Konica Minolta Business Solutions U.S.A. plans to add 400 jobs and invest $20 million in its Ramsey corporate headquarters in 2018, the company announced on Monday.

The announcement comes just days after news broke that Konica would reduce its workforce over the next 18 months at its Windsor, Connecticut facility.

A spokeswoman on Monday said company workers in Connecticut would be offered positions in New Jersey if they are willing to relocate or commute to the Garden State.

"We would transfer them to our Ramsey office. They would either move or commute obviously," said the spokeswoman, Kristina Marchitto.

President and CEO Rick Taylor said the company is eager to grow its workforce in New Jersey.

"The Ramsey location is ideal for us to attract talent from the tristate area while balancing the flexibility we need to grow our business," Taylor said.

Taylor said the company is using up to $29 million in Grow NJ tax credits approved by the New Jersey Economic Development Authority operated by Lt. Gov. Kim Guadagno.

The Ramsey corporate headquarters currently employs 474 people in two buildings on 191,000-square feet of space, Konica Minolta said in a statement.

Taylor said expansion plans include include a 29,400-square-feet addition, the lease of additional space, and expanded parking.

The company plans to create an additional 400 jobs to support corporate business growth and the local New Jersey economy, Taylor said.

The project would amount to a $20 million investment by Konica Minolta and would benefit the state by $65 million over 20 years, according to Taylor.

Taylor said Konica Minolta employs more than 8,100 people in North America and is a part of Konica Minolta Inc. The company offers sales and service in more than 150 countries and employs 44,000 people worldwide.

Konica Minolta is a business technologies company offering optical systems for industrial use, healthcare diagnostic imaging systems and precision medicine, Taylor said in the statement.

Anthony G. Attrino may be reached at tattrino@njadvancemedia.com. Follow him on Twitter @TonyAttrino. Find NJ.com on Facebook.