Announcement

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.

ROI-NJ Staff | ROI-NJ

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 …

Maersk company announces plans for new facility in New Jersey

James Turner | Port Technology

The new space is set to open in October 2022 and will serve both imports and exports. Site selection was based on close proximity to the container port at Elizabeth, New Jersey as well as one hour drive from the Port of Philadelphia and two-and-a-half-hour drive to Baltimore and Delaware. The facility will feature 167,812 square-feet of space with 13,000 …

Leica Camera to Relocate North American HQ to Teaneck

New Jersey Business Magazine | Press Release

Leica Camera, Inc. has signed a long-term lease to bring its North American headquarters to Glenpointe Centre West in Teaneck. Newmark represented Alfred Sanzari Enterprises in the transaction. Cushman & Wakefield represented Leica Camera, Inc. Previously headquartered in Allendale, Leica Camera, Inc.’s new 12,274-square-foot North American headquarters, the largest of the three buildings that make up the office component of …

World’s largest vertical strawberry farm opens in Jersey City

Gabrielle Saulsbery | NJBIZ

Controlled environment agriculture company Oishii has opened the world’s largest vertical strawberry farm at the old Anheuser-Busch factory in Jersey City, growing strawberries five rows deep in the retrofitted 74,000-square-foot facility. The expanded growing capacity will allow the company to decrease the sticker shock on its berries, which until May 18 sold for $50 per 11-pack of medium berries at …

Lionsgate Newark Studios, 12-acre TV and film production facility, coming to South Ward

Tom Bergeron | ROI-NJ

The state’s efforts to become a leader in film and television productions received a major boost Tuesday afternoon when Great Point Studios — in partnership with Lionsgate and the New Jersey Performing Arts Center — announced its intention to build Lionsgate Newark Studios, a 300,000-square-foot, full-service, modern entertainment complex set on 12 acres in the South Ward of Newark. The facility, which will be located at …

EY names Entrepreneur of the Year finalists for N.J.

ROI-NJ Staff | ROI-NJ

It’s one of the most coveted honors in business: EY announced Monday the 2022 finalists for New Jersey for its Entrepreneur of the Year honor. The finalists were selected by a panel of independent judges based on their demonstration of long-term value through entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes. Regional award winners will be announced in …

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