Technology General Corporation (Tech Gen), is a manufacturer operating through three principal divisions: Precision Metalform, Eclipse Systems and Clawson Machine. The Precision Metalform Division manufactures a variety of deep drawn metal components used primarily in the writing instruments and cosmetic industries. The Eclipse Systems Division manufactures a variety of products, including spray coating systems and industrial air-driven and electric mixers. Spray coating systems are used mainly for coating industrial products while industrial mixers are used primarily in the chemical and food-processing industries. The Clawson Machine Division produces a line of ice crushing equipment used by hotels, restaurants and cruise liners. Tech Gen, through its wholly owned subsidiary, Transbanc International Investors Corporation (Transbanc), owns and leases a number of industrial properties located in the Borough of Franklin, New Jersey.