SOURCE: Simshabs Capital Partners Ltd.

April 30, 2014 16:36 ET

Simshabs Capital Partners Expects Decision Shortly as to R&D Facility

BROOKLYN, NY--(Marketwired - Apr 30, 2014) - Simshabs Capital Partners, Ltd. is pleased to announce its intention to develop a facility for a major pharmaceutical company within the state of New Jersey. 

The location, still to be finalized, would be either in central, northern or southern New Jersey. Factors that will determine its location will include level of interest on the part of communities, conclusion as to the ease or difficulty of the approval process and the amount of time and requisites for receiving approvals.

Employment creation is expected to be, in the aggregate, 200 to 250 primary and ancillary jobs.

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