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Eight-unit Dykes Lumber has closed its main yard and headquarters location in Weehawken, N.J., and relocated operations three miles away to a new facility in North Bergen, N.J.
Dykes sold its 2.4-acre property in Weehawken to Amtrak for $60 million, to make room for the construction of the Gateway Tunnel project into New York City.
Dykes had been operating in Weehawken for more than 75 years. Its original yard was across the street, but it moved into its most recent site in 1985 after swapping properties so the waterfront area could be developed.
The company moved its main office staff out of Weehawken on Jan. 1, and closed up the yard at the end of February. It used proceeds from the sale to finance the purchase of a large warehouse in North Bergen, which it is currently operating out of. The rest of the property is being renovated, including construction of a new state-of-the-art showroom.