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What's New in Princeton & Central New Jersey?
Reprinted from May 14, 2008, issue of U.S. 1 Newspaper
Life in the Fast Lane

New in Town

PamTen Inc., 666 Plainsboro Road, Suite 1023, Plainsboro 08536; 732-419-2911; fax, 732-230-2756. Pardhiva Erramilli, manager, business development. www.pamten.com.

PamTen, a computer software development company, has opened its doors in Plainsboro. The IT firm has clients in the pharmaceutical, financial, telecom, insurance, and manufacturing industries.

Princeton Tax Advisory Group, 2279 Route 33, Suite 514, Hamilton Square 08690; 609-323-4030; fax, 609-323-4032. Brad D. Silver, president. www.princetontaxadvisorygroup.com

Princeton Tax Advisory Group, an affiliate of USA Tax & Insurance Inc., has opened an office in Hamilton. The firm specializes in estate planning, elder law services, pensions, 401k planning, and insurance.

Professional Service Solutions Inc., 134 Nassau Street, Princeton 08540; 609-566-0001. Mark Chin, manager. www.pssol.com.

Professional Service Solutions, a California-based consulting firm specializing in senior management services for the medical and pharmaceutical industries, has opened an eight-person office on Nassau Street.

The company also has offices in Emeryville and Irvine, California, and Alpharetta, Georgia.

Leaving Town

Yonkers Industries Inc., 116 Village Boulevard, Suite 200, Princeton 08540; 609-734-7400; fax, 866-381-9054. Molly Donaldson, regional manager. www.yonkersindustries.com.

Yonkers Industries, a North Carolina-based construction management firm, has left its offices Village Boulevard. A company spokeswoman said the firm has dropped operations in New Jersey.

Name Change

Capital One Bank, 4095 Route 1 South, South Brunswick Square, Monmouth Junction 08852; 732-329-3100; fax, 732-329-0899. Rick Dudas, manager. www.capitalonebank.com.

Capital One Financial Corporation acquired New York-headquartered North Fork Bancorp in March in a $14.6 billion deal. As a result, all North Fork Bank branches, including the ones at South Brunswick Square in Monmouth Junction and at 319 Route 130 North in East Windsor, are now Capital One Banks.

The acquisition is intended to give the credit card giant better footing in its move to become a major retail banking company. North Fork, which held $36.6 billion in deposits across 355 branches in the Northeast, was the third-largest bank in the region. The combined company now 50 million customers and 655 branches.

Developer Named

For Trenton Tract

J.G. Petrucci Co. of Asbury Park has been chosen by the City of Trenton as redeveloper for a seven-acre industrial tract along this city’s northeastern border with Lawrence Township. Known as the Enterprise Avenue Redevelopment Area, the site consists of former industrial facilities once operated by Carter Wallace and Federated Metals.

J.P. Petrucci plans to put up two 54,000-square-foot light industrial buildings designed for from two to four tenants. A public greenway is also part of the plan, which calls for a variety of green and sustainable design elements.

The site comes with a number of incentives, including low-interest state loans and grants, sales and use tax exemptions, and tax credits tied to job creation.

The former structures at Carter Wallace have been demolished, permits for work have been obtained, and environmental investigation work has been conducted.

Trenton plans to construct and maintain a greenway along Assunpink Creek, which will serve as a buffer between recreational space and the light industrial activities.

Deaths

Nancy “Ann” McLean Heckel, 59. She was the founder of Ann Heckel and Co., a medical publishing and meeting planning company on Wall Street in Montgomery. She was also a sculptor, photographer, and mixed media artist.

Lloyd E. Willis Jr., 67, on May 10. A resident of the Island section of Trenton, he was a real estate agent with Weichert’s Princeton Junction office.

Erik I. Rockstrom, on May 5. Along with a Princeton University professor, he created charged injection technology for fuel cells, and later launched a food dying company.

Elizabeth “Libby” Davis Shanefield, 69, on May 2. She trained ESOL teachers at the Princeton-in-Asia program.

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