RAPAPORT... The New Jersey Economic Development Authority approved a $631,223 grant for David Yurman Inc., based upon the company's taxes, to establish a logistics center in Lyndhurst. The jewelry manufacturer anticipates spending about $5 million developing the facility, which it stated would eventually provide cost savings and much-needed work space. David Yurman estimated that it would create 85 jobs during the first year of operations, followed by 35 new jobs in the second year, with an average wage of about $45,000.
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