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North Jersey Business

With much fanfare, Pascack Valley Hospital reopens its doors

It was the beginning of a new era — or the resumption of one that’s been on pause for years — today when Gov. Chris Christie attended the reopening of Pascack Valley Hospital, in Westwood, which closed in 2007 after running into financial problems.
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SAIC gets prime contract from DARPA

Science Applications International Corp. announced Wednesday it was awarded a prime contract by the Defense Advanced Research Projects Agency to provide engineering services in support of the adaptive radar countermeasures program.
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Provident Bank expands commercial lending team in Bergen

Provident Bank, in Jersey City, announced Monday the expansion of its commercial lending team in Bergen County through a team headed by seven lenders specializing in commercial, health care and real estate lending.
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Wyndham announces closing of new credit facility

Parsippany-based Wyndham Worldwide Corp. announced Wednesday the closing of a new 1. 5 billion revolving credit facility to replace its existing 1 billion facility, which had been scheduled to mature in July 2016. The maturity date of the new facility is July 2018.
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Super buzz surrounds Big Game Experience event

Today's Big Game Experience Expo at the Meadowlands Expo Center is a hit in the early going, according to organizers.
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Developer finally bringing life to abandoned South Orange site

Edward Ayuso took control of the former Beifus Mercedes site in South Orange only two years ago, but he had taken notice of it long before that.
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Cancer Genetics signs agreement with MultiPlan

Rutherford-based oncology specialty firm Cancer Genetics Inc. on Tuesday announced it entered into an agreement with MultiPlan Inc. , a provider of health care cost management solutions.
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United Airlines Unveils a New Look in Celebration of 25 Years at Newark Terminal C

United Airlines today will celebrate the 25th anniversary of the airline’s Terminal C hub facility at Newark Liberty International Airport, one of the world’s most modern airport terminals and the cornerstone of the original and largest New York/New Jersey airline hub.
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Mill Creek breaking ground on long-planned Morristown project

Construction is set to begin on a project that will add hundreds of luxury apartments at the edges of downtown Morristown, giving new life to a site that was long considered to be underused as the home of the town’s public works garage.
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Connecting business owners with Super Bowl opportunities

More than 800 tickets have been sold, and nearly 90 percent of exhibit booth spaces taken, for The Big Game Experience on Wednesday at the Meadowlands Expo Center. The event is for business owners interested in planning on hosting or attending events related to the February 2014 Super Bowl at MetLife Stadium, in East Rutherford.
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Hackensack HUMC Restarts Kidney Transplant Program

Hackensack University Medical Center announced it has reactivated its adult kidney transplantation program, with Dr. James Lim at the helm. The hospital announced it got approval from the Centers for Medicare and Medicaid Services and United Network for Organ Sharing to restart its kidney transplantation division, effective May 16.
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Fierce competition for angel funding

Early-stage ventures seeking capital gathered at the Venture Association of New Jersey entrepreneurship expo today in Hanover amid a climate for raising money that is flush with both competition and opportunity.
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BG plans 700 million offering

BG Foods Inc. , of Parsippany, announced today its intention to offer, subject to market and other conditions, 700 million aggregate principal amount of senior notes, due 2021.
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Actavis acquiring Warner Chilcott in all-stock deal

Parsippany-based Actavis Inc. announced today it will acquire Warner Chilcott PLC in a 5 billion stock swap that’s expected to create a specialty pharmaceuticals company with about 11 million in annual revenue.
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Horizon unit earns commendable accreditation

Horizon NJ Health, which provides Medicaid and NJFamilyCare services under contracts with the state of New Jersey, has been awarded commendable accreditation status from the National Committee for Quality Assurance.
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