On the Move

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#b#Crosstown Moves#/b#

Mark H. Jaffe, Attorney , 245 Nassau Street, Second Floor, Princeton 08540; 609-683-7575; fax, 609-683-0906. Mark Jaffe, principal.

Attorney Mark Jaffe has moved his office from 195 to 245 Nassau Street, on the second floor. Jaffe says he neede more office space. The general practice law firm specializes in municipal, family, real estate and juvenile matters.

Randstad North America , 1246 South River Road, Cranburyn 08512; 609-716-4921; fax, 609-275-1523. Eric Magnuson, branch manager. www.us.randstad.com.

Employment agency Randstad North America has moved from Forrestal Village to River Road in Cranbury. Assistant manager Patrick Burke said the move was meant to bring the company closer to the warehouses it staffs.

#b#Expansions#/b#

NRG Energy Inc. (NRG), 211 Carnegie Center, Princeton 08540-6213; 609-524-4500; fax, 609-524-4501. David Crane, president and CEO. www.nrgenergy.com.

NRG Energy, a Carnegie Center-based renewable energy company, has purchased a natural gas power plant in Texas. The Gregory cogeneration plant in Corpus Christi is connected to an aluminium plant and providessteam and procesed water for the plant in addition to generating electrcity.

NRG is paying approximately $244 million in cash for the power station. “The configuration of the Gregory plant being both cogeneration and combined cycle presents us with tremendous cost-effective capability and flexibility going into a summer where demand is expected to be high and reserves low,” said John Ragan, president of NRG’s Gulf Coast region.The Gregory cogeneration plant, which came online in 2000, provides steam, processed water and a small percentage of its electrical generation to the Corpus Christi Sherwin Alumina plant. The majority of the baseload generation is available for sale in on the energy market, where the company currently serves significant retail load.

#b#Leaving Town#/b#

Princeton Gamma-Tech Instruments Inc. (PSGY.ob), 303C College Road East, Princeton www.pgt.com.

Princeton Gamma-Tech, a scientific instrument company on College Road East, has closed following a merger with Thermo Fisher Scientific.

Thermo Fisher, headquartered in Waltham, Mass., bought the company for $13 million last year. Princeton Gamma-Tech was a developer and manufacturer of detector products, including x-ray and gamma-ray detectors, spectroscopy systems, and radioisotope identifier products.

This year, Fisher discontinued some of the products formerly made by Princeton Gamma-Tech, including X-Ray and Nuclear products. Some of the staff were given jobs at a Fisher plant in Ohio. For Service and Support, Thermo Fisher Scientific entered into an agreement with Berkeley Nucleonics Corporation to provide warranty and non-warranty support for X-Ray and Nuclear products. BNC has taken over the former PGT office.

CE – US1

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