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Published in U.S. 1 Newspaper on April 19, 2000. All rights
The new owners of Allelix Neuroscience Inc. closed the
facility on Cedar Brook Drive in Cranbury on Friday, April 14.
will continue in Salt Lake City, Utah, where the new owner (MPS
is based, and in Toronto, where the previous owner is. The firm will
be known as MPS Allelix. All 23 employees including the researchers
have been terminated; half left in January. In this job market, most
of those who wanted jobs have found jobs.
A division of Allelix Biopharmaceuticals, the company is involved
with the research and development of neuroscience therapeutics —
drugs of the central nervous system. Its drugs sought to block the
removal of neurotransmitters from the brain. The company opened
its New Jersey office in South Plainfield in April 1994 (U.S. 1, May
Formerly known as Trophix Pharmaceuticals, Allelix was formed around
the work coming out of the laboratory of Ira Black, a scientist at
the University of Medicine and Dentistry of New Jersey. It hoped to
survive in the R&D marketplace without selling too many of the
treasures on the shelves.
William W. Crouse of Healthcare Ventures, based on Nassau Street,
was the early funder of the firm. When the IPO market for biotechs
began to dry up, HealthcareVentures sold it in 1997 to Allelix
a Toronto-based biopharmaceutical company.
The Cranbury-based laboratories specialize in therapies for the
nervous system and the brain. With Janssen Pharmaceutica it had been
developing products for schizophrenia and neuropathic pain — pain
that occurs when nerves are injured by cancer tumors, viral
or surgery. A third area of research: Trying to reduce abnormal
that cause muscle spasms in those suffering from spinal cord injury,
multiple sclerosis, stroke, or cerebral palsy.
Drive, Cedar Brook Corporate Center, Cranbury 8152. 609-860-6640;
fax, 609-860-7996. Home page: www.allelix.com.
Raytheon Co., which brought the regional headquarters
of its engineering and construction business to the Carnegie Center
with much fanfare three years ago, is selling that unit for more than
$800 million to Morrison Knudsen Corp. of Boise, Idaho. According
to Dennis Washington, CEO of Morrison Knudsen, the price amounts to
just 3.l7 times operating earnings.
Of the 14,000 workers employed by Raytheon Engineers & constructors
worldwide, 850 employees work at the Carnegie Center. Raytheon ranks
in the top 25 corporate employers in the Princeton area.
The Carnegie Center became the home of Raytheon’s regional
and its energy-related business group starting in June 1997, the same
month as the groundbreaking for Carnegie 510 (U.S. 1, January 8,
Though the projected number of jobs was 1,400, that many workers never
came and, in fact, a small number were laid off two years ago. Neither
company would comment on whether the Carnegie Center unit would be
moved or downsized.
The Wall Street Journal has been reporting that investors continually
urged Raytheon to sell this piece of the business. As the
military contractor in the United States, most of Raytheon’s annual
revenue (about $20 billion) comes from defense products such as its
well-known guided missiles (the Gulf War’s Patriot). Founded in 1922,
it went public in 1952.
Raytheon Engineers & Constructors International had about $2.6 billion
in revenues last year but took a first quarter loss. It has had
restraining costs on fixed-price contracts due to such problems as
labor strikes and bad weather.
It serves clients in a wide variety of industries, including power,
chemicals, steel, foods, pharmaceuticals, and infrastructure. It has
three business units: Raytheon Service Company (an internal
Cedarapids Inc. (which makes construction equipment for the road
industry), and Raytheon Engineers & Constructors Inc (which won the
contract for New Jersey Transit’s light rail system between Hoboken
and Bayonne). In addition to Princeton, other groups are located in
Houston, Chicago, Iowa, Alabama, and New York City.
With this purchase, which will double the company’s $2.25 billion
sales, Morrison Knudsen aims to lead the heavy construction industry
by leveraging Raytheon’s engineering skills with its own emphasis
on contract execution. For five of its outstanding contracts, Raytheon
promises to partially indemnify the buyer in the case of cost
according to the Wall Street Journal.
Center, Princeton 08540-5287. Robert W. Zaist, vice president.
fax, 609-720-2050. Home page: www.raytheon.com.
Nassau Broadcasting is growing: The 600 Alexander
radio network has announced intentions of an initial public offering.
And, whether that happens sooner or later in the wake of last week’s
market meltdown, is also partnering with a well known technology force
to improve its signals.
Lucent Digital Radio is going to test a new digital audio broadcasting
system with Nassau Broadcasting Partners, its first test of with a
commercial system. The radio network includes 17 FM and 15 AM stations
in New Jersey, New York, Pennsylvania, and Connecticut. These stations
bring in an estimated $60 million in revenue, putting Nassau in the
top 20 of U.S. radio companies by that measure.
Lucent Technologies’ wholly-owned venture will evaluate such issues
as interference, range of signal, and audio quality. Lucent’s In-Band
On-Channel Digital Audio Broadcast system is supposed to enhance
systems for AM radio and bring FM radio up to near CD quality.
Nassau airs three of its Princeton area stations from its headquarters
on Alexander Road. Last month it did a merger involving $185 million
in stock with Aurora Communications, which has nine stations in New
York and Connecticut. Also in March it bought two stations in
Such expansion has been possible only since 1996 when a federal law
nullified restrictions against one company owning multiple stations
in a region. Regional operators allow stations to consolidate and
Road, Box 1350, Princeton 08540. Louis F. Mercatanti Jr., CEO.
fax, 609-419-0143. Home page: www.nbplp.com.
Suite J, Princeton. Eugene J. Cafarelli, president.
The market research firm, which focused on product development, has
moved to Philadelphia. The new phone is 215-717-0370; fax
08558. John McCormick, manager. 609-921-8778. Home page:
The distributor of videos for business training has moved to offices
in Rosemont, Pennsylvania, along with Media Learning Resources. Mail
is being forwarded to 919 Conestoga Road, Building II, Suite 304,
Rosemont 19010 — 800-474-1604.
655, Plainsboro. William S. Letter, president. 609-936-9374. Home
Chiralizer has expanded and moved to 12 Penns Trail, Suite 131,
PA 18940, 215-497-9493; fax 215-497-9466. It does sales, training,
and consulting services for pharmaceutical laboratory instrument
Pike, Building 4-C, Lawrenceville 08648. Martha Moseley, portfolio
manager. 609-620-9500; fax, 609-620-9550.
This firm is closing its Princeton office. Headquartered in Florida,
it specializes in the purchase of tax liens.
For about $7.2 million including cash and notes Total
Research Corporation has bought Romtec PLC, a London-based Internet
research and marketing services company that specializes in the
technology and telecommunications markets. Total Research is a $41.5
million firm, as measured by annual revenues, and Romtec is a $6.6
"Romtec expands our Internet data collection and delivery system
in Europe and allows Total Research to offer clients seamless delivery
of research and marketing services between the two continents,"
says Albert Angrisani, president and CEO of Total Research. For
its new syndicated service, E-ComTrak, tracks on-line purchase
of multiple IT products in Europe. The purchase also facilitates Total
Research’s evolution from a research company to an integrated
services company, says Angrisani.
Princeton Corporate Center, CN 5305, Princeton 08543-5305. Albert
A. Angrisani, president and CEO. 609-520-9100; fax, 609-987-8839.
Home page: www.totalres.com.
Floor, Princeton 08540. Robert D. Hennessy, managing director.
fax, 609-243-0045. Home page: www.thehennessygroup.com.
This executive search firm is moving from shared space at 707
Road to its own office at 300 Alexander Park. The phone will be
It offers executive search and organizational design consulting
Princeton 08542. Roger Lichtman, president. 609-924-5665; fax,
After being at 20 Nassau Street, Roger S. Lichtman has expanded his
eight-person office to a new location at 205 Witherspoon Street.
his career he has worked on correctional facilities with a total of
100,000 beds and a construction value of nearly $5 billion. Among
his projects is the design of the first drug rehabilitation program
behind bars in New Jersey — the Bergen County Jail Drug Treatment
Unit. He has also worked for four other states and the city of
Industrial projects include a 1.6 million square foot distribution
facility and two other large distribution projects in New York state
Recently he spent two weeks in Saipan as part of a federal government
task force setting up a prison, juvenile facility, and immigration
facility for the Commonwealth of the Northern Mariana Islands.
In contrast to the restrictive environments he must design for jails,
Lichtman says his new office is a place "in which work can be
08824. Peter Daley, regional manager. 732-821-3000.
This affiliate of an Atlanta-based computer consulting firm has moved
from 83 Princeton Avenue in Hopewell to Route 27 in Kendall Park.
The phone is new. It is also affiliated with the Meta Group in
08540. Bathsheba J. Malsheen PhD, president and CEO. 609-514-4100;
fax, 609-514-4101. Home page: www.voxware.com/.
By acquiring a Seattle-based firm, Voxware has bought voice-based
hardware to use with a product offering Internet applications for
industrial clients. Voxware bought InRoad Inc. for $8.1 million.
is a provider of integrated voice-based solutions for distribution
and logistics operations.
08540. John Ellis, president. 609-924-5858; fax, 609-924-5812. Home
Janet Kaltenbach is the new general manager of the school and touring
choirs, effective the end of May. She had been the principal
at the State Theater and New Brunswick Cultural Center for 12 years
and raised more than $18 million in capital investment and endowment
and more than $10 million in annual operating support.
She was previously general manager for symphony orchestras in Michigan
and Ohio. The school is a professional choir and school for boys in
grades six through eight.
Boulevard, North Brunswick 08902. James R. Chambers, chairman and
CEO. 732-745-1000; fax, 732-745-0026. Home page:
As the fate of Peapod, one of Netgrocer’s chief competitors, is being
sold, and as newcomers to this field multiply, Netgrocer has received
an infusion of cash: $30 million for a 22.34 percent stake in the
company has been offered by an Italian food company, Parmalat.
is a $6 billion, 40,000-employee food company that was founded in1961.
Last year it bought three dairy farms in New Jersey and one in
Parmalat and Netgrocer plan to expand Netgrocer to other continents.
The deal is supposed to be finalized at the end of this month.
Anyone nationwide can buy non-perishable groceries, drugstore, and
household items at www.netgrocer.com and have them delivered via
Express. An early entrant into this business, www.peapod.com, has
had its potential investors draw back, supposedly because of the
problems of the founder.
book department at Princeton University Store. A memorial service
will be Saturday, April 29, at 10:30 a.m., in the University Chapel.
he was professor of politics at Princeton University and a consultant
to the federal government.
a subsidiary of Johnson & Johnson, and Executive Cartridge in
for Princeton BMW, Mercer County College, and American Home Products.
Road, Suite 100, Dayton 08810. David Kovacs, general manager.
fax, 609-860-9449. Home page: www.alphaprinceton.com.
The website of Alphagraphics, which provides one to four-color
and copying, digital printing, engineering copies, and fulfillment,
was listed incorrectly in the 2000 U.S. 1 Business Directory.
Princeton 08540. 609-452-8285; fax, 609-520-8747.
This car rental agency was not listed in the directory.
Pennington 08534. Kevin Brown. 609-737-2222; fax, 609-737-7621.
Computer Color Imaging, known as CCI, was erroneously listed with
the address, phone, and fax of a company no longer at that location.
CCI does prepress and printing, image retouching, and electronic page
Building 3, Box 300, Princeton 08543-0300. Mike Wishnick, training
manager. 609-520-5111; fax, 609-520-5479. Home page:
Errors were made in the listing for this computer training facility.
It is open to the public and available for on-site training.
Lawrenceville 08648. Jack and Susan Guarneri, partners.
fax, 609-637-0449. Home page: www.Resume-Magic.com.
The home page for this business was listed incorrectly. The company
does career counseling, job search strategies, Internet job search,
resume preparation, and human resource training and development.
Everett Drive, Suite A-10, West Windsor 08550. David Zervas,
609-275-8500; fax, 609-275-9608. Home page:
The web address was incorrectly listed for this company, which does
onsite chemical oxidation of soil and ground water contamination.
Princeton 08540. Nancy P. Morith, president. 609-452-1571; fax,
The wrong zip code was listed for this long-term care planning and
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