

This week’s New Jersey Business Report highlights four major developments impacting the state’s business landscape:
New Jersey adopts first State Development & Redevelopment Plan update since 2001,
establishing a statewide framework for land use, housing, transportation, infrastructure, and climate policy to guide future growth, regional planning, and coordinated public-private investment.
Adagio Teas expands into a new 80,000-square-foot warehouse in East Rutherford,
adding roasting and packaging capacity and supporting the company’s diversification into coffee, spices, and honey products while strengthening local manufacturing and distribution activity.
Choose New Jersey reports $13.6 billion in foreign direct investment and 27,000 jobs since 2018,
reflecting the state’s growing role as a destination for international business expansion and creating new opportunities in export services, global partnerships, and supply-chain integration.
NJBIA survey finds rising energy costs and tariffs are the top challenges for New Jersey businesses,
with most respondents reporting declining business affordability and cost pressures influencing pricing, margins, workforce decisions, and 2026 investment plans.
New Jersey Business Media is a statewide platform dedicated to empowering entrepreneurs across New Jersey. Through our podcast, community events, and weekly business reports, we connect local leaders, highlight their stories, and provide practical resources to help businesses grow.
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