Newark: It's Your Move

Panasonic Corporation of North America
- An international manufacturer of consumer electronics with a commitment to eco ideas that make sustainable use of the Earth’s resources
- Building a new, energy-efficient high-rise in downtown Newark
- The location will serve as the hub of Panasonic’s U.S. branding, marketing, sales, service and R&D operations
Panasonic Corporation of North America provides a broad line of digital and electronics products for consumer, business and industrial use. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation (NYSE: PC). Panasonic found in Newark the location it needed to fulfill its green initiatives.
Joseph M. Taylor, Chairman and CEO
On Newark
“We were looking for a solution that would be sustainable and easily accessible to mass transit that would enable Panasonic to greatly reduce its carbon footprint and demonstrate our credibility as a sustainable company. We have found that solution here in Newark.”
Peter Fannon, VP of Technology Policy
On BCDC
“There were many appealing offers from many places… When you add it up, a move into an urban center with the benefits of the site and the City of Newark made it a slam dunk.”