Chemical Company to Move 300 Jobs Out of Wayne
Ashland Speciality Ingredients will relocate hundreds of jobs to Bridgewater.
Hundreds of Wayne jobs will be moved out of town due to a chemical manufacturing company relocating its laboratory and office space to Bridgewater.
Ashland Specialty Ingredients, which develops and manufactures chemicals for consumer and commercial products, will relocate most of its 300 workers, or about 60 percent, to a new 200,000 square-foot office in Bridgewater this summer.
Ashland Inc., ASI’s parent company, purchased International Specialty Products on Alps Road for $3.2 billion in August 2011. There was speculation when the transaction was announced that such a move would be made. Ashland’s lease agreement expires this year.
Ashland is the latest business to announce its intention to reduce or eliminate the number of jobs located in town.
Bayer Healthcare is moving its office to Hanover. More than 300 employees were laid off when the Drakes bakery closed after Hostess declared bankruptcy.
Van Peenen’s Dairy closed last September after a judge ordered that the company liquefy its assets to pay creditors. The land the 84-year-old business was on is for sale.
“It’s always a blow to the community when a business leaves,” said Council President Nadine Bello. “As administrators we’ve tried to entice other businesses into town. It just tells us that our infrastructure is outdated. We just have to come into the modern age and offer businesses more incentive to come to Wayne and stay in Wayne.”
Mayor Chris Vergano did not respond to a request for comment.
Gary Rhodes, an Ashland spokesman, said the company notified employees Ashland’s intent to eventually relocate “to a new site that will help establish a strong, independent Ashland business and brand identity separate from the historical presence of ISP operations and ownership.”
Ashland intends to sign a short-term lease for additional office space in North Jersey for the remaining 40 percent of the workers. Rhodes said Ashland is “actively pursuing” several options for the second site, which the company intends to be within a reasonable commute from the current location.
Rhodes would not comment on where Ashland has looked at having the second site located.
— Have a question or news tip? Contact editor Daniel Hubbard at Daniel.Hubbard@patch.com or find us on Facebook and Twitter. For news straight to your inbox, sign up for our daily newsletter.
Victor Alfieri
7:57 am on Tuesday, March 5, 2013
This current administration has excuses. No answers just excuses.
Scondo
8:01 am on Tuesday, March 5, 2013
When facilities are fully depreciated this often happens
Wayne Resident
8:32 am on Tuesday, March 5, 2013
What the heck are you talking about Scondo? That makes no sense and is not factual.
Donatello Nobatti
8:45 am on Tuesday, March 5, 2013
Liquefy or liquidate? :)
Justice
10:19 am on Tuesday, March 5, 2013
Too many restrictions, too many building codes, too many ordinance code violations. Too much Property Tax: $535,590 + 467.42 +
http://tax1.co.monmouth.nj.us/cgi-bin/m4.cgi?district=1614&l02=161402329____00001_________M
http://tax1.co.monmouth.nj.us/cgi-bin/m4.cgi?district=1614&l02=161402329____00001____QFARMM
Approx $600,000 in ratables, up in smoke, poof, gone,
Why didn't the Mayor or Council emphasize that aspect, other than use an outdated infrastructure as the excuse, opening the path for more taxpayer money abuse?
Wayne Resident
10:32 am on Tuesday, March 5, 2013
Mayor has no comment. Nice.
eyes wide shut
10:45 am on Tuesday, March 5, 2013
Does the Mayor ever have a comment? But then again why should he, he knows he will get voted in again...At least Gov Chirstie is a RINO (Repub. In Name Only)
Scondo
10:56 am on Tuesday, March 5, 2013
The Mayor commented. WR, In order to understand my earlier comment regarding depreciated facilities you would have to have a certain level of intelligence, knowledge , so I can understand fully why you would not understand.
Decline in the productive or serviceability of a capital asset due to the effects of environment and wear and tear is depreciation, it is not limited to an accounting concept. That facility is old, and when a corporate headquarters shows wear around the edges they frequently look for a better site. Corportions regularly assess their needs and the facilities they operate from. Now with that little bit of education , even you should begin to grasp the concept .
Wayne Resident
11:16 am on Tuesday, March 5, 2013
Scondo, I don't need your take on accounting theory. I'm a divisional CFO of a Fortune 500 company. My level of intelligence, as you suggest, can not comprehend these concepts. For your information only, I'm a CPA, MBA, MS in Taxes.
Also, where did the mayor comment? According to the article the Council President commented.
"Mayor Chris Vergano did not respond to a request for comment." Do you understand the difference between the two positions?
I've dealt with these issue many times in my career. Not a depreciation issue as you suggest.
EMILIO
11:20 am on Tuesday, March 5, 2013
you got to remember the mayor, town council are not business people their more for pictures with new business opening or the brownies that came back from a field trip no excuse why there wasnt more incentives upgrading to keep bayer and ISP here which are great companies, hostess cant blame is a different story
Nose Wayne
11:37 am on Tuesday, March 5, 2013
Scondo,I have read that article several times and did not see him comment ? if everyone notices it's the same old story. NOSE comment, did not respond for comment, out cutting a ribbon on a new massage parlor. Try calling but his secretary, she left the beginning of the year and NOSEbody is in his office to answer the phone. And then we go back to that famous Queen song "Another one bites the dust"..
stewart resmer
11:56 am on Tuesday, March 5, 2013
you dont suppose the anti business climate exhibited by the council these last several years where sevearl high profile legitimate business entities had to go to court time and again at a cost of multiples of hundreds of thousands of dollars only to see the township lose @ taxpayer expense to say nothing of the examples we may not have heard about has anything to do with business flight from town do you?
Scondo
11:58 am on Tuesday, March 5, 2013
Read the Record:It's sad when any business decides to leave the township," Mayor Christopher Vergano said, referring to the company, which was formerly part of GAF. "They have been in Wayne a very long time.
"In times of consolidation this seems to be happening more and more," he added. "A lot of their employees live in the township, shop in the township. And hopefully they will find somebody to take their place."
WR, sounds like you have the insider information that we really want to know. So what is the real reason ? I also love when I can get you to rise to the bait.
Wayne Resident
12:18 pm on Tuesday, March 5, 2013
No info other than commen sense. yes, you are good at annoying people :)
Al Scala
12:02 pm on Tuesday, March 5, 2013
Infrastructure? Outdated? My opinion is that the Mayor and Council are OUT OF TOUCH with the people and the business' here in town. I'm surprised she didn't define infrastructure as the County roads, as they always like to blame them because they're Democrats. Don't get me wrong, I don't like them either. They suck also. Why doesn't the Mayor call Dan Hubbard and comment on this. Dan is always up for updating his content. C'mon Mayor! Make a comment! Let's hear what you have to say. What is the plan going forward to entice business', to move into Wayne. I'm sure it's not the tax structure!
stewart resmer
12:24 pm on Tuesday, March 5, 2013
couldnt be lack of infrastructure there must be 20 traffic signals @ alps rd and ratzer alone now right? nawwwwwww
Nose Wayne
12:29 pm on Tuesday, March 5, 2013
The Mayor would comment but he is only a "part time" Mayor that only has time to cut ribbons and check his "NOSE comment" messages.
Adam Smith
12:52 pm on Tuesday, March 5, 2013
The only time I hear from our mayor is "Tax will increase"
Nose Wayne
1:03 pm on Tuesday, March 5, 2013
They will end up tearing all the buildings downs like State Farm so they only have to pay taxes for the land and not the buildings. And then guess who pays for the loss ?
Bill
1:51 pm on Tuesday, March 5, 2013
Chris is a dink (Democrat In name Only).
The Mayor changed parties some time ago.
Resident Kelly
1:52 pm on Tuesday, March 5, 2013
Sounds to me like this council and mayor are what is "outdated". TIme to get some new blood in there come the next election
Pad
2:34 pm on Tuesday, March 5, 2013
Another ratable down the drain and the property will remain vacant for years probably. The Mayor only comments at ribbon cutting ceremonies. The Mayor & Council have to wise up. They are out of touch with the community, its taxpayers and even it's commercial ratables. There is far to much regulation in this Township. Other towns like Clifton etc are haveing no problems attracting ratables and buisness's. There is no excuse for West Belt Mall, Preakness Mall, The Pancake House & State Farm property other then our Township leaders. Why are these malls and properties still vacant. Maybe they should stop patting themselves on the back all the time and get off thier a--es and sell Wayne as a good place to do buisness instead of discouraging them from coming here. This Mayor has to go. They are destroying the taxpayers and commercial ratables here in Wayne. They need to put a freeze on all spending and hiring. I have said this for years Wayne is in a downward spiral and at this rate when they finally wake up to the fact it will be too late. Losing these employee's, the property taxes will be another big blow to Wayne and those of us that are left will be footing the bill.
Al Scala
2:49 pm on Tuesday, March 5, 2013
The political saying "Time for a Change" is an old one which has been overused over the years. In my opinion, it is very prevalent to our situation here in Wayne. This town needs a change, a breath of fresh air very badly. We need somebody to start fresh with new ideas, new passion to get the job done here. Keeping these people in office is the SAME OLD, SAME OLD. Something has got to give here! Honestly, I don't care what party they're from. We need change and we need it bad. There is one certainty here......Re-elect these people and nothing will change. The status quo is unacceptable. I feel this town has flatlined with no fibrillator in sight.
Nose Wayne
4:05 pm on Tuesday, March 5, 2013
Gee it would have been nice to see a nice brand new Lowe's on Rt. 23. But NOSE was the word from a handful of NIMBY. We can't afford to turn away businesses that want to come in.Quick Chek is building two nice gas/food mart stores on Hamburg Turnpike. Already people are complaining in Pompton Lakes about the building and the underground tanks. Put it as close to the road as possible where it doesn't flood.Do we really need anymore vacant buildings in Wayne ? Wake up Mayor and answer your telephone once in a while.I'm not voting for "NOSE COMMENT"
KrisTee
9:51 pm on Tuesday, March 5, 2013
Would giving a tax rebate to a business work? Maybe a certain period of time where a business would recieve a tax abatement so they will stay or even come to Wayne? I am wondering if that would work.
John Smith
1:54 am on Wednesday, March 6, 2013
More destruction for Wayne. Enjoy.
The Mayor, the Tax Assessor and other is still liable for the damages they caused a resident in 2011 by conspiring with American Tax Funding and Robert Del Vecchio of Hawthorn to steal his property. They are facing many millions in damages. Out of 20+ claims for damages, the federal judge has not dismissed a single claim. Now we find out that they had rigged the tax lien system. Double and triple enjoy Wayne!
Scondo
9:25 am on Wednesday, March 6, 2013
Is the mentioned person related to the current Democratic candidate for Mayor ?
Scondo
9:25 am on Wednesday, March 6, 2013
And sometimes companies pick up and move their headquarters just because the CEO or CFO has a wife who likes horses and wants to be in Bedminster instead of Franklin Lakes., and he doesn't like long commutes and the current facilites have no helipad. Sometimes it has nothing to do with the local Mayor.
Al Scala
10:16 am on Wednesday, March 6, 2013
OK Scondo...I'll go along with that hypothetical comment. What is our Mayor and Council doing about this? Have you heard anything? Has the Mayor taken the time to articulate his position on this like developing a model to attract new busiiness' here in town? In light of all these recent events involving BAE, Ashland, Drakes, BayerHealthcare, have you heard him come out and say anything positively? Is there a plan in place? What are they doing to offset these losses? Have you heard anything other than a "No comment" why doesn't the Mayor make a statement here on Patch or any other media? Instead they leave us out in the cold, not arresting our fears about things and say nothing.What you need to do is hit your head on something, to come to your senses that these guys have got to go!
Scondo
3:42 pm on Wednesday, March 6, 2013
Those are alll very good questions and they should be asked at the council meeting during the public section. Look forward to seeing you there.
Pad
4:10 pm on Wednesday, March 6, 2013
Lets face it. The Mayor is a ribbon cutter nothing more. The Council controls everything and many get in from being appointed mid-term. Most served on the BOE previously so they will never rise up against the uncontrolled spending going on there. The Mayor is responsible for not having plans or a strategy to help solve these issues in Wayne. Look at the spending that the council approves some of it isn't needed. There needs to be a hiring freeze in all departments and a study to get more productivity out of township workers. There is a sidewalk that was lifted up on Garside Avenue from a fallen tree during Sandy. The sidewalk isn't broken just lifted up. Its still there untouched by the towns DPW Dept. And this is right across the street from the middle school. Its dangerous and unsafe. Why hasn't this been corrected? They seem to have alot of time in the parking lots having coffee etc. Where are the DPW Suprvisors? Do they realize thier job is to supervise employee's under them and not just sit in the office all day collecting thier paychecks. When a tree fell across the road one cone was placed on the darkened roadway when darkness fell a girl was almost decapitated when her car went under the fallen tree. Surely with all the taxes we pay Wayne should have had better roadway warning devices then a single cone in the middle of the street. Yes, it was a busy night but you don't leave a dangerous situation that way on a busy roadway. We need leadership not the Ship of Fools!
Nose Wayne
8:20 pm on Wednesday, March 6, 2013
Just watching the council meeting and a firemen just was given an award for 40 years of service. Said he joined in 1973 and the Mayor said "I don't remember what I was doing in 1973 ?".You were in the eighth grade of Schuyler Colfax Junior High School Mayor to refresh your memory. And this coming from a person running this town? I NOSE where I was in 1973.
Pad
9:37 pm on Monday, March 11, 2013
Maybe we can get pictures of the Mayor for the Wayne Today padlocking the gates or locking the doors of every buisness and resident moving out of Wayne. Better yet why don't he have a "Good Bye" committee. They can officially say "Good Bye" to every Company & resident moving out of Wayne. Maybe hand them a little post card with the Mayors picture on it taking credit for the mess we are in. It would be a change from the "Ribbon Cutting Duties".