Press Releases Archives - Page 9 of 149

The Office of Strategic Defense Investment will serve as the state’s center of excellence and joint coordination point for all defense-related priorities

TRENTON, N.J. (September 3, 2025) – Today, Governor Phil Murphy announced the launch of the Office of Strategic Defense Investment, which will champion New Jersey’s defense industry by attracting new missions, safeguarding the competitiveness and sustainability of the state’s existing defense infrastructure, and fostering industry growth. Housed within the New Jersey Economic Development Authority (NJEDA), the Office of Strategic Defense Investment will work to elevate New Jersey’s defense sector by providing it with focused support, advocacy, and strategic planning for long-term growth on par with the state’s other key industries.

“New Jersey’s defense sector is a cornerstone of our state’s economy and our nation’s security. With world-class military installations and a vibrant network of defense contractors, the Garden State plays a critical role in advancing cutting-edge military technology,” said Governor Murphy. “The creation of the Office of Strategic Defense Investment demonstrates our commitment to ensuring New Jersey remains a leader in this vital industry. We will continue working closely with our partners in government, industry, and the military to strengthen New Jersey’s defense ecosystem, keeping our communities safe and our economy strong.”

New Jersey’s defense ecosystem is vital to national security, innovation, research and development, manufacturing, and technological advancements. The state hosts major military installations such as Joint Base McGuire-Dix-Lakehurst (JBMDL), Picatinny Arsenal, Naval Weapons Station Earle (NWSE), and the 177th Fighter Wing, along with a strong network of defense contractors. Together, these assets play a crucial role in supporting the nation’s war-fighting capabilities.

“Under Governor Murphy’s leadership, New Jersey has remained a leader in the defense industry, and the Office of Strategic Defense Investment will ensure the sector’s longevity and growth, which is essential for job creation and economic sustainability,” said NJEDA Chief Executive Officer Tim Sullivan. “By supporting the defense sector, we are driving economic growth and fueling innovation, while supporting our service members, their families, and our national security.”

The Office of Strategic Defense Investment will serve as New Jersey’s center of excellence and coordination hub for defense priorities, collaborating closely with the Governor’s Office, the Department of Military and Veterans Affairs (DMAVA), and leading defense stakeholders such as the Defense Enhancement Coalition (DEC), which supports Joint Base McGuire-Dix-Lakehurst and Naval Weapons Station Earle, and the Picatinny Enhancement Coalition (PEC), which advocates for Picatinny Arsenal.

“New Jersey is home to one of the nation’s most significant defense ecosystems, from three major military installations to thousands of defense contractors, employing more than 70,000 New Jerseyans and contributing billions of dollars to our state’s economy,” said NJEDA Chief of Staff and External Affairs Officer Emma Corrado, who will oversee the Office of Strategic Defense Investment. “This isn’t just about national security — it’s about jobs, innovation, and long-term economic competitiveness for communities across the Garden State. Under Governor Murphy’s leadership, this new initiative is a critical step to ensuring our state remains coordinated, competitive, and strong in advancing our defense mission.”

The defense sector is a significant employer in New Jersey, with more than 54,000 personnel working directly on the three major military bases, including more than 46,000 at JBMDL, 6,000 at Picatinny, and 1,500 at NWSE. An additional 22,000 New Jerseyans are employed as contractors or within the supply chain. These installations and contractors bring substantial federal investment to the state, with the Department of Defense (DoD) allocating approximately $9.4 billion to New Jersey in Fiscal Year 2023. This funding, which represents about 1.3 percent of the state’s Gross Domestic Product (GDP), includes $2 billion for salaries of active duty and civilian personnel, and over $7 billion in defense contracts awarded within the state.

Currently, New Jersey is home to roughly 7,091 defense contractors who collectively receive about $7.3 billion in DoD contracts. Of this, over $1.4 billion supports manufacturing and research and development across more than 1,700 New Jersey companies, underscoring the state’s critical role in advancing defense technologies.

“New Jersey’s citizenry and industry alike have always stood on the front line of national defense,” said Brigadier General Yvonne L. Mays, The Adjutant General of New Jersey and Commissioner of Military and Veterans Affairs. “We have it all: human talent, strategic location, and historic track record for excellence in critical requirements. New Jersey’s patriots set the conditions for success and victory.”

“New Jersey has always led the way in national defense and innovation. We have a proud history of supporting our military – from the vital missions at our installations to the enduring legacy of the Battleship New Jersey,” said Congressman Donald Norcross. “We know how to build ‘Made in America’ products by drawing on our world-class universities, top-ranked K–12 schools, and strong workforce training programs. With the creation of the Office of Strategic Defense Investment, we’ll harness our one-of-a-kind Jersey talent to keep our communities and servicemembers safe, while staying at the forefront of defense technology for generations to come.”

“The manufacturing, research, and development conducted by New Jersey’s defense industry is vital to maintaining our military’s advantage around the world and sustaining New Jersey’s world-class innovation economy. I am proud to have championed Picatinny Arsenal and the critical work of our defense manufacturing base since my first day in Congress,” said Congresswoman Mikie Sherrill. “As threats to our national security continue to grow around the world, the American defense industry has never been more important. We must continue to support the cutting-edge research and development New Jersey is known for and solidify our state’s leadership role in these efforts.”

“Picatinny Arsenal has long been a center of excellence that is home to world-class research and development facilities, and a powerful economic engine that provides thousands of New Jerseyans with high-quality careers,” said Senator Anthony M. Bucco (R-25). “The creation of the Office of Strategic Defense Investment is an important step to solidify New Jersey’s role as a leader in our nation’s defense industry, protect our military assets, and continue to deliver cutting-edge technology to support the brave men and women who defend our nation.”

“New Jersey’s vital defense installations fuel billions in federal investment and tens of thousands of good jobs,” said Senator Raj Mukherji (NJ-32), Chairman of the Senate Military and Veterans’ Affairs Committee and a military intelligence veteran of the U.S. Marine Corps. “The new Office of Strategic Defense Investment will keep our state competitive, protect missions, and strengthen one of the most important pillars of our economy, while safeguarding New Jersey’s vital contributions to national security.”

“I commend the New Jersey Economic Development Authority for creating the Office of Strategic Defense Investment,” said Emil Kaunitz, a member of the Defense Enhancement Coalition. “This initiative levels the field in enabling New Jersey to aggressively compete for federal jobs and infrastructure funds, which will create new job opportunities and bolster our state’s economy.”

“Picatinny Arsenal is essential to the nation’s defense and the foremost authority on ammunition in the world,” said Marty Kane, Member of the Picatinny Enhancement Coalition Board of Directors. “You would be hard pressed to find any conventional ammunition in the Army’s inventory that does not trace its development back to Picatinny. In addition, Picatinny has played a critical role in the Army and Marine Corps’ artillery as witnessed by Picatinny’s role in the development, production, and fielding of the M777 Howitzer, a system which has also proved vital in Ukraine’s fight for freedom. The Picatinny Enhancement Coalition works to highlight Picatinny’s extraordinary accomplishments and an Office of Strategic Defense Investment would be hugely helpful in introducing a much wider audience to the crucial work being accomplished in New Jersey by Picatinny and our other military installations.”

In July, Governor Murphy sent a letter to U.S. Secretary of Defense Pete Hegseth and U.S. Secretary of the Army Daniel Driscoll expressing his concerns regarding the Army’s proposed Transformation Initiative. The plan to restructure the Army’s acquisition enterprise by consolidating 12 Program Executive Offices (PEOs) into seven Capability Executive Offices (CEOs) could directly impact New Jersey’s Picatinny Arsenal.

About the NJEDA

The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.

To learn more about NJEDA resources for businesses, call NJEDA Customer Care at 844-965-1125 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.

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NOTICE OF PUBLIC HEARING (TEFRA) ( Posted September 2, 2025 at 12:25 pm)

NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY NOTICE OF PUBLIC HEARING

On September 10, 2025, the New Jersey Economic Development Authority (the “Authority”) will hold a public hearing at its regular monthly meeting, which begins at 10:00 a.m., at the Authority’s Board Room located at 36 West State Street, Trenton, New Jersey 08625 and via teleconference at 1-888-790-3708 (Conference ID: 7825427) with respect to the below listed application for private activity bond financing in accordance with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.

Application Number:	Product 321879
Project Applicant & Address:	The Atlantic City Sewerage Company.
	1200 Atlantic Avenue, Suite 300
	Atlantic City, New Jersey 08401
Operator of Project & Address:	Same as above
Project Locations:	Various locations throughout the City of
	Atlantic City, in the County of Atlantic, New Jersey
Maximum Amount of Bonds Requested:	Not exceeding $9,000,000
Description of Projects:	Financing is sought to finance the reconstruction, rehabilitation, replacement, upgrade and expansion of various sections and components of the Applicant’s sanitary sewerage system.

At the public hearing, any and all persons calling in will be afforded an opportunity to comment on the proposed issuance of bonds and the location and nature of the Project to be financed thereby. Interested persons are also invited to submit written comments, speak at the public hearing, or both. Comments provided in writing must be provided no later than 5:00 p.m. on the day before the hearing the Authority’s meeting at the Authority’s address: 36 West State Street, Trenton, New Jersey 08625.

PRIVATE ACTIVITY BOND FINANCINGS OF THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY ARE NOT OBLIGATIONS OF THE STATE OF NEW JERSEY, NOR ANY COUNTY OR MUNICIPALITY THEREOF.

Funding for such financings is secured privately through conventional lending sources.

This notice is published in accordance with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.

Informational webinar will be held in advance of submission deadline

TRENTON, N.J. (August 27, 2025) – The New Jersey Economic Development Authority (NJEDA) will close applications for the Child Care Facilities Improvement Grant Phase 2 on Tuesday, September 30, 2025. The $5 million program, which began accepting applications in September 2024, provides grants of up to $20,000 to registered Family Child Care homes (FCCs) to purchase furniture, fixtures, and equipment, supporting the improvement of health, safety, accessibility, and quality in the child care environment. An informational webinar will be held ahead of the submission deadline.

WHAT: Phase Two of the Child Care Facilities Improvement Program supports the enhancement of New Jersey’s registered FCCs, an essential component of the state’s child care mixed delivery system. To expand access to the positive effects of early child care, the NJEDA aims to provide FCCs with support that promotes long-term stability and ensures that the child care environment that they provide is safe, healthy, accessible, and conducive to high-quality early learning. Since launching Phase Two nearly a year ago, NJEDA has received hundreds of applications and has already approved dozens of FCCs for over $1 million in funding.

Phase Two of the Child Care Facilities Improvement Program builds on the success of Phase One, which has awarded over $120 million in funding to 600 child care centers to date.

WHO: Eligibility for Phase Two of the program is limited to registered FCCs that have enrolled at least one child receiving support from the New Jersey Department of Human Services (DHS) Child Care Assistance Program. Up to 40 percent of grant funding will be reserved for eligible applicants in Opportunity Zones. Other non-FCC child care centers are not eligible for Phase Two funding. For more information on eligibility, click here.

WHEN: Applications must be submitted by Tuesday, September 30, 2025, at 5:00 p.m. To apply, click here.

An informational webinar outlining program requirements and other important reminders about the application process will be held on Monday, September 8^th, 2025, at 6:00 p.m. To register, click here.

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Real Estate Gap Financing Program supports developments that address negative COVID-19 pandemic impacts

TRENTON, N.J. (August 26, 2025) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved $10 million in grant funding under the Real Estate Gap Financing Program to support the development of five real estate projects. The Program provides gap financing for impactful real estate development projects located in select municipalities that address the negative economic impacts of the COVID-19 pandemic.

“Under Governor Murphy’s leadership, New Jersey has prioritized fostering a sustainable economic recovery by ensuring that federal COVID-19 recovery resources have a lasting impact by helping communities revitalize underutilized spaces, expand affordable housing, and support small businesses,” said NJEDA Chief Executive Officer Tim Sullivan. “The projects approved under the Real Estate Gap Financing Program will strengthen local economies, expand opportunities for residents, and help create vibrant downtowns and main streets across the state.”

Approved by the NJEDA Board in July 2024, the Real Estate Gap Financing Program provides grants covering up to 50 percent of total eligible project costs, with a minimum grant funding award of $500,000 and a maximum award of $5 million per project. Eligible real estate projects include commercial/office, supermarkets/grocery stores, manufacturing, non-profit/community use projects, cultural arts, performing arts, and mixed-use projects located in 25 distressed municipalities.

The following projects were approved to receive funding through the Real Estate Gap Financing Program:

500 High Street LLC – Perth Amboy – $2,791,515
- The project, located at 500 High Street, involves the substantial rehabilitation and new construction of a long-vacant, deteriorated concrete shell structure into a 6-story mixed-use development. The project will include 23 residential units, five of which will be designated as affordable housing, along with a 1,100 square foot commercial space on the ground floor.

Parkway Eye Care Center, LLC – East Orange – $2,748,485
- The proposed project, located at 21 North Park Street, involves new construction of a mixed-use development featuring 15 residential units, including three affordable units, along with a commercial component that will serve as a new home for Parkway Eye Care Center. The project is led by a certified small, minority, and woman-owned business and is intended to stabilize the practice’s long-term presence in the community.

500 Blvd Urban Renewal LLC – Lakewood – $2,000,000
- The project, located at 500 Avenue of the Americas, will include the construction of a two-story commercial building totaling 15,698 square feet, featuring a restaurant on the first floor and conference space on the second floor.

Greater Bergen Community Action, Inc. (GBCA) – Garfield – $1,300,000
- The project, located at 106 Somerset Street, involves the substantial rehabilitation of a 24,000-square-foot, three-story office and retail building, transforming the property into a mixed-use facility anchored by a small business assistance center supporting women-, minority-, and veteran-owned enterprises—especially in the renewable energy and construction sectors. The site will also include a branch of GBCA’s 1st Bergen Federal Credit Union, a commuter-focused concession, and access to GBCA’s full range of community services.

The Institute of Music for Children – Elizabeth – $1,160,000
- The project, located at 780 Salem Avenue, involves substantial interior improvements to transform an underutilized space into a vibrant, high-quality facility for arts education, job creation, and community revitalization. The renovations aim to expand programming for youth, increase employment for teaching artists, and strengthen social and emotional health in response to COVID-19’s long-term impact on children and artists.

About the NJEDA

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Adam Sandler sequel filmed in 31 NJ municipalities

TRENTON, N.J. (August 19, 2025) – The New Jersey Motion Picture and Television Commission (NJMPTVC), which is part of the New Jersey Economic Development Authority (NJEDA), announced today that sports comedy film ‘Happy Gilmore 2’, had a total qualified spend of $152.5 million during its total of 64 days of filming in the state. The Adam Sandler sequel, which premiered last month on Netflix, nearly 30 years after the original film, utilized the NJEDA’s Film and Digital Media Tax Credit Program.

‘Happy Gilmore 2’ is one of Netflix’s latest projects that filmed in New Jersey. Other Netflix productions that have filmed in the state include ‘Nonnas’ and ‘The Irishman’ and upcoming movies ‘The Whisper Man’, ’72 Hours’, and ‘Office Romance’. Netflix has committed to expanding its presence in New Jersey and recently broke ground on its state-of-the-art, 500,000 square foot production facility at Fort Monmouth. The entertainment company’s $1 billion investment is expected to create a substantial number of permanent production jobs and construction-related positions, creating economic opportunities for local residents and boosting community revitalization.

“Under Governor Murphy’s leadership, New Jersey has become a Happy Place for filmmakers, with our above par tax credits, all-star local talent, and diverse locations,” said NJEDA Chief Executive Officer Tim Sullivan. “As productions continue selecting New Jersey, the film industry will boost our economy by helping generate good-paying jobs and support small businesses throughout the state.”

Since the state’s film tax credit program was reinstated in 2018 by Governor Murphy, ‘Happy Gilmore 2’ had the highest qualified spend of any production filmed in New Jersey. The film’s average spend per day was $2.3 million. Moreover, the production spent $1.2 million on lodging and $6.4 million on hiring extras.

“Happy Gilmore 2 showcases New Jersey’s exceptional versatility in doubling as a variety of locations,” said Jon M. Crowley, Executive Director of the New Jersey Motion Picture and Television Commission (NJMPTVC). “From golf courses and universities, to airports, beaches, and quintessential suburban neighborhoods, New Jersey has everything a production company desires. We look forward to welcoming more and more productions to the Garden State.”

‘Happy Gilmore 2’ filmed in 31 municipalities and 9 counties across the state. The exterior of the Gilmore home was filmed at a private home in Irvington and the interior was filmed at a private home in Belleville. New Jersey golf courses featured in the film included Beacon Hill Country Club in Atlantic Highlands, Fiddler’s Elbow in Bedminster, Forest Hill Field Club in Bloomfield, Closter Golf Center, Alpine County Club in Demarest, Farmview Golf Center in Hackettstown, Rockleigh Golf Course, Essex Golf Center in Roseland, and Montclair Golf Club in West Orange. New Jersey boasts over 330 golf courses in the state. According to the Virginia Turf Grass Council, New Jersey golf course revenues generated $1.4 billion of total economic activity in 2019, and was responsible for more than 11,000 jobs.

First Lady Tammy Murphy and representatives from the Governor’s Office and NJMPTVC joined Adam Sandler on set while filming at Fiddler’s Elbow.

L to R: Kathleen Coviello, NJEDA Chief Economic Transformation Officer; Janice Kovach, Mayor of Clinton and NJMPTVC Commissioner; Crowley; Sandler; First Lady Murphy; Eric Brophy, Office of the Governor, former Deputy Chief of Staff for Economic Growth; Stephanie Lagos, Office of the Governor, Deputy Chief of Staff to the Governor and Chief of Staff to the First Lady; and David Smith, NJMPTVC Vice-Chairman

Other notable filming locations include Newark Liberty International Airport, Farleigh Dickinson, Pleasantdale Chateau in West Orange, and the former Essex County Isolation Hospital in Belleville. All four sites are popular filming locations and have been featured in other major films and television shows.

Adam Sandler’s production company Happy Madison Productions chose New Jersey again to film a new project. In recent weeks, the teen musical ‘Don’t Say Good Luck’ has filmed in Cranford, Livingston, and Ridgewood.

About the New Jersey Motion Picture & Television Commission

The NJMPTVC, part of the NJEDA, is staffed by industry professionals and serves as a resource for production companies. The Commission promotes film and television production in New Jersey.

To learn more about NJMPTVC resources, visit www.film.nj.gov and follow on Facebook, X, Instagram, and LinkedIn.

About the NJEDA

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TRENTON, N.J. (August 15, 2025) – The New Jersey Economic Development Authority (NJEDA) is seeking public input on draft rules for the Next NJ Manufacturing Program, which will encourage growth in New Jersey’s manufacturing sector by offering long-term benefits to manufacturing companies. Yesterday, Governor Phil Murphy signed A5687/S4407 into law, establishing the $500 million tax credit program.

WHAT: The rules will be presented to the NJEDA Board for its review and consideration for approval. If approved, the rules will be published in the New Jersey Register for formal public comment as required by the Administrative Procedure Act before adoption.

The document explaining the draft rules can be found here.

WHEN: A listening session, which will provide an overview of the draft rules, will be held on Monday, August 18, 2025, at 1:00 p.m. To register for the webinar, click here.

Feedback must be submitted through the NJEDA’s website by Friday, August 22, 2025, at 5:00 p.m.

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$500 Million Next NJ Manufacturing Program Will Provide Tax Credits to Catalyze Investment and Job Creation in Crucial Sector

KEARNY – Governor Phil Murphy today signed A5687/S4407, creating a new $500 million tax credit program that incentivizes manufacturing investment and job creation. The Next New Jersey Manufacturing Program, which will be administered by the New Jersey Economic Development Authority (NJEDA), will encourage growth in New Jersey’s manufacturing sector by offering long-term benefits to manufacturing companies.

“From the industries that powered our early growth to the advanced facilities driving innovation today, manufacturing continues to play a vital role in shaping New Jersey’s economy and its future,” said Governor Murphy. “Since taking office, my administration has advanced policies that create good-paying jobs, attract cutting-edge manufacturers, and expand opportunity in communities across the state. The Next New Jersey Manufacturing Program builds on that progress, providing the support needed to accelerate growth, enhance our competitive position, and deliver lasting economic benefits for New Jersey manufacturers.”

Under the program, eligible businesses in manufacturing industries including advanced manufacturing, non-retail food and beverage, defense, clean energy, and life sciences can receive a tax credit award equal to the lesser of 0.1 percent of the eligible business’s total capital investment multiplied by the number of new full-time jobs or 25 percent of the eligible business’s total qualified investment, subject to a total cap of $150 million per project. $100 million in tax credits in the first two years will be reserved for clean energy product manufacturers in industries such as solar, geothermal, and green hydrogen, supporting innovative companies to further the State’s clean energy goals and support clean manufacturing. After the first two years of the program, any unused proceeds will roll over into the general manufacturing allocation.

“Under Governor Phil Murphy’s leadership, the NJEDA has remained focused on strengthening the industries of the future through programs that encourage job growth, promote expansion, and strengthen communities across the state,” said NJEDA Chief Executive Officer Tim Sullivan. “The Next New Jersey Manufacturing Program will encourage manufacturers to establish and grow successful operations in New Jersey, producing impactful economic benefits for the state and its residents for generations to come.”

In line with Governor Murphy’s vision to create the most diverse and inclusive innovation ecosystem in the nation, the program will offer stackable bonuses to companies holding New Jersey Business Certifications, like Minority and Women Business Enterprises, businesses located in Opportunity Zones, or companies that have collective bargaining agreements or labor harmony agreements in place. For a complete list of available bonuses and more information on eligibility requirements and potential awards, click here.

The Next New Jersey Manufacturing Program adds to the NJEDA’s existing initiatives that bolster the state’s manufacturing industry, aiding in expansion and supporting workforce development. As of July 2025, the NJEDA has approved 431 applications across three phases of its historic New Jersey Manufacturing Voucher Program (NJMVP), providing a total of over $66.2 million in support for these companies. In return, program awardees have committed to investing over $252.7 million in upgrading their manufacturing equipment and processes, an amount nearly four times the financial support provided by the NJEDA. Additionally, the NJEDA sponsored the New Jersey Manufacturing Extension Program’s (NJMEP) Future Makers & Creators Tour, providing an opportunity for the state’s students to connect with industry leaders and learn about career opportunities.

The primary sponsors of A5687/S4407 are Senators Michael Testa and Linda Greenstein, and Assemblymembers Louis Greenwald, Antwan McClellan, and Verlina Reynolds-Jackson.

“Manufacturing has long been the backbone of New Jersey’s economy, and this historic investment reaffirms our commitment to revitalize this vital sector,” said Senator Testa. “The ‘Next New Jersey Manufacturing Program’ is designed to drive innovation, attract new investment, and create high-quality careers for our residents. Through targeted incentives, we’re giving manufacturers and entrepreneurs the tools they need to grow, compete globally, and succeed right here in the Garden State. It is a modern revival of the message proudly displayed on the Lower Trenton Bridge— ‘Trenton Makes, The World Takes.’”

“This is a landmark piece of legislation that will drive major investments in New Jersey’s manufacturing sector,” said Senator Greenstein. “With the generous tax incentives included, the ‘Next New Jersey’ program will create high-quality jobs and solidify our state’s status as a leader in clean energy manufacturing. I am proud to sponsor this bill and will continue to push New Jersey toward a more economically prosperous and sustainable future.”

“The Next New Jersey Manufacturing Program makes clear that our state is open for business and we are ready to compete for the industries and innovation that will define the future,” said Assembly Majority Leader Greenwald. “This is about building a stronger, smarter New Jersey that prioritizes good paying jobs and long-term economic growth.”

“Manufacturing is more than machines; it’s people, neighborhoods, and opportunities,” said Assemblywoman Reynolds-Jackson. “This bill is a bold investment in our workforce and our future. With the right tools, New Jersey can lead the way in bringing back high quality manufacturing jobs.”

“The Next New Jersey Manufacturing Program is a powerful example of how our state is leading the way on creating good jobs and investing in local businesses,” said Congressman Rob Menendez. “Manufacturing is a vital part of our economy and I’m grateful to Governor Murphy and our partners in state government for prioritizing this initiative. It’s crucial that we continue to collaborate across all levels of government to ensure that we are meeting the moment and moving our great state forward.”

“We are honored to host Governor Murphy at MAC Products, Inc. for the signing of A-5687. This legislation aligns with our decades-long commitment to strengthening New Jersey’s manufacturing backbone,” said Eddie Russnow, President, MAC Products, Inc. “As a family-owned business that lives by the motto ‘We Don’t Do Easy,’ we understand the importance of resilient, in-state manufacturing capacity. The Next New Jersey Manufacturing Program will propel local investment, fuel job creation, and reinforce the innovation and integrity at the heart of our operations—and the operations of manufacturers across the state.”

“This bill represents a vital investment in New Jersey’s future, supporting the full spectrum of manufacturing, including the clean energy sectors, while empowering the workforce that drives them,” said Peter Connolly, CEO, New Jersey Manufacturing Extension Program, Inc. “NJMEP is prepared to stand alongside NJEDA and every business this program attracts to offer targeted training, consulting, and workforce development. With this robust support in place, this $500 million incentive can translate into real high-quality jobs and tangible economic opportunity for the people of New Jersey.”

“This investment reflects New Jersey’s commitment to supporting growth in manufacturing,” said Tom Bracken, President & CEO, New Jersey Chamber of Commerce. “The Next New Jersey Manufacturing Program aims to encourage innovation, attract new industries, and expand career opportunities in the state. By combining targeted tax incentives with the strengths of our workforce, we’re creating a stronger environment for businesses to build and grow in the Garden State.”

“This law represents a significant and targeted investment for New Jersey’s manufacturing sector and our economy, with no new additional funding required,” said Michele Siekerka, President and CEO, New Jersey Business & Industry Association. “It will support much-needed workforce development in manufacturing amid both federal tariff and supply chain uncertainty that challenges these important businesses. And it will incentivize a wide range of manufacturing activities, including advanced manufacturing, food and beverage production, life sciences, defense, and clean energy component manufacturing. NJBIA thanks Governor Murphy for signing this important bill into law, as well as overwhelming bipartisan support within the Legislature. Let’s get to work.”

“New Jersey’s manufacturers are the backbone of our economy, and this program provides the kind of bold, targeted investment needed to keep them competitive in a rapidly changing economic landscape. By prioritizing innovation, job creation, and in-state capital investment, the Next New Jersey Manufacturing Program sends a clear message: our state is serious about building things here at home and supporting manufacturers up and down the state. We commend Governor Murphy for his leadership on this critical issue,” said Christina M. Renna, President & CEO, Chamber of Commerce Southern New Jersey.

“As the ‘Medicine Chest of the World,’ New Jersey relies on a strong manufacturing ecosystem to produce highly advanced, technologically sophisticated, and life-saving biopharma and medical device products,” said Chrissy Buteas, CEO, HealthCare Institute of New Jersey. “These products—from cell and gene manufacturing to complex metallurgic bone mesh implants to radioligand therapeutic products—are made in New Jersey because of our skilled, well-trained workforce and incentives like the Next New Jersey Manufacturing Program Act.” Buteas added, “New Jersey’s life sciences commend the bill’s sponsors and the Governor for their leadership and vision to grow New Jersey manufacturing and create jobs.”

A Special Meeting of the New Jersey Economic Development Authority is scheduled for 10:00 am, Monday, August 18, 2025. The Members will convene via conference call and Microsoft Teams only and plan to discuss and vote on the following matters:

COMMUNITY DEVELOPMENT

Activation, Revitalization, and Transformation (A.R.T.) Phase 2 Awards

ECONOMIC TRANSFORMATION

AI Innovation Challenge Administration Grant Program – Administrator Approval

INCENTIVES

Aspire Program Approval – 701 Newark Ave, Jersey City
Aspire Program Approval – Garden Court, Atlantic City

REAL ESTATE

FMERA Purchase and Sale Agreement and Redevelopment Agreement
Real Estate Gap Financing Program Awards

Members of the public may participate in the meeting by calling in on the conference line or joining via Microsoft Teams. Members of the public will have an opportunity to speak during the public comment segment of the meeting.

The following conference number is provided:

CONFERENCE NAME: NJEDA BOARD MEETING

PARTICIPANT DIAL-IN NUMBER: 1-888-790-3708

PARTICIPANT ACCESS CODE: 7825427

The Microsoft Teams link and the final Board Meeting Agenda can be found 48 hours prior to the meeting on our website: www.njeda.gov/

A Complete Unknown, a Made in NJ film, was also nominated

TRENTON, N.J. (August 11, 2025) – Today, the New Jersey Motion Picture and Television Commission (NJMPTVC), part of the New Jersey Economic Development Authority (NJEDA), announced its nomination for Outstanding Film Commission for its work with A Complete Unknown by the Locations Managers Guild International (LMGI). The LMGI Award Ceremony will take place on Saturday, August 23^rd, in Santa Monica, California.

“Under Governor Murphy’s leadership, the film industry has become a powerful driver of economic growth in New Jersey, creating good-paying jobs and supporting small businesses across the state,” said Tim Sullivan, Chief Executive Officer of the NJEDA. “Over the past several years, the New Jersey Motion Picture and Television Commission (NJMPTC) has made a name for itself by offering top-tier service to location scouts looking to film in the state. The commission’s hospitality and experience, paired with the State’s incentive program, local talent pool, and diverse locations has made New Jersey a premier destination for major, Oscar-caliber film productions—while also continuing to be a top choice for people to live, work, and raise a family.”

A Complete Unknown, which was filmed almost entirely in New Jersey, is also nominated for Outstanding Locations in a Period Feature Film. The film was also nominated for eight Oscars, including Best Picture, Best Actor, and Best Director. Last year, Oppenheimer, which was filmed partially in Princeton, took home the LMGI Award for Best Motion Picture.

A Complete Unknown was filmed in 17 municipalities across New Jersey, with notable scenes filmed in Hoboken, Jersey City, Paterson, and Cape May. In the film, New Jersey doubles as New York City, Pittsburgh, Rhode Island, Washington D.C., and Northern California. Buildings such as the Ritz Theatre in Elizabeth doubled as Carnegie Hall and the Newark Symphony Hall doubled as a San Francisco concert venue. Other notable filming locations include Paterson City Hall, White Mana Diner and William J. Brennan Courthouse in Jersey City, Columbus Park in Hoboken, Rutt’s Hut in Clifton, and the former Essex County Isolation Hospital in Belleville. All of the stage work for the film was done at Palisade Stages in Kearny.

“From big city lookalike locations that play like Manhattan or Washington, DC to quaint coastal towns, films such as A Complete Unknown showcase New Jersey’s remarkable versatility in doubling for a wide range of locations,” said Jon Crowley, Executive Director of the New Jersey Motion Picture and Television Commission. “This prestigious nomination solidifies that New Jersey values not only the important role of location scouts, but our variety of different looks has caught the attention of filmmakers and positions us to continue attracting top-tier productions for years to come.”

About the New Jersey Motion Picture & Television Commission

The NJMPTVC, part of the NJEDA, is staffed by industry professionals and serves as a resource for production companies. The Commission promotes film and television production in New Jersey.

www.film.nj.gov

About the NJEDA

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TRENTON, N.J. (August 8, 2025) – The New Jersey Economic Development Authority (NJEDA) is now accepting project applications for the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program. The program enables commercial property owners to access a new form of financing to undertake energy efficiency, water conservation, renewable energy, and resiliency upgrades.

WHAT: The Garden State C-PACE Program allows commercial property owners to repay investments in eligible projects through a special assessment to a Participating Municipality, similar to the owner’s real property tax, sewer, or water bill. This unique form of financing results in lower-cost, longer-term financing, making it easier for projects to be cashflow-positive from the outset.

The Program will help drive private investment, from Qualified Capital Providers, throughout the State to help decarbonize existing and forthcoming buildings. Using the Program, property owners will be able to finance up to 100 percent of eligible improvements for Retrofit Projects and up to 35 percent of the stabilized value of New Construction Projects. Projects that were previously completed within the three-year look-back period are also eligible to apply.

As the Program Administrator, the NJEDA will review applications for eligibility and issue determination letters, as appropriate. Each application must include the Qualified Capital Provider, Qualified Technical Reviewer, and the name of the Participating Municipality.

The following entities have been approved and are now active participants in the program:

Approved Municipalities:
Hackensack, Lakewood, New Brunswick, Oldmans Township, Plainfield, and Woodbridge
Approved Capital Providers:
PACE Loan Group and Petros PACE Finance
Approved Technical Reviewers:
Asset Environments

WHO: Commercial, industrial, agricultural, certain multi-family residential, and tax-exempt and nonprofit property owners in approved municipalities are eligible to apply. For a complete list of guidelines and eligibility requirements, please click here.

WHEN: Applications are now open and will be accepted on a rolling basis. To apply, click here. The NJEDA will continue accepting applications for municipalities, capital providers, and technical reviewers on a rolling-basis.

A previously recorded webinar containing additional information can be found here. The webinar slides can be found here.

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