Business View Magazine | September 2019

267 BUSINESS VIEW MAGAZINE SEPTEMBER 2019 AT A GLANCE LACEY TOWNSHIP, NEW JERSEY WHAT: A community of approximately 29,000 WHERE: Near Barnegat Bay in Ocean County WEBSITE: L acey Township is a bay front community in Ocean County, New Jersey, first incorporated in 1871, and named after Revolutionary War Brigadier General, John Lacey. The township covers 84.6 square miles of land area, with 66 percent of that land in the Pinelands National Preserve. It also encompasses 15 square miles of water, much of which is Barnegat Bay, as the Township boundary crosses the Bay to the shoreline of Island Beach State Park. Lacey Township is a bedroom community of approximately 29,000, with most working adults commuting north to New York City, or west to Philadelphia, via bus, rail, or highway. Since 1969, Lacey has also been home to the Oyster Creek Nuclear Generating Station, the nation’s oldest operating nuclear power plant, located in the southern part of the township. Owned by the Exelon Corporation, at its peak, the plant produced nine percent of the state’s electricity. While it was licensed to operate until 2029, Oyster Creek was closed in September 2018, and its operating license was transferred to Holtec International, a manufacturer of storage casks used for spent nuclear fuel, which has recently begun an eight-year, $1.4 billion decommissioning process. LACEY TOWNSHIP, New Jersey THE BEST OF BOTH WORLDS