#b#Crosstown Moves#/b#

Virani, 50 Millstone Road, Building 400, Suite 130, East Windsor 08520; 609-336-7079; fax, 609-945-5339. Purvi Virani, president. http://viraniconsulting.com

Virani, an IT management firm catering to the insurance and reinsurance markets, has moved from Vaughn Drive to Millstone Road.

#b#New in Town#/b#

Voice Company Networks, 15 Roszel Road, Suite 106, 08540-6248; 609-720-9446; fax. David Hetgen, president and CFO.

Voice Company Networks, which provides customizable broadband services for phone and Internet, has opened an office on Roszel Road. The company was founded in 2002 by David Hetgen, a graduate of Rider and Fordham universities.

Clairvoyant TechnoSolutions, 600 Alexander Road, Suite 202, Princeton 08540; 609-919-1545; fax. Sundar Seth, founder and CEO.

Clairvoyant TechnoSolutions, an IT development firm, has opened a regional office at 600 Alexander Road. Headquartered in Wilmington, Delaware, the company also has locations in Singapore, India, and Australia.

Techno Consult, 5 Independence Way, Suite 150, Princeton 08540; 609-720-1200; fax, 609-720-1210. Khalid Mallick, president. www.techno-eng.com

Techno Consult, a New York City-based engineering and construction management firm, has opened an office at 5 Independence Way.

The company was founded in 1998 by Khalid Mallick, who holds a master’s in construction management from NJIT. Prior to founding Techno Consult, Mallick worked for 20 years with such companies as Terminal Construction Corporation, IT Corporation (now Shaw Environmental), and Bovis Lend Lease.

#b#Stock News#/b#

The Bank of Princeton, 183 Bayard Lane, Princeton 08542-3719; 609-921-1700; fax, 609-921-8350. Andrew Chon, chairman. www.thebankofprinceton.com

The Bank of Princeton recently raised $8.5 million through a stock offering of 620,000 shares. The bank plans to use capital raised in the offering to support its growth and for general corporate purposes.

According to Barbara Cromwell, Bank of Princeton’s director of marketing, the bank’s location at 194 Nassau Street is expected to open by the end of the year.

#b#Pharma Expansion#/b#

Allergan Inc., an eye care, neurosciences, medical aesthetics, medical dermatology, obesity intervention, and urologics R&D firm that once had a facility in East Brunswick, plans to open a new research and development facility in New Jersey that will, according to Governor Chris Christie’s office, create several hundred new jobs over the next three to five years and inject $12 million of private investment into the state’s economy.

On Wednesday, November 9, the New Jersey Economic Development Authority is scheduled to vote on a Business Employment Incentive Program grant worth up to $17 million over 10 years to encourage the expansion.

There is no official word on where the new facility will be located, but Allergan reportedly is considering Florham Park and Parsippany. The company employs 20 people at a subsidiary in Bedminster, but expansion is not likely to happen there.

#b#Acquisitions#/b#

Innophos Inc. (IPHS), 259 Prospect Plains Road, Building G, Box 8000, Cranbury 08512-8000; 609-495-2495; fax, 609-860-0138. Randy Gress, CEO. www.innophos.com

Innophos, producers of chemical grade phosphates for pharmaceutical and food manufacturers, has acquired Kelatron Corp., a Utah-based supplier of specialty minerals and custom blends to the nutrition and dietary supplement market, for $21 million. According to Innophos, the deal adds Kelatron’s micronutrient ingredients to Innophos’ macronutrients — calcium, magnesium, potassium, and phosphorus. Said Randy Gress, Innophos’ chairman and CEO: “Kelatron has a strong position in an attractive, growing, nutraceutical market.”

News of the acquisition comes two months after Innophos repurchased $50 million in common stock.

#b#Management Moves#/b#

Intense, 1200-A Airport Road, North Brunswick 08902; 732-249-2228; fax, 732-249-8139. Kevin Laughlin, CEO. www.intenseco.com

Intense, a Scotland-based manufacturer of semiconductor lasers for medical, military, and commercial applications, has named Kevin Laughlin its new chief executive officer.

A 26-year veteran of the industry, Laughlin, above, has been Intense’s chief commercial officer and was the company’s first American employee in 2006. As chief commercial officer he helped consolidate the company’s Scotland and North Brunswick offices into a single U.S. site. The company provides global manufacturing, sales, and service for a wide range of laser diode components, electro-optical sub-modules, and fully integrated turnkey laser systems.

Laughlin began as its vice president of sales. In 2007, when Intense acquired High Power Devices, Laughlin became the vice president of global sales and business development for the U.K. and U.S. units. Prior to Intense he worked at Nuvonyx in St. Louis, at PRC Laser in Landing (NJ), and Strippit/LVD in Buffalo.

#b#Leaving Town#/b#

JCM Services LLC, 3535 Quakerbridge Road, Mercerville.

JCM Services, which provides general contracting, demo and removal, home improvement, and handyman services, appears to have left its location on Quakerbridge Road in Hamilton. The company’s phone number no longer connects and there is no forwarding information.

Euro O&P LLC, 4454 Route 27, Kingston. Bodi Mihov, orthotist, prosthetist.

Euro O&P, a maker of custom-made orthotics and prosthetics, appears to have left its office on Route 27. The company’s phone and fax numbers have been disconnected and there is no forwarding information.

The firm is headed by Bodi Mihov, who was trained as a mechanical engineer in Bulgaria. Mihov was introduced to the prosthesis concept when his son was born with a club foot, historically treated by putting casts on the foot every two weeks until it is corrected. He and his family came to the United States in 1991, and he worked in the prosthesis industry for Boston Brace, Nouvelle, and Swiss Orthopedic.

#b#Deaths#/b#

Tracey Francis, 51, on November 4. She was an account manager with Savoy Associates Insurance in Hamilton.

Vincent Scavo, 60, on November 2. He owned and operated Original Dominick’s Pizza in Hamilton and Hopewell.

John Lanzetta, 85, on November 6. He was a self-employed landscaper, working in the Princeton area for 50 years.

Louis Rotondo, 65, on November 5. He was a co-developer of Victoria Apartments in Hamilton.

Thomas Gillespie, 83, on November 5. He was president emeritus of Princeton Theological Seminary.

Facebook Comments