- 2023-01-05
Economic development projects in New Jersey are often subject to lengthy delays because municipalities may not have the resources to turn-around construction inspections in a timely manner. This unfairly stalls projects and increases costs for developers. In the meantime, towns and cities miss out on the much-needed tax revenue that result from completed projects.
Congratulations to Netflix on purchasing the former Fort Monmouth 292-acre site to build a state-of-the-art production facility. We salute the Governor and his team, the New Jersey Economic Development Authority and Choose New Jersey for all their efforts to bring this transformative project to this prime piece of real estate in New Jersey. When completed, the project will cost more than $900 million and create thousands of jobs for state residents. That will be quite a long-term boost to Monmouth County’s and the state’s overall economy. Netflix officials stated they chose the historic Fort Monmouth site because they were impressed by its prime location on the East Coast and since they will have access to our quality workforce. That speaks volumes to what New Jersey has to offer Netflix and other companies considering the state.
The N.J. Chamber also Elected Four New Board Members
Ralph Izzo, former president and CEO, and outgoing chairman, of PSEG, and former chairman of the New Jersey Chamber of Commerce Board of Directors, has been named an honorary lifetime member of the Chamber Board, N.J. Chamber President Tom Bracken announced.
The New Jersey Chamber of Commerce congratulates the New Jersey Economic Development Authority on receiving $255 million in federal funds to support small businesses – and we are appreciative to them for creating six programs that target important sectors to our state’s growth.
We are pleased that our state leaders recognize that entrepreneurs and small businesses need assistance.
In addition to this, it is important for the state to continue to look for ways to assist the general business community with their working capital needs as they continue to deal with high inflation, supply chain issues, rising energy costs, a lack of skilled workers and other factors out of their control.
The announcement is great news for the business community – and we look forward to collaborating with the state in 2023 to create more programs to assist more members of our business community, and help our economy thrive.
- 2022-12-20
- ROI-NJ Op-Ed
As we close 2022 and head into a new year, New Jersey’s business community is hearing and reading mixed messages regarding the state of the state’s economy. Some are suggesting the business climate is fine, but that view is not matching the reality that businesses owners are experiencing.
N.J. Chamber of Commerce Members,
I’d like to wish you a happy holiday season and thank you for your support of the New Jersey Chamber of Commerce in 2022.
New Jersey Chamber of Commerce members celebrated the start of the holiday season in style – at Calandra's Italian Village in Caldwell on Dec. 1. The 11th annual Chamber Holiday Party was attended by almost 200, including over 25 members of the N.J. Chamber Board of Directors.
- 2022-10-19
The Inaugural Awards Ceremony was Hosted by the African American Chamber of N.J. and the N.J. Chamber
Six New Jersey companies that are leading the way in demonstrating tangible and measurable progress in DE&I (diversity, equity and inclusion) were honored as outstanding corporate citizens at the first-ever DE&I Trailblazer Awards reception Nov. 3, hosted by the African American Chamber Commerce of New Jersey and the N.J. Chamber of Commerce.
- 2022-10-26
The African American Chamber Commerce of New Jersey and the N.J. Chamber of Commerce will co-host one of the most important business events of 2022 – the first-ever DE&I Trailblazer Awards reception. The Nov. 3 event will recognize New Jersey companies that are demonstrating tangible and measurable progress in the critical areas of diversity, equity and inclusion (DE&I).
- 2022-10-19
The Two Women, Who Embody the Best of Outside-the-Box Thinking, Received the N.J. Chamber's 'Women Leaders in Innovation' Award
Two social justice heroes who have each made it their life’s work to fight systemic barriers and make New Jersey a better and more equitable place to live and work were presented the New Jersey Chamber of Commerce’s 2022 Alice H. Parker Women Leaders in Innovation Awards on Oct. 12.