EDISON, N.J. — Marriott International, worldwide operator and franchisor of hotels, has agreed to sell the assets of its N.J. Marriott Textile Services laundry facility here, the company reports.
The Bethesda, Md., company said in a statement that it will cease managing the facility after the sale “on or about May 30, 2014,” and that the purchaser, Edison Laundry Corp., will operate as Marriott International’s principal laundry supplier for the greater New York/New Jersey market under a multi-year contract. Terms of the transaction were not announced.
A notice posted on the New Jersey Department of Labor website pointed to impending layoffs for 144 facility workers, but Marriott International said in the statement that Edison Laundry Corp. plans to hire all of the hourly employees and is “interviewing and considering for hire substantially all of the managers.”
Workers were notified of the sale and change in ownership on March 20, according to Marriott.
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