Office Space
Crunching Numbers, On the Move and Breakdown
Crunching Numbers
7
The number of Registered Apprenticeship Programs launched by Rowan University to help address educator shortages by combining coursework, hands-on training and mentorship for future teachers and school leaders.
$100 million
The amount that George E. Norcross recently donated to Cooper University Health Care and its MD Anderson Cancer Center. The gift is the largest in Cooper’s history.
$113,000
The amount awarded in NJAC Foundation scholarships o eight graduates of the Atlantic County Institute of Technology.
11
The number of New Jersey hospitals recognized as Best Regional Hospitals by U.S. News & World Report, including Cooper University Hospital in Camden and AtlantiCare Regional Medical Center in Atlantic City.
$10 million
The amount that the New Jersey Chapter of Golden Seeds has invested in women-owned startups since its launch in 2020. The state chapter was formed in partnership with the New Jersey Economic Development Authority.
$193,000,000
The total recovered by the state in civil enforcement efforts, including settlements in cases involving consumer fraud, labor issues, financial misconduct and more.
Breakdown
The New Jersey Economic Development Authority (NJEDA) approves first award under Next New Jersey Manufacturing Program.
The New Jersey Economic Development Authority (NJEDA) approves first award under Next New Jersey Manufacturing Program.
What Happened: The New Jersey Economic Development Authority (NJEDA) Board approved the first tax credit award under the Next New Jersey Manufacturing Program. The award recipient, Starman New Photonics, LLC (SNP), is a newly formed U.S.-based advanced manufacturing company building a domestic supply of high-speed optical transceivers essential for the AI industry. With a $150 million investment, Starman will be renovating a 100,000-square-foot facility in Warren and is expected to create 250 new jobs.
What It Means: “New Jersey’s manufacturing industry is critical to our economy, helping drive investment and create good-paying jobs,” said NJEDA Chief Executive Officer Evan Weiss. “Starman New Photonics is a perfect blend of a long-standing industry—manufacturing—and a new one—AI—both of which are producing impactful economic benefits for the state and its residents. I look forward to working with Governor Sherrill to ensure the industries have the tools needed to grow and succeed and its economic impact is felt in communities across the state.”
What’s Next: Far exceeding the program’s minimum investment and job creation requirements, SNP qualifies for a tax credit of $7.5 million issued annually over the first five years of a 10-year commitment to New Jersey, for a total of $37.5 million.
On the Move
Archer & Greiner has welcomed PJ Farinella as a partner in its business litigation practice group. Farinella is an experienced litigator who focuses his practice on commercial litigation in state and federal courts throughout the country.
Capehart Scatchard announced the retirement of Claire Y. Ringel after a distinguished 35-year career.
Stockton University has appointed two new deans. Shannon “Nikki” Clifford now leads the School of Health Sciences, and Dennis Yu has been named the head of the School of Business.
Annie Fox is the new executive director for Habitat for Humanity of South Central New Jersey, taking over for outgoing CEO Lori Leonard.
Duly Noted
Hyland Levin Shaprio’s Dennis M. Tuohy Jr., an associate in the firm’s zoning and land use department, has been appointed to the New Jersey State Bar Association Environmental Law Section’s Board of Directors for the 2026–2027 term.
Jefferson recently announced the appointment of Anthony P. Monaco, M.D., Ph.D, and Elizabeth Bierbower to its enterprise board of trustees.
