County’s Police, Fire & EMS Personnel killed in the line of duty.

ID #35-5-23729

Garden State Wine Growers Association Cancels “Sips, Stars & Stripes: A NJ Wine Revolution”

The Garden State Wine Growers Association (GSWGA) has announced the cancellation of Sips, Stars & Stripes: A NJ Wine Revolution, originally scheduled for May 30, 2026.

The decision comes in response to the unprecedented freeze events that impacted vineyards across New Jersey during April 2026. According to vineyard managers and growers throughout the state, prolonged overnight temperatures below freezing caused extensive and widespread damage to grapevines in nearly every wine-producing region of New Jersey.

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What Makes Georgia Deck Builders Different from Contractors in Other States

If you moved to Georgia from another state, or you’ve been reading general home improvement content online, you might have noticed something: advice that works fine in Illinois or Colorado doesn’t always apply here. The climate is different. The soil is different. The neighborhoods are different. And if you’re hiring someone to build or renovate your outdoor space, all of that matters a lot. Experienced Georgia deck builders don’t just show up with tools. They bring specific knowledge about this state that a contractor from somewhere else simply doesn’t have. Here’s why that gap is bigger than most homeowners realize.

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Rowan Names Rob DePersia ’19 as Head Men’s Basketball Coach

GLASSBORO, NJ – Rob DePersia has been named the head men’s basketball coach at Rowan University, marking a return to the program for the 2019 alumnus. Director of athletics Shawn Tucker announced the appointment as DePersia becomes the 14th head coach in the Profs’ history.

DePersia returns to Glassboro after spending seven years at the Division I level. He worked for a total of five seasons with the Villanova University basketball program, including two with Naismith Hall of Fame coach Jay Wright, while also gaining experience at Fordham University, and most recently, at the University of New Haven.

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Camden, New Jersey Was ABANDONED & Left to ROT

Winslow Township Memorial Day Service

Memorial Day Service

Join Winslow Township officials and veterans at the Municipal Complex War Memorial to honor those who served. A solemn ceremony dedicated to our fallen heroes.

When: Mon, May 25 | 10 AM
Location: 125 S. Route 73, Braddock, NJ | War Memorial

Male Wanted for Indecent Assault

The Philadelphia Police Department’s Special Victims Unit is requesting the public’s help to identify and locate a male suspect involved in an indecent assault within the 26th District.

The incident occurred on May 13, 2026, at approximately 12:45 p.m. on the 2600 block of Collins Street. According to the complainant, she was walking when the offender approached her from behind, aggressively grabbed her, and then fled on foot, traveling southbound toward Huntingdon Street.

The suspect is described as a Black male, estimated to be between 30 and 40 years old with a medium build. At the time of the assault, he was dressed in all-black clothing, including a black coat featuring a fur-lined hood, and was seen carrying a crossbody bag.

Anyone with information regarding the identity or whereabouts of the individual depicted in the attached photos is urged to contact the Special Victims Unit at 215-685-3250/51 or dial 911.

Dover Motor Speedway Prepares for NASCAR All-Star Weekend

NASCAR’s annual All-Star Race comes to Dover Motor Speedway this weekend for the first time at the World’s Fastest One-Mile Oval and the first time in the Northeast, bringing a $1 million prize along with several competition-focused changes to The Monster Mile.

In preparation for the NASCAR Cup Series’ return to Dover, NASCAR and track officials have been working to widen the racing groove and increase grip around the concrete oval.

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Ribbon cutting for Mount Pleasant School House, Bellevue State Park, May 15 at 2 p.m.

What: Ribbon cutting for Mount Pleasant School House at Bellevue State Park

Who: Representative Debra Heffernan, Friends of Bellevue State Park, other dignitaries, partners and honored guests

When: May 15, 2 p.m.

Where: Mount Pleasant School House, Bellevue State Park, 800 Carr Road, Wilmington, Delaware 19809

Why: The Mount Pleasant School House at Bellevue State Park was one of the first public schools built under the Free School Act of 1829, which divided each county into many school districts and provided funding to build a school house. The one-room school house was used from 1830 to 1864 to teach children of all ages from the local farming community reading, writing, arithmetic and English grammar, led by a single teacher. The school house was restored by Delaware State Parks in partnership with the Friends of Bellevue State Park to serve as an interpretative center for the public to experience the rich history of Bellevue and its community.