Montclair State University will soon have a more efficient energy system, and the school is partnering with the private sector to make it happen.
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Deals and Moves Oct. 26
Data center opening, industrial lease, amplifier acquisition.
Read More »‘Facebook bill’ up for Senate vote
The state Senate is set to vote today on a measure, opposed by business groups, that would bar employers from requiring workers to provide their passwords to social media like Facebook.
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Natcore CEO on quest to have solar cells built in N.J., not China
An industry watcher cautions that the company faces an uphill road, given China’s strength and the lack of Garden State manufacturers.
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Another Jersey City light rail stop could aid development, builder says
As federal and state officials today announced $400,000 in federal funding to study an expansion of the Hudson-Bergen Light Rail, a New Jersey real estate executive said the potential for development around new train stations is limitless.
Read More »Tax Foundation reviews upper-income tax increase impact
Upper-income New Jersey residents would pay $3.54 billion more in taxes next year if they see their tax rates increase and deductions reduced, according to a report released today by the nonprofit Tax Foundation.
Read More »Deals and Moves Oct. 25
Data center investment, multifamily sale, tennis contract.
Read More »St. Mary’s Hospital names new CEO
St. Mary’s Hospital, in Passaic, announced this afternoon that Edward Condit had been selected to become the hospital’s president and CEO.
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Bard acquires Calif. specialty company in 140 million deal
Lengthening its recent string of acquisitions to rapidly expand in specialty health markets, medical technology developer C. R. Bard Inc., in the Murray Hill section of New Providence, agreed Tuesday to acquire Neomend Inc. and its pipeline of surgical sealants for $140 million.
Read More »Report N.J. hospitals increased spending, income taxes in 2011
Hospitals increased their overall contribution to the state’s economy by $900 million, from $18.6 billion in 2010 to $19.5 billion last year. They purchased more than $850 million worth of pharmaceuticals and more than $1.2 billion on contracted labor.
Read More »Artisan furniture shop opens second location as it considers franchising
The Farmhouse Store has been a hit since opening in Westfield in 2006, according to its founder.
Read More »Deals and Moves Oct. 24
Employment report partnership, medical management acquisition, data center contract.
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