October 16, 2014
The expansion comes a year after the company’s warehouse burned down in New Jersey and will create 158 new jobs in constructing the new distribution facility in the Tacony section of Philadelphia. PIDC brought together the partners necessary to facilitate this expansion orchestrating a real estate transaction that assembled 77 acres of land from multiple public private sources. The new land allowed PIDC to sell Dietz & Watson 20 acres for its new distribution center. The transaction also created a 30-acre development site ready to house growing industrial companies and extended waterfront recreation along the banks of the Delaware River.