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Biz in Brief
Business news from around South Jersey.

by Presented by First Harvest Credit Union

Architecture and engineering firm PS&S announced last month that it has purchased two South Jersey companies: the Cinnaminson-based Stout & Caldwell Engineers and architectural firm Becica Associates in Cherry Hill.

On April 17, Habitat for Humanity of South-Central New Jersey was joined by Ducktown CDC, Noyes Art Garage of Stockton University and the Atlantic County Economic Alliance when it hosted Rock the Block, a daylong neighborhood revitalization initiative that includes home repairs, yardwork, community projects and accessibility improvements.

Atlantic City Electric, employees from IBEW Local 210, Gateway Community Action Partnership and the borough of Paulsboro partnered with KABOOM! to bring a children-designed and community-built playground to the borough. 

In celebration of Earth Day, employees from two subsidiaries of South Jersey Industries—South Jersey Gas and Elizabethtown Gas—participated in a number of local initiatives, like breaking ground on a food waste-to-renewable natural gas project, hosting a tree-planting event and attending various cleanups.

National Integrity Title Agency recently expanded beyond the region by opening its first Floridian office in Palm Beach Gardens.

Rowan University’s $73 million, 44,000-square-foot Jean & Ric Edelman Fossil Park is expected to open in Mantua this summer—a debut that Smithsonian Magazine has named as one of the most-anticipated museum openings on the planet.

The Screen Alliance of New Jersey launched at the end of last month. Its mission includes ensuring that the NJ Film and Digital Media Tax Credit Program remains predictable, transparent and sustainable, in addition to acting as the unified representative of every industry sector.

With three offshore wind projects approved for the state’s coast, the New Jersey Board of Public Utilities (BPU) opened the fourth round of offshore wind solicitations April 30; interested bidders can submit proposals until July 10. This will target at least 1,200 megawatts and up to 4,000 megawatts of capacity, with the accompanying BPU document noting that the board “seeks to promote robust competition in this Fourth Solicitation and future solicitations to support the continued development of the offshore wind industry in New Jersey.”

The New Jersey Small Business Development Center at Fairleigh Dickinson University (FDU) recently announced Veterans Launching Ventures, a program that assists military personnel and their families in either starting or growing a business. With TD Foundation and Wells Fargo sponsorships, the initiative will be offered at no charge and was created in partnership with both FDU and Stockton University. It will consist of four modules and can be taken either on-demand or through live virtual training courses. Email SBDCinfo@fdu.edu or call (201) 692-2236 for more information, or register at bit.ly/VLVRegistration.

The American Water Charitable Foundation, the philanthropic arm of Camden-based American Water, announced April 30 that it has awarded a combined $1 million to 59 organizations in 11 states through its 2024 Water and Environment Grant Program. The program supports projects and initiatives that advance environmental, social and governance and DEI efforts.

Statewide recreational cannabis sales for Q1 2024 totaled more than $201 million, according to an announcement from the New Jersey Cannabis Regulatory Commission earlier this month. That’s a 38% increase compared to the same period last year: Sales in Q1 2023 were generated by 24 licensed dispensaries; one year later, that number had increased to 130.

As of press time, USA Today’s 2024 Readers' Choice Awards ranked Camden’s Adventure Aquarium among the top three for the nation’s best aquarium. The top 10 winners will be announced May 22

The state is set to receive just over $123 million from the Environmental Protection Agency’s Drinking Water State Revolving Fund. The money will be used to replace lead pipes that are the source of drinking water in both homes and businesses.

Ian Aubourg has been named the senior vice president of retail sales for AnnieMacHome Mortgage in Mount Laurel.

To address a growing need, the Tint Tutor has opened in Berlin. The company provides instruction on flat glass window film installation.

Marshall Spevak has officially been named the permanent CEO of Battleship New Jersey. The area native had served as the interim CEO since last November.

NJ Transit recently approved a fare hike for commuters this summer. In July, all train, bus and light rail fares will climb as high as 15%. Officials say the increase will help the agency contend with its $1 billion shortfall in its 2026 budget.

Malamut Law announced on May 6 that Stephanie Caloiaro, Esq., has joined the firm’s government group.

The Cooper Foundation recently announced the recipients of its inaugural Linda Brand Scholarship, awarding a total of $23,000 to nine outstanding team members, all of whom the foundation’s chairman Philip A. Norcross, Esq., described as exemplifying “Linda’s spirit of perseverance and dedication to personal and professional growth:” Daniel Borrero, Nicole Cirelli, Julie Cruz, Melanie Flint, Delia Iguina, Latisha Lewis, Alyssa Nuzzo, Nyree Oliver and Normali Santiago.

When The New Jersey Department of Community Affairs announced earlier this month that it has awarded $14.8 million to 21 statewide community-based nonprofits through the Neighborhood Revitalization Tax Credit Program, four Camden organizations were listed among those beneficiaries. Saint Joseph’s Carpenter Society will receive $1,000,000; Heart of Camden was awarded $545,000; Parkside Business & Community in Partnership, Inc., will be given $930,000; and Camden Lutheran Housing, Inc., will receive $432,500, all of which will use their monetary awards to the benefit of the neighborhoods they serve.

On May 1, Gov. Phil Murphy signed bipartisan legislation to codify the 2022 program directing the New Jersey Department of the Treasury to establish a certification for LGBTQIA+-Owned Businesses, which aims to help underrepresented groups gain access to business-bolstering contract opportunities and government programs.