fbpx

Private equity firm buys logistics company out of Ch. 11

A New York-based private equity firm has purchased Jersey City-based Rand Logistics Inc., the bulk freight shipping company announced recently. Rand, which provides services throughout the Great Lakes region, was acquired by American Industrial Partners,...

NJMEP heads to Capitol Hill for Hill Day

The New Jersey Manufacturing Extension Program, a nonprofit focused on supporting New Jersey manufacturing companies, announced CEO John Kennedy and several of its clients are heading to Capitol Hill in Washington, D.C., for Hill...

Council of Carpenters announces promotions

The Northeast Regional Council of Carpenters announced leadership promotions at the Edison-based union. David Haines has been named assistant executive secretary-treasurer and William Banfield has been promoted to New York state regional manager. John Ballantyne will...

Fairfield printing company purchased by Ga. firm

A Georgia marketing and public relations firm has acquired a Fairfield-based offset and digital printing company, it announced recently. The FLM Group, which operates out of a 50,000-square-foot facility with nearly 60 employees, will now...

PSEG, Exelon ax capital funding for Salem nuke plant

Public Service Enterprise Group and the minority shareholder of its Salem nuclear plant will stop funding capital projects as a result of the delay in passing a nuclear subsidy bill in the Legislature, according...

JCP&L to spend $357M in ’18 to improve service areas

Jersey Central Power & Light said it plans to spend $357 million in 2018 on infrastructure improvements and other work to enhance reliability across the 13 North and Central Jersey counties it services. According to JCP&L,...

Student Transportation to be acquired by investors group

Wall-based Student Transportation Inc. announced Tuesday it is being acquired by a group of investors led by Caisse de dépôt et placement du Québec and Ullico Inc. Under terms of the deal, shareholders of STI...

Assist America appoints CFO

Princeton-based Assist America Inc., a provider of global emergency assistance services, announced Wednesday it has promoted Ernesto T. Estillore to chief financial officer. Estillore joined Assits America in 2015 as director of finance. "Since joining the...

Sterling & Wilson Cogen Solutions names new CEO

Parsippany-based Sterling and Wilson Cogen Solutions LLC announced Monday it has named Thomas W. Smith its new CEO. SWCOGEN provides end-to-end solutions for combined heat and power and alternative energy applications. Smith has more than 35...

N.J. engineering, supply firm opens Va. office

Parsippany-based Acrow Bridge, an international bridge engineering and supply company, announced it has expanded its presence in the U.S. with the opening of a new office in Richmond, Virginia. The new office, according to Acrow,...

Latest Articles

All hospitals have ‘green light’ for visitation — first time during pandemic

For the first time since its inception during last fall’s COVID-19 surge, a color-coded hospital visitation guide shows all regions of New Jersey are...

EDA details rules and regs around Emerge, successor to Grow N.J.

The New Jersey Economic Development Authority board Wednesday approved the creation of the Emerge program, a new jobs-based tax credit program created under the...

Struggling with utility bills? JCP&L has new programs that can help

Jersey Central Power & Light President Jim Fakult said the utility understands many people are struggling to pay their bill — both residential and...

Developers break ground on senior housing project in E. Orange

Real estate firm Genesis Cos. has broken ground on a senior supporting housing development in East Orange, it announced Wednesday. The property at 160 Halsted...

High Technology in Freehold named top STEM high school in U.S. — one of...

Gov. Phil Murphy has long talked about creating an innovative economy in New Jersey. It appears there are a number of high schools ready...