employee ownership

Employee Stock Ownership Plan (ESOP)
Jul 6, 2026

Rutgers joins tri-state partnership to expand ESOPs

Rutgers launched a partnership to expand employee ownership across New Jersey, New York and Pennsylvania through ESOP education.

Norman’s Hallmark in Woodbridge
Mar 18, 2026

Norman’s Hallmark opens new store in Woodbridge (updated)

The latest location will sell cards, gifts, home decor, stationery and more from a 4,900-square-foot space at the new neighborhood center.

Org chart
May 28, 2025

SOCO names new top execs in leadership transition

The employee-owned Bedminster company named Seth Levy as its next chief executive, while Brad Smith will become chief operating officer.

Apr 3, 2024

NJEDA seeks input for statewide employee ownership program

The governor proposed a $6 million annual allocation to expand EOPs. To help build the initiative, the New Jersey Economic Development Authority issued an RFI April 1.

Gov. Phil Murphy delivers the 2023 State of the State Address at the Assembly Chambers in Trenton on Jan. 10, 2023.
Feb 28, 2023

Exclusive: Murphy budget allocates money for employee ownership efforts (updated)

Ahead of the annual address, NJBIZ has learned the governor will call for $6 million in funding for grants to help firms bridge wealth disparities in the state.