Imagine 10,000 new jobs in Camden- Philly.com
A $290 million manufacturing complex is rising on a long-moribund expanse of land along the Delaware River in Camden.
By next April, about 300 engineering and support staff employees of Holtec International, a company that designs and builds equipment for nuclear, solar, and conventional power plants worldwide, should be at work in new facilities just north of the Walt Whitman Bridge.
Company officials say total employment at the new Holtec Technology Campus could reach 1,000 by the end of the decade, making Holtec one of the largest employers in the city.
And if a reactor cooling system the company plans to develop in Camden proves technically feasible and commercially viable, by 2030 as many as 10,000 people - a substantial number of city residents among them - could be working there.
The campus is coming to life on the ruins of the storied New York Shipbuilding Corp., which thrived in the first half of the 20th century.
The city's mighty manufacturing economy had 43,000 jobs in 1950, the era when Camden was rightly said to make "everything from a fountain pen to a battleship."
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