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CEO Guide to the States

New Jersey


New Jersey’s 2022 economic development report revealed Choose Jersey helped 43 companies relocated to the state in the previous 12 months, retaining or creating 4,708 jobs and generating more than $3 billion in capital investments. “Innovation and opportunity continue to thrive in this environment. The success of this past year is a testament to this organization’s efforts and the fact that New Jersey is the best place to establish and grow a business,” said Ralph LaRossa, chairman of Choose New Jersey and president and CEO of PSE&G.

““And then there’s growing our economy. In the nine years before we took office, New Jersey’s economic growth ranked 47th among all American states. Yet, by working together, in the third quarter of 2021, it rose all the way up to fourth. That’s right... from the fourth-slowest-growing state economy in America to the fourth-fastest-growing state economy in America. In just four years.”
Phil Murphy


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top corporate income tax

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on the Tax Foundation’s State Business Tax Climate Index ranking


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of adults 25 years of age and older graduated high school

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of adults age 25 and older have a bachelor’s degree or higher


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decrease between 2010 and 2020


Business Retention and Relocation Assistance Act: Offers a tax credit equal to $2,500 for each new full-time position at the business’s location in the first year and $1,250 for year two.

Grow New Jersey Assistance Tax Credit: Available to businesses creating or retaining jobs in New Jersey and making a qualified capital investment at a qualified busi- ness facility in a qualified incentive area.

Manufacturing Equipment and Employment Investment Tax Credit: Offers a tax credit of 4% of the investment credit basis to a maximum of $1 million for taxpayers with 50 or fewer employees and a net income of less than $5 million.

Business Employment Incentive Grant: Offers grant funding for businesses that create at least 25 eligible positions in base years.


New Jersey Economic Development Authority

Trenton Housing and Economic Development Department

Greater Trenton

Newark Alliance


The New Jersey Manufacturing Voucher Program offers manufacturers vouchers to purchase equipment needed to improve operations and upgrade their business. As of July 2023, the program had awarded 189 vouchers to manufacturers across the state, totaling $23.4 million.


  • India-based Meteoric Pharmaceuticals USA announced in November 2022 an expansion of its operations in Morris Plains.
  • EAD Engineering announced in January 2023 the opening of is Northeastern US regional office in Parsippany.
  • Fintech company Bluevine relocated its U.S. headquarters from Redwood, California, to Jersey City in January 2023.
  • India-based Enzene Biosciences announced in June 2023 it will open a $50 million biopharmaceutical manufacturing plant and create up to 300 jobs at the Princeston West Innovation Campus in Hopewell.
  • The State of New Jersey, Japan’s top research universities and Sekisui Chemical signed Memorandums of Understanding to foster collaborative R&D in October 2023.


15 Fortune 500 companies headquartered in state,including:

  • Johnson& Johnson
  • Prudential Financial
  • Merck
  • PBF Energy
  • Becton Dickinson
  • Cognizant Technology Solutions
  • Automatic Data Processing
  • Quest Diagnostics
  • Public Service Enterprise Group
  • Burlington Stores

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)


Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.