Steven R. Scheyer will replace Joseph A. Falsetti as the new president and CEO of Ascendia Brands, effective March 12. Shares of the Hamilton-based

Consumer electronics maker Syntax-Brillian has signed on as marketing partner of the Prudential Center, the Newark-based sports and entertainment stadium now under construction. The four-year agreement will highlight Tempe, Ariz.-based Syntax-Brillian’s Olevia brand of high definition televisions (HDTV) through signage and other on-property brand

Cytec Industries in West Paterson will build a new facility in Greensville, S.C., for its carbon fiber expansion project. Construction is slated to begin in 2008 with operations at the plant to commence in 2010. Cytec is investing $150 million into

Smart Energy Solutions in Clifton, maker of the Battery Brain power-management accessory for vehicles, will sell its Marine Battery Brain products through water sports dealer Overton’s in Greenville, N.C. Battery Brain monitors

Around the State - South Jersey

Hitachi Power Systems America, a Basking Ridge-based subsidiary of Hitachi America that supplies equipment and services to the power generation market, today announced that it has been awarded a contract to design an air-quality control system (AQCS) for Minnesota Power. Financial terms were not disclosed. The system, to commence operation by the...

West Orange-based EarthColor has purchased four of Xerox’s (NYSE: XRX) iGen3 110 digital production presses and Xerox’s patented “Free Flow” workflow software that the commercial printer expects will allow it to print 15 million pages within the first year of operation. Company officials say the machines will allow it to meet the growing needs of...

Fenway Partners today announced plans to acquire a majority interest in Gemini Traffic Sales, an Edison-based trucking company, for an undisclosed amount. New York City-based Fenway

Sealed Air, maker of food and protective packaging materials and systems, sold its 50 percent interest in PolyMask, a joint venture between the Elmwood Park-based company and 3M, to 3M for about $36 million. St. Paul, Minn.-based 3M is a diversified manufacturer whose

More companies are banking on innovations than on existing products

Biz Briefs

Biz Briefs