NJCC closes $15 million Tax Credit deal for ResinTech in Camden

New Jersey Community Capital, a community development financial institution, just closed a $15 million New Markets Tax Credit financing transaction for ResinTech. The family-owned company, a global manufacturer of ion exchange resins used in water and wastewater filtration, will use the money for its sprawling campus in Camden.

JPMorgan Chase, the massive New York City bank, served as the Tax Credit investor and added another $3 million, bringing the total allocation to $18 million, according to ROI-NJ. The investment will fund an approximately $18.6 million project featuring a 34,500-square-foot addition to the manufacturing and warehouse facility.

Construction is expected to begin in October 2026 and wrap up in October 2027. Located in a deeply distressed census tract, the expansion will retain 259 existing jobs, create 100 new permanent full-time positions, and support about 113 construction jobs. ResinTech operates as a fair-chance employer providing local residents with criminal records a pathway to stable employment, alongside a work-study program with Mastery High School of Camden.

"With NJCC’s investment, ResinTech will expand manufacturing in Camden, create more than 100 local jobs, and increase production of critical water treatment solutions, including PFAS removal," said ResinTech CEO Jeff Gottlieb. This marks New Jersey Community Capital's second Tax Credit investment in ResinTech, following a $7 million deal in 2019 that helped the company relocate from West Berlin to Camden.

For local business owners, tracking these large-scale manufacturing expansions offers a clear window into where regional development dollars are landing.