NJBIZ - NJBIZ Daily News http://www.njbiz.com/section/daily NJBIZ Daily News News en-us Copyright 2015 NJBIZ Sat, 18 Apr 2015 21:37:05 EST Sat, 18 Apr 2015 21:37:05 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419817&source=RSS MA firm brokers pair of sales Benjamin Ross Group, a merger-and-acquisition brokerage with offices in Princeton, recently wrapped up a pair of deals, it said Friday. Fri, 17 Apr 2015 12:44:00 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419817&source=RSS http://www.njbiz.com/article/20150417/NJBIZ01/150419818&source=RSS Marketsmith raises its own minimum wage to 15 per hour Marketsmith Inc. founder and CEO Monica Smith has been advocating the raise of the national minimum wage to 15. Fri, 17 Apr 2015 12:18:00 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419818&source=RSS http://www.njbiz.com/article/20150417/NJBIZ01/150419820&source=RSS Clarion Partners purchases site in South Brunswick to transform into warehouse center Commercial real estate services provider DTZ announced Friday the purchase of a 20-acre site in South Brunswick. Fri, 17 Apr 2015 11:22:00 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419820&source=RSS http://www.njbiz.com/article/20150417/NJBIZ01/150419821&source=RSS FDU appoints new executive director of Rothman Institute Fairleigh Dickinson University announced the appointment of Joseph V. Gulfo as executive director of The Rothman Institute of Innovation and Entrepreneurship on Thursday. Fri, 17 Apr 2015 11:14:00 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419821&source=RSS http://www.njbiz.com/article/20150417/NJBIZ01/150419827&source=RSS N.J. credit rating downgraded again by Moody's Driven by what Moody's Investors Service calls a &#8220lack of improvement in the state's weak financial position and large structural imbalance,&#8221 the Wall Street credit rating agency issued a downgrade Thursday of New Jersey's general obligation bonds, from A1 to A2. Fri, 17 Apr 2015 10:42:00 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419827&source=RSS http://www.njbiz.com/article/20150417/NJBIZ01/150419834&source=RSS Hudson City, MT extend merger deadline again The long-planned merger of Hudson City Bancorp Inc. and MT Bank Corporation may take a little longer, as the banks announced Friday they have extended the deadline for the deal to Oct. 31. Fri, 17 Apr 2015 09:35:00 EST http://www.njbiz.com/article/20150417/NJBIZ01/150419834&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419848&source=RSS NAI Hanson facilitates industrial space lease in Clifton Commercial real estate firm NAI Hanson announced Thursday that it has facilitated a lease for 34,500 square feet of industrial space in Clifton. Thu, 16 Apr 2015 13:42:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419848&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419849&source=RSS Real estate investment firm moves to Montvale office building Less than a year after JD Companies acquired a Class A office building in Montvale, it has reached full occupancy, according to Cushman Wakefield. Thu, 16 Apr 2015 13:31:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419849&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419852&source=RSS Property manager hired to handle three sites Paramus-based property management firm Hirschman Realty Management has signed contracts to oversee three properties, it said recently. Thu, 16 Apr 2015 12:27:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419852&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419853&source=RSS New Jersey lost 6,400 jobs in March, data show New Jersey lost private-sector jobs in March, according to preliminary figures released Thursday by the state Department of Labor and Workforce Development. However, February's previously released estimate was revised upward in final data, it said. Thu, 16 Apr 2015 12:08:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419853&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419854&source=RSS Stronger dollar is hurting manufacturers' overseas sales, Philly Fed says The stronger dollar is having a slightly negative impact on manufacturers, according to the April regional economic survey by the Federal Reserve Bank of Philadelphia, which includes southern New Jersey. Thu, 16 Apr 2015 11:48:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419854&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419856&source=RSS Catalent completes 52M manufacturing expansion at Kentucky facility Catalent Pharma Solutions, a business unit of the Somerset-based provider of delivery technologies and development solutions Catalent Inc. , announced Thursday that it has finished its 52 million expansion at its Winchester, Kentucky, manufacturing facility. Thu, 16 Apr 2015 11:05:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419856&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419857&source=RSS Ansell announces line of gloves featuring new safety technology Ansell, an Iselin-based global leader in safety solutions, announced Thursday an innovative product line that may inform the direction of the company moving forward. Thu, 16 Apr 2015 11:00:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419857&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419859&source=RSS Hill International acquires Turkish project management firm Construction risk-management firm Hill International announced Wednesday that it has acquired a Turkish project management firm. Thu, 16 Apr 2015 10:38:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419859&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419861&source=RSS Vonage names chief marketing officer as it moves into B2B arena Cloud communications company Vonage Holdings Corp. said Thursday it has named a new chief marketing officer to head up its strategic efforts targeted at businesses and consumers. Thu, 16 Apr 2015 09:55:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419861&source=RSS http://www.njbiz.com/article/20150416/NJBIZ01/150419872&source=RSS No slowdown in Q1 for New Jersey industrial market, Cushman Wakefield says New Jersey&#8217s booming industrial market didn&#8217t skip a beat in the first quarter, as a steady stream of large deals helped fill new space and drive the strongest leasing activity in the past year. Thu, 16 Apr 2015 07:55:00 EST http://www.njbiz.com/article/20150416/NJBIZ01/150419872&source=RSS http://www.njbiz.com/article/20150415/NJBIZ01/150419880&source=RSS Garrett to step down as head of Hackensack's hospital but maintain his role atop the health network In a move he called &#8220bittersweet,&#8221 Robert C. Garrett announced Tuesday night that he will step down as the CEO and president of Hackensack University Medical Center. Wed, 15 Apr 2015 12:22:00 EST http://www.njbiz.com/article/20150415/NJBIZ01/150419880&source=RSS http://www.njbiz.com/article/20150415/NJBIZ01/150419881&source=RSS Developers to transform former Glaxo building in Clifton Tulfra Real Estate and The Hampshire Cos. are planning to transform a former Glaxo SmithKline manufacturing plant in Clifton into a new single-tenant industrial building, the firms said. Wed, 15 Apr 2015 12:07:00 EST http://www.njbiz.com/article/20150415/NJBIZ01/150419881&source=RSS http://www.njbiz.com/article/20150415/NJBIZ01/150419884&source=RSS Yorktel wins NASA contract that could be worth millions of dollars Eatontown-based communications company Yorktel has been awarded a NASA contract that could potentially be worth tens of millions of dollars, it said Wednesday. Wed, 15 Apr 2015 11:07:00 EST http://www.njbiz.com/article/20150415/NJBIZ01/150419884&source=RSS http://www.njbiz.com/article/20150415/NJBIZ01/150419885&source=RSS River Edge-based Halocarbon appoints new CEO A River Edge-based producer of specialty fluorochemicals and inhalation anesthetics announced Wednesday it has appointed David Bacon its new CEO, effective April 28. Wed, 15 Apr 2015 10:51:00 EST http://www.njbiz.com/article/20150415/NJBIZ01/150419885&source=RSS