News

Power Edison to set up nation’s largest EV charging site in NJ

Jessica Perry | NJBIZ

Kearny Point Industrial Park is set to host the largest electric vehicle charging hub in the country. Watchung-based Power Edison announced it’s partnering with Hugo Neu Realty Management on the signature project, which will bring more than 200 high-power fast chargers within 10 minutes of the Port Newark-Elizabeth Marine Terminal and New York City. According to a Nov. 11 announcement, the partners anticipate the …

Part of former N.J. Army base could become Netflix production facility

Chris Sheldon | nj.com

A huge portion of Fort Monmouth, an Army base located in three Monmouth County towns that was shuttered in 2011, could become the home of a Netflix production facility. The facility would be located on a 289-acre “mega parcel” made available in July through a process known as the Fort Monmouth Economic Revitalization Authority’s (FMERA) request for offers to purchase. Netflix, on Tuesday, …

Brookdale to build $2.5M Center of Excellence for Cybersecurity

ROI-NJ Staff | ROI-NJ

Brookdale Community College announced Monday that it will build a $2.5 million Center of Excellence for Cybersecurity Education — an effort that will enable the school to expand its cybersecurity and related technical education offerings and programs. Brookdale, a leader in cybersecurity education, is one of New Jersey’s two community colleges to hold the NSA/Department of Homeland Security designation as a National Center …

SciTech Scity: ‘A place where you can see the future’

Tom Bergeron | ROI-NJ

Paul Hoffman is more than just the CEO of the Liberty Science Center and one of the foremost minds on all things STEM in the country. He’s a fabulous storyteller, too. Anyone who has ever heard Hoffman, in his trademark T-shirt and sneakers, wow a crowd from behind a lectern is nodding their head. Friday, in the LSC parking lot, and on …

SciTech Scity, game-changing innovation campus, to break ground today

Tom Bergeron | ROI-NJ

Liberty Science Center’s transformational “City of Tomorrow” will take a step closer to reality today. SciTech Scity, a long-planned and hoped-for 30-acre innovation campus that aims to launch and grow world-changing science and technology companies and reimagine public school science education, held a groundbreaking Friday morning in Jersey City. SciTech Scity aims to bring together scientists, community leaders, teachers, students …

A 460,000 sq. ft. facility in Meadowlands for conventions, exhibitions and amateur sports festivals

Tom Bergeron (Meadowlands) | ROI-NJ

A facility at the Meadowlands featuring 460,000 square feet of flexible space — one that could host major conventions, exhibitions and amateur sports festivals while supporting 150,000 hotel stays annually — will be presented Tuesday morning at an in-person event sponsored by the Meadowlands 2040 Foundation. The facility represents a dream scenario, Meadowlands Chamber CEO Jim Kirkos said. But it’s a scenario based …

New Jersey sportsbooks see record $1.01 billion bet in September as football seasons begin

David Purdum | ESPN

New Jersey sportsbooks took more than $1 billion in bets in September, the first time any state has eclipsed the billion-dollar mark in amount wagered in a month. According to the New Jersey Division of Gaming Enforcement, $1.01 billion was bet in September with the state’s licensed sportsbooks, breaking the previous high of $996.3 million wagered in December 2020. The …

Wining and dining: How top officials showed site selectors the Hub — and N.J. — is the place to be

Tom Bergeron (New Brunswick) | ROI-NJ

The six leading members of the Site Selectors Guild — the group that represents the most influential site selectors in the world — already were impressed with New Jersey by the time they entered the New Brunswick Performing Arts Center on Monday night. A day of meetings at the Heldrich Hotel had shown them a lot of what the state has to …

PTC Officially Opens Gene Therapy Manufacturing Facility

ANTHONY BIRRITTERI | New Jersey Business Magazine

PTC Therapeutics cut the ribbon yesterday on its new gene therapy manufacturing facility in Hopewell Township. The global biopharmaceutical company, with headquarters in South Plainfield, moved into approximately 225,000 square feet of space at the campus location, which was formerly occupied by Bristol Myers Squibb. According to PTC CEO Stuart Peltz, the life sciences firm began moving into and upgrading the facility in July of 2020 and has created 140 new jobs at the site since that time. He said that BMS, in a move …

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