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Fire and Water

In an age of bottled water, it is refreshing to remember that the best-tasting water in America still can be found flowing out of the taps of every kitchen sink in New York City. The water system for the nation's largest city is an immense natural bounty that has been harvested for nearly a century by one of the greatest feats in the history of human engineering. Originating in pristine upstate reservoirs, ...

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Bartlett Dairy Coming to Newark, NJ

Brick City Development Corp., Newark, NJ’s economic development catalyst, has announced it has completed the sale of a 105,000-square-foot  South Ward Industrial Park site to Bartlett Dairy.  Bartlett will bring more than 400 jobs to the city over the next 5 years. “Creating jobs is one our top priorities,” said Lyneir Richardson, CEO, Brick City Development Corporation.  “The core of our work is focused on ...

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Amtrak Plans $13.5-Billion Hudson Tunnel

Amtrak has announced plans for a $13.5-billion rail tunnel project to connect New York City and New Jersey. The rail giant said it would spend $50 million on preliminary engineering and design work on two tunnels under the Hudson River. New York and New Jersey state governments, as well as local authorities, could contribute further funds, Amtrak said. The project is expected to be completed by 2020. A simi ...

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Rising tide of red ink

Anyone who thought state budget deficits were confined to one or two regions of the United States had a sobering wake-up call in the form of a report issued this month by the Center on Budget and Policy. The report indicates that the sea of red ink has now washed over no less than 44 states. Nevada, Illinois, New Jersey, Texas and California lead the list of states in arrears, each compiling current deficit ...

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60 Seconds with Albert Chen, Chairman of the America China Society of Indiana

The America China Society of Indiana (ACSI) was recently formed as the trade organization that will promote cooperative business, trade and investment opportunities between the Hoosier State and the world’s most populous nation. The effort is headed by ACSI chairman Albert Chen, president and founder of Telamon. BF: How long has Telamon been involved in business ventures on mainland China? Do you have facil ...

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Roche Expanding in Tucson, AZ

Drug giant Roche will spend about $180 million in Oro Valley on new buildings and other capital investments while creating 500 jobs there over the next five years. The jobs, to pay an average salary of $75,000, will include positions in science, administration and manufacturing, as the heavyweight bioscience and pharmaceutical firm grows to meet the demands of an aging population, the Swiss-based company re ...

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Data Center Giant Plans Hub in NJ

i/o Data Centers is planning to build a huge data center in New Jersey to serve as the East Coast hub for its growing colocation business. The company is in the late stages of site selection for a modular data center that will occupy 550,000 square feet of space, which would make the center one of the largest in the country. “We’re expanding to the East Coast,” said George Slessman, CEO of i/o Data Centers ...

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