Hugo Neu’s master plan for Kearny Point calls for some 2 million square feet of commercial space and the creation of open space and recreational areas along the Hackensack River. Creating those spaces will require the firm to demolish industrial building along the shoreline. — Courtesy: Hugo Neu Corp.
By Joshua Burd
A fashion design and supply chain startup is heading to the sprawling Kearny Point development, where it will occupy a new 113,000-square-foot manufacturing facility.
The three-year-old firm, Suuchi Inc., joined state officials on Friday in announcing the move to the 130-acre business and manufacturing campus. The company has finalized a lease in connection with a 10-year, $37.2 million incentive package approved by the state Economic Development Authority in September, which sought to keep the business from leaving New Jersey and support the creation of 410 new jobs.
Currently based in North Bergen, Succhi designs, manufactures and ships clothing for American fashion brands and Fortune 1000 companies. State officials say the firm’s proprietary technology, Suuchi Grid, connects businesses with its “smart” shop floor, affording businesses and their customers with real-time access to their supply chains, including updates and analytics on sourcing, design, production and drop shipping.
“Visionary companies like Suuchi Inc. recognize that New Jersey provides access to an unparalleled pool of skilled, diverse talent, and the distinct logistical advantages of our unmatched location,” Gov. Phil Murphy said in a prepared statement. “A critical part of our vision for a stronger and fairer New Jersey economy is creating an environment that fosters the growth of diverse and innovative companies in high-growth sectors, including advanced manufacturing.
“We are delighted that Suuchi Inc. has chosen to grow here and provide more opportunities for New Jerseyans.”
Succhi had considered a competing location in Charlotte. At its new home in Kearny, the company has signed a lease with developer Hugo Neu and will join a growing roster of businesses occupying flexible office and light industrial space at the campus.
Hugo Neu is redeveloping the property, a sprawling former shipyard that served the U.S. Navy in both World Wars, into a hub for creative business and technology. EDA documents said Succhi would occupy a planned facility at 1 Eastern Road.
The full Kearny Point redevelopment is expected to span more than 2 million square feet.
Suuchi currently employs individuals from 27 different nationalities, 75 percent of which are women, according to the EDA. The company sells to businesses including young designers launching fashion labels, retailers seeking to make private-label clothing in America, along with large firms supplying uniforms to the casino and hospitality industries.
“We have experienced great success in New Jersey, and attribute much of our momentum to our ability to recruit savvy and skilled employees from a diverse pool of talent,” said Suuchi Ramesh, the company’s founder and CEO. “We are excited to continue to grow and support our customer base, while contributing to the local economy.”
The business is also home to Suuchi University, which trains the local community in advanced manufacturing skills before and on the job.
“Making New Jersey the State of Innovation is a top priority of Governor Murphy’s economic development strategic plan, and Suuchi Inc.’s business model aligns with this vision,” said Tim Sullivan, the EDA’s chief executive. “Between its technology-based business model and its commitment to creating advanced manufacturing jobs, New Jersey is positioned to support Suuchi’s continued growth.”