J&J Spinoff Kenvue Locating HQ in Summit
On May 1, 2023. Kenvue, the multibillion-dollar spinoff of Johnson & Johnson’s consumer health business, has chosen to locate its global headquarters in Summit. The decision builds upon Johnson & Johnson’s storied history in New Jersey, as Kenvue received no state tax incentives when making the decision to establish its headquarters. Kenvue ...
Why the Title ‘The Garden State’ Still Prevails
New Jersey still maintains its name, “The Garden State,” as the state boasts more than 733,000 acres of farmland. We are among the top-10 states in the production of cranberries, blueberries, apples, sweet corn and more. This image shows that after many years of agricultural innovation, farming remains a basic process of planting seeds and ...
Horizon, HMH and RWJBarnabas Introduce Braven Health Plans
On Sep 15, 2020. Horizon Blue Cross Blue Shield of New Jersey and Hackensack Meridian Health (HMH) announced the formation of Braven Health SM, a Medicare Advantage plan serving eight counties. HMH and Horizon BCBSNJ are also working with RWJBarnabas Health (RWJBH) to join Braven Health, subject to approval by the New Jersey Department of ...
Covanta Transforms into Reworld - New Jersey Business Magazine
On Apr 17, 2024. Following two years of investment, transformation and growth, Morristown headquartered Covanta, a leading waste-to-energy provider, has rebranded as Reworld™. Reworld™ has transformed itself into a multifaceted entity, expanding its geographic footprint, showcasing innovative solutions for waste management, and adopting a ...
NJBPU Approves Over 3,700 MW of Offshore Wind Capacity in …
Jan 24, 2024 · NJBPU Approves Over 3,700 MW of Offshore Wind Capacity in Combined Award On Jan 24, 2024. The New Jersey Board of Public Utilities (NJBPU) today awarded a combined 3,742 MW of offshore wind capacity to Invenergy and energyRE’s Leading Light Wind Project and Attentive Energy LLC’s Attentive Energy Two Project, advancing the state’s progress toward a 100% clean energy economy by 2035.
Walmart Announces 2-Year, $75M NJ Investment as Supercenter …
Aug 18, 2023 · Walmart Announces 2-Year, $75M NJ Investment as Supercenter Reopens. The Walmart Supercenter at 400 Park Place in Secaucus celebrated its grand reopening today. The remodeling is part of Walmart’s investing more than $75 million over two years to update and remodel 11 stores in New Jersey. In addition to the local jobs the investment supports ...
Atlantic City Electric Announces Major Actions to Combat Climate …
Sep 22, 2021 · Atlantic City Electric Announces Major Actions to Combat Climate Change Company launches comprehensive effort to help reduce greenhouse gas emissions and drive resilience in support of New Jersey’s clean energy and climate goals
East Orange General Hospital Announces New Ownership Group
On Oct 15, 2021. East Orange General Hospital (EOGH), Essex County’s only independent, acute care community hospital, announced it will be acquired by EOH Acquisition Group, LLC, a new ownership group led by hospital Chief Executive Officer Paige Dworak, who will serve as the first female-owner CEO of a hospital in New Jersey.
Nokia Bell Labs HQ is Moving from Murray Hill to New Brunswick
Dec 11, 2023 · By Jim Pytell, Managing Editor On Dec 11, 2023. For 80 years, Nokia Bell Labs has called Murray Hill home. Today, the historic R&D company credited with the development of the transistor, laser and other significant technological breakthroughs, announced that it is moving its headquarters to New Brunswick, and will occupy the entire second ...
Why NJ Businesses Should Take the BAIT
Jan 11, 2022 · The Business Alternative Income Tax (BAIT) is New Jersey’s innovative solution for business owners to minimize the impact of the limitation on deducting state and local taxes (SALT) in computing federal income tax resulting from the Tax Cut and Jobs Act of 2017 (TCJA). Under the TCJA, a taxpayer is limited to a federal tax deduction ...