AGP Executive Report
Last update: 6 hours agoBiotech: New Brunswick’s NJ Innovation Hub has grown to 21 member companies since July. The 30,000-square-foot facility offers shared labs and equipment, helping build the state’s life sciences cluster. Made in NJ: LiftTrac, whose manufacturing moved from Arizona to New Jersey, is a finalist for NJMEP’s 2026 Innovator of the Year award. Medical Manufacturing: Franklin Lakes-based BD plans to invest $19 billion in U.S. operations and supply chains, including $3 billion to expand production. The company expects to increase annual domestic output of medical supplies by about 5 billion units. Energy: Google and Constellation signed a 20-year deal supporting 890 MW of added nuclear capacity through upgrades at 11 reactors, including sites in New Jersey. The first upgrade is expected online in 2028. Data Centers: Opposition is growing over proposed New Jersey data centers, with Princeton urging state regulators to deny a permit and residents raising concerns about energy and water use. Newark Airport: American Express says its Centurion Lounge has been delayed until 2027, but the planned space has grown to more than 30,000 square feet, making it the network’s largest.
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