N.J. 'key' to SBLI's expansion strategy More than 100 employees of New York City-based SBLI USA Mutual Life Insurance Co. are setting up shop this week on the 14th and 15th floors of the recently refurbished building at 550 Broad St. in Newark, where the company will run its call center and operations and technology departments. Some foreign automakers fared better. The airplanes are slated for use in the Woodbridge company's NetJets program, which offers partial ownership of a plane to individuals or companies. The program provides guaranteed worldwide availability and travel to the partial owners. Under the terms of the deal with General Dynamics, the Woodbridge company has an option to purchase 50 more aircraft.
Maintenance is covered under the agreement.
Executive Jet manages 345 aircraft, with almost 600 more on order. Business news people Ken Volk has been promoted to senior vice president of Simon Brand Ventures , Menlo Park and New York City, the nation's largest mall owner and manager. Volk will be responsib le for 6,000 field and brand marketing programs at 150 shopping centers. Since joining Simon Property Group, the parent company, in 1989, Volk advanced through various positions, the most recent being vice president of business development for the Ventures division. They spent briskly on services but were more thrifty on big-ticket items such as cars.