New Jersey Chamber of Commerce Cornerstone members heard an exclusive presentation Nov. 7 by Lt. Gov. Kim Guadagno, and participated in sit-down meetings with members of Gov. Chris Christie's cabinet and senior staff to discuss ways to improve New Jersey's economy. Topics included: Expanding the economy, growing jobs, streamlining regulations, the state budget, improving the transportation infrastructure and pension reform.
Each day, millions of New Jerseyans travel the state’s rundown roads and drive across its crumbling bridges and trestles. They sit in traffic because streets are closed, are late for work because buses break down and spend hours stuck in terminals because there are not enough mass transit options. On June 30, 2015, less than a year from now, the state’s Transportation Trust Fund (TTF) will officially run out of money to fix any of these problems. Without identifying a solution to the crisis, we are putting our safety and livelihoods at risk.
Whether it was the drone flying in the ballroom, the avatars of Thomas Edison and Albert Einstein serving as co-masters of ceremonies, or the digital caricature artists providing sketches of the guests, there was much to remember from the New Jersey Chamber of Commerce's Oct. 27 Gala commemorating the state's 350th anniversary and its rich legacy of innovation.
State political leaders sat opposite business leaders this morning over breakfast to discuss some of the state economy's most pressing issues. Number one, according to the Chamber's president — a lack of funding for the Transportation Trust Fund. The fund pays to maintain our roads and bridges, and it's running out of gas.
The governor and the Legislature soon must find a way to raise nearly $2 billion annually to pay for maintenance to New Jersey's highways, bridges and mass transportation, or the state risks losing companies and jobs because of a crumbling infrastructure, agreed state Senate President Stephen Sweeney and Senate Republican Leader Tom Kean.
The Garden State's Greatest Inventions
Some of the greatest products in history have been created right here in New Jersey. At the N.J. Chamber of Commerce's Gala Oct. 27, the best of the best were named. How were the winners chosen? Residents were asked to vote, and more than 1,000 people participated. Here are the survey results:
The Gala will highlight how NJ Thinkers have Changed the World, and We'll Reveal the State's All-time Top Innovators
The N.J. Chamber of Commerce is throwing a 350th anniversary party for the state of New Jersey on Oct. 27 at The Palace in Somerset to celebrate the state's rich legacy of innovation. Among the special guests will be Lt. Gov. Kim Guadagno; the families of Thomas Edison and Selman Waksman (Rutgers' Nobel Prize-wining 'Father of Antibiotics'); heads of the state's most prestigious R&D firms; and a delegation from the "Other Jersey" - the Isle of Jersey in the British Channel.
Speaking Tuesday morning in Monroe at a breakfast event held by the New Jersey Chamber of Commerce, NJ Transit Executive Director Veronique “Ronnie” Hakim said $1.27 billion in federal Superstorm Sandy recovery funding awarded to the agency earlier this month will be put to good use.
Through several slated projects, the money will be used to harden signals, strengthen infrastructure along the heavily used Northeast Corridor and prepare the agency for the next big storm.
It's no secret that the Northeast Corridor, the 900-mile railway line between Boston and Washington, is in desperate need of an upgrade. But Tony Coscia, chairman of Amtrak, put it in plain English for New Jersey Chamber of Commerce members during a Sept. 30 roundtable breakfast.