JFK Communications, 5 Independence Way, Suite 300, Princeton 08540; 609-514-5117; fax, 609-452-8464. John F. Kouten, principal. www.jfkhealth.com.
JFK, a boutique healthcare PR agency, has won new accounts from Taiho Pharma USA, Addex Pharmaceuticals, and MDS Pharma Services.
JFK will provide communications related to Japan-based Taiho’s lead compound in its emerging oncology portfolio. Addex discovers and develops allosteric modulators, which work by binding an effector molecule at the protein’s allosteric site, that is, a site other than the protein’s active site.
JFK will help Addex with media relations and medical meeting support around this technology, and will provide MDS, a biotech, with support for its clinical research communications and medical meeting communications.
Nexus Properties Inc., 1 Brunswick Circle, Lawrenceville 08648; 609-396-6800; fax, 609-989-8492. Andrea L. Sussman, executive VP. www.nexusproperties.com.
Solar-electric systems maker SunPower Corp. is teaming with Nexus Properties Inc. to build a 1.2-megawatt system for Certified Steel Company’s 330,000-square-foot facility on Whitehead Road in Hamilton.
The system is the largest ever financed through PSE&G’s loan program and is expected to be complete by July.
PSE&G’s two-year pilot solar loan program allows the utility to offer loans to companies that install PV panels at their facilities. The loans can finance up to 60 percent of the cost of installation. Under the agreement, Certified Steel will repay its loan with the renewable energy credits generated by the system.
This is the second green project announced by Nexus, the property manager for Certified Steel’s warehouse site. Nexus also has a 900 kilowatt system in the final design stages for its commuter parking facility at the Hamilton Train Station.
RMJM, 500 Alexander Park, CN 23, Princeton 08543-0023; 609-452-8888; fax, 609-452-8332. Sir Frasier Morrison, CEO. Home page: www.rmjm.com.
RMJM, the global architecture firm that has absorbed the Hillier firm in Princeton, recently unveiled the design for a campus to house advanced teaching facilities and incubation units to help turn students into entrepreneurs in Suzhou, China.
Suzhou Industrial Park Education Development Investment Co. Ltd. hired RMJM to design the Public Academy in the Du Shu Hu higher education district. RMJM has designed numerous campus projects for Princeton, Yale, Oxford, and Cambridge.
Suzhou, which has the second-highest GDP per capita of China’s 659 cities, behind nearby Shanghai, has experienced the fastest economic growth in the country over the past decade. In addition to being one of China’s most popular tourist destinations, Suzhou is famed for its focus on education and has produced some of the country’s most renowned scholars and business people. The province of Jiangsu, in which Suzhou is located, has the largest number of higher education institutions in the country with 105 universities and colleges and an annual enrollment of approximately 1 million students.
Public Academy is RMJM’s first full higher education campus in China and the first project to come out of RMJM’s Global Education Studio, which is based in Princeton and was launched last year. The 1.29 million square-foot campus provides education facilities for undergraduates and graduates, a professional development center and spaces for incubation research units that are able to support small-scale prototyping and manufacturing on site.
The campus is expected to be completed in 2012.
Scholastic Book Fairs, 2540 Route 130 North, Suite 105, Cranbury 08512; 800-822-3247; fax, 609-860-1348. www.scholastic.com.
Scholastic Book Fairs, the company that supplies children’s books for ubiquitous school book fairs, is moving from its space at Route 130 North. Matrix Development Group has announced a lease with Scholastic Book Fairs at Northeast Business Park in Washington Township. Scholastic will occupy 89,625 square feet of warehouse space and 6,175 square feet of office space at 14 Applegate Drive, a 241,662-square-foot industrial building within Northeast Business Park.
The facility will feature modern racking, conveyor systems, and state-of-the-art material handling equipment. Aside from fulfilling Scholastic’s warehousing and distribution needs, the space will also be used for periodic sales for school teachers, administrators, and purchasing agents.
The Northeast Business Park is located within a Foreign Trade Zone, providing duty-free status for items that are exported and deferring duty payment for items that are sold in the U.S. Other tenants in include W.W. Grainger, Lifetime Brands Inc., and Sleepy’s.
Norris McLaughlin & Marcus PA, 721 Route 206-206, Box 1018, Somerville 08876-1018; 908-722-0700; fax, 908-722-0755. John J. Eagan, managing partner. www.nmmlaw.com.
Norris McLaughlin & Marcus has merged with the law firm Tallman, Hudders & Sorrentino of Allentown, Pennsylvania, to form the largest independent business law firm in the region.
The combined firm of Norris, the largest firm in Somerset County, and Tallman, the largest commercial law firm in the Lehigh Valley, will have more than 150 attorneys in three regional offices in Bridgewater, New York, and Allentown.
Redpoint Bio Corporation (RPBC), 7 Graphics Drive, Ewing 08628; 609-637-9700; fax, 609-637-0126. F. Raymond Salemme, CEO. www.redpointbio.com.
Redpoint Bio will reduce its workforce by 11 employees or approximately 44 percent. As a result of the restructuring, Redpoint’s current capital resources should be sufficient to meet its operating and capital requirements through September of 2010, the company said in a press release.
“With the recent termination of our collaboration agreement with Givaudan, we have made the decision to reduce our workforce from 25 to 14 employees,” Raymond Salemme, CEO of Redpoint Bio, said in a prepared statement. “We plan to leverage our investments in the biology of taste modulation to focus on promising opportunities we have identified for treatments for diabetes and obesity. We remain dedicated to prudently managing our financial resources in addition to exploring strategic options for the company with our advisor, Burrill and Company.”
Redpoint is using its knowledge of the biology of taste and its relationship to metabolic processes, satiety, and diabetes to focus on both the development of healthier foods and, potentially, new approaches to the treatment of diabetes and obesity.
Warren H. “Sam” Simmons III, 51, on May 23. A former manager of the Alchemist & Barrister restaurant in Princeton and a former owner of the Rocky Hill Inn, he was involved in real estate. He also played drums in the band Shaxe, comprised of other Princeton area businessmen.