Corrections or additions?
This article by Barbara Fox was prepared for the February 12, 2003 edition of U.S. 1 Newspaper. All rights reserved.
Expansions
201, Princeton Forrestal Village, Princeton 08540. Nigel Gardner,
COO and CFO. 609-524-4030; fax, 609-524-4031. Home page: www.aereonsolutions.com
This company works on wireless devices and optimizing service processes
and has expanded from four to 10 people. It is concentrating on the
HVAC (heating, ventilation, and air conditioning) market, mobile application
productivity solutions for technicians and engineers on the road.
"Given market conditions," says Arshad Massood, company founder,
"we are confident that 2003 or 2004 will be very profitable."
Trenton 08638. Kassahun Checole, publisher/president. 609-695-3200;
fax, 609-695-6466. Home page: www.africanworld.com
A publisher of books specializing in African and African American
issues has expanded with a move from 3,500 feet at Princess Road to
6,000 feet at West Ingham Avenue in Trenton. "We divided our publishing
space from our distribution, says Kassahun Checole, president,"so
we have more space for publishing." The distribution warehouse moved
to Alianza, 5514 Emily Road, Levittown PA 19057. The editorial department
employs 12 people who publish 120 new books annually, sold by catalog
and at 32 exhibitions around the world.
A native of Eritrea, he immigrated to the United States in 1971 and
earned his bachelor’s degree from State University of New York at
Binghamton. The 55-year-old had been teaching sociology and African
studies at Rutgers when he decided to open the business (U.S. 1, May
24, 1994).
08619. Maria Valente, president. 609-689-9919; fax, 609-689-9929.
Home page: www.amtechsvc.com
Maria Valente expanded her business from Manhattan with a move to
Nottingham way. She has a total of 10 employees who do networking,
service, and computer repair.
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Buy Outs
Princeton 08540. A. Theodore Merritt, president. 609-497-1205; fax,
609-921-7864. Home page: www.bollingerprinceton.com
The Alfred H. Merritt Agency has been purchased by Bollinger Inc.
and is now known a division of Bollinger. Last fall it moved from
5 Washington Street in Rocky Hill to 437 Wall Street in Research Park.
Now there are three Bollinger agencies in Research Park, including
Barbara Spalding’s group at 437 Wall Street (888-452-2200; fax, 609-497-1274, www.BollingerPrinceton.com)
and Princeton Risk Managers Inc., at 435 Wall Street (609-924-9222;
fax, 609-924-8155). At the latter, H. James Griffith brokers commercial
and automobile insurance and is a Lloyds of London correspondent.
Research Center, Lawrenceville 08648. Robert S. Hillas, CEO. 609-936-9300;
fax, 609-936-9221. Home page: www.envirogen.com
Shaw Environmental & Infrastructure Inc. is expected to pay $3.6
million for Envirogen, a biotech that does toxic and hazardous waste
cleanup, bioremediation research, and on-site removal of organic contaminants.
The 60-person Quakerbridge Road headquarters is expected to stay open,
and the company has an additional 70 workers in Illinois, Wisconsin,
and Michigan.
Robert S. Hillas, the CEO, had been a partner in the venture capital
firm of DSV Management and had also worked at Warburg, Pincus as an
analyst of environmental technology. Shaw Environmental and Infrastructure
also has offices at 200 Horizon Center Drive.
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Crosstown Moves
C 4, Lambertville 08530. Dan Engongoro, owner. 609-773-0404; fax,
609-773-0458. E-mail: dan@studioeimaging.com Home page: www.studioeimaging.com
Dan Engongoro moved his commercial photography studio from Research
Park and also changed the name from Studio E Photography. He had been
QLM’s photographer and photo manager until he set up a joint venture
with QLM to take outside contracts.
Working in large formats (4 x 5 and 8 x 10), he does still lifes,
products, food, and people, and specialize in lightpainting —
using fiber optics to paint the set with light. "I live in Titusville
and there is more of an art community in Lambertville, versus being
in a business park," he says. "I have national accounts and
the clients don’t need to come to shoots because I can E-mail a Jpeg
for approvals or upload the shoot to an FTP site, then send a CD-ROM."
Way, Hamilton 08619. 609-586-2100; fax, 609-586-7245.
Cheryl Beal moved her law office last year from Pennington to Nottingham
Way. She went Amherst College, Class of 1983, Rutgers Newark law school,
and focuses on real estate, matrimonial, and wills and estates.
Princeton 08540. Jan Leschly, chairman/CEO. 609-683-8300; fax, 609-683-5787.
Home page: www.carecapital.com
The life-sciences venture capital firm moved from 100 Overlook to
downtown Princeton at the end of November. Phone and fax are new.
Plaza, Suite 105, Cranbury 08512. Thomas Richman, manager. 609-409-1300;
fax, 609-655-2887. Home page: www.cbplans.com
The three-person benefit planning company moved from 8 South River
Road last fall. It offers benefit plans for small to medium-sized
firms.
Hamilton Square 08690. Karpal S. Grewal, president & general manager.
609-588-5557; fax, 609-588-5614.
Last month Karpal Grewal moved his administrative office from 2117
Route 33 to an office two buildings down. The company owns gas stations.
Princeton 08520. Mark I. Massad, senior partner. 609-924-7200; fax,
609-924-7250. Home page: www.thehermesgroup.com
The accounting firm, the Hermes Group, has moved from 17 Hulfish,
Suite 280, to 1 Palmer Square. Founded in 1985, the firm was formerly
known as Kelly Massad.
of New Jersey, Box 7718, Ewing 08628-0718. Holly Houston, executive
director. 609-771-2921; fax, 609-637-5130. Home page: www.relearning.org
The educational consulting firm moved from an office in Pennington
to a suite at the College of New Jersey. It offers conferences, in-service
workshops, and national seminars.
08542. William A. Slover, president. 609-924-2100; fax, 609-497-4597.
Last year the title company moved from 82 Nassau to 217 Nassau, but
it did not change phone or fax.
33, Golden Crest Corporate Center, Suite 409, Trenton 08619. Stephen
R. Thomas, president. 609-588-9166; fax, 609-588-9163.
After four years at 1 Nami Lane, this four-person actuarial office
moved to Golden Crest Corporate Center. Founded in 1997, it offers
consulting for pension plans.
Floor, Princeton 08540. 609-921-1800; fax, 609-921-8484.
When his lease at 211 Nassau Street expired last month, Ron Berlin
moved his general architecture practice to the second floor of 360
Nassau Street.
08534. Ken Brink, general manager. 800-287-2164; fax, 609-737-1494.
The heating and cooling systems company moved to 1589 Reed Road. Corporate
offices are in Sunrise, Florida.
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Downsizing
Pennington 08534. Peter B. Eaton, president. 609-737-8385; fax, 609-737-0654.
Peter B. Eaton, a member of the investment firm C.P Eaton & Associates,
has closed his office, and is now conducting business from his home,
says a spokesperson for the firm, which has its headquarters in Rowayton,
Connecticut.
C.P. Eaton & Associates, founded in 1983, identifies and represents
investment firms. Over the past 10 years, the firm has launched into
the institutional marketplace seven emerging investment management
firms, representing seven different asset classes — both traditional
and alternative. In the aggregate, these firms manage some $50 billion.
According to its website (www.cpeaton.com), the firm, in 1989, became
the first placement agent to successfully introduce a hedge fund to
the marketplace.
His biography on the website states that Peter B. Eaton, a decorated
Vietnam veteran and Wharton M.B.A., joined his brother, Charles P.
Eaton, in the firm in 1996. Prior to that time, he was a partner in
Hunter, Keith, Marshall & Eaton, and the founder of P.B. Eaton & Associates,
firms that specialized in the placement of private debt, sale-leaseback
investments, real estate syndication, and equipment leases.
Lawrenceville 08648. Bob Reidy, branch manager. 609-844-7900; fax,
609-844-7950. Home page: www.ms.com
The Nassau Street office of the Morgan Stanley brokerage house has
closed, and calls are being taken by the Franklin Corner Road office,
where Bob Reidy is now the branch manager.
Suite 206, Princeton 08540. Carol Argenti, owner. 609-799-8989; fax,
609-799-6266.
The travel agency moved from Ellsworth’s Center to Carnegie Executive
Center but did not change phone or fax. It offers corporate and leisure
travel, with an emphasis on meeting planning, incentive travel, and
business travelers.
Thomas D’Innocenzi, president, CEO. 609-613-9773. E-mail: info@spanlogix.com
Home page: www.spanlogix.com
The multimedia design company has moved from shared space with Regus
at 100 Overlook and has a new mailing address. It offers digital content
conversion and outsourcing — web design, CD-Rom presentations,
flash animations, print media, PDA content, and it has an offshore
workforce.
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Leaving Town
Products), 1263 River Avenue, Route 9, Lakewood 08701. 732-905-9080;
fax, 732-905-8003. Home page: www.rexel.com
Princeton’s wholesale electrical supply shop, known as Rexel STP,
closed at 811 State Road because of sky high rent, says Bob Ludwig,
a branch manager.
"Our lease expired and the landlord wanted Quakerbridge mall rates.
We can’t mark up 300 percent and then have a 50 percent sale —
we serve electricians, architects, engineers, and homeowners on a
wholesale basis," says Ludwig. "What makes us different from
Home Depot — you have a problem and your electrician would come
to us with the drawings and we would sell him the supplies. The people
in the Princeton area were reaping the rewards of getting our pricing."
The $26 billion company has its headquarters in Paris and its U.S.
headquarters in Dallas. "With all the mergers, soon there will
be only seven or eight big players," says Ludwig. He notes that
the company did not leave the area permanently. It is working with
Schultz Realty to find a new location, probably near Quakerbridge
Road, for a summer move-in. Meanwhile it will deliver to its Princeton
clients.
4 Princess Road, Building 200, Suite 213, Lawrenceville 08648. 609-895-8900;
fax, 609-895-8910.
A data processing customer support center on Princess Road has closed.
Owned by a Brookfield, Wisconsin-based firm, it was formerly a division
of NCR Corporation.
Suite 206, Princeton 08540. 609-514-2626; fax, 609-951-0386.
The residential relocation services offices of GMAC has moved from
the Carnegie Center to Warren, and calls are being taken by 908-542-5400.
Lee. 609-799-7599 or 877-988-9388. Paul Shiels, CEO. Home page:
InterCure has moved from its offices at 214 Carnegie Center to Fort
Lee, but the former phone number still works. Erez Gavish, the company’s
founder and CEO, says the move was made because Fort Lee is closer
to his home in Manhattan, and also closer to the homes of a number
of his employees. Another reason for the relocation, he says, is that
"there are great deals" in office rents right now. "There’s
lots of empty space."
Intercure, with 10 employees in the United States and the same number
in Israel, develops and markets interactive, device-guided breathing
therapies, designed, among other things, to lower blood pressure.
Gavish, just back from Korea, where he signed deals with pharmaceutical
companies on behalf of InterCure, says his business is growing and
a new website (www.intercure.com) is to up and running within a week.
1 South, Lawrence Commons Suite 215, Lawrenceville 08648. Home
page: www.vexcorp.com
The Lawrence Commons office of Vexcorp has closed and has no telephone
listing. It was set up to provide digital video teleconferencing and
recruiting for medical, legal, and technical professionals.
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Name Changes
08540. Roman and Igor Barsky, principals. 609-924-7111; fax, 609-924-7199.
The Barsky brothers changed the name of their company from DRES Builders
LLC to better reflect their business — building single family
homes in Mercer County.
Box 5818, Trenton 08638. 609-890-8383; fax, 609-584-7300.
Calls for Financial Outsourcing Services are now being taken by Alliance
One. Financial Outsourcing Services had been doing outsourcing for
East Coast Credit. Alliance One has the same phone, fax, and address
as the previous company.
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Deaths
of Stuart Duncan, drama reviewer for the Packet, and Nell "Petie"
Duncan, of N.T. Callaway Real Estate. A memorial service will be Saturday,
February 15, at 11 a.m. at Trinity Church, 33 Mercer Street.
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