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Biz in Brief
Business news from around South Jersey.

by South Jersey Biz


A task force started by Gov. Phil Murphy to investigate New Jersey’s multi-billion dollar corporate tax break programs showed evidence that George Norcross had influence in steering tax breaks toward a select group of companies in Camden.

New Jersey-based
Dressbarn announced plans to begin closing all of its approximately 650 stores.

TD Bank has agreed to pay $70 million to settle several lawsuits accusing the bank of charging customers excessive overdraft fees.

Borgata Hotel Casino & Spa will offer a brick-and-mortar sports book starting June 29 with Moneyline Bar 7 Book and Level One Cocktail Bar & Lounge.

According to a report commissioned by United Health Foundation, New Jersey ranks 21st for senior health. The state currently ranks 11th for general population health and 12th for the health of women and children.

Camden’s public art project, “A New View,” has been awarded $55,000 with funding from Comcast NBCUniversal Foundation to continue its efforts to transform sites affected by illegal dumping.

A future site of affordable housing in Mount Laurel had its groundbreaking earlier this month. The 103-apartment complex, Centerton Village, will be available to families and veterans.

The 
New Jersey State Nurses Association is pushing to increase consumer access to health care by eliminating the collaborating agreement between an advanced practice nurse (APN) and a physician.

This agreement would restrict the ability of APNs to practice to the full extent of their education and licensure.

Pennsauken-based J&J Snack Foods president and CEO, Gerald Shreiber, has committed $3 million to establish The Shreiber Family Pet Therapy Program of Rowan University. Shreiber’s gift will establish an endowment to create a self-sustaining program bringing certified therapy dogs to Rowan’s campus.

New Jersey is seeking applicants to operate up to 108 new medical marijuana businesses. The state health department announced applications for the new licenses will be available July 1 and must be submitted by Aug. 15. The state will license as many as 38 marijuana businesses in the state's northern region, up to 38 more in the central region and 32 in the southern region. Of those 108 licenses, the state wants as many as 24 growers, 30 processors and 54 retailers. 

The Ben Franklin Bridge walkway had its official opening earlier this month after a $9.2 million, nearly 800-foot-long ramp to the bridge’s south walkway from Camden was installed. The ramp replaced a two-story stairwell.

Nutrition Program opened a site at First Baptist Church of Jericho in Deptford. This location is one of six meal sites Gloucester County operates through the Division of Senior Services.

Atlantic Stewardship Bank will merge into Columbia Bank.

Dakota Power Partners, a renewable energy company, announced a $1 billion investment in New Jersey to achieve 3,000 megawatts of in-state utility scale solar by 2030.

Jean and Ric Edelman, benefactors of Rowan University, are offering $655,000 to expand the Edelman Fossil Park at Rowan University. The Edelman’s previously gave $25 million to the fossil park.

Sherwin-Williams Co. has reached two agreements to fund Superfund cleanups. It will pay an estimated $21 million to remove contaminated soil from a property in Gibbsboro once used for paint disposal, and will work with Camden County to dredge tainted sediment from Kirkwood Lake in Voorhees.

At Home is planning its second South Jersey outlet in Washington Township. The décor superstore opened its first location in Cherry Hill in 2017.

New Jersey Senate President Steve Sweeney and fellow Democrats introduced their $38.7 billion state budget proposal in mid-June.

New Jersey is among the top 10 cold storage states in the nation with 136.7 million square feet of inventory.

Voorhees Diner has agreed to pay $20,000 in settlement fees after a former server alleged he was harassed based on his sexual orientation and had to resign from his job.

The 
Charlotte W. Newcombe Foundation has awarded Thomas Edison State University a $50,000 grant through the foundation’s Newcombe Scholarships for Mature Students program. The program supports completion of bachelor’s degrees by students who are 25 years of age or older who need financial assistance at selected colleges and universities.

To read the digital edition of South Jersey Biz, click here.

Published (and copyrighted) in South Jersey Biz, Volume 9, Issue 6 (June 2019).

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