Monday, January 27, 2020

Fast Lane

News from the business community

American Cyanamid Site Sold for $40 Million

The 558-acre former American Cyanamid tract has a new owner. What that means for the future of the property is anyone’s guess.

Next for Bai Founder: Spiked Seltzer

Alcohol may be a neurotoxin, but a local company is putting a healthy spin on alcoholic beverages by launching Crook & Marker, a spiked soda brand.

Deaths

John F. Stevens, 60, died on November 22.

Dehne Takes the Reins at Dodge Foundation

For Tanuja Dehne, who on September 9 became the fourth president and CEO of the Geraldine R. Dodge Foundation, giving back to her community has been a defining theme in her life.

Deaths

Recent deaths include Clive Klatzkin and Richard A. Carr.

On the Move: Manufacturers, CMA, and More

Contract manufacturer CMIC CMO USA is leasing a 233,000-square-foot building in Cranbury; Patricia Gray joins CMA; and firms are recognized for hiring veterans.

On the Move: New Lease at BMS Campus, Healthcare Partnership, and More

A subsidiary of Croda International, a British specialty chemical company, is moving its headquarters to 70,000 square feet of office space at the former Bristol-Myers Squibb complex in Hopewell.

Get Ready for Months of Traffic Hell

Alexander Road is closing for nearly six months, and officials are predicting traffic tie-ups for the Princeton area.

On the Move: 20 Nassau Street, TerraCycle, Deaths

An iconic office building at the corner of Nassau and Chambers streets has been sold to a hotel developer.

On the Move: Innophos, NJ Transit, and More

Innophos, a Cranbury-based company that manufactures ingredients for everything from cupcakes to concrete, has been acquired by a private equity firm for nearly $1 billion.

Trending Stories

Let’s Try . . . Elite Five Sushi & Grill

Tony Yu has opened Elite Five Sushi & Grill in an L-shaped space adjacent to the former Two Sevens restaurant.

The Fall of Icarus