Integra to Stay in NJ
Integra Life Sciences is planning to move its headquarters from Enterprise Drive in Plainsboro to a Novo Nordisk-owned building at 1100 Campus Road in Plainsboro, a 166,891-square-foot facility. According to a report by CBRE, the lease was the largest transaction in the first quarter of 2018. The lease includes 8,000 square feet of research and development space. Integra plans to add 80 new employees as part of the move.
According to minutes from an NJEDA meeting, the expansion was prompted in part by a 10-year $17.8 million Grow New Jersey tax credit granted by the state Economic Development Authority. The authority gave the tax incentive to lure Integra to stay in New Jersey, as it had been considering a move to Warminster, Pennsylvania.
Instead it will occupy the entire building, which formerly housed Novo Nordisk, and will invest about $15 million in it according to the EDA. It will occupy the building in mid 2019 and lease it for 15 years with three five-year renewal options. The EDA estimated the state would benefit $127 million over 20 years from Integra remaining in New Jersey.
Integra, a manufacturer of medical devices, employs 608 people in New Jersey and 4,000 worldwide.
Integra LifeSciences Holdings Corporation (IART), 313 Enterprise Drive, Plainsboro 08536. 609-936-3600. Peter Arduini, CEO and president. www.integralife.com.
United Way of Greater Mercer County, 3150 Brunswick Pike, Suite 230, Lawrenceville 08648. 609-896-1912. Sandra Toussaint-Burgher, president/CEO. www.uwgmc.org.
United Way of Greater Mercer County has appointed three new members to its Board of Directors. Joining the board are Elizabeth (Betsy) Hanna, Vince Marcucci, and Richard Willinger.
Hanna is the president, human health, and COO at Origin Inc. She has spent most of her career with pharmaceutical giant Johnson & Johnson, where she ran the company’s Europe, Mideast, and Africa diagnostics business. She has held management roles at Bristol-Myers Squibb and Tyco International.
Vince Marcucci is the director of Corporate & Community Affairs of the Trenton Thunder Baseball Club, AA affiliate of the New York Yankees. He manages the team’s corporate sponsorship program, charitable giving portfolio, community engagement activities, and is the executive director of the Grand Slam We Care Foundation.
Richard S. Willinger is the managing director at the Mercadien Group and principal at Mercadien, P.C., CPAs. He has been with the firm for about 20 years and leads its tax department.
New in Town
MassMutual Greater Philadelphia, 101 Interchange Plaza, Cranbury 08512. 908-636-8818. Matthew Linquito. www.GreaterPhiladelphia.MassMutual.com.
MassMutual Greater Philadelphia has opened an office at Interchange Plaza in Cranbury. The 30-person staff of the office will be led by Matthew Linquito.
“Expanding our footprint in New Jersey has been an integral part of our strategic plan. Our new office gives us the opportunity to serve more of our neighbors, friends, families and business owners, helping them achieve financial wellness and plan for the unexpected,” said MMGP CEO Harris Fishman. “With Matt’s leadership and talent, we are poised to make a huge impact on the lives of our clients and the community.”
“I’m excited to join Harris and MassMutual Greater Philadelphia in opening this new office,” Linquito said.
“Now more than ever, the burden of making sound financial decisions rests on the shoulders of the consumer. And with all the conflicting information that’s out there, it’s easy to see why Americans are feeling anxious about their financial futures. We are honored to be a resource and look forward to helping our neighbors get the knowledge and insight they need to make better financial decisions.”
Jane M. Wozniak, 66, on July 5. She worked for NJ Manufacturers Insurance Company.
Michael Andrew Saperstein, 40, on July 4. He was a marketing professional for companies such as Miele, Brother International, Abbot Point of Care, and SpectraMedix.
Lowell Francis Curran Jr., 88, on July 1. He was a lawyer in private practice in Princeton for more than 50 years. He was the president of the NJ Association of Trial Lawyers and served as public defender in Princeton.