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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

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Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. ” Sitt continues, Our airports are often the first and last impressions visitors have of our City and country, and every bad first impression has a direct impact on economic activity. .”

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Industry Focus: Aerospace Sector Is Flying High Again

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A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7

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The Drone Age

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The winners are: the University of Alaska; the state of Nevada; Griffiss International Airport in Rome, NY; North Dakota Department of Commerce; Texas A&M University (Corpus Christi); and a collaboration between Virginia Tech and NJ’s Rutgers University. The post The Drone Age appeared first on Business Facilities.

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Send in the Drones

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Sinclair Community College in OH has FAA approval for restricted flying of small UAVs at the Springfield-Beckley Municipal Airport. The Ohio Army National Guard received approval this year as well to train at the Springfield airport with a hand-launched UAV dubbed Raven. Far West U.S. Great Lakes U.S. - Mid Atlantic U.S. - Plains U.S.

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COVER STORY: Editors’ Location Picks

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The TV ads, which aired for six months in the NY/NJ/CT and Boston markets and on JetBlue’s in-flight TV, conclude with Huizenga’s memorable tag line: “Hey, it’s not what you make, it’s what you keep.” Runway 9R-27L, located on the south side of the airport and running parallel to Griffin Road, is now being rehabilitated and lengthened.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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Its aluminum will supply the automotive, aerospace and defense industries. Its infrastructure includes 20 interstates and major highways, rail networks, barge traffic on the Ohio and Mississippi rivers, six commercial airports and dozens of regional airports. BIOGENESIS PICKS PATERSON, NJ. And there’s a momentum effect.

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Feature Story: 2016 Economic Development Awards

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million investment in Edison VIII, an offering of the VC firm Edison Partners, founded in 1986 and currently based in Princeton, NJ. NJEDA says that by investing more than $40 million in venture capital funds it has been able to leverage its investment in NJ businesses to more than 62 times that amount—about $2.5 Andrew Cuomo.

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