Relocations & Expansions

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 …

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 …

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 …

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 …

Peloton leads Q3 industrial deals with 840,000 sq. ft. lease in Linden, CBRE says

Joshua Burd | Real Estate NJ

Peloton Interactive has leased 840,000 square feet at a new logistics park in Linden, leading the way among tenants as the state’s industrial market continued to thrive in the third quarter. Those are among the findings of a new report by CBRE, which noted that consumer goods and third-party logistics companies dominated leasing activity in northern and central New Jersey …

Pitch perfect: How Murphy’s personal appeal, cadre of incentive packages and push from higher ed helped N.J. land HAX

Tom Bergeron (Newark) | ROI-NJ

When SOSV issued a Request for Proposals last spring, seeking a location to establish a U.S. headquarters for its highly regarded hard-tech accelerator, HAX, Gov. Phil Murphy jumped in right away. He knew the competition would be fierce. And he knew the process would play out quickly. Murphy met with SOSV founder and Managing Partner Sean O’Sullivan in July in Newark — not …

Governor Murphy Announces Agreement to Establish U.S. Headquarters in Newark for the HAX Startup Development Program Focused on Industrial Tech and Decarbonization

Governor's Office | Press Release

NEWARK – Governor Phil Murphy today announced that the New Jersey Economic Development Authority (NJEDA) and Princeton-based venture capital firm SOSV intend to form a new entity (HAX LLC) to bring SOSV’s acclaimed HAX hard tech startup development program to Newark.  SOSV will also establish the U.S. headquarters of the HAX program at the Newark site.  HAX provides complete support for emerging companies, including a $250,000 initial investment in …

Choose New Jersey Announces Expansion of Geoponica Greens in New Jersey

CHOOSE NEW JERSEY, INC. | Press Release

Indoor vertical farming is coming to Hamilton Township, near state capital of Trenton (Newark, New Jersey) – Choose New Jersey is pleased to announce Geoponica Greens, an indoor hydroponics vertical farm business, is expanding its existing operations in New Jersey to Hamilton Township this fall. Based in Chesilhurst, New Jersey, Geoponica Greens is introducing indoor vertical farming to the historic …

BeiGene to build manufacturing, clinical R&D center in Hopewell

Tom Bergeron (Hopewell) | ROI-NJ

BeiGene, a global biotechnology company focused on developing and commercializing innovative cancer medicines worldwide, announced Tuesday morning that it plans to build a new campus for research & development and manufacturing at the Princeton West Innovation Campus in Hopewell. BeiGene officials said they have entered into a purchase agreement to acquire an approximately 42-acre site with over 1 million square …

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Tiffany Hess-Bennette
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