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March 16, 2018
GOVERNOR MURPHY LOOKS TO FUND NJ TRANSIT
Governor Murphy's first budget calls for an additional $242 million in operating funds for NJ Transit. He says the extra funding will help NJ Transit stop using capital funds for operational needs.
GOVERNOR MURPHY ESTABLISHES JOBS AND ECONOMIC OPPORTUNITY COUNCIL
Governor Phil Murphy has signed an executive order establishing the Jobs and Economic Opportunity Council.
The Council will provide economic advice and recommendations for stimulating job growth and workforce development in New Jersey.
JCP&L INFRASTRUCTURE INVESTMENTS
Jersey Central Power & Light is investing $357 million to upgrade substation equipment. JCP&L says the projects come after the company spent $308 million in 2017 to build new transmission lines, install voltage-regulating equipment and automated controls.
FOLEY, INC. ACQUIRES GILES & RANSOME
Foley, Inc. of Piscataway, NJ, has acquired Giles & Ransome, Inc., headquartered in Bensalem, PA. The transaction was the result of a mutual agreement between both dealerships and Caterpillar.
As a result of the acquisition, Foley CAT's territory expands from northern New Jersey to the Delaware Valley, southern New Jersey and northern Delaware. Foley will continue to operate out of its headquarters in Piscataway, N.J., and will now also operate out of Bensalem, Pa., (Ransome CAT's former headquarters); Whitehall, Pa.; Bear, Del.; and Hammonton, N.J.
PEOPLE ON THE MOVE
Cooper University Health Care has reorganized its leadership by promoting Kevin O'Dowd and Anthony Mazzarellito Co-Presidents, CEO Adrienne Kirbywill also take on the title of Executive Chair.
Stephen Dilts has been promoted to Senior Vice President, New York Office Leader of HNTB and Gary Hullfish, PE is now Vice President and New Jersey Leader.
3/27/18 - Newark Terminal A Redevelopment, click here to register.
4/4/18 - Meeting with Port Authority Chief Engineer Jim Starace, click here to register.
4/16/18 - City of Camden....A Growing Economic Force, click here to register.
Voters approved school construction proposals totaling nearly $105.7 million in five districts. Most projects were eligible for state funding to cover part of the cost. Approved projects include:
Additions and renovations to middle schools and upgrade of the HVAC system at the high
Total project cost: $25,000,000
State funds: $4,509,071
Two proposals addressing heating and ventilation/air conditioning in the high school
Conversion of steam heat to hot water heat in the older portion of the high school.
Total project cost: $2,800,000
State funds: $1,120,000
Replacement of unit ventilators and installation of air conditioning in the high school's A-Wing.
Total project cost: $798,466
State funds: $319,386
Northern Burlington County Regional
Improvements including construction of an addition connecting "east" and "west" buildings of the high school complex; renovations and improvements to instructional space; new science labs, technology labs, agriculture and media instructional space; and other improvements.
Total project cost: $39,760,000
State funds: $10,378,491
New classroom additions, window and door replacements, construction of new field house,
and new main entrance and security vestibule at high school; other renovations and
Total project cost: $35,669,908
State funds: $10,452,942
Two-part proposal for work at Green Hills School
Roof replacement at Green Hills School.
Total project cost: $1,091,000
State funds: $436,382
Acquisition and installation of ventilators, air conditioners and ADA improvements at Green
Total project cost: $568,000
State funds: $227,178