Industry

Industry

By Lynda Cohen
Folsom | October 16, 2017 at 12:00 pm

16 10, 2017

South Jersey Industries buying Elizabethtown Gas, Md. utility

2017-10-18T11:37:33+00:00

South Jersey Industries has entered into agreements for the assets of two gas companies. Folsom-based SJI will become the state’s second-largest natural gas provider after completing the deal for Elizabethtown Gas and Maryland-based Elkton Gas from Pivotal Utility Holdings Inc., a Southern Company Gas subsidiary. Both companies will come at ...

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South Jersey Industries buying Elizabethtown Gas, Md. utility 2017-10-18T11:37:33+00:00
16 10, 2017

Ewing petroleum firm adds assets, bolstering N.J./N.Y. presence

2017-10-18T11:38:39+00:00

Hough Petroleum has acquired Gordon Petroleum’s wholesale dealer supply assets, adding about 5 million gallons annually to Hough’s fuel volume in New Jersey and New York. Mike Kelly, new senior director of wholesale and retail sales, will help steer Hough’s acquisition. Kelly has more than 25 years of industry experience ...

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Ewing petroleum firm adds assets, bolstering N.J./N.Y. presence 2017-10-18T11:38:39+00:00
16 10, 2017

Honeywell names new head of M&A, replacing promoted exec

2017-10-16T10:08:43+00:00

Honeywell has named Brian S. Cook as vice president of corporate development and global head of mergers & acquisitions. "Brian has been responsible for leveraging Honeywell's acquisition strategy effectively to establish a stronger portfolio that positions us for the long term. His leadership in identifying adjacent market opportunities and new ...

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Honeywell names new head of M&A, replacing promoted exec 2017-10-16T10:08:43+00:00
13 10, 2017

Exxon expanding Clinton facility; Paulsboro workers moving there

2017-10-17T09:45:07+00:00

ExxonMobil is expanding its research facility in Clinton. The company announced it broke ground Friday at what it called a key center of innovation that supports the company’s broad research and development programs. Employees at ExxonMobil’s Paulsboro research facility will relocate there. The expansion of the facility that houses company’s ...

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Exxon expanding Clinton facility; Paulsboro workers moving there 2017-10-17T09:45:07+00:00
11 10, 2017

N.J. posts first monthly job loss in four-plus years, ADP says

2017-10-13T12:14:07+00:00

New Jersey’s private-sector employment shrank in September, according to the latest report from Roseland-based ADP. The payroll and human resources firm said in its monthly ADP Regional Employment Report that the Garden State lost 600 jobs for the month, fueled by a 1,400-job loss in the services sector. It was ...

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N.J. posts first monthly job loss in four-plus years, ADP says 2017-10-13T12:14:07+00:00
10 10, 2017

Honeywell spinning off two units worth $7.5B into standalone firms

2017-10-13T12:03:27+00:00

Honeywell is spinning off two businesses worth about $7.5 billion into standalone, publicly traded companies, it announced Tuesday. The Morris Plains-based company will separate its Homes and ADI global businesses, along with its Transportation Systems, in spinoffs to Honeywell shareowners that are tax-free for U.S. federal income tax purposes. The ...

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Honeywell spinning off two units worth $7.5B into standalone firms 2017-10-13T12:03:27+00:00
9 10, 2017

Donald Norcross pushing bill to allow 529 plans for trade schools

2017-10-11T08:34:07+00:00

Donald Norcross regaled the audience with a story about one of his first days as a member of the U.S. House of Representatives. “When I was sworn in to the 114th Congress, they got the entire freshman class and they did interviews on background and where you came from,” he ...

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Donald Norcross pushing bill to allow 529 plans for trade schools 2017-10-11T08:34:07+00:00
9 10, 2017

NJMEP Manufacturing Day award winners announced

2017-10-11T08:34:33+00:00

Five New Jersey manufacturing companies were among a number of honorees at the New Jersey Manufacturing Extension Program’s sixth annual “Made in New Jersey” Manufacturing Day, held last Friday at the Bridgewater Marriott. John Kennedy, CEO of the NJMEP, said the awards honor key members of New Jersey’s economy. “The ...

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NJMEP Manufacturing Day award winners announced 2017-10-11T08:34:33+00:00
6 10, 2017

Honeywell names new general counsel, replacing departing exec

2017-10-06T11:58:22+00:00

Morris Plains-based conglomerate Honeywell has promoted an executive to senior vice president and general counsel, it announced Friday. Anne T. Madden, who had been the company’s vice president of corporate development and global head of mergers and acquisitions since 2002, replaces Kate Adams, who is leaving the company to serve ...

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Honeywell names new general counsel, replacing departing exec 2017-10-06T11:58:22+00:00
6 10, 2017

Vitamin Shoppe closing N. Bergen distribution center; 139 jobs affected

2017-10-10T11:26:44+00:00

The Vitamin Shoppe, a North Bergen-based health products retailer, is closing its distribution center in the township, potentially jeopardizing 139 jobs. The company said operations will be shifted to its other distribution centers, including facilities in Arizona and Virginia. A spokesperson said all affected employees were given the opportunity to ...

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Vitamin Shoppe closing N. Bergen distribution center; 139 jobs affected 2017-10-10T11:26:44+00:00
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