Quantcast
Home > Office of Economic Transformation > Advanced Manufacturing
  • Print
  • Send to email


Advanced Manufacturing 

Manufacturing is a driver of New Jersey's innovation economy and has been for over 200 years. From the machines that drove the industrial revolution to the world's first transistor, to advanced aerospace components and lifesaving medical devices, New Jersey manufactures the products that drive innovation and improve lives.

In 2018, the manufacturing sector employed more than 245,000 New Jerseyans and contributed ~$37 billion to our economy. It also contributed over $14 billion of the State's total wages. 

We consider most of the companies in this sector to be advanced manufacturers. Advanced manufacturing refers to a systems-based approach to maximizing efficiency and precision in manufacturing, using technology such as sensors, automation, and wireless communications. Basically, its not about what you are making; its about how you are making it. 

Advanced manufacturing companies are critical to the future of New Jersey's economy. They create high-value added, high-wage jobs that leverage New Jersey's unique assets to create innovative products. Thats why advanced manufacturing is one of the focus sectors identified in Governor Murphy's Economic Development Plan and why the NJEDA is investing in the initiatives necessary to support sector growth. 

See below for more information on New Jersey's Advanced Manufacturing Sector, the programs and resources NJEDA has for manufacturing firms, and exciting sector developments that are happening here. 



 
Why-NJ-Advanced-Manufacturing-(2).PNG

Pilot Programs:

NJEDA and partner organizations have developed three pilot programs to help address the key challenges facing the Advanced Manufacturing sector. 

Pilot-Programs.png


Products and Services 

Innovation Economy Programs 

We are committed to nurturing the development of new technologies and ensuring that the State continues to be a leader in innovation. That’s why we offer a full range of programs and services to fuel the continuing growth of core industries vital to the State’s economy. So, whether you are an early-stage company, a research and development firm, a manufacturer, a service provider or other established business, the NJEDA may have the financing, real estate development and technical assistance tools to meet your specialized needs.

Our efforts can provide businesses like yours with low-interest financing through our matching loan programs, tax incentives, real estate, and networking opportunities with the investment community.
Learn more about our all our Innovation Economy Programs 

Small and Mid Sized Businesses 

Supporting small to mid-sized businesses has always been one of our top priorities. The NJEDA has creative and versatile loan solutions available to small to mid-sized businesses. Contact us to determine if any of our programs are the right fit for your small to mid-sized business needs.
Learn More about all our Small & Mid Sized Business solutions 

 

Large Business & Development 

The NJEDA offers a full range of programs to help support large corporations that are creating or retaining jobs in New Jersey. Our incentives are attractive to existing large companies in the state, as well as those considering New Jersey as a future home.Low-interest financing through bonds, direct loans, loan participations/guarantees, and tax incentives rank among the key reasons for large corporations to conduct business in New Jersey. 
Learn More about all our Large Business & Development Solutions

Additional Resources 


Contact Us

doug-(1).jpg

Douglas Yorke

Sector Lead - Advanced Manufacturing 
dyorke@njeda.com
Office: 609-203-9891

 
Eric-Soloman.jpg

Eric Solomon 

Project Officer, Economic Transformation 
esolomon@njeda.com 
Office: 609-858-6740 

Advanced Manufacturing Policy Team Partners 

 
Advanced-Manufacturing-Policy-Team.PNG