SJBiz_Biz Brief_0225FINAL.qxp_AroundTown 2 / 10 / 25 2 : 33 PM Page 3 bizINbrief B U S I N E S S N E W S F R O M A R O U N D S O U T H J E R S E Y Continued from page 29 being recognized as a regional Anchor Institution . Earlier this month , The Horizon Foundation for New Jerseylaunched a new Veterans Health Initia - tive to provide funding to veterans organizations and lend support in behavioral health , housing and food security , and economic opportunity . Mercer County officials recently signed a project labor agreement for $ 5.7 million in stadium reno - vations at Trenton Thunder Ballpark . The agree - ment requires union labor from local building trades for updates to the 31 - year - old stadium so it meets MLB guidelines in an effort to attract a pro - fessionally affiliated minor - league team . Visit Atlantic Cityannounced the integration of Do AC’s brand and assets under the unified Visit Atlantic City name on Feb . 5 in a strategic move combining both leisure and meetings marketing and communications , which aims to create a cohesive destination image that resonates with tourists and business travelers alike . January marked the 125th anniversary of the International Brotherhood of Electrical Workers ( IBEW ) Local 102 , a milestone that the union celebrated with its 3,000 members across New Jersey and Pennsylvania . Leaders of both Cooper University Health Care and Rowan Universityare planning to create a joint innovation center , which would both sup - port a researcher consortium and boost medical technology commercialization with the intent of bringing real - world solutions from the lab to the marketplace . According to a recent report from the Lloyd D . Levenson Institute of Gaming , Hospitality and Tourism , part of the School of Business at Stockton University , Atlantic City’s casino oper - ators reached a record - setting industry high in 2024 for total annual gross gaming revenue . Reaching nearly $ 5.7 billion surpasses 2023 ’ s record high of $ 5.24 billion by 8.7 % — the first time the industry exceeded the 2006 peak of $ 5.22 billion . Officials in the Gov . Murphy administration announced late last month that the state of New Jersey has achieved 5 gigawatts of installed solar capacity , more than doubling its solar energy output since 2017 . Now that Camden County Commissioners approved the purchase of a launch site from the Camden County Municipal Utilities Authority on Jan . 16 , a $ 1.1 million boat launch is in the works . The site , proposed for a location near the Camden - Pennsauken border’s current parking lot , would provide access for kayakers and other visitors at Gateway Park in an effort to improve parks , trails , recreational access and more along the Cooper River and the Delaware River’s back channel . 30 | SOUTH JERSEY BIZ | VOLUME 15 ISSUE 2 | SouthJerseyBiz.net