Panelists discussed the tax incentives New Jersey offered companies and its impact on the city's economy.
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The EDA approved a 10-year, $39.3 million Grow New Jersey award to Audible Inc. to create a new technology center in Newark.
State lawmakers, Gov. Chris Christie and Lt. Gov. Kim Guadagno gathered in Moorestown for the formal announcement of a $100 million Navy contract for Lockheed Martin.
Caren Franzini, CEO of the New Jersey Economic Developmental Authority, talks about the $37 million tax credit to Cablevision and almost $90 million for other Grow New Jersey projects.
Cliff Lindholm, president and CEO of Falstrom Company, cites high taxes, energy costs and finding skilled labor as challenges to doing business in the Garden State.
Deborah Howlett, former president of New Jersey Policy Perspective, says the grants favor large corporations and won't create new jobs.
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Commerce and Industry Assoc. President John Galandak said Grow New Jersey approves of tax breaks for companies to grow their businesses in the Garden State.