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The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.


The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.

New Jersey EDA Awards $47.4M To Tech, Biotech Companies

Articles By Location Articles

New Jersey EDA Awards $47.4M To Tech, Biotech Companies

NJ-NOL

The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.


Warm Welcome Up North

Business Idea Competitions: A Proven Path To Success.

Organizations in Pittsburgh, Detroit, northern Michigan, St. Louis, Alaska, Wisconsin and Nevada, have embraced business idea competitions; rewarding dozens of new ventures with grants ranging from $5,000 to $50,000. The 43North competition, said to be the largest such prize pool in the nation, offers $5 million in prize money to entrepreneurs who agree to move to (or retain their start-ups in) the city.



Business Report: Tennessee – DENSO Manufacturing Expanding in Maryville, TN

DENSO, a manufacturing stalwart in Eastern Tennessee for 25 years, employs more than 3,100 workers at its Maryville, TN plant.

Automotive components and systems producer DENSO Manufacturing Tennessee, Blount County’s largest employer, is investing $400 million in an expansion creating 500 new jobs.


Bell Inc. To Invest $30M In Ohio Carton Manufacturing Facility

Bell-Inc.-Columbus-Ohio

Bell Inc. will open its first eastern-U.S. facility in Central Ohio and create 275 new jobs, generating $9.2 million in new annual payroll. The Sioux Falls, SD-based company will invest $30 million in a 165,000-square-foot paperboard carton manufacturing facility in the Columbus area.


Business Facilities LiveXchange 2016 Registration Now Open

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Looking to meet one-on-one with economic developers from across North America to discuss your specific location needs? LiveXchange 2016 is the premier event for corporate site selectors. Find out more!


Wonderful Group To Invest $150M, Create 220 New Jobs In Lebanon, TN

wonderful-group-lebanon-tn

Tile and ceramics company Wonderful Group will invest $150 million and create 220 new jobs in Lebanon, TN, the largest-ever capital investment made in the state by a Chinese company.


Eli Lilly and Company To Expand Indianapolis R&D Headquarters

Eli-Lilly-Indianapolis-expansion

Eli Lilly and Company will expand its global R&D headquarters in Indianapolis, IN, adding 130,000 square feet to the company’s existing complex.


Orgill, Inc. To Build New $15M HQ In Shelby County, TN

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Orgill, Inc. will invest $15 million to build a new 100,000-square-foot world headquarters facility in east Shelby County, TN, creating 115 new jobs.


GE Aviation Investing $200M In Pair of Alabama Plants 

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Ohio-based GE Aviation will invest $200 million to build a pair of plants in Huntsville that will produce silicon carbide materials used to make ultra-lightweight ceramic matrix composite components for jet engines.