IDT Corporation Opens Renovated Headquarters In Newark, New Jersey
11/02/2015
The company provides retail and wholesale telecommunications and payment services to help immigrants and the under-banked communicate and share resources around the world. The lobby and three floors of the IDT building have been completely renovated to provide state-of-the art, open-floor-plan space for over 500 employees. Genie Energy, which was spun off from IDT in 2013, shares the space with IDT.
The IDT headquarters building is an 18-story 500,000 square foot office space featuring views of New York City and Newark's Washington Park. The Washington Park neighborhood in Newark is the epicenter of Newark's Renaissance 3.0, which includes a planned 25,000 square-foot accelerator for new technology ventures adjacent to the Rutgers Business School.
"This is a great day for IDT," said its Founder/Chairman, Howard Jonas. "President Ronald Reagan said that 'America is too great for small dreams.' IDT has been successful for a quarter century because we aim high, and then hire great people to execute. IDT has been a pioneer in the telecommunications industry for 25 years, and each of the companies that we have spun-off to our shareholders in recent years -- IDW Media, Genie Energy, and Straight Path Communications -- has created shareholder value with a bold, innovative approach with huge upside potential."
Project Announcements
Loc Performance Products Upgrades St. Marys, Ohio, Facility
06/30/2022
Lockheed Martin Plans Huntsville, Alabama, Missile System Integration Lab
06/30/2022
EAB Consolidates-Expands Henrico County, Virginia, Operations
06/30/2022
Germany-Based Papier-Mettler Plans Moorefield, West Virginia, Operations
06/29/2022
Fair Oaks Foods Plans Davenport, Iowa, Production Facility
06/29/2022
Hyundai Motor America Plans Superior Township, Michigan, Safety Test and Investigation Laboratory
06/28/2022
Most Read
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Evolution of the Megasite
Q2 2022
-
Five Ways for Manufacturers to Manage Global Market Volatility
Q2 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
Putting Your Best Foot Forward: Presentation of Incentives Information to the Media
Q2 2022