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In 2011, PANYNJ restructured the lease of a major tenant, Port Newark Container Terminal (PNCT), whose owner had been subject of the Dubai Ports World controversy. The agreement calls for a 20-year extension of PNCT's existing lease through 2050, subject to PNCT's investment of $500 million and an expansion from 180 acres (73 ha) to about 287 ...
In 2005 Moxa sponsored an international essay contest to discover novel applications of wireless device servers. [3] By 2005 Moxa was a $30 million dollar company, by 2008 they were a $100 million dollar company. In response to competition the company has been forced to climb the technology value chain and focus on high end products. [4]