WebMD is moving its headquarters and approximately 600 to 700 jobs from New York City to Newark, where it will take space in Gateway 2, ROI-NJ has learned. The move is being made without the use of incentives. WebMD is expected to begin a major buildout and renovation of approximately 100,000 square feet of space in Gateway 2 — and possibly …
How fast is Vision Solar, a recent startup in Blackwood, growing? Consider this: It did $100 million in revenue in 2020 — and is on pace to exceed its goal of $150 million this year; It plans on adding 500 jobs to its workforce by the end of 2022, but realizes it may have to speed up the timetable because of …
Scrub Daddy, best known for its “smiley-faced” sponges that were seen on the “Shark Tank” TV show, has purchased an industrial building in Pennsauken for $10.7 million, according to real estate firm NAI Mertz. The company is moving to the 116,284-square-foot building at 1700 Suckle Highway, consolidating three locations in Pennsylvania. Scott Mertz, president of NAI Mertz, represented the property seller, Seyon …
MILLIVILLE — Innovation Foods is set to build a $45 million processing and packaging plant in the city, the company said Tuesday. The plant is expected to create 40 jobs that will focus on plant-based aseptic packaging, which is a technique that extends the shelf life of beverages while using fewer additives. The new jobs will add to Cumberland County’s …
Ascelia Pharma AB (publ) (ticker: ACE) today announced that it has expanded its operations and established a US legal entity and office in Woodbridge, New Jersey, in preparation for US launch of its lead candidate drug, the liver contrast agent Mangoral. It is currently in pivotal clinical Phase 3 studies with market launch scheduled for Q4 2022 or H1 2023. …
In another big win for Bayonne, a massive UPS distribution center is coming to Lincoln Logistics Bayonne, the industrial park Lincoln Equities Group is building on the site of the former Military Ocean Terminal, the city said. The facility will be just north of Port Terminal Boulevard, according to a site plan amendment submitted by Lincoln Equities. The 880,000-square-foot building would bring more than …
Despite the pandemic, economic development organization Choose New Jersey helped 33 companies relocate or expand in the Garden State last year, resulting in 1,455 jobs being created or retained and generating over $607 million in capital investments. The nonprofit group, based in Newark at One Gateway Center, outlined those achievements Tuesday when it released its 2020 annual report. In a statement, Choose New Jersey …
Despite the unprecedented challenges that the pandemic presented to the global economy, Choose New Jersey helped 33 companies in relocating or expanding to New Jersey in 2020, which led to 1,455 new and retained jobs and generated over $607 million in capital investments, the company said in its 2020 Annual Report. Read the report here. Choose New Jersey, a privately funded 501(c)(3) economic …
Hudson Holdings Group opened a manufacturing facility that will make up to tens of millions of protective masks a month, a move to protect lives and create jobs as America fights the COVID-19 pandemic. The Piscataway-based company’s approach is distinctive as a made-in-America solution to an urgent problem, bringing the mass production of high-quality, low-cost disposable masks to a space …
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