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Business Beat

Weekly business updates in an e-newsletter

Member News — Atlantic Stewardship Bank Appoints Six New Business Development Board Members

April 30th, 2018 — Atlantic Stewardship Bank’s Board of Directors recently announced the appointment of six new members to its Business Development Boards. Members are appointed for a three-year term, during which they will promote the bank to individuals and businesses throughout the Bergen, …

Member News — Norris McLaughlin & Marcus Joel Jacobson on Panel for Meritas Member Contacts

April 30th, 2018 — Joel N. Jacobson, a Member of law firm Norris McLaughlin & Marcus, P.A., and chair of its Real Estate & Land Use Practice Group, will be a panelist for the Meritas session “Calling All Member Contacts! Learn How to Capitalize …

Member News — Dewberry’s Cozy Lake Road Bridge Receives New Jersey Concrete Award

April 30th, 2018 — Dewberry, a privately held professional services firm, has announced that the Cozy Lake Road bridge replacement project in Morris County, New Jersey, has been awarded a New Jersey Concrete Award by the New Jersey Concrete and Aggregate Association and the …

Member News — Cole Schotz Continues Expansion of IP Group with Addition of Special Counsel

April 30th, 2018 — Cole Schotz P.C. is continuing the expansion of its Intellectual Property department with the addition of Special Counsel Marcella M. Bodner in New Jersey. Ms. Bodner has nearly 20 years of experience formulating both offensive and defensive intellectual property strategies …

Member News — Hackensack Meridian Health Leads Key Panels at Vatican Health Conference ‘Unite To Cure’

April 30th, 2018 —   Hackensack Meridian Health is proud to announce that Co-CEO Robert C. Garrett, Andrew Pecora, M.D., president of Physician Enterprise and chief innovations officer and Bonita Stanton, M.D. founding dean of the Hackensack Meridian School of Medicine at Seton Hall University, will …

Member News — Valley National Bank Donates Computers to the Prospect Park Elementary School Before-and-After School Care Program

April 27th, 2018 — As part of Valley National Bank’s new “Pop-Up Moments,” representatives from Valley visited the Prospect Park Elementary School on Thursday, April 19, to deliver 10 laptop computers for their Before-and-After School Care program. These computers will support the staff’s curriculum …

Member News — LG Purchases ZKW Automotive Lighting Company for $1.33 Billion

April 27th, 2018 — ZKW enters a new dimension: On April 26, 2018, the sale of 100% of the shares in the ZKW Group by the sole owner Ulrich Mommert to LG Corporation and LG Electronics was signed. ZKW, the specialist for premium lighting …

Member News — CSG’s Environmental Group Volunteers for Earth Day 2018

April 26th, 2018 — In celebration of Earth Day 2018, CSG’s Environmental Group volunteered at the Great Swamp Watershed Association’s Conservation Management Area in Harding Township, NJ. From left: Michael Plumb, Matthew Orsini, John Soltesz III, Dennis Toft, Diana Buongiorno, David Mairo, John Valeri …

Member News — Stewardship Financial Corporation Announces the Election of Michael A. Westra as Chairman of the Board of Directors

April 26th, 2018 — Atlantic Stewardship Bank announced the election of Michael A. Westra as Chairman of the Board of Directors for Stewardship Financial Corporation and the Bank. President and Chief Executive Officer, Paul Van Ostenbridge stated, “Stewardship Financial Corporation and Atlantic Stewardship Bank …

Member News — Short-term Tax Amnesty for Delinquent NJ Taxpayers is a Good Idea, Say More Than 80 Percent of CPAs Polled by NJCPA

April 26th, 2018 — More than 80 percent of the 766 certified public accountants (CPAs) polled this week by the New Jersey Society of CPAs (NJCPA) say it is a good idea to grant a short-term tax amnesty of reduced penalties and fees to …

Member News — American Water Names New President for New Jersey

April 26th, 2018 — American Water has named Deborah Degillio senior vice president of its Eastern Division and president of New Jersey American Water, effective May 1, 2018. Degillio replaces Robert MacLean, who was named president of American Water Enterprises, encompassing the company’s market-based businesses. “I want to thank and congratulate …

Member News — NAI Hanson Helps Negotiate Long-Term Lease to Bring Laundry Products Manufacturer and Distributor to Ramsey

April 26th, 2018 — NAI James E. Hanson announces it has brokered a lease for 40,000 square feet of industrial space to Handy Laundry at 50 Spring Street in Ramsey, N.J. NAI Hanson’s Kenneth Lundberg, SIOR, Gary Sauerborn, and Patrick Lennon represented the landlord, Yankee …

Member News — Lieutenant Governor Kim Guadagno Joins Connell Foley as Partner

April 26th, 2018 — Connell Foley LLP is pleased to announce the Honorable Kim Guadagno has joined the firm as a Partner. She will practice out of the firm’s Jersey City office. “Lt. Governor Kim Guadagno is an outstanding addition to Connell Foley,” said …

CIANJ Supports the Proposed North Bergen Liberty Generating Facility

April 25th, 2018 — Statement from Anthony Russo, president of the Commerce & Industry Association of New Jersey on the North Bergen Liberty Generating Facility: “The Commerce and Industry Association of New Jersey is a strong voice for the expansion and improvement of businesses …

Member News — New Jersey Society of CPAs Awards Scholarships to 70 NJ Students

April 25th, 2018 — The New Jersey Society of Certified Public Accountants (NJCPA) awarded nearly $375,000 in scholarships to 70 New Jersey high school and college students at its 58th Annual Scholarship Awards Ceremony held at the Pines Manor in Edison on April 24. …

Member News — LAN Ranks as a Top Ten Architectural Firm in New Jersey

April 25th, 2018 — NJBIZ announced LAN Associates to the New Jersey Top Architectural Firms List in the April 9th publication. The firm jumped eight spots ahead from last year to rank within the Top Ten Firms in New Jersey. “Over the years, our …

Member News — NAI James E. Hanson Negotiates Long-Term Lease for New 271,176-Square-Foot Industrial Building in Mahwah, N.J.

April 25th, 2018 — NAI James E. Hanson announces it has brokered a lease with Snow Joe DC, LLC, for Sitex Group’s new 271,176-square-foot industrial building at 100 Performance Drive in the Stateline Business Park in Mahwah, N.J. NAI Hanson’s Kenneth Lundberg, SIOR, and Patrick …

Member News — Mary’s Place By The Sea Is Latest Columbia Bank Foundation Donation Recipient

April 24th, 2018 — Columbia Bank, through their Columbia Bank Foundation, recently made a $10,000 donation to Mary’s Place By The Sea, an Ocean Grove-based respite care facility for women receiving cancer treatment. Shown participating in a special presentation are Michelle Gannon (left), President …

Member News — Lakeland Bank Announces Nine New Hires

April 24th, 2018 — Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following appointments. Joseph Cranwell has been hired as Vice President, Commercial Relationship Manager for the Middlesex/Monmouth Commercial Lending Team based in Iselin. He was most recently a …

CIANJ Supports The Time is Now Action Coalition

April 20th, 2018 — New Jersey’s First Lady Tammy Murphy was the featured speaker at press conference organized by the Time is Now Action Coalition, founded by Assemblywoman Valerie Vainieri Huttlle and the YWCA of Bergen County, in response to the #MeToo movement to …

Member News — Atlantic Stewardship Bank Donates $5,000 to Daytop New Jersey, Inc.

April 19th, 2018 — Atlantic Stewardship Bank (ASB) recently presented Bill Keenan, CFO of Daytop New Jersey with a $5,000 donation made through the Bank’s unique Tithing Program. ASB is privileged to be the only U.S. bank that tithes or gives back 10% of …

Member News — LAN Recognized as a Top Environmental Company

April 19th, 2018 — NJBIZ recently named LAN Associates as one of New Jersey’s top environmental firms. The recognition appeared in their April 2nd edition, which listed the Top 25 Environmental Firms in the state. The firm rose to a 14th place ranking this …

Member News — New Jersey Institute of Technology (NJIT) Will Host the Launch of Phase 1 of the NJIT Campus Gateway MLK Project

April 18th, 2018 — In September 2007, New Jersey Institute of Technology, in cooperation with other area stakeholders, created the Gateway Development Plan for the redevelopment and rehabilitation of approximately 21.5 acres of land located within the University Heights area of the City of …

Member News — Hackensack Meridian Health Named one of 150 Best Places to Work by Becker’s Healthcare

April 18th, 2018 — Hackensack Meridian Health, New Jersey’s largest and most integrated health care network, is pleased to announce that it has been included in “150 Top Places to Work in Healthcare 2018’’ released this month by Becker’s Healthcare. “We are honored to …

Member News — Alzheimer’s Association Is Latest Columbia Bank Foundation Grant Recipient

April 17th, 2018 — Columbia Bank, through their Columbia Bank Foundation, recently presented a $10,000 community grant to the Alzheimer’s Association.  The grant will be used to help this charitable organization support those suffering from Alzheimer’s disease, the sixth leading cause of death in …

Member News — McLaren Engineering Group Announces Plans to Expand to Bergen County

April 17th, 2018 — McLaren Engineering Group announced today it will expand to Bergen County, NJ, in August 2018. McLaren signed a 12-year lease on a 57,000-square-foot Class A building at 530 Chestnut Hill Road in Woodcliff Lake, which has the capacity for over 250 …

Member News — Berkeley College Honors Military & Veteran Students and Graduates

April 17th, 2018 — The Veterans Graduation Salute of 2018 held on April 5, 2018, at the Terrace in Paramus, NJ, celebrated the achievements of 59 student-veterans who are graduating from Berkeley College and transitioning into civilian careers. This year’s salute also included the …

Member News — Richard W. Henning Honored with a United Hospital Fund 2018 Distinguished Trustee Award

April 17th, 2018 — Hackensack Meridian Health is pleased to announce that Richard W. Henning, co-chair of the Hackensack Meridian Health Hospitals Corporation Board of Trustees, has been honored with a United Hospital Fund 2018 Distinguished Trustee Award. “I want to congratulate Rich Henning …

Member News — Investors Bank CEO Kevin Cummings to be Inducted Into the New Jersey Business Hall of Fame

April 17th, 2018 — Junior Achievement of New Jersey will induct Investors Bank CEO Kevin Cummings into the New Jersey Business Hall of Fame this Thursday, April 19. Cummings will be honored along with Michele Siekerka, the President and CEO of NJBIA and Kenneth …

Member News — Peapack-Gladstone Bank Hires Brydget Falk-Drigan as Executive Vice President, Chief Human Resources Officer

April 17th, 2018 — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Brydget Falk-Drigan as Executive Vice President, Chief Human Resources Officer at Peapack-Gladstone Bank. Ms. Falk-Drigan will oversee the Bank’s Human Resources function, …

Member News — Four Dewberry Projects Recognized with ACEC NY Engineering Excellence Awards

April 17th, 2018 — Dewberry, a privately held professional services firm, will receive four Engineering Excellence Awards from the American Council of Engineering Companies of New York (ACEC – NY) during the 2018 Engineering Excellence Awards gala on April 7, 2018. The Engineering Excellence …

Member News — Hackensack University Medical Center Earns Top-Tier Accreditation from the National Association of Epilepsy Centers

April 17th, 2018 — Hackensack Meridian Health Hackensack University Medical Center is pleased to announce that it has received a two-year National Association of Epilepsy Centers (NAEC) accreditation at Level 4, the top level of accreditation presented by the NAEC. “I want to commend …

Member News — Atlantic Stewardship Bank Awarded 5-Star Rating

April 17th, 2018 — BauerFinancial, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm, is proud to announce that Atlantic Stewardship Bank, Midland Park, New Jersey has once again secured its highest, 5-Star rating. (A five-star rating indicates the bank excels in areas of …

Member News — Riker Danzig Partner Reappointed to Law360 Transportation Editorial Advisory Board

April 17th, 2018 — Morristown-based law firm Riker Danzig Scherer Hyland & Perretti LLP is proud to announce that Partner Ronald Leibman, Co-Chair of Riker Danzig’s Transportation and Logistics Group, has been reappointed to the Law360 Transportation Editorial Advisory Board for 2018. The purpose …

Member News — Berkeley College Senior Vice President for Government Relations Named Leading Executive in Higher Education

April 17th, 2018 — Teri Duda, Senior Vice President, Berkeley College Government Relations, was recognized for her contributions to education during a Women’s History Month ceremony held at the Borough Council meeting on April 4, 2018, in Woodland Park, NJ. Ms. Duda was one …

Member News — Jeanne Hamburg and Danielle DeFilippis Presenters at FoodBiz NJ Conference

April 13th, 2018 — Jeanne Hamburg and Danielle M. DeFilippis, Members of law firm Norris McLaughlin & Marcus, P.A., will present the breakout session, “Appetite for Branding,” during the FoodBiz NJ conference, sponsored by NJBIZ, on Tuesday, April 24, at The Palace at Somerset …

Member News — American Water Announces Agreement to Acquire Pivotal Home Solutions

April 13th, 2018 — American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that it has agreed to acquire Pivotal Home Solutions from Southern Company Gas, a subsidiary of Southern Company, for approximately $365 million in cash, including estimated working …

CIANJ’s Spring Calendar Filled with Headline Events

April 12th, 2018 — The staff at CIANJ have been working overtime to plan value-added programs this spring that will not only inform you but will connect you and your company to key decision makers in Trenton. From the Lieutenant Governor to the new …

Member News — Archer Associate Selected to Receive Rutgers-Camden Chancellor’s Award for Alumni Civic Engagement

April 12th, 2018 — Robert L. Ransom, an Associate in Archer’s Haddonfield office, has been selected to receive the Rutgers-Camden Chancellor’s Award for Alumni Civic Engagement. Every day, Rutgers University–Camden students, faculty, staff, alumni, and community partners work to advance the communities of southern New …

Member News — National Engineering And Environmental Firm Gives Back To Arizona Water Community

April 12th, 2018 — Throughout February and March of this year, the AZ Water Utility Business and local companies offered basic information and training to operators who manage groundwater pumping wells.  These forums were held in Tucson, Goodyear and Scottsdale and can be seen …

CIANJ RESPONDS TO ACTING STATE TREASURER ELIZABETH MUOIO’S BUDGET TESTIMONY

April 11th, 2018 — PARAMUS (April 11, 2018) – “It was disconcerting to hear Acting State Treasurer Elizabeth Muoio affirm the need to significantly raise taxes in her testimony before the Senate Budget Committee yesterday,” said CIANJ President Anthony Russo. “If the state continues …

Member News — Procida Funding Finishes First Quarter of 2018 With Three Loans for $5,860,000

April 11th, 2018 — Procida Funding is pleased to announce that its 100 Mile Fund recently closed on three loans for a total of $5,860,000 on retail centers in Washington Township, West Orange Township and Kingwood Township. “Projects like these are ideal for the …

Member News — Atlantic Stewardship Bank Donates Over $738,000 to Support Community

April 10th, 2018 — Atlantic Stewardship Bank (ASB) recently made the announcement that, over the past twelve months, it has donated over $738,000 in charitable contributions to more than 285 recipients. Through the Bank’s unique Tithing Program, ASB is privileged to be the only …

Member News — Higgins Joins Provident Bank as Senior Vice President, Relationship Manager/Team Leader in the Commercial Lending Division

April 10th, 2018 — James Higgins of Bethlehem, Pa. has joined Provident Bank as Senior Vice President, Relationship Manager/Team Leader in the bank’s Commercial Lending Division. He is based in Provident’s Lehigh Valley Regional Office and is responsible for working with local companies in the Lehigh Valley …

Member News — John Cromie of Connell Foley to be Honored at Inaugural Lawyers & Accountants Dinner

April 9th, 2018 — John Cromie, Chair of Connell Foley’s Corporate and Business Law Group, will be honored at the inaugural “Lawyers and Accountants Dinner” benefitting Eva’s Village, a local anti-poverty non-profit that strives to be a model social service organization dedicated to helping people …

Member News — Grassi & Co. Introduces Cyber and Information Security Practice (CIS)

April 9th, 2018 — Grassi & Co. is proud to announce that we will be offering additional consulting services through our new Cyber and Information Security Practice, which will be spearheaded by Karl Kispert. Appearing in the news regarding a security breach of company …

Member News — Sills Cummis & Gross Welcomes Yaakov Pollak

April 6th, 2018 — Sills Cummis & Gross is pleased to announce the addition of Yaakov Pollak as an Associate to the Sills Cummis & Gross Corporate Practice Group. Mr. Pollak focuses on health care related entities. Prior to joining the Firm, Mr. Pollak …

Member News — TD Bank Names John J. Lim Business Development Officer in Asset Based Lending for Upper Mid-Atlantic Region

April 6th, 2018 — TD Bank, America’s Most Convenient Bank®, has named John J. Lim as Senior Vice President, Business Development Officer in Asset Based Lending. Based in New York City, he is responsible for delivering ABL financing solutions to new and existing middle …

Member News — Columbia Bank “Teams Up” With CUMAC

April 6th, 2018 — This volunteer crew of Columbia Bank employees recently teamed up with the Center of United Methodist Aid in the Community (CUMAC) food bank in Paterson to sort and distribute food to needy residents.  The CUMAC facilities, located at 223 Ellison …

Member News — Columbia Bank Participates in Boys & Girls Club Reading Program

April 6th, 2018 — Team Columbia volunteers recently served as “Reading Heroes” at the Boys and Girls Club of Passaic.  Shown are the bank’s volunteers who participated in this reading literacy program. The special program is designed to encourage reading to inner city elementary …

Member News — Dewberry’s Rebuild by Design Hudson River Project Wins Grand Honor Award at ACECNJ, National ACEC Recognition Award

April 6th, 2018 — Dewberry, a privately held professional services firm, has announced that the Rebuild By Design Hudson River project has won the Grand Honor award for non-transportation projects at the American Council of Engineering Companies of New Jersey’s (ACECNJ) annual Engineering Excellence …

Member News — Stephen T. Boswell Elected Chairman of the Stevens Institute of Technology Board of Trustees

April 5th, 2018 — Stevens Institute of Technology president Nariman Farvardin today announced that Stephen T. Boswell C.E. ’89 Ph.D. ’91 Hon. D.Eng. ’13 was elected chair of the Stevens Institute of Technology Board of Trustees. Dr. Boswell’s term as chair will begin May …

Member News — Jeralyn Lawrence to Speak on Relocation after Bisbing v. Bisbing

April 5th, 2018 — Jeralyn L. Lawrence, a Member of law firm Norris McLaughlin & Marcus, P.A., member of its Management Committee, and Chair of the Matrimonial & Family Law Practice Group, will speak on relocation after the recent New Jersey Supreme Court Case, …

Member News — Dewberry’s Lauren Ohotzke Named ACEC NJ 2018 Young Professional of the Year

April 5th, 2018 — Dewberry, a privately held professional services firm, has announced that transportation engineer Lauren Ohotzke, PE, has been named Young Professional of the Year for 2018 by the American Council of Engineering Companies’ New Jersey Chapter (ACECNJ). Ohotzke will accept the …

Member News — Steven H. Santoro, Former NJ TRANSIT Executive Director, Joins Dewberry

April 4th, 2018 — Dewberry, a privately held professional services firm, recently welcomed Steven H. Santoro as its director of rail and transit. Santoro joins Dewberry from NJ TRANSIT, where he most recently served as the agency’s executive director. His responsibilities included directing 11,000 …

Member News — Greenbaum, Rowe, Smith & Davis Announces Formation of Cannabis Industry Practice Group

April 4th, 2018 — Greenbaum, Rowe, Smith & Davis LLP, one of New Jersey’s leading business law firms, announces the launch of a multi-disciplinary Cannabis Industry Practice Group, formed to meet the needs of both existing and future firm clients as New Jersey moves …

Member News — The DAK Group Launches New Report: Middle-Market M&A Transaction Trends 2018

April 4th, 2018 — The DAK Group, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces the release of Middle-Market M & A Transaction Trends 2018, a report that identifies how the M & A landscape for middle market companies has …

CIANJ’s Testimony in Front of the Senate Budget & Appropriations Committee

April 4th, 2018 — Below is the testimony delivered by CIANJ President Anthony Russo to the Senate Budget & Appropriations Committee at their hearing at Rowan University yesterday: Good afternoon Chairman Sarlo and members of the committee. My name is Anthony Russo. I am …

Member News — New Jersey Manufacturing Extension Program Welcomes New Employees

April 3rd, 2018 — New Jersey Manufacturing Extension Program (NJMEP) welcomes eight new employees to further support the company’s ongoing expansion and on-going support of the manufacturing industry.  The new employees will lend their expertise to assist in key business aspects, such as sales, …

Members News — Name Change for Meyerson, Fox, Mancinell & Conte, P.A.

April 2nd, 2018 — Please note that as of April 1, 2018 Rubenstein, Meyerson, Fox, Mancinelli, Conte & Bern, P.A. has changed its name to Meyerson, Fox, Mancinelli & Conte, P.A.  All firm phone numbers, office locations and legal services will remain the same.  We …

Member News — Kearny Financial Corp. Completes Merger with Clifton Bancorp Inc.

April 2nd, 2018 — Kearny Financial Corp. (Nasdaq:KRNY) (“Kearny”), the holding company for Kearny Bank, announced today the successful closing of the previously announced acquisition of Clifton Bancorp Inc. (Nasdaq:CSBK) (“Clifton”) and its Clifton Savings Bank subsidiary. Under the terms of the merger agreement, …

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    The mission of Commerce and Industry Association is to be the leader in free enterprise advocacy for the purpose of fostering, through education, legislative vigilance and membership interaction, an economic climate that enhances business potential and makes New Jersey a better state in which to live, work and conduct business.

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