Two companies — one big, one small — have left Princeton, taking with them more than 180 jobs. Xerox Corporation closed its office at Princeton Overlook to move to another New Jersey location, and a growing software developer, Interactions LLC, is moving out of the state.
Interactions LLC, founded on Princess Road, has almost completed its move to Carmel, Indiana, where it hopes to employ 190 workers by the end of next year. It is receiving hefty financial support from the city and the state, but personal reasons helped instigate the move. Both Michael Cloran, the CEO, and Jim Dreher the president, have family connections in the area.
Interactions develops computer software programs for call centers and aims to change the “interactions” between the caller and the answerer.
Founded in 2002 by former RCN employees, the firm has software tools for the customer contact center industry. When it expanded from sublet space to its own space in 2005, a spokesperson declined to be interviewed on the record, citing patent concerns. “We are swinging for the fences, trying to change the industry radically,” he said.
The company has 57 employees in Carmel plus 38 others based elsewhere. It could receive up to $215,000 in training grants and $5.5 million in tax credits from the Indiana Economic Development Corp. It is also getting tax breaks, over an eight-year-period, from the city of Carmel.
The company traded proximity to New Jersey’s universities to tap talent from such colleges as Purdue, Indiana, Notre Dame and Indiana State.
Interactions LLC, 14390 Clay Terrace Boulevard, Suite 205, Carmel, IN 46032; 317-810-2800; fax, 317-569-1041. Michael Cloran, CEO. Home page: www.interactions.net
Xerox Exits Princeton
Xerox, the Document Company (XRX), 10 Woodbridge Center Drive, Fifth Floor, Woodbridge 07095; 732-750-7500. Mark Conlan, vice president, general manager. www.xerox.com
On Friday, September 22, Xerox vacated 35,000 square feet on the third floor at Princeton Overlook, and 110 of the 130 employees in that office (all of them are salespeople) are working out of home offices. “We have gone virtual,” says a spokesperson.
The 20-person administrative team from the Princeton Overlook office opened a new office in Woodbridge., which will have a demonstration area.
The company also has an office in Morris Plains.
New in Town
Acqueon Technologies Inc., 600 Alexander Road, Princeton 08540; 408-433-5295. Home page: www.acqueon.com
Acqueon Technologies has opened an office on Alexander Road; no Princeton number is available. The headquarters is in Milpitas, California.
The company offers a suite of customer interaction management products, and its software developers and support engineers focus on the telecommunications and IT industries.
Agile Therapeutics Inc., 366 Wall Street, Princeton 08540; 609-683-1880. Thomas M. Rossi, president. Home page: www.agiletherapeutics.com
Agile Therapeutics Inc., which develops pharmaceutical products using a proprietary transdermal drug delivery technology, has opened an office in Princeton.
Its lead product is a seven day contraceptive patch, currently in phase II clinical testing.
Ameriprise Financial Services Inc., 101 College Road East, Second Floor, Princeton 08540; 609-452-2299; fax, 609-452-8866. Gary Johnston CFP, senior financial advisor. Home page: www.ameriprise.com
Ameriprise Financial Services, spun off as an independent company from American Express Financial Services in 2005, recently opened an office in Princeton.
The company offers financial advisory services and investment opportunities, with a focus on retirement planning. The firm also provides workplace financial education to corporations and other institutions.
CLS Pharmaceuticals, 11 Deer Park Drive, Suite 206A, Monmouth Junction 08852. 732-485-9700; fax, 609-587-0762. Home page: www.clspharm.com
CLS Pharmaceuticals is occupying temporary space at 11 Deer Park Drive. The company develops novel ophthalmic drugs.
Directravel Princeton, 107 Rockingham Row, Forrestal Village, Princeton 08540; 201-847-2111; fax, 201-847-2112. Gail Boyer, vice president, administration. Home page: www.dt.com
Directravel is moving one of its Edison offices to Princeton in October to become Directravel Princeton. The travel management company will have seven employees.
WCD Consultants, 7 Tree Farm Road, Suite 206, Pennington 08534; 609-730-0007; fax, 609-730-0011. Chip D’Angelo, owner.
WCD Consultants, an environmental consulting management firm incorporated in 2002, recently opened an office in Pennington. Owner Chip D’Angelo has been in similar businesses for 26 years.
HCR: Handex Consulting & Remediation LLC, 24 Abeel Road, Monroe Township 08831; 609-409-6999; fax, 609-409-7453. Tom Kady, president, northeast. Home page: www.handex.com
Handex Consulting & Remediation, an environmental remediation and consulting firm, opened an office in Monroe Township. The firm is a contractor for the New Jersey Department of Environmental Protection.
Feinstein Kean Healthcare (WPPGY), 33 Wood Avenue South, Suite 600, Metro Park Center, Iselin 08830; 732-603-3892. Michael Lampe, senior vice president. Home page: www.fkhealth.com
Feinstein Kean Healthcare has moved to Iselin. Based in Cambridge, the company provides communications services to biotech and pharma clients (U.S. 1, October 20, 2004). Beth Kramli, formerly with Feinstein Kean in Princeton, is now with Marina Marr Communications in Manhattan (212-485-6848).
Campaign To Save the Environment, 55 Princeton-Hightstown Road, Princeton Junction.
Campaign to Save the Environment has moved. The phone number is disconnected.
CCR Search & Abstract Agency Inc., 1905 Route 33, Concord Square, Hamilton Square 08690; 609-587-1333; fax, 609-587-9302.
The title search company has moved. Attempts to reach the company by phone yielded an answering message with the suggestion to contact a nonexistent extension.
ValPak Direct Marketing, www.valpak.com
Valpak Direct Marketing has closed its Whitehorse-Mercerville Road office as part of a reorganization of the mid-New Jersey region earlier this year. The Hamilton area will be covered by the regional operations now based in Freehold.