Aug 13, 2013

EDA awards first tax credit under its angel investor program

State officials today awarded the first tax credit to an investor under a new program aimed at nurturing early-stage technology companies in New Jersey.

Aug 12, 2013

Express Scripts seeking 40M tax credit for new South Jersey plant

Express Scripts Holdings Co. is seeking a $40 million tax credit for a new pharmaceutical plant in Burlington Township, over the border from the Willingboro facility run by its Medco Health Solutions subsidiary, company and state officials said today.

Aug 9, 2013

Another Somerset project long in the making gets local approval

Ralph Zucker’s patience has paid off for the second time in a week, now that local officials in Aberdeen have approved plans to redevelop the site of a former glass factory.

Aug 9, 2013

AmeriHealth says it’s entering defined contribution health plan market as exchange launch nears

Health insurer AmeriHealth New Jersey is entering the “defined contribution” health plan market, where employers give their workers a set amount of money — a defined contribution — that employees then use to shop for their own health coverage on AmeriHealth's new private exchange, MyAHNJ.

A rendering of Prologis' building
Aug 7, 2013

Report Incentives play part in more than half of industrial space being built in N.J.

New Jersey has 5 million square feet of industrial space under construction — and more than half of it is being driven by state incentive programs, according to new research from the brokerage firm Jones Lang LaSalle.

Aug 6, 2013

CRDA taps longtime South Jersey planning expert to guide strategy

The state-run development agency for Atlantic City has brought in a longtime South Jersey planning expert to help guide nongaming investment in the resort town.

Aug 5, 2013

Options aplenty for N.J. companies seeking aid in rebuilding from Sandy

New Jersey has a war chest of $260 million for grants and $100 million for loans for businesses hurt by Sandy — and officials in Trenton are eager to see more applications flow in, so they can put that money to work boosting the state's economy.

Aug 2, 2013

Construction work begins on 300M New Brunswick project

Construction is underway at a new campus for the New Brunswick Theological Seminary, kicking off a broader $300 million redevelopment project that's aimed at redefining Rutgers University's footprint in the city.

Aug 1, 2013

Health plan pricing through Affordable Care Act coming next month

Small businesses and individuals shopping for government-subsidized health plans on New Jersey’s exchange will learn the details — and pricing — for those new plans and their prices in mid-September, according to the Center for Medicare & Medicaid Services of the federal Department of Health and Human Services.

Aug 1, 2013

Congressional delegation seeks answers on smart grids

A bipartisan coalition of New Jersey's congressional delegation is introducing a bill to promote smart grids — an effort they say would limit damage storms like Hurricane Sandy can wreak on the state's energy system.

Jul 31, 2013

Seven years later, reuse plan for Bell Labs building gets local approval

Local officials in Holmdel have cleared the path for Somerset Development to reincarnate the massive Bell Labs research campus there, following seven years of discussions over one of the state's most high-profile vacant office sites.

Jul 31, 2013

T.G.I. Friday’s franchisee agrees to pay 500K fine in alcohol-switching case

The Livingston-based Briad Restaurant Group has agreed to pay a $500,000 fine and will not contest charges that some of its restaurants substituted off-brands of liquor for customers ordering top-shelf alcohol, the state announced today.