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On Aug. 13, 2025, Gov. Phil Murphy signed legislation establishing the Next New Jersey Manufacturing Program at MAC Products Inc. in Kearny. - PROVIDED BY JAKE HIRSCH/NJ GOVERNOR'S OFFICE
On Aug. 13, 2025, Gov. Phil Murphy signed legislation establishing the Next New Jersey Manufacturing Program at MAC Products Inc. in Kearny. - PROVIDED BY JAKE HIRSCH/NJ GOVERNOR'S OFFICE
$500M Next NJ Manufacturing Program ramps up with draft rules
Matthew Fazelpoor//August 18, 2025//
The recently enacted Next New Jersey Manufacturing Program is quickly ramping up.
NJBIZ recently reported on the bill signing of the $500 million program to incentivize manufacturing here in the Garden State. And at that event, Gov. Phil Murphy and Tim Sullivan, CEO of the New Jersey Economic Development Authority – which administers the program – stressed that the administration was planning to get the program rolling right away.
To that point, the NJEDA released draft rules of the program Aug. 15 and announced that it is seeking public input until 5 p.m. Aug. 22. The agency held a listening session Aug. 18 to provide an overview of the draft rules (watch the video below).
The rules will be presented to the NJEDA board for review and consideration for approval; if approved, the rules will be published in the New Jersey Register for formal public comment.
More information can be found here.
Watch the informational session here:
Please stay tuned for a feature story on the new program and its potential impact in an upcoming NJBIZ issue.
