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Hudson Valley Region, April 2013

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

April 2013

New York State Department of Labor
Division of Research and Statistics
120 Bloomingdale Road, Room 218
White Plains, NY 10605
914-997-8798

This briefing provides information on firm-specific hiring and layoff announcements in the Hudson Valley. The information in this report is derived from press releases, newspapers, business journals, newsletters and other public sources. It does not include all expansions and contractions in the region – only those for which public information has been obtained. An attempt is made to present only current information – events that have recently occurred or will occur in the near future.  

BUSINESS EXPANSIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Hannaford Supermarket will soon open a new store in the Town of Montgomery at the former Thruway Supermarket facility. Demolition will start in June and construction is expected to begin in late autumn or early winter. The store is expected to open by the summer of 2014. No job numbers were announced.

TEG Federal Credit Union opened a new branch on North Plank Road in the Town of Newburgh. The new branch at the Powelton Plaza has consumer and mortgage loan officers on site, among other financial services and products.

Vincenzo Designs Boutique opened a new store in Pine Bush. The boutique offers handmade jewelry, hats, sunglasses, scarves, belts and other accessories. No job numbers were available.

Putnam County
Metal and Glass Solutions, a Brooklyn company that produces architectural metal and glass windows, shower doors, storefronts and window walls will relocate to Putnam County. The company will build a 15,000 square-foot production plant at 25 Independence Way in the Town of Southeast and plans to hire 15 employees initially.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Belleayre Ski Center announced plans for a 5-year, $74 million expansion that would add close to 280 jobs and result in twice as many annual visits. The plan would add 16 ski trails, three ski lifts, three parking areas, a ski lodge and an information booth. The project would boost the ski area’s annual revenue by $5.2 million and raise state and local tax revenue by $200,000. Average annual attendance is projected to almost double, from 165,000 at present to 320,000. After the expansion, Belleayre will employ 200 seasonal and 32 full-time employees at its ski center, along with roughly 45 extra seasonal food service employees. The new full-time workers will earn between $26,000 and $40,500 each year, while the seasonal workers will earn an average of $7,500 annually.

Westchester County
C2 Education, a test preparation and tutoring center with 120 facilities nationwide, recently opened a new center in Hartsdale. The center will provide families with access to C2 Education's full range of customized programs. No job numbers were available.

Pier 1 Imports recently opened a new store in Port Chester. The 9,871 square-foot store on Boston Post Road in the Port Chester Shopping Center will employ 12 to 15 people.

Regeneron Pharmaceuticals Inc. announced plans to expand its corporate headquarters and laboratories in Westchester County and create 400 biotech jobs. Regeneron has become one of the fastest-growing biopharmaceutical companies in the United States. The company, which maintains facilities in Tarrytown and Rensselaer, has seen its workforce nearly tripled since 2007. In Westchester, it employs an estimated 1,300 employees. The project will add two new buildings with 300,000 square-feet of lab and office space to the company’s complex at The Landmark at Eastview in Tarrytown. Regeneron will receive $8.5 million from the Excelsior Jobs Program and other incentives from the Mount Pleasant Industrial Development Agency. Construction of the new buildings will start later this year and run through 2015.

Toys "R" Us Inc. announced plans to relocate its downtown White Plains toy and baby products store from the Westchester Pavilion to a new larger facility at City Center. The new Toys "R" Us and Babies "R" Us store will occupy about 55,000 square-feet of retail space on the 2nd floor of the City Center complex and will add 30 full and part-time staffs to its existing workforce of about 45 employees.

Uniqlo, a Japanese fashion retailer, opened a new store at the Ridge Hill complex in Yonkers. In March, the retailer also opened a new store at the Palisades Mall in West Nyack in Rockland County. Uniqlo expects to hire about 100 full and part-time employees at its Yonkers location.

Verengo Solar, a California-based solar panel installer, announced plans to open an office in White Plains. The company hosted a job fair on April 20 at the Holiday Inn Hotel in Orangeburg in Rockland County. No job numbers were announced.

Vincenzo Designs Boutique opened a new store in Pine Bush. The boutique offers handmade jewelry, hats, sunglasses, scarves, belts and other accessories. No job numbers were available.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
(Update)Dynegy Northeast Generation, the company that owns the Roseton and the Danskammer electric generating plants in the Town of Newburgh, recently laid off 57 employees at the Danskammer plant. The company filed a WARN notice with the Labor Department in December 2012, in anticipation of this mass layoff. Under a U.S. Bankruptcy Court-supervised auction, Dynegy planned to sell its two power plants for about $23 million. The Danskammer plant will be sold for $3.5 million to ICS NY Holdings LLC, which will then be demolish and sold for parts. The Roseton plant will be sold for $19.5 million to Louis Dreyfus Highbridge Energy LLC. and will continue to operate, retaining an undisclosed number of current plant employees. Both plants are in Orange County.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Sullivan Community College announced plans to cut seven positions as the school works to balance its budget for the 2013-2014 academic year. The layoffs will be in administration, staff and faculty.

Ulster County
Bank of America recently announced plans to close its branch on Route 28 in the town of Olive. Company officials said there will be no other branch closures in Ulster County at this time. BofA has six branches in Ulster County, as well as two more branches each in Green and Dutchess counties. The branch in Olive will be closed on June 14, 2013. No job numbers were announced.

Westchester County
B-Alert Inc., a bus company based in Mount Vernon, filed a WARN notice with the New York State Department of Labor on April 8, 2013 in anticipation of a mass layoff. B-Alert will lay off 125 employees at the end of June 2013 when its contract with the New York City Department of Education expires.

Mar-Can Transportation Co. Inc., a bus company based in Mount Vernon, filed a WARN notice with the New York State Department of Labor on April 8, 2013 in anticipation of a mass layoff. The company will lay off 124 employees at the end of June 2013 when its contract with the New York City Department of Education expires.

Mile Square Transportation Inc., a Peekskill bus company, filed a WARN notice with the New York State Department of Labor on April 15, 2013 in anticipation of a mass layoff. The company will close its facility in June 2013, laying off about 102 employees.

STRIKES AND LABOR DISPUTES

Nothing to report.

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