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Ridgewood NJ, New Jersey Governor Phil Murphy has made drawing new industries to the Garden State a key priority, aiming to present New Jersey as a business-friendly environment. The state Economic Development Authority (EDA) has been pivotal in this effort, offering substantial tax incentives to various industries.
Continue reading Attracting New Industry to New Jersey: Successes and Skepticism
the staff of the Ridgewood blog
Newark NJ, Great Point Studios, a studio investment/management business specializing in film and television infrastructure, and The New Jersey Performing Arts Center (NJPAC), Newark’s anchor cultural and civic institution, today announced a partnership with global content leader Lionsgate (NYSE: LGF.A, LGF.B) to build a major new production facility in Newark. The facility will be owned and operated by Great Point Studios. As the facility’s long-term anchor tenant, Lionsgate will receive naming rights to the studio. NJPAC will manage public affairs and community relations for the studio and create educational programs and internships for Newark high school and college students.
