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NJBIZ is a magazine focusing on Local Interest

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Tight credit kills $70M project

Oct 26, 2009; ... Area businesses hoped for Sandy Hook deal, but cautious investors wouldn't commit AN ARBITRATOR'S report thai killed a $70 million redevelopment project on Sandy Hook underlined investors' support for the venture, even as it cited insufficient financing commitments as a reason to cancel ...

State continues to attract pharma industry

Oct 26, 2009; ... Companies expected to bring more jobs to the area IN RECENT MONTHS, several pharmaceutical companies have chosen New Jersey to set up shop, particularly for the development of cancer drugs, including some emerging blockbusters. Some highlights: * In late September, Leo ...

As election nears, N.J. budget in center ring

Oct 26, 2009; ... Projected shortfall casts doubt on candidates' ability to achieve goals EACH OF THE three candidates for governor has had a chance to answer the $8 billion question: How will they close the projected state budget deficit next year? With the state's fiscal situation continuing to ...

BIG Cinemas expands in New Jersey with South Asian flavor

Oct 26, 2009; ... India's biggest cinema chain operator, the Mumbai-based Reliance Media Works, has expanded its presence into New Jersey by investing in theaters in North Bergen and the lselin section of Woodbridge. Last week, it rebranded the lselin movie house as BIG Cinemas, the company's banner that now has ...

Abbott Labs finds success with I-Stat technology

Oct 26, 2009; ... Five years after Abbott Laboratories bought medical device maker I-Stat Corp. for $400 million, it has doubled its work force to 285 employees and tripled its business volume, said Glen Tineviz, director of marketing for Abbotfs Princeton-based Point of Care business. He declined to specify ...