NRG to Designate Houston As Sole HQ
Carnegie Center-based NRG Energy has announced plans to designate its office in Houston, Texas, as its sole corporate headquarters. The Houston office had previously served as a second headquarters for the company along with its Carnegie Center office.
The move, cited as a means of simplifying operations, comes months after NRG’s acquisition of Houston-based Direct Energy was completed in January.
The Princeton office will remain open as an additional hub of operations, meaning that no New Jersey-based employees will be required to relocate to Texas.
“The move to a single headquarters simplifies business operations, as a significant portion of the Company’s employees and customers reside in Texas,” the company said in a quarterly report.
“NRG will maintain regional offices in the markets that it serves as the company continues to grow. As the company makes progress against Direct Energy integration milestones, it will continue to evaluate real estate needs and consolidate as appropriate.”
NRG originally moved its headquarters from Minneapolis in 2004 and occupied roughly 80,000 square feet at 211 Carnegie Center. In 2016 the company expanded into the newly constructed building at 804 Carnegie Center. NRG holds a 15-year lease on the 130,000-square-foot building.
St. Francis Medical Center to Join Capital Health
St. Francis Medical Center in Trenton has signed a letter of intent to join Hopewell-based Capital Health.
St. Francis, which serves Mercer and Burlington counties in New Jersery as well as part of Bucks County, Pennsylvania, is currently part of Michigan-based Trinity Health. Trinity is a Catholic system; the combined St. Francis and Capital Health system would be non-denominational.
Capital Health operates hospitals in Hopewell and Trenton as well as a network of regional outpatient care facilities.
“From its founding as the city’s first hospital in 1874 to its important role as an acute care teaching hospital and Mercer County’s only provider of comprehensive cardiac surgery, St. Francis Medical Center has always put the needs of Trenton and surrounding neighborhoods first,” Al Maghazehe, CEO and president of Capital Health, said in a statement. “This approach aligns very well with Capital Health’s mission, and we are committed to our shared vision of providing the highest level of care for the community.”
The letter of intent is non-binding and represents the first step in the development of a framework for a combined healthcare system.
NJ Biopharmaceuticals, 675 Route 1, Suite B129, North Brunswick 08902. Nareshkumar Jain, president, CEO, and chairman. www.njbio.com.
NJ Biopharmaceuticals — a contract research organization providing chemistry and biology services to the pharmaceutical and biotech sectors —is moving its headquarters from North Brunswick to the former Bristol-Myers Squibb campus on Carter Road.
The company anticipates occupying 35,000 square feet of laboratory space at 350 Carter Road by July 1. It has plans for continued growth there as well as at its chemistry facility in Bristol, Pennsylvania.
“This new location, well-equipped with the latest instruments and staffed by exceptional scientists, will ensure that NJ Bio continues to remain an outstanding partner to our clients, delivering high value and results for their most challenging research and development needs,” president and CEO Nareshkumar Jain said in a statement.
Carmen Barbato, 83, on May 7. He worked for the City of Trenton as recreation director at the Sam Naples Community Center in Chambersburg.
Janet F. Kendall, 86, on May 6. She worked as supervisor of security responsibility with the state Division of Motor Vehicles in Trenton for 41 years.
Elinor Mae Maurer, 94, on May 4. She was a travel agent and co-owner of Travelsavers, formerly located in the Lawrence Shopping Center.
Edward D. Sussick, 95, on May 4. He was a manager for Princeton Shopping Center and later worked in commercial real estate for Harold Deutchman Realtor and S.J. Krol Realtor.
Carolyn J. Feldenzer, 78, on May 3. She was retired from Mercer Mutual Insurance Company.
James Michael Greschak, 70, on May 2. He had been involved with the West Windsor Volunteer Fire Company since 1970. He became a Mercer County fire marshal in 1983 and had served as chief fire marshal since 2015.
Cheri L. Wenczel, 71, on May 1. She was retired from Merrill Lynch, where she worked as an administrative assistant.