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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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Google Aims to Power East Coast

Every year, somebody at our office circulates an email message updating us on what it’s like to work at Google. This message always generates a lot of “oohs” and “ahhs” at the water cooler. The privileged few who inhabit Google’s high command in Mountain View, CA are living the corporate good life. In between tweaking the algorithm that governs 80 percent of web searches, these working stiffs can be seen: S ...

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Tunnel Vision

The largest public transit project in the nation—which was earmarked to receive the largest single allocation of federal stimulus dollars—apparently has been killed by a slash from the relentless budget-cutting sword wielded by New Jersey’s governor. Gov. Chris Christie abruptly announced this week that New Jersey is pulling out of an $8.7-billion project to construct a second rail tunnel under the Hudson R ...

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60 Seconds with Neal Wade, Sr. Vice President for Economic Development, St. Joe Co.

Neal Wade left St. Joe Co. eight years ago to become director of the Alabama Development Office. He is now returning to St. Joe to spearhead the West Bay development in northwest Florida. BF: What attracted you to this opportunity and what do you bring to the table? NW: I’m bringing a whole new set of values and experiences I didn’t have before. If you’ve only been on the corporate side, state government ca ...

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Energy Innovation Hub Set for Philadelphia Navy Yard

Pennsylvania State University researchers will receive $129 million over the next five years from several federal sources, including the Department of Energy (DOE), and an additional $30 million from Pennsylvania, to develop ways to make buildings more energy efficient. The funds will create an Energy Innovation Hub at the Philadelphia Navy Yard, which will involve researchers from academia, the private sec ...

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Coca-Cola Expands in New Jersey

Coca-Cola Enterprises will soon break ground on a new facility in South Brunswick, NJ while expanding operations at its Carlstadt plant. "Coca-Cola is a world-class, Fortune 500 company that is recognized all over the globe as a symbol of growth and success,'' Gov. Chris Christie said in South Brunswick. "The company's decision to partner with and remain in the state of New Jersey is one of the clearest sig ...

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Baltek Relocates to High Point, NC

Materials manufacturer Baltek Inc. will invest $3.5 million and bring 68 jobs to High Point over the next three years, Gov. Bev Perdue has announced. Baltek Inc., a manufacturer of core materials for the wind energy, mass transit, marine and military markets, will relocate to a new manufacturing facility in Guilford County. The New Jersey-based core materials manufacturer Baltek will relocate its operations ...

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New Jersey Corporate Moves

A new form of entertainment is coming to Jersey City later this year when Pole Position Raceway opens its doors just a mile away from the Statue of Liberty. The state-of-the-art indoor karting center will feature two giant race tracks inside a 75,000-square-foot-facility, and the location couldn’t be much better. “I think people are going to really be amazed at what we are creating,” said owner Eyal Farage. ...

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Paging Mr. Kong

For almost 80 years, the Empire State Building has reigned supreme over the New York skyline. Although it was supplanted as the world's tallest building in the 1970s, the Empire State Building never lost its unsurpassed majesty. The awesome spire that rose from the depths of the Great Depression in less than 14 months and soared into the imagination of everyone who wanted to touch the sky remains an iconic ...

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NJ Aims to Lead in Offshore Wind Energy

New Jersey’s new Offshore Wind Economic Development Act directs the state's Board of Public Utilities (BPU) to establish an offshore renewable energy certificate program that calls for a percentage of electricity sold in the state to be from offshore wind energy. The act would support the development of at least 1,100 megawatts of offshore wind energy capacity. The bill was signed into law this week by Gov. ...

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