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Hudson Valley Region, July 2016

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

July 2016

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
The Dutchess County IDA granted Empire Hotel Development some financial incentives to build a 93-room Hyatt hotel in the Spackenkill area in the Town of Poughkeepsie.

Construction is underway for the Hudson Heritage. The $250 million mixed-use project, consisting of 750 residential units including multi-family apartments, townhouses, and detached single-family homes with 350,000 sq. ft. of retail space and 80,000 sq. ft. of hotel and hospitality space, will transform the 156-acre former Hudson River Psychiatric Center property in the Town of Poughkeepsie into a hub of commercial and residential facilities. The project is a joint venture between EnviroFinance Group (EFG) and Diversified Realty Advisors (DRA). It is estimated that the project will create more than 870 new jobs in the community, and about 300 temporary construction jobs.

Orange County
Piller USA
, a company that manufactures uninterruptable power supplies, built its new American headquarters in the Town of Wallkill. The international company which had rented out space in Wallkill will now move into its new 24,000 sq. ft. headquarters and light manufacturing facility on Warren Drive. During the construction phase, the project created 84 temporary construction jobs. The new facility will employ 50 people.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Metalized Carbon Corporation
recently broke ground on a new 15,000 sq. ft. factory in Fallsburg. The facility will manufacture products for the company’s Metcar Aerospace Materials Division. Metalized Carbon’s main operation is in Ossining in Westchester County. The new facility will create about 10 new jobs, while preserving 117 jobs at the company’s Westchester factory.

Construction on the new $90 million Z Living/Veria Nature Cure & Ayurvedic Wellness Center which began last year is on track. Construction crews have already laid the concrete foundation and have begun grading the site and installing the initial steel work for the hotel wing. The 290,000 sq. ft. structure, which is being built on the Western bank of Bailey Lake in the Town of Thompson, will feature a two-story wellness center, a six-story 131-room hotel and restaurants. The center is scheduled to open in 2017. The Essel Group, an Indian conglomerate, is funding the project. LeChase Construction, which is building the facility, currently has a 45-member crew working on the project and is expected to more than triple that workforce by August.

Ulster County
Nothing to report.

Westchester County
Audi
will open a new dealership at the former Saw Mills Complex in Hawthorne. The new 71,000 sq. ft. dealership at 151 Saw Mill River Road will feature a two-story facility, with a showroom and full-service car wash. When operational, the dealer will employ an estimated 60 employees.

Brightview Senior Living L.L.C., a subsidiary of the Shelter Group, would like to build 160 units of senior housing on the former Granite Quary location in Harrison. The 169,000 sq. ft. development project is facing some opposition from local residents with regard to noise, increased traffic and potential flooding. No job numbers were announced.

Celtic Building Supplies is expanding its operation in Yonkers and is looking for truck drivers with class A and B commercial driving licenses. The company is also looking for some drivers with non-commercial driving licenses to operate their non-commercial delivery vehicles. It currently has an estimated workforce of about 70 employees.

DeCicco & Sons announced plans to open a seventh grocery store in a space formerly occupied by A&P in Millwood. The new Millwood store, at 230 Saw Mill Road, is scheduled to open by the end of the year. It will be similar to other DeCicco & Son’s stores, offering a broad selection of craft beer, a bar and dining area and a wide selection of produce. No job numbers were announced.

Mcquesten Development plans to build a $71 million apartment tower near the Mount Vernon West train station. The 20-story mixed-use apartment complex will feature 205 units, most of which will be allocated to those who make less than the area’s median household income. Rents will range from $1,000 to $3,000. No job numbers were announced.

Shake Shack, a NYC-based casual restaurant chain, recently opened its first Westchester County location at the Cross County Shopping Center. No job numbers were announced.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Cleveland-based KeyCorp, parent company of KeyBank, announced plans to close 106 branches in four states, including 15 in the Hudson Valley Region, as part of its agreement to acquire Buffalo-based First Niagara Financial Group. Once completed, the merger will make KeyCorp the 26th largest bank in the U.S., as it expands it network to more than 1,200 branches in 15 states. Although the Federal Reserve Bank recently approved the merger, it must still get approval from the Office of the Comptroller of the Currency. The bank expects the deal to be completed by 3rd quarter 2016. The list of Hudson Valley branch closures released by KeyCorp includes the following:

  • First Niagara, 600 Bedford Road, Bedford Hills – closing in October
  • First Niagara, Erie and Route 303, Orangetown – closing in October
  • First Niagara, 101 Kings Mall Court, Kingston – closing in October
  • First Niagara, 117 East Route 59, Nanuet – closing in October
  • First Niagara, 219 South Main Street, New City – closing in October
  • First Niagara, 1 Lagrange Ave., Poughkeepsie – closing in October
  • First Niagara, 180 South Liberty Drive, Stony Point – closing in October
  • First Niagara, 62 Lafayette Ave., Suffern – closing in October
  • First Niagara, 16 Route 303, Tappan – closing in October
  • Key, 800 Westchester Ave. Floor 4, Rye Brook – closing in November
  • Key, 338 Route 59, Nyack – closing in 2017
  • Key, 23 South Moger Ave., Mount Kisco – closing in 2017
  • Key, 88 Croton Ave., Ossining – closing in 2017
  • Key, 230 N. Middletown Rd., Pearl River – closing in 2017
  • Key, 366 Windsor Highway, New Windsor – closing in 2017

KeyCorp also announced that all employees in the affected branches will be offered comparable jobs at other KeyBank locations.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Trusted Media Brands, Inc
filed a WARN notice on July 21, 2016 in anticipation of a mass layoff. The company will lay off about 31 employees commencing on October 21.

STRIKES AND LABOR DISPUTES

Nothing to report.

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