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Food & Hospitality

Red romaine in one level of a growing tower at AeroFarms in Newark.

AeroFarms, Spring Valley mutually terminate merger agreement

In March, investors committed $125 million to a private investment in public equity in support of the transaction. At that time, the companies said the deal would provide approximately $317 million unrestricted cash to the vertical farmer to fund future development. But in August, the companies announced the deal needed more cash to move forward.

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Terry Glebocki, CEO, Ocean Casino Resort

Ocean Casino Resort CEO Glebocki resigns (updated)

It is not immediately clear why she is leaving, but Terry Glebocki, who will also step down from her role at the Casino Association of New Jersey, helped to keep the gaming palace afloat during the worst of the COVID-19 closures and restrictions, making it one of Atlantic City’s top performers for the 19 months of the pandemic.

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Java Love has two storefronts in Montclair where its coffee is handcrafted and roasted in small batches highlighting and maintaining the quality and character of each bean.

Opportunity roasts

Java Love's empire includes four shops and a wholesale business that supplies coffee for the historic Phoenicia Diner and lifestyle brand Beekman 1802, among others. In August, it launched a Women's Coffee Producers series that has so far featured "joe" produced in Mexico, Honduras, El Salvador and Peru.

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Old York Cellars partners with Run-DMC’s McDaniels on wine launch

“Music and wine, like comic books, are cultures and cultures are a way of life. So we thought of doing something to bring people together, especially in this divided time of politics, people, and pandemic! It’s like what I did with Adidas and Aerosmith,” Darryl McDaniels told NJBIZ. “So my brand is capable of uniting many cultures and people. Rock ‘n roll, hip hop, fashion, comic books, cookies and wine!”

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