ROI-NJ

07/05/2024

Ryan of First Bank installed as chair of New Jersey Bankers Association

The New Jersey Bankers Association recently installed a new slate of officers for its 2024-2025 fiscal year, including Patrick Ryan of First Bank as chair, Craig Montanaro of Kearny Bank as first vice chair and Elizabeth Magennis of ConnectOne Bank as second vice chair. Ryan said he is eager for the...

07/04/2024

ROI-NJ is closed today in observance of Independence Day. We'll be back tomorrow to bring you all the business news you need from around the Garden State.

07/04/2024

Dennis Ackerman retires from Bel Fuse after 37 years; Steve Dawson appointed as president of power and protection segment

West Orange-based Bel Fuse Inc. on Monday announced that after 37 years of service Dennis Ackerman will retire from the company effective July 31. Ackerman has served as president of Bel Power Solutions and Protection since 2014. Steve Dawson, who most recently served as vice president of marketing....

07/03/2024

ETS appoints former Amazon global director as managing director of Higher Education to Workforce | https://bit.ly/3zq1gGZ

07/03/2024

Imperial Dade Canada adds scale in the Atlantic Provinces, acquires Pro-Tech Sanitation

Jersey City-based Imperial Dade has acquired Pro-Tech Sanitation, Ltd. in St. John in the province of New Brunswick, Canada. The transaction represents the 89th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, chairman and CEO of Imperial Dade, respectively. Financial t...

07/03/2024

Luxury bedding and furniture store DeRUCCI to open at American Dream Mall in Meadowlands

DeRUCCI, a high-end bedding and furniture brand is opening a 2,100-square-foot store inside American Dream Mall in East Rutherford. This is DeRUCCI’s first store in New Jersey and only its third location in the United States. DeRUCCI offers customers with a wide range of luxurious couches and matt...

07/03/2024

Private-sector employment rose in June; however, although solid, job growth has not been broad-based. Employment rose by 150,000 jobs last month and annual pay was up 4.9%, according to the most recent ADP National Employment Report.

Private-sector employment rose in June; however, although solid, job growth has not been broad-based. Employment rose by 150,000 jobs last month and annual pay was up 4.9%, according to the most recent ADP National Employment Report, released Wednesday. “Had it not been for a rebound in hiring in ...

07/03/2024

From Military Matters by ROI-NJ | ‘Do AC’ does for military and veterans: Exclusive discounts for summer (and beyond) at casinos and hotels

Atlantic City casinos and hotels lay out the welcome mat for active-duty military service members, veterans and their spouses during the summer, with exclusive discounts on everything from room rates to meals and snacks, to beach time and spas. Valid military IDs are required to claim the discounts....

07/03/2024

Wall-to-wall movie action: Largest ScreenX auditorium in the world coming to American Dream

American Dream prides itself on being a little extra. So, it’s no surprise that when B&B Theatres brings its cinema and entertainment experience to its first location in New Jersey, it is bringing the world’s largest ScreenX auditorium in the world. ScreenX, developed by CJ 4DPLEX, is the world....

07/03/2024

From Military Matters by ROI-NJ | BofA gives $50K grant to Community Hope to help assist who are homeless or suffering from mental illness

Bank of America has awarded a $50,000 grant to Community Hope, a New Jersey-based nonprofit that provides the necessities of life to homeless veterans and those with severe mental diagnoses, and their families. These necessities include essential shelter, food, clothing and medicine. Community Hope....

07/03/2024

WATCH ON ROI-NJ: ‘State of Affairs’ examines impact of Hispanic business community on U.S. economy

Steve Adubato welcomes Arturo Osorio, Ph.D., associate professor of entrepreneurship at Rutgers Business School and secretary of the board at the Statewide Hispanic Chamber of Commerce of New Jersey, to highlight the Hispanic community’s impact on the U.S. economy and the ongoing discrimination me...

07/03/2024

Op-Ed from Military Matters | "Among many challenges we face in the military, substance use disorders are an all too common, distressing and — notably — underdiscussed reality," writes LeoDante Ognibene, CEO at Recovery Centers of America at Raritan Bay.

Among many challenges we face in the military, substance use disorders are an all too common, distressing and — notably — underdiscussed reality. While the use of drugs and alcohol among veterans of the armed forces is a known issue, substance abuse among active-duty members is itself a signific...

07/03/2024

From Military Matters by ROI-NJ | How to help children of with back-to-school supplies

Operation Homefront needs help to provide children of New Jersey’s military families with backpacks and school supplies for the upcoming school year. The 17th annual Back to School Brigade, a national campaign driven by Operation Homefront to collect and distribute backpacks and school supplies to...

07/03/2024

Distinctive Living acquires Validus Senior Living to expand its national footprint

Distinctive Living has acquired Validus Senior Living Management, which indicates a significant expansion, bringing 10 Inspired Living communities across three states under its management, in addition to other Validus communities. Freehold-based Distinctive Living, under the leadership of CEO Joseph...

07/03/2024

From Military Matters by ROI-NJ | Hundreds greet Battleship New Jersey on its return to Camden Waterfront | https://bit.ly/3XOr21J

07/03/2024

Op-Ed from Military Matters by ROI-NJ | "This is a great time to consider the military and veteran families in our communities and how we can support them," writes Vicky Perkins, senior director of impact programs at Blue Star Families.

Vicky Perkins of Blue Star Families. – Blue Star Families As the Fourth of July approaches, communities gather to celebrate, reflect and express gratitude for the freedoms we enjoy. This holiday is especially poignant for those who have served to protect these freedoms. However, while fireworks an...

07/03/2024

VNA Health Group announces leadership transition in hospice and palliative care

After eight years of service at VNA Health Group in Neptune, Dr. Marianne Holler, chief medical officer for hospice, palliative medicine and the Parker Advanced Care Institute, will transition from her full-time role to an advisory position with the organization as she prepares for retirement. Dr. A...

07/03/2024

From Military Matters by ROI-NJ | Combat the Silence: How Blue Star Families is confronting stigma around mental health

Blue Star Families is bringing reinforcements to the military’s fight against an insidious and seemingly relentless enemy: mental health issues. The explosive growth of mental health issues is affecting active-duty military service members, veterans and their families, which, in turn, is fueling r...

07/03/2024

Meet our incredible Mindset Matters partner, Caryl Communications, a top New Jersey public relations and marketing firm.

For four decades, they've been dedicated to promoting clients' brands and successes with unmatched expertise. Join us at Mindset Matters on July 18th to see how their commitment to excellence supports women's wellness and networking.

Register for Mindset Matters here: https://bit.ly/4cAok4m

07/03/2024

CytoSorbents secures $20M credit facility

Princeton-based CytoSorbents Corp. recently entered into a new $20 million credit facility with Avenue Capital Group. The critical care immunotherapy company, which is noted for its blood purification technology, said the agreement, which has an initial term of three years, provides up to $20 millio...

07/03/2024

Lico Transport leases 2-acre site for trailer parking and storage in Kearny

The Advance Industrial Team of Bussel Realty Corp. has successfully leased 2 acres of industrial outdoor storage at 80 Campus Drive in Kearny to Lico Transport. Anthony Rittwager, senior vice president, and Matthew Phillips, director of asset services of the Advanced Industrial Group of BRC, represe...

07/03/2024

Larken Associates breaks ground on 50K sq. ft. flex industrial/warehouse building in Flemington

Construction has commenced at Flemington Junction Business Center II, a 50,000-square-foot flex industrial/warehouse building located at 20 Minneakoning Road in Flemington, according to a Tuesday announcement from Branchburg-based developer Larken Associates. Construction of the building is being ma...

07/03/2024

Feds give key approval to Atlantic Shores offshore wind project

The U.S. Department of the Interior approved the proposed Atlantic Shores South offshore wind farm in New Jersey on Tuesday, giving a major boost to a project that would be the state’s first. To be clear, the project still requires an additional federal approval of its construction and operations ...

07/03/2024

Porzio, Bromberg & Newman adds principal to lead emerging technology practice expansion

Jill Williamson has joined the Morristown-based law firm Porzio, Bromberg & Newman P.C. as a principal to spearhead the development of an emerging technology practice, according to a Monday announcement. Building upon the firm’s strong foundation across practice groups, this strategic investment m...

07/02/2024

CLA announces career advancements, including 17 professionals in New Jersey

Livingston-based CLA, CliftonLarsonAllen LLP, the eighth-largest accounting firm in the U.S., announced career advancements for professionals across the country, including 17 in the Garden State, all effective July 1. Twice each year, CLA recognizes its professionals for their exceptional contributi...

07/02/2024

Alfred Sanzari Enterprises’ key figure in leasing and marketing announces retirement

Hackensack-based real estate firm Alfred Sanzari Enterprises on Monday announced that Jerry Barta, director and vice president of leasing and marketing, will retire after 30 years of dedicated service. Christopher DeLorenzo was named as his successor. DeLorenzo joins the firm from the Birch Group, w...

07/02/2024

New Jersey industrial leasing activity remains robust; office leasing continues to slow

New Jersey’s industrial market experienced strong leasing activity in the second quarter, while office leases exhibited a continued slowdown with tenants increasingly favoring central, modern office spaces, according to Cushman & Wakefield‘s latest statistics for North and Central Jersey. “The...

07/02/2024

TCC signs 342K-sq.-ft. industrial lease at Arsenal Trade Center in Sayreville

JW Fulfillment Inc., a wholesale distribution company, leased 342,371 square feet at Arsenal Trade Center — a 1 million-square-foot logistics center in Sayreville, according to a Tuesday announcement from real estate developer Trammell Crow Co. Located at 99 Callahan Blvd., Arsenal Trade Center wa...

07/02/2024

Mindset Matters! and mindfulness does, too: Join ROI-NJ for our women’s wellness and networking event

Did you know that 42.5 million people in the U.S. say they suffer from anxiety — with women acknowledging anxiety at twice the rate of their male colleagues — and 280 million people struggle with depression worldwide? While these statistics are staggering, they are probably not too surprising. A...

07/02/2024

Freehold-based law firm Lyons & Associates on Monday announced that Marie Bucci has been elevated to senior associate.

Freehold-based law firm Lyons & Associates on Monday announced that Marie Bucci has been elevated to senior associate. Bucci has dedicated her practice to family law, often focusing on complex matrimonial matters. She frequently handles cases related to domestic violence, child custody and visitatio...