By Steve Lubetkin
Alliance Calibrations Group, which manages instruments in chemical laboratories, has acquired an 11,000-square-foot facility in North Brunswick that will serve as its permanent headquarters.
The firm financed the purchase at 656 Georges Road through M&T Bank, with the New Jersey Economic Development Authority participating in the transaction.
ACG provides calibration, setup, installation, repair services and preventive maintenance for analytical instruments that are used in the laboratories of pharmaceutical, chemical and cosmetic companies, as well as criminal investigation labs throughout the country, the EDA said. ACG is an International Organization for Standardization 17025 accredited laboratory.
Its clients include businesses of all sizes — from the largest of pharmaceutical companies to the smallest of biotechnology startups.
EDA executives visited ACG’s new facility recently to highlight the success of the authority’s low-cost financing options. The agency can provide small businesses with low-interest financing directly from the state or through its participation or guarantees of bank financing, which reduces the lender’s risk and lowers the cost of borrowing for the business.
“As a small business owner, I am dedicated to providing individualized attention to all of our clients,” said David Good, ACG chief executive and president. “Operating here in New Jersey, with its vibrant life sciences sector, puts us near a built-in customer base, and offers logistical advantages that facilitate a global reach. We thank M&T Bank and the NJEDA for supporting us in finally purchasing our own facility.”
The visit also showcased the vital role companies like ACG play in New Jersey’s innovation economy, according to EDA officials.
“At the NJEDA, we’re focused on creating opportunities for businesses like ACG, which provide critical products and services to companies in New Jersey’s innovation economy, enabling them to better serve their customers in the local and global marketplace,” said Paul Ceppi, the EDA’s managing director of business development.
Visiting ACG with Ceppi was Kathleen Durand, the EDA’s senior business development officer, and Shrini Rao, M&T Bank vice president.
“M&T Bank appreciates the ongoing relationship that we have with the NJEDA and the benefit it provides us in offering more flexible financing options to our customers,” Rao said.