NJBIZ back issues from April 2006:
Beauty Begins With Landscaping... ...that Enfolds Luxury Residences
Apr 01, 2006; ... From benches to boxwoods, well-appointed grounds produce the environment that brings homes of distinction to life. Landscape architects and designers agree that one of the most important aspects of a home, in terms of providing a pleasurable environment for the owners and increasing its ...
Publisher's note
Apr 01, 2006; ... Welcome to the Premier Issue of NJBIZ Homes of Distinction Dear Readers: I am delighted to introduce to you our first-ever residential real estate publication, NJBIZ Homes of Distinction. This is particularly exciting for me since I am in the process of looking for a new ...
Interiors THAT Gladden THE Hearts OF Owners
Apr 01, 2006; ... Space, light, and golden faucets create marble flooring "His" and "Her" habitats fit for modern kings and queens. Homeowners naturally pay close attention to the look of the interior spaces of their dwellings. Beyond this simple fact, interior architects and designers say certain key ...
Strutting Their High-Technology Stuff
Apr 03, 2006; ... SOMERSET The state's largest venture fair recalls glory days When swarms of promising young companies showed their wares at the New Jersey Technology Council's (NJTC) big venture conference last week, the event harkened back to the days of high-tech funding before the Internet ...
Adding a Boston Accent
Apr 03, 2006; ... McCarter & English, which is based in Newark and has offices in Delaware, Pennsylvania, New York, Connecticut and Maryland, is broadening its reach. Last week the 370-attorney law firm announced what its chairman, Drew Berry, calls "a combination" with Gadsby Hannah, a 65-lawyer Boston. The ...
Retailers Set for Musical Storefronts
Apr 03, 2006; ... MAHWAH Bankruptcies, closings create opportunities for new players The failures and retrenchments of several medium and large retailers are creating a chance for a new wave of companies to move in or expand in New Jersey's tight retail-space market. Mahwah-based retailer ...
Demanding A Fair Share
Apr 03, 2006; ... A band of groups representing small-business owners last week launched a new umbrella organization called Small Business Share. It says the Corzine administration should "review and amend Governor McGreevey's 2003 Executive Order #73" intended to assure issuance of state contracts to small ...
Too Hard to Swallow
Apr 03, 2006; ... PLAINFIELD The new Medicare program threatens small pharmacists with extinction Independent pharmacists, already an endangered group, fear they will be forced out of business if the Medicare prescription drug program that launched in January isn't given a serious ...
Gov. Keeps His Powder Dry
Apr 03, 2006; ... Gov. Jon Corzine last week removed Attorney General Zulima Farber from the New Jersey Schools Construction Corp.'s (SCC) board of directors so her office would be free to review contracts and investigate claims against the board without any concerns about conflicts of interest. The SCC board has ...
An Offer of Someone Else's Hide
Apr 03, 2006; ... With cuts in funding to higher education, and flat spending on municipal aid and school aid proposed for next year's state budget, the Fairness Alliance, a coalition of labor, educational and religious organizations, says the state can save $310 million by placing a one-year moratorium on ...
Because It's Fun, That's Why
Apr 03, 2006; ... The Jersey Shore Alliance is rolling out a new $1 million marketing campaign to attract more visitors to the shore this spring and summer. The aim is to present all the amenities of the different shore destinations through one campaign. The Alliance, an organization of tourism officials and ...
Long Look at Short Sellers
Apr 03, 2006; ... Shareholders of Biovail, a Canadian specialty pharmaceutical comI pany with offices in Bridgewater, say they've been victimized. Last week a West Orange law firm announced it had filed a $4 billion class action lawsuit on their behalf I against Bane of America securities, SA.C. Capital ...
Honeywell Has No Room for Dummies
Apr 03, 2006; ... Honeywell last month paid a reported $508 million for First Technology, a company that has three divisions: one makes gassensing products; another produces automotive sensors and other products; and the third makes crash-test dummies. Last week the $28 billion Morris Township conglomerate ...
A Fresh Look at Eminent Domain
Apr 03, 2006; ... At his swearing-in last week, Ron Chen, the state's new public advocate, said he would investigate eminent domain, particularly the controversial act of seizing private property and handing it over to redevelopers for revitalization projects. Chen did not disclose his own position on the topic ....
CORRECTIONS
Apr 03, 2006; ... The March 27 article, "Business Gives Two Cheers to Corzine's Budget," incorrectly reported the estimated impact of a proposed 1¢ increase in the state's sales tax on a typical family of four. The correct projected ...
Hovnanian Tries Tear-Down Redevelopment
Apr 03, 2006; ... RED BANK The state's largest homebuilder is razing older units and building luxury housing K. HOVNANIAN HOMES of Red Bank has long complained about New Jersey's regulatory regime, saying its environmental and other rules stifle business in a land-scarce market. But in mid-March, ...
Corzine Plans Brakes on UEZ Perks
Apr 03, 2006; ... STATEHOUSE He would limit a sales tax exemption that companies now enjoy WHEN GOV JON CORZINE detailed his budget plan two weeks ago, it didn't boost taxes as much as businesses may have feared, but the 8,000 companies located in New Jersey's Urban Enterprise Zones (UEZ) found ...
Lucent Deal Would Shrink Jobs
Apr 03, 2006; ... MURRAY HILL A merger with Alcatel may start a new wave of consolidation A MERGER BETWEEN Lucent Technologies and France's Alcatel would likely cost more jobs in New Jersey's dwindling telecommunications sector. "There's a lot of overlap between Lucent and Alcatel, and ...
"Besieged by Politicians"
Apr 10, 2006; ... The federal monitor overseeing the scandal-plagued University of Medicine and Dentistry of New Jersey (UMDNJ) last week issued a report that stunned even a state long accustomed to corruption , and political shenanigans in high places. Federal monitor Herbert Stem found that the school's ...
Ringing Up Sweet Profits For the Easter Holiday
Apr 10, 2006; ... FREEHOLD Family-owned candy makers push to keep shelves stocked with their handiwork No sooner are the champagne glasses washed and the New Year's Eve party hats packed away then the chocolatiers at Old Monmouth get hopping on the Easter candy. With Easter arriving Sunday, the ...
How Lucent Fell
Apr 10, 2006; ... MURRAY HILL Failure to shake off Ma Bell-like habits put it on the road to merger with Alcatel In unveiling plans to merge with France's Alcatel last week, Lucent Technologies all but completed its short and largely unhappy life as an independent company. Spun out from AT&T ...
The Painkiller that Keeps Hurting
Apr 10, 2006; ... Whitehouse Station's Merck now has a 50-50 average as it works its way through a pile of lawsuits over its withdrawn Vioxx painkiller. An eight-member jury at the Superior Court in Atlantic City held Merck liable for the heart attack of one of two plaintiffs who used the drug, and awarded the ...
Eyeing the Smoking Ban and Tasting Ashes
Apr 10, 2006; ... TRENTON Bar and restaurant owners are reluctantly set to comply with the smoke-free law that takes effect April 15 This Friday night, smokers will get their last chance to light up in New Jersey bars, restaurants and bowling alleys. The owners of these establishments are ...
Look in the Mirror, Say "Thanks"
Apr 10, 2006; ... A&P shareholders are laughing all the way to the grocery store. The supermarket giant, known formally as The Great Atlantic & Pacific Tea Co., last week announced a special dividend of $300 million to be paid mostly in cash to its shareholders. In a press release proclaiming the ...
Come Visit, Bring Money
Apr 10, 2006; ... At last week's 2006 Governor's Conference on Tourism, Gov. Jon Corzine took the podium to trot out some happy numbers. He said visitor spending in 2005 had grown by 12.5% to $36.3 billion from $32,2 billion in 2004. The number of visits rose 4.2% in 2005 to 72.2 million from 69.3 million in ...
More Ad Dollars Migrate to the Web
Apr 10, 2006; ... PARSIPPANY Initially wary manufacturers join the rush to go online MANUFACTURERS are increasingly shifting their marketing efforts away from the traditional and toward the clickable. While they're not abandoning older tactics like print advertisements, they are beginning to rely ...
After 150 Years, Atlantic Still Looks Ahead
Apr 10, 2006; ... PHILLIPSBURG A pipe maker has changed hands several times, but survives long after its peers vanished THERE WAS NO such tiling as a telephone and nothing was made of plastic when the company now called Atlantic States Cast Iron Pipe built its foundry in Phillipsburg. The ...
Corzine Undercuts His Own Proposals
Apr 10, 2006; ... Board of Contributors GOVERNOR JON CORZINE believes that his budget proposal is the medicine needed to help cure New Jersey's fiscal woes. For the proposal to become law, however, it must be passed by a Legislature populated by the very lawmakers who nurtured the illness. Today's ...
Letters
Apr 10, 2006; ... The New Medicare Program Helps Consumers A recent article (Too Hard to Swallow, April 3) offered a one-sided perspective on pharmacy benefit managers (PBMs) and the important role they play in the new Medicare prescription drug benefit. Throughout the article, pharmacists ...
Competing for the Executive Breast Pocket
Apr 10, 2006; ... Mobile devices finally find a place in managers' daily lives THE ANXIETY EXPRESSED by many in the business community earlier this year when a patent dispute threatened to disconnect their BlackBerry devices demonstrates how vital wireless handheld computers and smartphones have ...
Make Waves In Style
Apr 10, 2006; ... With the arrival of spring, executive fancies turn to big, fast boats WITH THE LAST CHILLS OF WINTER melting away, boat lovers with deep pockets are heading to showrooms where they will be tempted by such delights as Italian leather-wrapped steering wheels and vessels with tough Kevlar ...
Who's News
Apr 10, 2006; ... Advertising Joseph Pisano Jr. has been named interactive product manager for Chester-based GráficaGroup. He will head the company's teams of Web designers and programmers. Pisano previously served as a project manager with Tradewind Net Access and a consultant for Electronic Data ...
Central: Looking for Loot
Apr 10, 2006; ... PRINCETON Rising interest rates may be driving more companies to the stock market to feed their appetite for cash. Last week Medarex said it hopes to raise at least $128 million by selling 10 million shares of its stock. Goldman Sachs is underwriting the offering, with J.P. Morgan Securities ...
Scene
Apr 10, 2006; ... 1 STATE OF THE ART Cook, Hall & Hyde sponsored a senior executive reception on the "State-of-the-Art in Business Insurance." Pictured are CHH New Jersey Directors Robert Sobel and Richard Sobel; Thomas F. Motamed, Vice Chairman and COO of Chubb; Christopher Homan, director, CHH (New Jersey); ...
Friends in Deed
Apr 10, 2006; ... It pays to have wealthy-andgenerous-friends. Last week Ramapo College of New Jersey said that Richard and Millicent Anisfield of Saddle River would donate $2.5 million toward the college of business. That will bring the total of the couple's gifts to Ramapo to more than $3 million. In return, ...
Requiring Employers to Give the Longest Goodbye
Apr 03, 2006; ... STATEHOUSE Lawmakers ponder increasing layoff notices from 60 days to 90 days COMPANIES OPERATING in New Jersey would be required to give workers 90 days notice-30 days more than required by federal law-before executing mass layoffs or plant closings, under a bill that could soon ...
Commercials for Consumers while They Shop
Apr 03, 2006; ... PARAMUS Digital display company AdSpace wants to fill South Jersey malls with giant advertising screens SOME MALLS in southern New Jersey may soon add sales pitches booming from 60-inch plasma TV screens to the sensory overload that accompanies the modem shopping ...
Auctioning College Newspaper Ad Space
Apr 03, 2006; ... CLIFTON A press-release distributor finds a new way to tap the college crowd SMALL BUSINESSES that want cost-effective ways to get advertising messages to the college market can turn to CampusAdTrader.com. The upstart online auction for ads in college newspapers offers low-cost ...
The Great American Dream Machine
Apr 03, 2006; ... Our Point of View LAUNCHING A BUSINESS starts with a dream. This is as true for creating a company as it is for writing a play, becoming an athlete or making a scientific breakthrough. There was no shortage of dreamers at the Garden State Exhibit Center in Somerset last week as ...
Strong Opposition to Eminent Domain for Private Development
Apr 03, 2006; ... Last year's U.S. Supreme Court ruling that local governments can seize private property and turn it over to private developers was strongly opposed by respondents to the New Jersey Chamber of Commerce/NJBIZ poll for March. Just 6% of the 504 respondents said government should have the power to ...
A Refreshingly Blame-Free Address
Apr 03, 2006; ... Board of Contributors NUANCE CAN BE overrated and over-interpreted. Sometimes small things are just that: small things. But other times, tiny differences-small actions or subtle phrases that gently insert themselves in our minds rather than arrive with the trumpet's blare-can provide a ...
Raising Funds for UMDNJ in the Wake of Scandal
Apr 03, 2006; ... James M. Golubieski NJBIZ: What led to creating the new Venture Capital Fund? Golubieski: To enhance our individual portfolio, we decided to get into a VC fund. The idea is not to invest in ventures throughout the country, but ideas at UMDNJ that can be ...
Baby Bust in Manufacturing
Apr 03, 2006; ... A DECREASE in the number of new manufacturing plants across the country has brought down the overall number of factories in the U.S. during the last decade, according to Manufacturers Alliance/ MAPI, an Arlington, Va., research firm. There were about 340,000 plants in the country in ...
Something Big Is Brewing At Little Heavyweight
Apr 03, 2006; ... A one-man beer-making factory is a labor of love TOM BAKER HAS Homer Simpson's dream job. An artisan beer brewer, Baker owns and operates one of the nation's smallest breweries. "I make beers for people who love beer," says Baker. As Simpson, a popular beer-loving cartoon ...
Here Comes OSHA-Are You Ready?
Apr 03, 2006; ... Get your ducks in a row before the feds call FOR MANY SMALL and medium-sized manufacturers and other businesses, the arrival of an inspector from the federal department of Occupational Safety and Health Administration (OSHA) sets off alarms. It's a response that Joseph A. Paranac Jr., a ...
Manufacturing May Look Different Today, But It is Still Critical to State Economy
Apr 03, 2006; ... ADVERTISEMENT We See Opportunity For: MANUFACTURING Manufacturing in New Jersey may be wearing a different face than it did just a few years ago, but don't underestimate its critical importance to the state's economy. Today, the manufacture of non-durable goods ...
Manufacturers Deal with Heart Attacks and Terrorists
Apr 03, 2006; ... Industry Report Merck and Lockheed Martin, two of the state's biggest manufacturers based on their numbers of New Jersey employees, have been headed in different directions. While drugmaker Merck has been fighting plaintiffs and cutting payroll, defense contractor Lockheed has racked up ...
Who's News
Apr 03, 2006; ... Accounting April Rivera has been hired as a staff accountant at the Somerville office of accounting firm Withum-Smith+Brown. She graduated in May 2005 with a B.S. degree in accounting from Monmouth University in West Long Branch and has been interning at another accounting ...
Calendar
Apr 03, 2006; ... April 3 Monday 7 p.m. to 10 p.m. Financing a Small Business Workshop. Brookdale Community College, Small Business Development Center, 765 Newman Springs Road, Lincroft. (732) 224-2751. 4 Tuesday 7 p.m. to 10:30 p.m. Business Plan Workshop. Brookdale Community College, Small ...
North: United Gets Recharged
Apr 03, 2006; ... SECAUCUS Last week United Energy announced it closed on a $5.1 million private equity placement. The company, which develops and markets sludge-removing and other specialty chemicals for the oil and gas industry, says it ...
Central: Fangs Exposed
Apr 03, 2006; ... EDISON Video-game publisher Majesco Entertainment may be on the verge of a boardroom bloodletting. The publisher of the popular action-game series "BloodRayne," last week received a letter from a group of investors led by New York City hedge fund Trinad Capital Master Fund. They want to buy an ...
Central: Test of a Technology
Apr 03, 2006; ... PRINCETON Avante says it has the solution to the SAT-scoring glitches that have been making the news: Some students lost points because they didn't make dark enough marks or the test paper itself expanded, foiling the automated scoring devices. Avante, a software company, says its Optical ...
South: Back to the Grind
Apr 03, 2006; ... CAMDEN The St. Lawrence Cement Group has resolved two state court cases involving its cement-grinding facility in Camden. The cases were based on claims by local residents that the facility and other industrial operations had been a nuisance to surrounding neighborhoods. Although the specific ...
South: Juicing Up the Cash Reserves
Apr 03, 2006; ... WEST BERLIN EP MedSystems, a developer of electrophysiology products for cardiacrhythm management, entered into an agreement last week to sell $10 million worth of its common stock in a private placement with new and existing shareholders. The company expects to raise $9.5 ...
Rutgers Renovation Runs Aground
Apr 10, 2006; ... Last week Ruigers not only put off selecting the five finalists for the job of redesigning its College Avenue, New Brunswick, campus, it brought the $300 million overhaul to a crashing standstill. The state university said that cuts proposed in the governor's new budget forced the university to ...
A State in Economic Peril
Apr 10, 2006; ... Our Point of View THE PROPOSED MERGER of Lucent Technologies and France's Alcatel-and the new round of job cuts in New Jersey that it portends- are the latest danger signal for the state's economy. News of the deal was followed by fresh reports of slowing job gains in high-wage business ...
Pitching Highway Privatization Lite
Apr 10, 2006; ... STATEHOUSE Lesniak urges turning over a minority stake of big roads to private investors STATE SENATOR RAYMOND Lesniak (D-Union) says his plan to sell or lease a minority stake in the New Jersey Turnpike and the Garden State Parkway to private investors would not only bring an ...
People Work Over Paperwork
Apr 10, 2006; ... The Bottom Line Question: Are leaders today getting too caught up in details and forgetting about their people? Adubato: In his book, "Top Ten Mistakes Leaders Make," author Hans Finzel says that many leaders put "paperwork before people work." That means leaders sometimes see ...
Buying Time To Schmooze the Business Elite
Apr 10, 2006; ... Exclusive golf memberships can both proclaim and help build success PEOPLE JOIN PRIVATE GOLF CLUBS so they can play away stress, enjoy the peace and quiet and spend time with friends. But for businesspeople it's also an opportunity to schmooze with clients and colleagues, firm-up ...
Calendar
Apr 10, 2006; ... April 11 Tuesday 8 a.m. Business Growth Seminar Series. Monmouth-Ocean Development Council, Business Growth & Development Committee. New Jersey Natural Gas, 1415 Wyckoff Road, Wall. (732) 223-6632. 11 Tuesday 6:30 p.m. to 9 p.m. Insurance Basics for Small Businesses ....
North: Waiting to Take Action
Apr 10, 2006; ... LYNDHURST Harvey Electronics, a retailer of high-end consumer electronics, is asking shareholders to wait while the company reviews a tender offer made last week by Modem Technology of Oxford, Miss. Modem Technology, a diversified technology-development and acquisition company, offered to ...
South: Bearing the Burden
Apr 10, 2006; ... CAMDEN A judge dismissed a federal lawsuit filed by Camden residents who claimed the state's Department of Environmental Protection discriminated against them by allowing a cement factory to operate near their neighborhood. This was the second straight victory for Canadian-based St ....
Record This
Apr 10, 2006; ... A flea market in Columbus will have to face the music because it let vendors sell thousands of bootlegged CDs and cassettes. In a March 31 decision, Camden federal District Court Judge Jerome B. Simandle said Columbus Farmers Market and Columbus Flea World are "liable for contributory copyright ...
If It Quacks Like an Employee
Apr 10, 2006; ... The governor is cracking down on companies that bring on so-called independent contractors and day laborers to perform the same duties and work the same hours as full-time employees for less pay. Corzine last week directed the state treasury and the Department of Labor and Workforce Development ...
The Best Research Money Can Buy
Apr 10, 2006; ... CHATHAM Should red flags go up when a company pays a researcher to issue an equity report about it? LAST MONTH Nutralogix Laboratories, a publicly traded Weston, Fla.-based company, announced its shares had a "strong speculative buy" rating from Empire Research Associates. "We ...