NEWARK, N.J., June 8, 2012 /PRNewswire/ -- Panasonic
Corporation of North America Chairman and CEO Joseph M. Taylor received the 2012 Cary Edwards
Leadership Award from New Jersey Future last night at its 11th
annual Smart Growth Awards ceremony. The award was given in
recognition of Mr. Taylor's role in Panasonic's plans to move its
North American headquarters to a new site in Newark, New Jersey in the summer of 2013 as
part of its commitment to serving as a worldwide green business
technology leader.
"Joe Taylor has exhibited
exceptional leadership and vision in choosing to relocate his
company's headquarters to downtown Newark, where infrastructure already exists
and employees will have easy access to a major regional transit
hub," said New Jersey Future Executive Director Peter Kasabach. "Mr. Taylor's decision now to
invest in Newark's ongoing
revitalization will provide lasting benefits to Panasonic, to its
employees and to the city itself, and we are proud to recognize his
vision with this
award."
"I am very honored that Panasonic's decision to relocate its
headquarters to Newark has earned
us New Jersey Future's Cary Edwards Leadership Award this year,"
Mr. Taylor said. "Panasonic is transforming itself to become the
leader in green electronics innovation, and the move to
Newark is a key strategic step for
us. It will allow us to retain over 1,000 jobs in this state,
create a model environmental workplace in the city and enable our
employees to use the Newark Penn Station transit hub, which is only
one block away from where they will be working. Most importantly,
it is my hope that Panasonic's relocation will encourage other
companies looking for public transportation-friendly options to
consider relocating to Newark,
which I consider to be a city that is on the tipping point of a
transition to a bright new stage in its history as a commercial
center."
About New Jersey Future
New Jersey Future is a nonprofit, nonpartisan organization that
brings together concerned citizens and leaders to promote
responsible land-use policies. The organization employs original
research, analysis and advocacy to build coalitions and drive
land-use policies that help revitalize cities and towns, protect
natural lands and farms, provide more transportation choices beyond
cars, expand access to safe and affordable neighborhoods and fuel a
prosperous economy. For more information on New Jersey Future,
please visit http://njfuture.org/.
About Panasonic Corporation of North America
Based in Secaucus, NJ,
Panasonic Corporation of North
America provides a broad line of digital and other
electronics products for consumer, business and industrial
use. The company is the principal North American subsidiary of
Osaka, Japan-based Panasonic
Corporation (NYSE: PC), and the hub of Panasonic's U.S. branding,
marketing, sales, service and R&D operations. Panasonic is
pledged to practice prudent, sustainable use of the earth's natural
resources and protect our environment through the company's Eco
Ideas programs. For more information about Panasonic, please visit
http://panasonic.com/.
Information about Panasonic Eco Ideas initiatives is available
at http://panasonic.net/eco/ecoideas/ . Information about Panasonic
and its products is available at www.panasonic.com and its Full HD
3D site at www.panasonic.com/3D. Additional company
information for journalists including this press release and a
rendering of the new building is also available at
www.panasonic.com/pressroom.
SOURCE Panasonic