PSEG Solar Source invests $20M-$25M in deal for L.I. facility

PSEG Solar Source has acquired a 10.6 MWs-dc facility located in West Babylon, Long Island. The Newark-based subsidiary of PSEG Power takes over the facility from Solar Liberty Energy Systems Inc., at an investment of...

At NJBIA event, Army officer talks about challenges to military innovation

The U.S. military is coming to grips with the fact that it is no longer the world leader in that space. “Assumptions of the past that the United States Army, and our armed forces, will...

Developer breaks ground on Woodbridge logistics center

Construction has begun on a Transport Commerce Center that the Woodbridge mayor says will help keep the township the center of commercial development in central New Jersey. Principal Real Estate Investors broke ground Wednesday on...

Bridgewater company’s parent pays $42M for light-source business

The owner of Bridgewater’s Photonics Management Corp. announced plans to buy a developer of advanced light sources. Japan’s Hamamatsu Photonics K.K. — whose U.S. headquarters is in Bridgewater — said the consideration for the deal...

ADT buys 25-year-old Branchburg security company

Security giant ADT has bought a Branchburg-based commercial security integrator. The sale of MSE Corporate Security was finalized Wednesday. The cost was not released. “This important acquisition enhances expansion of our integrated solutions division across the...

Ferries to connect Jersey City’s Harborside with New York in October

Jersey City will soon have the most extensive ferry service of any town in the state. A ferry from the Harborside waterfront location will have commuter service to two New York locations beginning Oct. 2,...

Firms want to work with minority businesses, but finding best isn’t easy

Working with minority-owned suppliers and vendors is a focus for many large companies in the state, but there sometimes aren’t enough qualified small businesses to partner with. At the African American Chamber of Commerce of...

Ohio company buys Newark chemicals and ingredients firm

A Newark-based specialty chemicals and ingredients distributor has been acquired by an Ohio-based company in the same field, according to a recent news release. Avon, Ohio-based Maroon Group LLC, which is comprised of several regional...

China’s cheap labor no longer a factor in manufacturing, experts say

While a continent waits and watches for e-commerce giant Amazon to select its second headquarters, one New Jersey legislator wants to figure out how to prime the state to produce the next Amazon. “We talk...

Win or lose, trying for Amazon HQ2 can help Atlantic County: Experts

Amazon building a second headquarters could be the business boost Atlantic County needs — even if the online retail giant picks somewhere else. The county is joining what is expected to be a continent-wide search...

Latest Articles

Tax changes are coming — but will they help or hurt N.J.?

Ralph Thomas, the CEO of the New Jersey Society of CPAs, can easily rattle off what he calls a three-legged stool of tax changes...

ShopRite-anchored retail center in Sewell is sold

A retail center anchored by a ShopRite has sold in Sewell, according to JLL Capital Markets. Mill Pond Village, a 94,550-square-foot, two-building center at 380...

Provident Bank signs leases for administrative HQ, ops center in Woodbridge

Cushman & Wakefield has arranged two long-term leases on behalf of Provident Bank for office space in Woodbridge, it announced Wednesday. The bank will...

Rutgers survey finds small businesses are adapting to pandemic, but fear for future

A new survey by Rutgers University has found that small businesses are adapting to the COVID-19 pandemic, but will continue to need help in...

Integra wraps up $300M+ deal for ACell

Integra LifeSciences Holdings Corp., the Princeton-based medical technology company, has completed its previously announced, $300 million-plus acquisition of ACell Inc., it announced Wednesday. Read more...