New Jersey

NJ FAST

Fintech And Film Industries Grow In New Jersey

In Hoboken, NJ FAST is the Garden State's fourth Strategic Innovation Center and will support R&D, innovation, and entrepreneurship in fintech and insuretech. Meanwhile, Netflix and 1888 Studios tap into film tax credits.

HAX LLC Opens Flagship Headquarters In New Jersey

Headquartered in Newark, the startup development program supports startups and entrepreneurs through investment capital, mentorship, and collaboration.
Food Processing

COVID-19 Pandemic Spurs Competitive Landscape In Food Processing

Consumers have an increased interest in meal kits and prepared meals, according to a 2023 Global Location Strategies report.
New Jersey Economic Growth

New Jersey: Economic Growth Renewed

New Jersey saw a landmark year in 2023, with artificial intelligence (AI), life sciences, and manufacturing contributing to the Garden State's economic growth.
Hackensack Meridian Health, Health And Wellness Center, New Jersey Transit, Metropark Station

First U.S. Healthcare Center At Major Travel Hub Takes Off In NJ

The $200M Hackensack Meridian Health project will bring comprehensive, easily accessible healthcare to New Jersey Transit's Metropark Station.

BF Editors’ Blog: On Location, Best Picture Nominees

The film and television industry has significant economic impact. With the upcoming 94th Academy Awards, here's a look at the filming locations for the Best Picture nominees.
Trenton New Jersey

New Jersey Sees ‘Historic Economic Progress’

Governor Phil Murphy says the Garden State’s workforce and location provide tremendous value to businesses.
AI

AI Hub To Be Established In New Jersey

The New Jersey Economic Development Authority and Princeton University have joined forces to establish an AI hub.
life sciences

Greater Boston, San Francisco Bay, San Diego Are Top Life Sciences Markets

Greater Boston, the San Francisco Bay Area, and San Diego once again reign supreme as the top three U.S. markets for life sciences, according to a new JLL report.
New Jersey

U.S. Department Of Commerce Invests $3 Million In New Jersey

New Jersey welcomes a Business Industrial Park funded by a $3 million grant from the U.S. Department of Commerce.

Washington, Michigan, Massachusetts, California, Texas Are #1 In Key Industries

Business Facilities Annual State Rankings highlight high-growth sectors, including Aerospace/Defense, Automotive, Life Sciences, Semiconductors, and Film & Television.
Enzene Biosciences New Jersey

Global Biotech Company Chooses New Jersey For $50M Investment

Enzene Biosciences will create 300 jobs with its new 55,000-square-foot bio manufacturing plant on the Princeton West Innovation Campus.
innovation

National Science Foundation Awards $1M To First-Ever NSF Regional Innovation Engines

The National Science Foundation will provide the award to 44 unique teams spanning universities, nonprofits, businesses, and others towards creating local innovation ecosystems.
METUS New Jersey

METUS Opens New Jersey Distribution, Training Facility

New 400,000-square-foot Distribution and Training Center in Florence, NJ is intended to strengthen Mitsubishi Electric Trane HVAC US LLC’s supply chain, provide efficient heat pump distribution to the Northeastern U.S.
life sciences industry

Funding, Innovation Drive Life Sciences Success

Rapid growth and expanding boundaries propel location searches for companies in the life sciences industry at the forefront.
EpiBone Jersey City

Incentives Bring EpiBone, Inc. To New Jersey

Small, woman-founded biotechnology company EpiBone, Inc. will create 90 jobs in Jersey City, NJ with the help of NJEDA Emerge tax credits.
TOP UTILITIES

Top Utilities 2023: Powering Business

Utilities help keep economies growing: These Top Utilities of 2023 provide energy and play a vital role in the site selection process.
Campbell NJ

Campbell To Consolidate Offices, Invest $50M In NJ HQ

Campbell Soup Company will consolidate two Snacks offices into its Camden, NJ headquarters, where it will invest $50 million and house 1,600 employees.
Bluevine New Jersey

Atlantic Shores Signs On As Second Major Tenant At New Jersey Wind Port

Atlantic Shores Offshore Wind plans to create more than 200 jobs in Salem County, while Bluevine’s new headquarters will create an additional 200 in Jersey City.
Netflix

Netflix Chooses New Jersey For East Coast Film Production

The nearly $1B investment from Netflix to build a state-of-the-art East Coast production facility at the former Fort Monmouth is expected to create more than 1,500 jobs.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2024 Economic Development Organization Awards

Business Facilities Announces 2024 EDO Awards

The publication for site selection professionals recognizes 24 Economic Development Organizations (EDOs) for their innovative programs that are making an impact.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: Topeka, Kansas

With three top universities in the area and connectivity via major interstates, Topeka, Kansas is rich with opportunity. Visit the GO Topeka Economic Partnership to learn more.