News

Choose New Jersey’s Jose Lozano to Step Down as President and CEO

Choose New Jersey, Inc. | Press Release

(Newark, New Jersey) – Choose New Jersey, New Jersey’s leading nonprofit economic development organization, today announced that Jose Lozano will be stepping down as its President and CEO at the end of this year. Lozano has served as President and CEO of Choose New Jersey since June 2018. “New Jersey has made great strides economically and Choose New Jersey has …

Hovione announces pharma campus expansion in N.J.; to add up to 100 jobs

Linda Lindner | ROI-NJ

Hovione announced that it is expanding its site in East Windsor and will create up to 100 jobs over the next few years. The leader in spray drying and particle engineering announced the latest expansion strategy represents an investment of $170 million not only here in the U.S., but Ireland and Portugal, as well. In New Jersey, Hovione will add a …

Choose New Jersey Concludes Fourth Economic Mission Trip to Israel

Choose New Jersey, Inc. | Press Release

Choose New Jersey, New Jersey’s leading nonprofit economic development organization, concluded a fourth successful economic mission trip to Israel last week, further strengthening the longstanding relationship between New Jersey and Israel.  (Newark, New Jersey) – Choose New Jersey concluded a fourth successful economic mission trip to Israel last week, further strengthening the longstanding relationship between New Jersey and Israel. During the …


Tags: Israel

Choose New Jersey Announces Letter of Intent Signing Between the Port of Ashdod in Israel and NJCU

Choose New Jersey, Inc. | Press Release

(Newark, New Jersey) – During a fourth economic mission trip to Israel, Choose New Jersey announced that New Jersey City University (NJCU) and the Port of Ashdod in Israel signed a letter of intent (LOI) that will help strengthen the economic relationship between the State of New Jersey and Israel, as well as between the Port of Ashdod and the …

BeiGene closes on Hopewell property it will use to build new U.S. manufacturing and R&D center

Tom Bergeron | ROI-NJ

BeiGene, a global biotechnology company focused on developing and commercializing innovative cancer medicines worldwide, made it official Tuesday morning, announcing it has purchased a 42-acre site at the Princeton West Innovation Campus in Hopewell that will house a new state-of-the-art manufacturing campus and clinical research & development center. The company’s intentions were made clear Aug. 3, when it announced its …

Why N.J. delegation trip to Israel may quickly produce economic impact

Tom Bergeron | ROI-NJ

Teva Pharmaceuticals told Choose New Jersey officials it is looking to increase its headcount at its North American headquarters in Parsippany. Cross River Bank, an emerging fintech giant, said the same about its location in Fort Lee. And then there’s Top Gum, which helps turn prescription medicine into gummy bears for those who have trouble swallowing pills. The current two-person operation in the state told …


Tags: Israel

Rutgers and Tel Aviv University Enter Partnership to Boost Research Collaboration

Rutgers University | Press Release

Rutgers University and Tel Aviv University (TAU) today signed a memorandum of understanding (MOU) that will further the collaboration between the two research universities and establish a presence by TAU at the NJ Innovation & Technology Hub, a 550,000-square-foot, $665 million project in New Brunswick, N.J. The Hub will be home to a new Rutgers Translational Research facility and the …

Building the future: Offshore wind industry aims to take advantage of N.J.’s vaunted labor pool

Brett Johnson | ROI-NJ

In New Jersey and elsewhere, the offshore wind sector is blowing up. There are 15 active leases for offshore wind development across the country, representing almost 30 gigawatts of capacity and about 83,000 jobs in the next decade, according to the American Wind Energy Association. And all that capacity will be mostly built out by a labor pool taking its …

17-member New Jersey delegation begins 5-day trip to Israel

Tom Bergeron | ROI-NJ

The Sunday night dinner in Tel Aviv where members of the 17-person New Jersey delegation met with key business and government leaders from Israel was more than just a kickoff to the delegation’s five-day trip in the country. The event signaled that New Jersey was keeping the promise Gov. Phil Murphy made to make an annual visit to a country …

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