DCO Energy buys three heat, power plants from Illinois company

Mays Landing-based DCO Energy LLC announced recently that it has made its third acquisition of 2017, buying three combined heat and power plants from Illinois-based Ironclad Energy Partners. The Atlantic County company said in a...

Tech firm ORBCOMM acquires Irish transportation management business

ORBCOMM Inc. has acquired Ireland-based Blue Tree Systems Ltd. Based in Rochelle Park, ORBCOMM provides machine-to-machine, or M2M, and Internet of Things, or IoT, solutions. It will take over Blue Tree’s Galway, Ireland, business, along...

Company behind A.C. turbines makes complete shift to green energy

The company that put wind turbines off the Atlantic City coastline is going green — and changing its name. DONG Energy will now be Ørsted, paying homage to Danish scientist Hans Christian Ørsted, whose discovery...

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...

Latest Articles

Executive Moves: JLL, Vonage and more

Executive Moves is an occasional feature on ROI-NJ.com describing some of the important personnel changes in the New Jersey business community. Reports are based...

NJPAC announces reopening — and that patrons must be vaccinated (or have a recent...

The New Jersey Performing Arts Center announced Friday it will reopen for in-person performances this summer — and that tickets will go on sale...

Today’s silly stock story: Deli in Paulsboro has $100M valuation

Here are a few numbers about Your Hometown Deli in Paulsboro: Sales: $35,748 (and that’s the past two years combined); Stock price: $9 (and...

4 reasons you should learn more about state’s Anchor Institution program

Perhaps overlooked in all of the provisions of the Economic Recovery Act of 2020 is the Community Anchor Institution Program. Developers, municipal leaders and...

Honoring the past, rebuilding the future: $94M Hinchcliffe project breaks ground

Major League Baseball is remembering Jackie Robinson this week. Thursday marked the 74th anniversary of Robinson breaking baseball's color barrier. Wednesday in Paterson, real estate and city officials...