PATERSON, NJ – In a continued effort to create jobs and a vibrant local economy, city officials are looking to Paterson’s storied industrial past, and, in some ways, making it the future.
On Tuesday, June 18, Mayor Andre Sayegh, joined by Congressman Bill Pascrell and Freeholder Director John Bartlett, cut the ribbon at the new headquarters of Yoland Corporation, a worldwide manufacturer of illuminated parachutes used by the United States military.
“We are bringing manufacturing back,” Sayegh said as industrial sized sewing machines and looms buzzed just feet away from the podium he spoke behind. “We are bringing Paterson back.”
Started in Israel in 1976, Tal Ginat, the company’s CEO said, Yoland first expanded to the US in 1999, and, by 2011, had grown to become the U.S. Army’s main source for the top quality textile products used by American soldiers for a number of applications including delivering ammunition and participating in rescue missions.
Noting that the company had already hired 40 local residents, and was seeking to fill more positions, Sayegh added that as it was bringing more jobs “Yoland Corporation is a fundamental piece to the economic development growth of Paterson.”
“I am proud that Yoland Corporation has found a home in Paterson, and we look forward to supporting their growth.”
Speaking of his efforts, along with former Congressman Rodney Frelinghuysen, to prevent past federal efforts to shutter Picatinny Arsenal in nearby Morris County, Congressman Bill Pascrell said that the arrival of Yoland in Paterson was evidence that military facility still played a major role as a jobs creator throughout the region.
The location of Picatinny, and its status as one of Yoland’s most prolific buyers, Ginat would say, was one of the major factors in the company’s decision to make the move from Brooklyn, where they had been located for 20 years.
“You are now part of the family, part of our community, and a part of something special,” Pascrell said.
Both Passaic County Freeholder Director John Bartlett and Paterson’s Director of Economic Development, Mike Powell, spoke to the shared efforts of local and county government to attract Yoland, and other companies.
“As they were exploring a move to New Jersey, we introduced company officials to representatives from the NJ Economic Development Authority, the NJ Business Action Center, and the NJ Department of Labor,” Bartlett said. “Passaic County will expend these same efforts for any companies looking to relocate and expand here.”
Yoland was one of the first companies the nascent Administration met with after Sayegh took over in 2018 Powell said, their arrival signalling that “manufacturing is not dead, and it’s coming back to Paterson.”
Celebrating the completion of their move, which he said involved switching to a new location after their initial choice fell through, Ginat praised everyone, singling out Paterson’s UEZ Director, Penni Forestieri, for there “help and support” in making the transition a smooth one.
“This is our new home,” he concluded.
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