Area Colleges Receive Additional CARES Funding

Governor Phil Murphy announced on August 14 that $150 million of CARES Act funding received by the state would be allocated to New Jersey’s two- and four-year colleges, including several in the U.S. 1 area.

Rutgers University in New Brunswick, which received by far the largest sum of money, will get $29,142,450. Other public universities to receive funding are The College of New Jersey in Ewing with $4,298,429 and Thomas Edison State University in Trenton with $7,679,703.

Among two-year colleges, Mercer County Community College received $1,144,478.

Private colleges also received funding. Rider University will get $81,638. Princeton University was eligible to receive funding but asked that its disbursement be allocated to institutions with greater need.

“The COVID-19 pandemic has impacted countless communities throughout the state, and the higher education community is no exception,” Murphy said in the funding announcement. “Today’s announcement will provide necessary funds to assist our students and institutions as they manage economic hardships for the upcoming school year. I thank our Congressional delegation for their unwavering commitment to secure these funds, and will continue to fight alongside them for further assistance in order to alleviate the challenges of this ongoing crisis.”

TRAC CEO to Depart

TRAC Intermodal, a College Road East-based company that provides marine and specialty chassis, has announced that CEO Jennifer Polli will leave the company September 1.

Polli joined TRAC in 2012 and became president and CEO in 2018. Earlier this year she guided the sale of TRAC to Stonepeak Equity Partners, a private equity firm in New York.

Taking Polli’s place will be Daniel Walsh, who most recently served as the president of the last-mile business at XPO Logistics. Prior to that he was president of IFCO Systems.

TRAC Intermodal, 750 College Road East, Princeton 08540. 877-987-2226. Jennifer Polli, CEO. www.tracintermodal.com.

Deaths

Klaus Georg Florey, 101, on August 4. The biochemist and pharmaceutical scientist worked for 30 years at Bristol-Myers Squibb, where he was head of analytical research and development. He also created the annual book series “Analytical Profiles of Drug Substances,” of which he served as editor for 22 years. An expert advisor to the World Health Organization, he received numerous awards for his work and was elected as a fellow of the American Association for the Advancement of Science.

Susan C. McCabe, 83, on August 3. She was a co-founder of SAVE – A Friend to Homeless Animals and served as its president for 20 years. She also worked as manager of Talbots on Nassau Street for 30 years and served on the board of the Hun School.

Arthur H. Spangenberg, 76, on August 11. The Vietnam War Veteran worked at the state Department of Education for 25 years and also served as an adjunct professor at Rutgers and Rider University, where he taught courses on education.

Edith Guadagno, 90, on August 10. She worked for Arctic Ice Cream in Ewing for many years.

Elaine L. Hearney, 89, on August 9. With her husband, she ran Lynwood Photo in Trenton. She also worked as a health record analyst at St. Francis Hospital in Trenton and as an insurance underwriter for New Jersey Manufacturers.

John Huntman Sr., 81, on August 14. He worked for Circle F Industries in Trenton and retired from the City of Trenton Housing Authority.

Margaret P. Sheahan, 84, on August 14. She co-managed the Sharon Arms Apartments in Robbinsville for 42 years.

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