Salem, New Jersey -- Public Service Enterprise Group (PSEG) today hosted its annual Supplier Diversity Procurement Fair at the PSEG Energy & Environmental Resource Center (EERC) in Salem, connecting New Jersey's diverse business community with the state's largest utilities. The event provides attendees the opportunity to network with prospective clients looking for specific products and services.

“Hosting an annual Supplier Diversity Procurement Fair like this reinforces our commitment to the South Jersey community,” said PSEG Nuclear President and Chief Nuclear Officer Pete Sena. “Last year, PSEG spent nearly $1.9 billion with New Jersey-based suppliers including $171 million with those based in South Jersey and we’d like to do more.”

PSEG's Supplier Diversity Program achieved record results in 2016 with $472 million, or 17 percent, of PSEG's total supplier spend directed at minority-, women- and veteran-owned businesses, according to PSEG Services Corporation President Derek DiRisio.

"Our spending with diverse suppliers in 2016 was almost $200 million more than we spent just two years earlier," DiRisio said. "Our partnerships with diverse suppliers are critical to our company’s competitiveness, our quality and, ultimately, our success. Supplier diversity has been a part of the PSEG culture for more than 25 years, and we’re proud that we’ve been able to do more with this business community than ever before – and that is reflected in our numbers."

“Events like this are important to New Jersey businesses especially those in South Jersey. PSEG has significantly and continuously contributed to the State’s economy. This event is able to showcase a portion of PSEG’s investments and opportunities,” said New Jersey Senate President Stephen M. Sweeney who attended today’s event. By working together, we are able to create new business opportunities that strengthen our economy and create jobs for local residents.”

Participation from large companies such as AT&T, Atlantic Subsea, New Jersey Resources and South Jersey Industries, allows attendees to make new connections and strengthen their business. The event was co-sponsored by PSEG's partner, the Eastern Minority Supplier Development Council (EMSDC). The EMSDC is an advocacy organization committed to assisting small minority-, women- and veteran-owned businesses in developing relationships with companies throughout the region.

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