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Hudson Valley Region, January 2015

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

January 2015

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
Marist College
is hoping to secure $1 million in funding from the federal Economic Development Agency (EDA) for two major projects that would foster economic growth, help get start-ups off the ground, and create local jobs. The federal funds would allow Marist to create a Science and Technology Park on its East Campus and a ‘Proof of Concept’ Center for cloud computing. Marist hopes to receive $500,000 for each project. The East Campus Science and Tech Park would provide a home for high-tech entrepreneurs to develop new companies and create jobs. While the Proof of Concept (POC) Center for Cloud Computing and Analytics would be a space for entrepreneurs in cloud computing to test whether a new concept, theory, or enhancement to an existing approach has the potential for real-world applications.

Orange County
Angry Orchards
plans to open a cidery and tasting room in a new facility in the Town of Montgomery. The hard-cider maker is a division of the Boston Beer Company. The company uses apples from Europe, especially France and Italy, along with those from the Pacific Northwest and Northeast region of the United States. Angry Orchards would like to add about five full-time employees to their existing staff. Construction of the new 10,025 square-foot facility is expected to begin in March and be completed by the end of November 2015.

Competitive Power Ventures Holdings will begin construction on a $900 million gas-fired power generating plant in early fourth quarter, 2015. The company has cleared all the regulatory hurdles to build the 640-megawatt plant in the Town of Wawayanda. CPV will pay $46.4 million in PILOTs over a 22-year period and save $7.5 million in sales and use taxes. Construction of the plant will take about 31 months, while creating 500 temporary construction jobs and 25 permanent jobs once operational.

Steris Isomedix Services, a national company that provides contract sterilization services to pharmaceutical companies, as well as those that make medical devices, announced plans to expand its facility in Chester. The company looked at various locations throughout the Northeast, but decided to enlarge its operations in Chester. The plan calls for Steris to build a 75,000 square-foot extension to its current facility, which is about 110,000 square feet. The expansion will allow the company to add 20 to 25 employees to its existing workforce of 100. The job titles vary from engineers, to production supervisors, to material handlers.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Construction is underway for a 155-room Hilton Hampton Inn and Suites in Yonkers. The 188,000 square-foot hotel, which will feature a pool and fitness center is scheduled to open by late summer, 2015. The project is expected to create 50 permanent jobs and 200 temporary construction jobs.

Construction on a long-delayed multi-million dollar development project recently began in downtown Mount Vernon. The $60 million, mixed-use development on Gramatan Avenue known as LaPorte, will feature 159 rental apartments, 19,500 square feet of retail space and a new municipal parking garage within the building. The plan also includes a $3 million rehabilitation of the Sidney Avenue Municipal Garage. The project is expected to be completed by Fall, 2016. It is estimated that the project will create about 305 construction jobs.

Sherwin-Williams Inc., a paint and coatings company, announced plans to open a new retail store in Yonkers. The company recently signed a lease for approximately 3,800 square feet of space on Central Avenue. No job numbers were available.

TGI Fridays recently opened a new restaurant at City Center in White Plains. The new restaurant hired 150 people from the White Plains area.

The developers behind the Fleetwood Tower project were granted a special permit for the construction of a 249-unit complex at 42 West Broad Street, in Mount Vernon. The Alexander Group and its partner, the Bluestone Organization, will spend about $4 million to renovate an adjacent municipal parking lot and build a 16-story L-shape complex, with apartments ranging from studios to three-bedroom units. No job numbers were announced.

The Westchester County Industrial Development Agency recently approved amendments allowing for the construction of the $250 million Bank Street apartment complex in White Plains. LCOR, a Berwyn, Pa.-based real estate development and management company, will begin construction on the new 760,000 square-foot apartment complex in March. The Bank Street project includes 561 apartments, along with retail space and a parking garage. It’s estimated that the project will create about 500 new construction and permanent jobs.

U-Haul’s parent company, Arizona-based Amerco Real Estate Co., recently purchased a 152,000 square-foot industrial building in New Rochelle for $6.1 million. The building will be used to house its moving and storage business. No job numbers were announced.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Cambridge University Press
filed a WARN notice with the NYS Department of Labor in anticipation of a mass layoff. The company will lay off 42 workers at its U.S. headquarters and distribution center in West Nyack, starting April 30 through June 30, 2015.

Pfizer filed a WARN notice with the NYS Department of Labor on January 15, 2015 in anticipation of a mass layoff. The pharmaceutical giant will lay off 50 people at its facility on North Middletown Road in Pearl River.

Sullivan County
Nothing to report.

Ulster County
JC Penney
filed a WARN notice with the NYS Department of Labor on January 6, 2015 in anticipation of a mass layoff. The company will close its store at the Hudson Valley Mall in Kingston, laying off 72 workers. The layoffs are expected to take place on April 7, 2015.

Westchester County
Hugo Neu Recycling, L.L.C.
filed a WARN notice with the NYS Department of Labor on January 28, 2015 in anticipation of a mass layoff. The company will lay off 27 employees at its facility in Mount Vernon, on May 30, 2015.

MYPublisher, Inc., a pioneer in the personalized photo book industry filed a WARN notice with the NYS Department of Labor in anticipation of a mass layoff. The company will lay off 47 workers at its plant in Elmsford, starting May 1 through July 31, 2015. In April 2013, MYPublisher was acquired by California-based Shutterfly for an undisclosed amount.

Wet Seal, a teen clothing retailer, announced plans to close 338 stores, about two-thirds of its locations. As a result, 3,700 full- and part-time employees will lose their jobs. The company operates several stores in the region.

STRIKES AND LABOR DISPUTES

Nothing to report.

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