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September 2012 Archives

New Jersey EDA trying to influence local business planning

The New Jersey Economic Development Authority, or EDA, is doing what it can to keep businesses in New Jersey. The EDA is tempting businesses like Honeywell International and Dotcom Distribution with $40 million in tax credits. Both Honeywell International and Dotcom Distribution's business planning is in a state of flux right now. Both companies are trying to decide whether to move to another state or renovate their current space in New Jersey.

Business planning for Allergan increases presence in New Jersey

Allergan, a company known for Botox, has decided to move its clinical trial offices to New Jersey. The company, whose business includes much more than Botox, has been successful in gaining approval for seven new products in two years. With that kind of success, Allergan's business planning had to turn to finding a location that would provide them with more space and more qualified potential employees.

Business Litigation: New Jersey to get part of drug settlement

Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson based in Mercer County, New Jersey, has settled a lawsuit filed against it by 37 states. The lawsuit alleges that Janssen Pharmaceuticals marketed anti-psychotic drugs for uses that were not approved for by the U.S. Food and Drug Administration. For Janssen Pharmaceuticals, this business litigation was best dealt with through a settlement.

Good business planning pays off for New Jersey companies

Several New Jersey companies have been listed by Inc. magazine as part of their 5,000 fastest growing companies in the nation. The basis for the list is each company's revenue growth since 2008. The business planning of these companies has allowed them to experience growth in a recession.

New Jersey business merger: Local company gets into vitamins

Church & Dwight, the Princeton, New Jersey based company, has announced that it is purchasing Avid Health, Inc. Church & Dwight's current product base includes products such as Arm & Hammer Baking Soda, Brillo pads, and Aim toothpaste. This business merger will expand that product base to vitamins.

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