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Vineland glass firms Corning, Gerresheimer talk real estate - Daily Journal Article

Written by: Joseph P. Smith, Vineland Daily Journal 

VINELAND - Industrial property lines along Crystal Avenue are being redrawn to facilitate a possible sale of land from Gerresheimer Glass Inc. to Corning Pharmaceutical Glass.

Corning received approval from the Vineland Planning Board on Wednesday night to redraw the borders of three lots along the avenue. No construction or any physical changes are entailed, according to testimony.

In total, 70,932 square feet from two small lots Gerresheimer owns at 527 Crystal Avenue and 537 Crystal Avenue would transfer to one much larger lot that Corning owns at 563 Crystal Avenue. One Gerresheimer-owned lot is the location of an office building.

The Corning property, which the company acquired in October 2016, would grow from about 36.426 acres to about 38.055 acres.

"The basis for the application is Gerresheimer Glass and Corning are working collaboratively with an agreement of sale for additional property that's prospective into the future," attorney Matthew Robinson said. "We have Gerresheimer's consent to proceed tonight."

Corning, based in New York state, entered Vineland when it bought Gerresheimer's borosilicate glass tube making factory here. That took place under an agreement announced in late 2015.

At the same time, the companies entered a joint venture in pharmaceutical glass packaging. Corning is the majority partner.

The East Avenue side of the factory, south of East Oak Road, has seen significant expansion although Corning had declined to comment on it.

The Planning Board vote was unanimous. Voting were Chairman David Manders, Vice Chairman Michael Pantalione, and members John Casadia, Stephen Plevins, Christine Scarpa, David Catalana, Keith Salerno, Sandy Velez, and Robert Odorizzi.

To read this article on The Daily Journal, click here!

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