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Choose New Jersey Announces Meteoric Biopharmaceuticals Opening New Facility in New Jersey

Choose New Jersey, Inc. | Press Release

Newark, NJ — Choose New Jersey, the state’s leading nonprofit economic development organization, today announced that biopharmaceutical and biotechnology leader Meteoric Biopharmaceuticals USA, LLC, has expanded its global operations to New Jersey. Meteoric Biopharmaceuticals is headquartered in India, with an office in Vietnam. Its newest facility will operate out of Morris Plains, New Jersey. “I am so proud to welcome …

New Jersey CEO Council Joins Choose New Jersey

Choose New Jersey | Press Release

  (Newark, New Jersey) – Choose New Jersey, the state’s leading nonprofit economic development organization, today announced the integration of the New Jersey CEO Council (CEO Council) into the organization, creating a powerful partnership that will strengthen Choose New Jersey’s mission to grow the state’s economy.  The creation of the CEO Council was announced in October 2020 as part of Governor …

Choose New Jersey Opens Office in Ireland, Expanding European Presence

Choose New Jersey, Inc. | Press Release

(Newark, NJ) – Choose New Jersey, New Jersey’s leading nonprofit economic development organization, today announced the official opening of an office in Ireland, making New Jersey the first U.S. state with an economic development office in Ireland. The office is a direct result of the growing trade, investment, and academic ties between New Jersey and Ireland, and Governor Phil Murphy’s …

Advance Realty, Greek Development land $227M in financing from Wells Fargo for N.J. industrial pipeline

Linda Lindner | ROI-NJ

Greek Development, together with Advance Realty, on Tuesday announced their partnership closed on over $227 million in financing to support the continued development of Linden Logistics Center in Linden and Logan North Industrial Park in Logan Township. Greek and Advance secured two loans from Wells Fargo — a $142 million loan for Phase III of the 1.32 million-square-foot Linden Logistics Center, and an …

McKinsey launches new high-tech learning and innovation facility in partnership with NJII

Linda Lindner | ROI-NJ

McKinsey & Co. on Thursday said it launched a new high-tech learning and innovation facility to support the advancement of cell and gene therapy manufacturing, expanding its global network of Digital Capability Centers. In partnership with the New Jersey Innovation Institute and operated by BioCentriq, McKinsey’s Newark-based facility specializes in innovative manufacturing processes in life sciences. The Digital Capability Center New …

Merck Announces the Launch of the Merck Digital Sciences Studio to Help Healthcare Startups Quickly Bring their Innovations to Market

Merck | Press Release

Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced the launch of the Merck Digital Sciences Studio (MDSS) to enable the generation of innovative technologies for drug discovery and development. MDSS will support early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing and opportunities to pilot their technologies in collaboration with discovery …

National Logistics Firm Comes to NJ

New Jersey Business Magazine | Press Release

Temco Logistics of Pomona, California, has leased 57,076 square feet of industrial space at 450 Murray Hill Parkway in East Rutherford, NAI James E. Hanson has announced. Temco Logistics is a premier provider of white-glove home goods delivery and installation solutions across the nation. With millions of home deliveries performed each year for some of America’s largest retailers, Temco Logistics …

Volvo breaks ground on EV facility in Mahwah

Matthew Fazelpoor | NJBIZ

At a Friday event with executives, employees and officials including U.S. Rep. Josh Gottheimer, D-5th District, and Mahwah Mayor James Wysocki, Volvo celebrated the groundbreaking of a new, state-of-the-art electric vehicle terminal and training facility at its company headquarters in Mahwah, along with the installation of 50 new electric vehicle chargers. The facility, which is set to open in March …

13 business leaders earn prestigious EY Entrepreneur of Year award for N.J.


Thirteen business leaders were named by EY as the 2022 Entrepreneurs of the Year for New Jersey at an awards banquet Wednesday night. The EY Entrepreneur of the Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed. EY officials said the cohort of esteemed entrepreneurial leaders was selected by an …


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