In 2015 Holtec was given $260 million over the course of 10-year to open up a 600,000-square-foot campus in Camden. Holtec stated that they plan to hire at least 1000 employees within the first year of them opening their doors in Camden. According to the Economic Development Agency, Holtec is slated to bring in $155,520 in net benefit to the state by moving to Camden, but in this deal, Holtec has no obligation to stay in Camden after its 10-year tax credits run out. Holtec's reports stated that the construction of the building would cost $260 million which would be equivalent to the tax benefits they received.