A water-treatment manufacturer on Camden's industrial waterfront is about to get bigger, with a freshly closed $15 million financing deal clearing the way for a 34,500-square-foot expansion expected to create 100 new permanent jobs. The project, valued at roughly $18.6 million, will also support approximately 113 construction jobs while helping retain 259 existing positions at the plant.
New Jersey Community Capital announced the closing of the New Markets Tax Credit financing for ResinTech's Camden expansion, according to ROI-NJ. The deal is designed to fund the addition to ResinTech's manufacturing and warehouse facility, with construction expected to begin this October and wrap up in October 2027.
JPMorgan Chase served as the tax-credit investor on the deal and kicked in an additional $3 million in NMTC allocation, bringing the project's total allocation to $18 million. It's the second time New Jersey Community Capital has backed ResinTech with New Markets Tax Credit financing — the first came in 2019, when the organization closed a $7 million transaction that helped the company relocate from West Berlin to Camden and build a 170,000-square-foot manufacturing facility.
A Family-Owned Manufacturer With Deep Camden Roots
ResinTech, described as a family-owned global manufacturer, makes ion exchange resins used in water and wastewater filtration. Its Camden facility opened in 2020 on a 27-acre campus and has been described as the first U.S. facility in more than 30 years to produce ion exchange resins. The company added 25,000 square feet of warehouse space to the site in 2024, and the expansion now underway builds on that growth trajectory.
ResinTech CEO Jeff Gottlieb said the latest expansion will increase manufacturing in Camden, create more than 100 local jobs, and increase production of critical water treatment solutions, including PFAS removal. The expansion is located in a deeply distressed census tract in Camden, the kind of area the federal New Markets Tax Credit program is designed to steer private investment toward — the program broadly aims to incentivize community development and economic growth by attracting capital to distressed communities.
Jobs Pipeline Includes Local High School, Fair-Chance Hiring
Beyond the construction and permanent job numbers, ResinTech has built in commitments tied directly to the surrounding community. The company operates a work-study program with Mastery High School of Camden for high school seniors and has a Community Benefits Agreement with the City of Camden. ResinTech is also a fair-chance employer that provides people with criminal records a path to local employment.
Industry trade coverage has tracked ResinTech's growth for years. A 2025 expansion at the Camden site was expected to boost domestic ion exchange resin production by 30% compared to 2024, according to Water Online, which also reported a separate $10 million investment that expanded the company's Camden headquarters and manufacturing facility by 30,000 square feet. ResinTech has said the need for expansion reflects rising demand both in the U.S. and overseas, according to WaterWorld.
Part of a Broader On-Shoring Push
ResinTech's move to Camden in the first place was framed as an effort to bring manufacturing back to the United States. The company said its goal was to begin on-shoring the manufacturing of products that are currently being supplied from overseas, according to NJBIZ. That earlier Camden development project was valued at $138.8 million and included 353,000 square feet of new construction on roughly 27 acres, according to PFOnline, part of a tax-break package valued at up to $139 million as reported by WHYY.
With construction on the newest addition slated to begin this month, ResinTech's Camden campus is poised for its third major expansion phase in roughly half a decade. For a company that bills itself as bringing overseas manufacturing jobs back home, the latest round of financing signals that Camden's role in that strategy is only growing.
