NJBIZ back issues from October 2007:
Medical Firms Accused of Paying Doctors
Oct 01, 2007; ... The five companies that provide 95 percent of the medical devices for hip and knee replacement procedures-including a New Jersey company and a subsidiary of Johnson & Johnson-have avoided criminal charges for allegedly offering kickbacks to doctors, U.S. Attorney Christopher J. Christie ...
DEP Takes Action On Cleanup Sites
Oct 01, 2007; ... The Department of Environmental Protection is launching enforcement actions against approximately 950 responsible parties who violated state laws governing contaminated site cleanups. These parties have failed to monitor and report on the condition of caps, areas of groundwater contamination and ...
The Battle of the Arenas
Oct 01, 2007; ... EAST RUTHERFORD It's the Meadowlands vs. Newark for concerts and shows At first glance, it looks as if the 26-year-old Continental Airlines Arena at the Meadowlands has hit an incredible run of bad luck. The New Jersey Devils hockey team and Seton Hall University ...
Bio Group Markets A New Name
Oct 01, 2007; ... The Biotechnology Council of New Jersey changed its name last week to BioNJ and adopted anew slogan and logo. BioNJ of Trenton is the state's arm of the Biotechnology Industry Organization, a national trade group often referred to as BIO. Debbie Hart, president of ...
Foxtons Is Going Out of Business
Oct 01, 2007; ... Foxtons North America, a division of Foxtons, the London-based real estate company known for charging discounted commissions, said last week it is shutting down because of the housing slump, according to the Asbury Park Press. The company, which is based in West Long Branch, said it is ...
Rewriting the Prescription for the Drug Industry
Oct 01, 2007; ... BRIDGEWATER A sweeping new law addresses patient safety concerns amid a host of pharma issues The U.S. Congress last week passed a wide-ranging measure with big implications for drug makers, medical device companies and consumers. The bipartisan legislation, an overhaul of a Food ...
AGC Chemical to Close
Oct 01, 2007; ... 157 to lose jobs in Bayonne POOR MARKET conditions are driving AGC Chemicals Americas Inc. to shutter its 157employee Bayonne manufacturing facility, according to a company announcement released last week. All the plant's employees will lose their jobs when the site is closed Dec. 31, ...
Longshoremen Face Off against Bayonne
Oct 01, 2007; ... BAYONNE Dockworkers say a $50M Port Authority deal will block the return of high-paying jobs A CLASH IS UNDER WAY in Bayonne over the city's agreement two weeks ago to sell a chunk of the former Military Ocean Terminal (MOTBY) for $50.5 million to the Port Authority of New York ...
Reviving the Nuclear Option
Oct 01, 2007; ... Our Point of View THE THOUGHT OF new nuclear power plants looked like a dead issue in the United States in the years following the nearmeltdown at Three Mile Island and the full-blown disaster at Chernobyl. But today, with NRG Energy of Princeton taking the lead in the hope of cashing in ...
How to Thrive in a Cutthroat Market
Oct 01, 2007; ... Three small businesses explain how they catch the customer's eye by standing out from the competition FOR STARTUPS AND OTHER smaller businesses, catching a customer's eye can bea big challenge. E-mail and online advertising may have made it cheaper and easier to get the word out about a ...
Two Cheers for Business Growth This Year
Oct 01, 2007; ... Modest growth appears to be the byword for many New Jersey companies in 2007, judging from responses to the New Jersey Chamber of Commerce/NJBIZ Poll for September. When asked to describe the growth rates of their business, 36 percent of the 230 poll respondents checked "modest," making that the ...
A Preview of the State's New-Look Growth Strategy
Oct 01, 2007; ... OPEN FORUM Editors note: This is the fourth in a senes of alternating articles for NJBIZ by Goujon Corzine and Gary Rose, Chief of the Office of Economic Growth. WHEN I TOOK OFFICE, I was aware that New Jersey's economy faced challenges. Yet, I also knew that New Jersey's ...
Hard Road Ahead for the Trucking Industry
Oct 01, 2007; ... Myron P. "Mike" Shevell is an elder statesman of the transportation industry who has 55 years of experience running companies. Shevell, 72, is chairman of the Shevell Group, a trucking and real estate concern that operates 10,000 trucks in the United States, Canada and Puerto Rico. He is ...
When Disaster Hits Will You Be Prepared?
Oct 01, 2007; ... Board of Contributors THE BEST TIME for a smallbusiness owner to respond to a disaster is before it happens. A relatively small investment of time and money now may prevent severe damage and disruption of life and business in the future. All small businesses in every area of the country ...
Pascack Valley Hospital Decides to Close Its Doors
Oct 01, 2007; ... WESTWOOD The health care facility is the third in two months to fall prey to financial troubles FACING A RIVER OF RED INK, the owner of Pascack Valley Hospital last week filed a Chapter 11 bankruptcy petition in federal Bankruptcy Court in Newark as the first step in shutting ...
North: Firm Recalls Meat, Faces Suit
Oct 01, 2007; ... ELIZABETH Topps Meat Co. last week instituted a voluntarily recall of about 331,582 pounds of frozen ground beef products because they maybe contaminated with E. coli, according to the U.S. Department of Agriculture's Food Safety and Inspection Service. E. coli is a potentially deadly ...
NRG Seeks The Lead in Going Nuclear
Oct 01, 2007; ... PRINCETON The local wholesaler of electric power races for federal incentives NRG ENERGY INC., a Princetonbased power company that emerged from bankruptcy proceedings four years ago, last week became the first company in 29 years to seek approval from the U.S. Nuclear Regulatory ...
North: Two Gateway Work Begins
Oct 01, 2007; ... NEWARKA $4 million capital improvement program has begun at Two Gateway Center, an 18story, 832,000-square-foot Class A office building in Newark's Central Business District. The renovation program includes a cooling tower upgrade, a computer-controlled building management system, ...
Making a Life after Manhattan Bagel
Oct 01, 2007; ... RED BANK Entrepreneur Andrew Gennusa expands his second franchising operation AS A 21-YEAR-OLD entrepreneur, Andrew Gennusa helped his brother, Jason, launch an Eatontown-based bagel franchise that eventually fielded more than 300 stores across the couritry Andrew became a ...
North: Construction Starts at Arsenal
Oct 01, 2007; ... PICATINNY Advance Realty Group broke ground last week on the first phase of the PicatinnyApplied Research Campus (PARC), a 1.1-million-square-foot research campus at Picatinny Arsenal in Morris County The initial development of the campus involves the construction of 100,000 square feet ...
Selling a Company-and Rebuying It-Is Not Simple
Oct 01, 2007; ... GUEST COLUMN MANY ENTREPRENEURS anticipate the day when they can sell their business and spend their free time investing their surplus cash. Sometimes it works out that way. In some cases, however, the entrepreneur ends up buying back the business that was sold. This step can be a ...
South: Camden Firm Gets EDA Funds
Oct 01, 2007; ... CAMDEN A company that sells technology to help retailers monitor physical store registers for employee mistakes and fraud said last week it got $1 million from the New Jersey Economic Development Authority (NJEDA) through the Edison Innovation Fund. Agilence Inc. says it will use ...
Executive Searchers Seek People with a Flair for Service
Oct 01, 2007; ... Industry Report THE INCREASING accent on customer service is leading more and more companies to rewrite the skills set they want in their executive ranks, says Richard Arons, managing director at the Princeton office of Los Angeles-based Korn/Ferry International, the largest publicly ...
Staffing Firms Report Boom with High Demand, Talent Shortages
Oct 01, 2007; ... Industry Report "STAFFING EMPLOYEE Week in New Jersey" was observed the week of Sept. 17 thanks to a proclamation by Gov. Jon Corzine. That gesture seemed fitting for a state anxious to create more jobs. The state's staffing firms employed more than 291,000 people last year, ...
Squeezing Value From Receivables
Oct 01, 2007; ... WHEN CLAREWHERLEY, a CPA in New Providence, did a tax return for a client and then had a tough time collecting her fee, she didn't hesitate to take action. "I sent a letter to the client advising that, if we didn't get paid, I would send a letter to the 1RS notifying the agency that the ...
Central: Vonage to Fight $69.5M Verdict
Oct 01, 2007; ... HOLMDEL Vonage Holdings Corp. plans to fight a $69.5 million verdict that a Kansas City, Kan., jury returned against the Holmdel company in a patent infringement lawsuit. It was the second such loss for the company this year. Jurors in the U.S. District Court agreed with Sprint ...
Nailing the Name: How to Select The Right One
Oct 01, 2007; ... Brand awareness, legal issues are only two considerations WHEN H.G. SANDERS launched an organic and specialty plantfood company in Millville, he named the venture after his first product, a proprietary blend called Espoma. The moniker appeared to violate a commonly held belief-pick a ...
Who's News
Oct 01, 2007; ... Accounting David Anderson has joined Amper, Politziner & Mattia in Edison as a manager in the litigation and valuation group. Before joining Amper, he was senior director of valuation and litigation support with Kane Reese Associates. Anderson is an accredited business appraiser with ...
Back to Basics
Oct 08, 2007; ... Industry, academia and government last week called attention to a work force training program at machine parts maker Lee Linear in Piscataway With a $1.9 million state grant, a consortium of private and public groups are providing training for basic skills such as writing and math to employees ...
Time to Cross the Bridge
Oct 08, 2007; ... Exactly two months after the rushhour collapse of an eight-lane Minneapolis interstate highway bridge, New Jersey Transportation Commissioner Kris Kolluri said last week that $13.6 billion will be needed over the next 10 years to keep Garden State bridges safe. Of the 6,447 bridges in the state, ...
Verizon Wireless Unveils Answer to iPhone
Oct 08, 2007; ... Out to capture some of the new heat in the mobile phone market, Verizon Wireless in Basking Ridge unveiled four sleek models to compete with the AT&T Wireless-exclusive iPhone. Heading the lineup was The Voyager from LG Electronics, which features a large touch screen that can display full ...
Potentially Deadly Threat Led To Recall
Oct 08, 2007; ... ELIZABETH Topps Meat must re-evaluate sanitation and process controls A government-mandated recall of nearly 22 million pounds of frozen gound beef from an Elizabeth meat processing plant was prompted by "inadequate sanitation and process controls" that may have led to a ...
Everyday Is a Holiday for Bond Parade
Oct 08, 2007; ... CLIFTON The state's biggest maker of floats is all set for Columbus Day THIS IS A BIG WEEK for Robert De Vito. On Monday the president of Bond Parade Floats in Clifton will showcase 25 of his eye-catching floats at the annual Columbus Day Parade as it winds its way up Manhattan's ...
Turmoil, Probes Spurred Commerce Takeover
Oct 08, 2007; ... CHERRY HILL TD Banknorth's $8.5 billion buyout could prove to be a bargain Chalk up the coming end of Commerce Bancorp's existence as an independent company to weaknesses at the Cherry Hill-based concern, the ouster of founder and CEO Vernon Hill II three months ago, and a strong ...
Confidence and Concern Among Entrepreneurs
Oct 08, 2007; ... Business owners in New Jersey are optimistic about their companies' prospects but are less certain when it comes to the regional and national economies, according to a survey of small and medium-sized business owners released last week by PNC Financial Services Group Inc. Sixty-three percent of ...
Letters
Oct 08, 2007; ... New State Programs Help Women-And Minority-Owned Companies Recently I was interviewed for the Sept. 3 article, "Minorities, State Contracts: Not Perfect Together." I'd like to take the opportunity to restate my position, which somehow was lost in the transcription. Yes, New Jersey is a ...
The Colonizing of Corporate New Jersey
Oct 08, 2007; ... Our Point of View THE AGREEMENT BY Canada's TD Bank Financial Group to acquire Commerce Bancorp last week adds another home-grown New Jersey company to the list of those now owned by corporations outside the state. AT&T was acquired two years ago by the former SBC Communications of ...
Goliath Takes David to School
Oct 08, 2007; ... TRENTON Worm Poop-maker TerraCycle is changing colors after losing a legal battle TOM SZAKY, CEO OF TerraCycle Inc. in Trenton, has learned a valuable lesson about choosing the look and information on his products' labels. Two weeks ago, after spending $250,000 in legal fees to ...
State Capital Thinks Green To Promote Jobs and Growth
Oct 08, 2007; ... TRENTON A new initiative focuses on environmentally friendly programs to spur business Last week, a new partnership among New Jersey's public and private entities launched the Trenton Green Initiative, a long-term effort to promote climate protection through energy-efficient ...
The Country's Top Port for Cocoa Beans
Oct 08, 2007; ... When Joseph A. Balzano, Jr., executive director of the South Jersey Port Corp., which oversees the Port of Camden, first came on board in 1951, he hadn't an inkling that he would be witness to the transportation hub's evolution from a domestic port to a global force. Today, the port encompasses ...
A Pioneering Law-Firm Executive Bows Out
Oct 08, 2007; ... Lois Van Deusen retired last week as managing partner of Newark-based McCarter & English LLP, New Jersey's largest law firm with 230 in-state attorneys. A former elementary school teacher who in 2002 became the first woman to capture the top position at a big New Jersey law firm, Van Deusen, ...
Communicating that You Care Is Key to Success
Oct 08, 2007; ... The Bottom Line Question: Why is building relationships so important in business? Adubato: Most business is based largely on relationships. We do business with people we like and trust. Most importantly, we do business with people who care about us and our organization. There are ...
Pay-to-Play Law Is Bad for Business
Oct 08, 2007; ... Board of Contributors FOR MANY state businesses, Sept. 28 was a dreaded day. It was the deadline for businesses covered by the "pay-to-play" disclosure law to submit their first disclosure reports. The law is emblematic of the increasingly hostile treatment that businesses ...
Central, Southern Expansion Plans
Oct 08, 2007; ... WACHOVIA BANK of Charlotte, N.C., see Central and Southern New Jersey as high-growth areas and plans to open branches there. "We are seeing growth in all our business lines in our markets," says Susanne Svizeny, Wachovia's regional president for Central and Southern New Jersey, a territory ...
Skeletons in The Children's Place Closet
Oct 08, 2007; ... SECAUCUS The new CEO of the troubled retailer will have a lot to untangle BEHIND THE OUSTER of the CEO of The Children's Place Retail Stores Inc. two weeks ago and the search for a new boss are investigations into stock-option violations, delays in store renovations and ...
North: Izod to See its Name in Lights
Oct 08, 2007; ... EAST RUTHERFORD Izod, the casual clothing maker, has won naming rights to the Continental Airlines Arena, as predicted in the Sept. 24 edition of NJBIZ. Izod won the naming rights over two other clothiers, Rocawear and Southpole. The Izod Center will replace the Continental Airlines ...
North: Xanadu Contracts Start Rolling
Oct 08, 2007; ... SECAUCUS Security and energy services firm TAC of secaucus last week won a $3.9 million contract from Los Angeles-based Colony Capital, the new owners of the Xanadu Entertainment complex in the Meadowlands. TAC said in a press ...
Central: Heritage Makes Big Toy Buy
Oct 08, 2007; ... CLINTON Heritage Capital Group LLC has some new toys to play with. The Ridgewood-based real estate investment firm announced last week that it has snapped up a 2.2 million-square-foot portfolio comprised of three distribution centers from Pittsfield, Mass.-based KB Toys. The $77.5 million deal ...
Central: Travel Agency Gets Grounded
Oct 08, 2007; ... WOODBRIDGE The state Attorney General's Office and the Division of Consumer Affairs has filed a consumer fraud lawsuit against a Woodbridge travel agency, Shama Hajj Ziyarat Tours and its owner, Molana Syed Alihaider Abidi. According to the suit, which was filed last month in state ...
Troubled Waters At Whitesbog
Oct 08, 2007; ... Environmental regulations, farming rights at odds at 150-year-old cranberry bog in Pemberton THE HARVEST HAS JUST BEGUN at the Joseph J. White Inc. cranberry farm in Pemberton, and its owner Joe Darlington is wading through a complicated morass of state and federal environmental ...
South: CRI Worldwide Strikes a Deal
Oct 08, 2007; ... CLEMENTON Last week CRI Worldwide Inc. announced its first institutional financing agreement. The Clementown company, which provides clinical research services to the pharmaceutical industry, struck a deal with private equity investors Ampersand Ventures and SV life Sciences. Financial terms ...
Gloucester Practices Laws of Attraction
Oct 08, 2007; ... Leveraging locations, lowering land costs help make county appealing to companies LAST MONTH, Advanced Drainage Systems Inc. (ADS), a maker of corrugated pipes based in Hilliard, Ohio, opened a $12-million manufacturing facility in Gloucester County's Logan Township. The ...
North: Marcal Dons For Sale Sign
Oct 08, 2007; ... ELMWOOD PARK Nicholas Marcalus, chairman and CEO of Elmwood Park-based Marcal Paper Mills Inc. decided last week that selling his debtridden firm makes more sense than trying to revive it through a Chapter 11 bankruptcy process. The $294 million (last year's revenue) maker of bath tissue and ...
South: Contract to Make Streets Safe
Oct 08, 2007; ... CAMDEN Morris, Johnson & Associates Inc., a consulting engineering firm in Eatontown, has been awarded a contract to design and manage a digital video surveillance network in Camden. The plan calls for cameras to monitor Yorkship Square, Broadway, Federal ...
How Much to Fix Bad Roads and Bridges?
Oct 15, 2007; ... TRENTON Critics say the state's whopping estimate won't come close to getting it done Transportation chief Kris Kolluri says the state needs to spend $13.6 billion over 10 years patching up dilapidated bridges and roads, but others contend the mammoth job screams for more than ...
Getting the Short End of the Stick
Oct 15, 2007; ... New Jersey is the most shortchanged state when it comes to federal taxing and spending, according to the Tax Foundation's latest annual analysis of federal taxing and spending patterns. Using newly released Fiscal Year 2005 federal spending data from the Census Bureau, the Tax Foundation ...
Camden Stem Cell Center Gets Going
Oct 15, 2007; ... The state Economic Development Authority last week hired an architect and a project manager to design and coordinate construction of a $50 million stem-cell research facility in Camden. The authority approved hiring the Ballinger architect firm of Philadelphia and the Skanska ...
Window Opens for Windmills Contract
Oct 15, 2007; ... The New Jersey Board of Public Utilities is accepting proposals from companies to build about 70 powergenerating windmills. Plans are to build capacity to generate up to 350 megawatts, enough to supply 125,000 homes. Bids will be accepted until ...
Pollution Settlement To Line State's Pockets
Oct 15, 2007; ... New Jersey will get a slice of the record-setting $4.6 billion multistate pollution settlement agreement reached with the Ohio-based American Electric Power Service Corp., State Attorney General Anne Milgram said last week. The federal Environmental Protection Agency calls the agreement ...
Revolutionary War Could Reap Rewards
Oct 15, 2007; ... Plans are afoot to monetize the historic appeal of the Revolutionary War by setting up a museum and visitors' center, East Brunswick Mayor William Neary revealed last week at a public hearing of the New Jersey Heritage Tourism Task Force, a StarLedgeriepoit said. The center is expected to bring ...
South: Suit Puts Hovnanian Under Fire
Oct 08, 2007; ... GALLOWAY K. Hovnanian, the state's largest homebuilder, was accused last week of violating a state environmental permit by failing to provide affordable housing units at Four Seasons at Historic Smithville, an active adult development encompassing 3,000 homes in Galloway ...
Web Proposal Would Shed Light on 566 Local Governments
Oct 08, 2007; ... Industry Report MICHAEL SKUDERA, a Tinton Falls borough councilman, believes there is a simple way town councils can be held more accountable to their residents. He's encouraging his Monmouth County township and municipalities statewide to upgrade their Web sites so users can view ...
School Districts, State Try to Tackle Special-Ed Funding Issues
Oct 08, 2007; ... Industry Report SPECIAL EDUCATION has been a top priority on the agendas of many of the state's local school districts. The rising costs of special education, which refers to services that schools provide for students with learning disabilities, and the growing struggle to fund those ...
Scene
Oct 08, 2007; ... 1 HEALTH CARE RUN Several Jersey City Medical Center employees volunteered at the 14th annual Newport Liberty Half Marathon, helping with crowd control, distributing T-shirts and passing out water to participants. Proceeds benefited the medical center, which is part of Liberty Health. Pictured ...
Who's News
Oct 08, 2007; ... Advertising Tim Williams has been named art director of the Lanmark Group in Eatontown. He is responsible for providing a wide range of art direction, design and layout for advertisements, campaigns, multimedia presentations, promotional materials and Web-based projects for the company's ...