Press Releases

J.G. PETRUCCI CO., INC. COMPLETES NEW PROJECTS FOR GARDEN STATE TILE AND ICO POLYMERS

ASBURY, NJ, DECEMBER 4, 2009---- J.G. Petrucci Co., Inc. (JGPCO), one of the New Jersey and Pennsylvania region’s most respected development and design/build organizations, has announced the completion of two repeat projects for Garden State Tile Co. (“GST”) and ICO Polymers (“ICO”) in South Brunswick and Bloomsbury, New Jersey, respectively.  Both projects are the second ones JGPCO has undertaken for the two firms and exemplify JGPCO’s ability to gain repeat business from existing relationships across a wide range of industries.

The ICO job, on Vliet Farm Road, involved the complete restoration of an existing  facility. The work performed by JGPCO involved, among other things, re-skinning and re-insulating the building, as well as repairing the electrical systems.  ICO had previously relocated its operations to 6355 Farm Bureau Road in Upper Macungie Township, Pennsylvania, where JGPCO fully renovated the existing 127,500 square foot facility.  The work included the construction of a sophisticated and highly specialized polymer grinding and milling operation.  JGPCO also fit out modern new offices at the Upper Macungie plant, which is one of five ICO locations in North America.   

JGPCO had also previously performed work for Garden State Tile, having designed and constructed a 24,000 square foot addition to the company’s existing Lehigh Valley Design Center at 2501 Emrick Boulevard in Bethlehem, Pennsylvania.  The newest job was completed at GST’s South Brunswick, New Jersey Re-Distribution Center, located at 2250 Route 130.  The first phase of work performed at the 22,242 square foot facility included a new store front, renovation of the existing showroom and office area, installation of a new roof, rebuilding and enclosing the loading dock area and more.  A second phase of the project, encompassing primarily interior renovations, will be undertaken at a later date.

Jim Petrucci, president and CEO of JGPCO, stated “We were very pleased to have been called back by both ICO Polymers and Garden State Tile to perform additional work for them.  Repeat business is the surest measure of whether we are performing up to the high standards we set for ourselves.” 

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About Garden State Tile
Established in 1957, Garden State Tile Distributors, Inc., supplies the interior design and architectural communities, commercial contractors and dealers with the most up to date style trends in fine ceramic, porcelain, and decorative tile, natural stone, and setting materials. Headquartered in Farmingdale, NJ, Garden State Tile operates ten design showrooms and a modern fleet of transportation vehicles, providing convenience and excellent delivery service to New Jersey, Pennsylvania, Delaware, New York, Connecticut, Massachusetts and Savannah, Georgia. Garden State Tile also serves the architectural community through their Architectural Design office in Philadelphia, PA. To find out more about Garden State Tile, visit the firm's website at www.gstile.com.

About ICO Polymers
With 19 locations in 10 countries, ICO Polymers produces custom polymer powders for rotational molding and other polymer related businesses, such as the textile, metal coating and masterbatch markets. ICO remains an industry leader in size reduction, compounding and other tolling services for plastic and non-plastic materials. ICO's Bayshore Industrial subsidiary produces specialty compounds, concentrates and additives primarily for the plastic film industry. Additional information about ICO, Inc. can be found on the Company’s website at www.icopolymers.com.

About J.G. Petrucci Co., Inc.
J.G. Petrucci Co., Inc (JGPCO) is a fully integrated, privately-held real estate organization with more than 22 years experience in the design/build, development, re-development and acquisition of industrial, office, medical, retail, multi-family and hotel properties. In addition, the company is recognized as a leader in both the New Jersey and Pennsylvania markets with a diverse client and tenant roster that includes organizations such as Merrill Lynch, Weyerhaeuser Co., FedEx, Cryovac Division of Sealed Air Corp., Gargiulo Produce, BlackRock, Inc., Flemington BMW, Synchronoss Technologies, and Schuetz Containers. JGPCO presently holds an investment portfolio of over 3 million square feet of prime industrial, retail and office space.  The firm is based in Asbury, New Jersey and also maintains offices in the Lehigh Valley, Pennsylvania.  For additional information about J.G. Petrucci Co., Inc., please visit our website at www.jgpetrucci.com.

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