Phillipsburg Moving Ahead on Ingersoll Site Redevelopment

Phillipsburg's Town Council has approved an ordinance establishing guidelines for the redevelopment of the former Ingersoll Rand property.

Opus Investment Group LLC of Medford, NJ, is proposing to turn the 200+ acres into a distribution center with nine warehouses, creating 800 to 1,000 jobs.

"It's one more step on the way toward getting this site developed," said Council Vice President Todd Tersigni, a WCEDAC member. The town and developer must still draft an agreement on land acquisition costs and other details of the property's sale and use.