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Biz in Brief
Business news from around South Jersey.

by Staff

Cherry Hill’s Grimley Financial Corporation has been recognized by Inc. magazine by ranking No. 4,654 on its annual Inc. 5000 list, which ranks the nation’s fastest-growing private companies. This is the second time in the company’s 35-year history that it has made the list.

The New Jersey Department of Transportation announced that two of its projects have been named regional winners in the 2021 America’s Transportation Awards Competition. 

American Heritage Credit Union recently hosted the 17th Annual Car Show and Member Appreciation Day while simultaneously commemorating The Kids-N-Hope Foundation’s 25th anniversary. The event raised $25,000 for the foundation.

Rowan University has joined a new, Princeton University-led innovation network designed to transform scientific discoveries into new commercial ventures. The NSF Innovation Corps (I-Corps) Northeast Hub brings together eight institutions (including Princeton, the University of Delaware, Rutgers University, Rowan, New Jersey Institute of Technology, Lehigh University, Temple University and Delaware State University) to develop a diverse and inclusive innovation workforce. The consortium is backed by a $15 million, five-year grant from the National Science Foundation.

Local leaders recently unveiled the Camden County Recovers Small Business Grant Program, which will award $10 million of federal American Recover Plan Act funds to small businesses in Camden County impacted by the pandemic. In order to qualify for the funding, applicants must meet the following criteria:

  • Business revenue has been negatively impacted by the COVID-19 pandemic
  • The business has been located in Camden County since January 1, 2019 or earlier
  • The business employed 25 or fewer employees as of March 1, 2020
  • The business earned $5 million or less in total revenue during 2019


Additionally, the businesses cannot operate in any of the following categories:

  • Banks or other financial institutions
  • E-Commerce
  • Businesses where the primary products or services are oriented to specific ages (vaping, liquor stores, etc.)
  • Franchises, except for those franchises which are completely locally owned and operated


More information can be found at or by calling (856) 389-6704.


Tropical Storm Ida has damaged one of South Jersey’s newest marijuana cultivation sites, likely delaying the planting of cannabis plants there. Construction at Sewell’s Acreage Holdings site was nearly finished when the storm hit, the company said in a statement earlier this month. Acreage bought the medical marijuana dispensary Compassionate Care Foundation last year. 

The Gloucester County YMCA celebrated its merger with YMCA of the Pines with a ribbon-cutting ceremony, open house and family fun day Aug. 21. Joining together will allow both organizations to expand their offerings, reach and impact on the community.

German discount grocery chain Lidl is slated to open its newest South Jersey location at 601 US-130 in Cinnaminson this October. The Burlington County store broke ground in December 2020 and will be the newest of Lidl’s nearly two dozen Garden State locations, all of which have been built since 2019.

Despite the pandemic, Cherry Hill’s Towne Place at Garden State Park retail complex has steadily grown and evolved since its beginnings 17 years ago. Among its numerous openings slated for the rest of 2021 and through 2022 is one of Sugar Factory’s 15 new locations. The confectionery business known for extravagant sweets and goblet drinks will open in the former Zinburger location.

Bed Bath & Beyond is set to close its Burlington Township warehouse Oct. 29. The company plans to open a more modern facility later this fall in Frackville, Pennsylvania, about 120 miles west of the warehouse slated for closure.


When Forbes released its annual America’s Top Colleges rankings earlier this month, its list of 600 higher-learning institutions 15 New Jersey schools, including Stockton University (No. 452) and Rowan University (No. 352).

Helping Hands Family, a provider of autism therapy, is opening up two more locations in New Jersey. Based in King of Prussia, Pennsylvania, the company already has a location in Mount Laurel. Its newest locations will be in Brick Township and Mullica Hill.

The site of Macy’s Furniture Gallery in Maple Shade has been sold for $9.85 million. The 72,625-square-foot retail property at 493 Route 38 W. was sold by an undisclosed owner to Northbridge Partners. Macy’s has occupied the single-tenant building since 2001 and recently executed a 10-year lease extension.

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Published (and copyrighted) in South Jersey Biz, Volume 11, Issue 9 (September 2021).

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