Thursday, January 28, 2016

Report: Trailer Leasing Company Moving Headquarters to Newark

Newark, New Jersey: A company currently based in suburban Bergen County will move to the City of Newark. 

The headquarters of MAC Trailer Leasing, Inc., which does business as PLM Trailer Leasing, will be located at 3 Gateway Center in Downtown Newark. The building is located at the corner of Market and Mulberry Streets. Public records show that 25 new full time jobs will be created at the new 11,457 square foot office space. 

According to documents from the New Jersey Economic Development Authority, the company's lease at their Montvale headquarters will expire at the end of February. When PLM moves to Newark, it will receive tax credits as part of the Grow New Jersey assistance program. 

There are 28 PLM retail locations across the country, according to the company website. The NJEDA report states that PLM chose to move to the Gateway Center over a larger space in Rockland County, New York.

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