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  • Business Expansions and Contractions, Long Island Region

    Business Expansions and Openings

    New Items

    Turning away from the more costly BOCES program, The William Floyd School District in south central Brookhaven Town (Suffolk County) will open its own Career and Technical Education Program, which will offer cosmetology, carpentry and culinary classes this fall and add automotive and nursing assistant classes in the 2013-14 school year.  The district is received a $35 million EXCEL grant that allows it to renovate existing classrooms at the high school and hire teachers for the new program.  William Floyd will continue to rely on Eastern Suffolk BOCES for special education programs and data processing, among other services. (Newsday - August 28, 2012)

    Thanks in part to a $2.5 million grant from the Suffolk County Industrial Development Agency, Hauppauge - based LNK International Inc., a manufacturer of generic analgesics, hopes to expand production and hire "about 300 people" in the next few years.  The company wants to buy a building and an empty lot in the Hauppauge Industrial Park, where it already has at least 5 facilities, and convert both sites into new factories, in the process closing its Bohemia (also Suffolk County) plant.  LNK currently employs nearly 1,600 people at an average salary of $34,806, according to Newsday. "About a dozen" pharmaceutical companies are in the process of expanding on Long Island.  Besides LNK,  they include Amneal Pharmaceuticals in South Yaphank, Contract Pharmacal in Hauppauge (both Suffolk) and PL Developments in Westbury (Nassau County) (Newsday - August 27, 2012)

    (Update) A Bloomingdale's Outlet Store will open on September 6 at the new Gallery at Westbury Plaza mall in Westbury (Nassau County).  The company held a job fair in late July to fill sales and managerial positions at the new store. (Newsday - August 25, 2012)

    Thanks in part to a 10 year payment-in-lieu-of-taxes deal with the Town of Islip IDA, Pennsylvania based supplier of electrical, lighting and data communication products Wesco Distribution Inc., plans to hire "at least 20" full-time workers at its new facility in Hauppauge (Suffolk County), when it opens in early 2013.  According to the site's developer, West Rac Contracting Corp. of Hauppauge, however, construction of the Wesco plant could require as many as 500 workers, due to the complexities of building on the site, which was once an open pit mine. (Newsday - August 22, 2012)

    Upscale grocery Fairway Market will open its second Long Island store on August 22 in the Roosevelt Raceway Center in Westbury (Nassau County).  The new store is 13,000 sq. ft. larger than Fairway's existing site in Plainview (also Nassau) and will offer a large variety of specialty goods. (Newsday - August 21, 2012)

    Westbury (Nassau County) - based pharmaceutical manufacturer PL Developments (PLD) has decided to stay on Long Island instead of moving to Florida.  The company plans to purchase and renovate a building in Hicksville (also Nassau).  The Empire State Development Corp. will provide $2.7 million in tax credits for the expansion.  In return the company pledges to hire 150 people. The company currently employs 450 at its Westbury and Farmingdale (Nassau County) facilities. (Newsday - August 20, 2012)

    Borrego Solar, a San Diego-based solar energy firm signed a 20 year lease to build a solar photovoltaic energy system on the Young's Avenue landfill in Riverhead (Suffolk County).  Borrego expects to generate 2.8 megawatts from a 14.8 acre site on the landfill's 70 acres.  Borrego will pay Riverhead $145,600 a year for 20 years; the amount could increase if the solar system is expanded. (Newsday - August 17, 2012)

    TD Bank opened two new branches in Nassau County - in Syosset and Massapequa, bringing the total in Nassau and Suffolk to 54.  So far this year, TD has opened 30 branches nationwide. (Newsday - August 17, 2012)

    (Update) Broadridge Financial Solution Inc., a company that assembles annual reports, proxy statement, ballots and other documents for investment companies, has decided to stay in the Town of Islip (Suffolk County) and has renewed its leases in Edgewood and Brentwood.  The Empire State Development Corp. is giving the company $20 million in state tax credits between 2007 and 2017.  LIPA will reduce the company's $5 million a year utility bill by $6 million over seven years. The company meanwhile says it will make improvements to the factories and keep its 1,500 workers. (Newsday - August 17, 2012)

    Trader Joe's will open a one of its eclectic groceries at The Gallery at Westbury Plaza in Westbury (Nassau County).  Trader Joe's is the second specialty food store within the complex and will compete with Fairway Market. (Newsday - August 17, 2012)

    The owners of the Blue Duck Bakery and Café owners purchased land off Flanders Road in Riverside in the Town of Southampton (Suffolk County) to expand their artisan bread baking business.  Town officials, for their part, hope to spark economic activity in the area.  The owners will add 20 to 25 production jobs at the new facility, slated to open at the end of 2013.  Blue Duck Bakery also has a store in Southold (also Suffolk) which has a robust pastry and cookie baking business and retail store, but has outgrown its bread baking space.  The owners also plan to open a retail store on Main Street in Riverhead (also Suffolk), adding 12 to 15 jobs. (Newsday - August 16, 2012)

    Hauppauge (Suffolk County) - based accounting and financial consulting firm Fuoco Group, recently in the news for purchasing and promoting an "IT Mall" on Parkway Drive South in Hauppauge, has now purchased Lawrence (Nassau County) -based forensic accounting firm AIB Forensics, which it plans to expand, hiring new employees.  Fuoco also bought XT Firm Group, an information technology firm, in January and formed a new company, Fuoco Technology. (Newsday - August 9, 2012)

    Previously Reported

    Stony Brook University's medical school received a $3.3M grant from the National Institute of General Medical Sciences, a part of the National Institutes of Health (NIH), to train three dozen postdoctoral fellows to teach at SUNY Old Westbury, Suffolk County Community College or Brooklyn College. The NIH program's goals are to develop trained scientists for future biomedical, behavioral and clinical research. (Newsday - August 14, 2012)

    Discount retailer Target hopes to build a new store on the property of the former Huntington Town House catering hall in Huntington Station (Suffolk County).  Target bought the 18-acre property from home goods chain Lowe's after Lowe's had second thoughts about building on the site.  The Town of Huntington Planning Board must still approve Target's application to develop the property before construction can proceed. (Newsday - August 14, 2012)

    Melville (Suffolk County) - based electrical component maker Leviton Manufacturing is expanding into lease-based home solar systems and plans to market its business on Long Island.  The company has marketed and installed systems in California, New York City, Westchester and Rockland.  Leviton expects to install "hundreds of thousands" of leased solar systems on the Island.  The company's solar panels can be installed in homes in just a day.  Residential customers would not own their systems, but pay a monthly fee to a leasing firm hired by Leviton.  The company is working on LIPA to ease their third party leasing rules, and LIPA said it is "investigating the opportunity" in residential solar leasing programs. (Newsday - August 7, 2012)

    Nassau County officials approved a 30-year license to allow a private investment company to build an indoor sports facility at Mitchel Field in Uniondale (Nassau County).  Nassau Sports & Events Llc will build the facility that is expected to create 50 full-time jobs and host trade shows, conventions, exhibitions and parties. (Newsday - August 7, 2012)

    Stores are slated to begin opening this month at The Gallery at Westbury Plaza in Westbury (Nassau County).  The mall currently has 12 tenants, including The Container Store, Bloomingdale's Outlet and Shake Shack.  Equity One, the mall's builder, received a large tax break from Town of Hempstead Industrial Development Agency (IDA) and in return committed to creating 375 permanent jobs (on top of the 500 or so construction jobs involved in building the complex).  When fully occupied, developers estimate the mall and its stores will employ 600. (Newsday - August 6, 2012)

    Hauppauge (Suffolk County) - based Bio-Botanica maker of plant extracts used in food, medicine and cosmetics plans to expand its factory space and add jobs.  The company will add 24,000 square feet to its factory, since there has been an increased demand for the company's Nature's Answer items.  The expansion will add 60 workers by 2014.  The company has hired 40 people in the last two years.    The Suffolk County Industrial Development Agency backed Bio-Botanica's expansion with $519,000 in property tax breaks over 15 years and sales tax reduction. (Newsday - August 2, 2012)

    The Suffolk County Industrial Development Agency (IDA) recently unveiled "The Boost Program", aimed at promoting the creation or growth of small businesses in the county.  In order to be eligible for the sales-tax exemption and lower property taxes the program offers new businesses or growth projects must be in one of five industries - information technology, biotechnology, energy, green technology and pharmaceuticals - and the value of the expansion must be less than $1 million. (Newsday - August 2, 2012)

    The Federal Highway Administration plans to give the City of Glen Cove (Nassau County) $875,951 so the city can build a terminal for a ferry which will carry passengers to and from Manhattan.  This money is on top of $14 million the agency has already provided to dredge the creek, build bulkheads, install a pier and floating docks, remove contaminated soil, install utilities and build the terminal foundation.  The ferry project, which began 14 years ago, is expected to finally begin service in the fall of 2013.  Newsday did not provide an estimate of the number of jobs created. (Newsday - August 2, 2012)

    (Update) Union officials of Local 138, which represents about 1,500 operating engineers, said they have reached an agreement with the developer of the $4 billion Heartland project in Brentwood (Suffolk County) to forgo a union-required project labor agreement, which specifies wages and working conditions on a particular job, an issue that has long delayed the project.  The local's decision may give developer Jerry Wolkoff the green light to continue work on Heartland, which calls for building 9,130 housing units and retail, commercial and civic space on the site of the former Pilgrim State Hospital, assuming he gets the required zoning approval from the Town of Islip.  Wolkoff purchased the 450-acre parcel in 2002 for $10 million. (Newsday - August 1, 2012)


    Business Contractions and Closings

    New Items

    Forty employees working in the Town of Islip opted to participate in a voluntay furlough program this summer.  Town officials started offering the option of unpaid days in June in an effort to cut costs.  The 40 employees have taken off a total of 170 days and saved the town $30,000.  Islip is faces a $26 million budget deficit for 2013. (Newsday - August 31, 2012)

    (Update) A company called CMAT 1999-C1 Old Country Road Llc, which represents bondholders at the Mall at the Source in Westbury (Nassau County), took ownership of the property on August 28 after a foreclosure auction failed to find a buyer willing to pay off the mall's outstanding debt of $148 million.  (Appraisers had valued the property at only $51 million.)  CMAT plans to keep the mall, which is only 25% full, open and to try to find new tenants, but in the longer term the bondholder group plans to try again to sell the property. (Newsday - August 29, 2012)

    The Long Island Funders Exchange, a coalition of philanthropists, is providing Nassau County with funds to keep the county's youth services office, the Youth Board, afloat through September.  The public-private partnership is not intended to be a long-term solution but is meant to buy county officials extra time to reach a resolution over restoration of the funds.  County leaders have been deadlocked over a plan to restore the funds to some 40 social service agencies since the legislature voted in May to rescind the groups' funding. (Newsday.com/August 27, 2012)

    Plainview (Nassau County) developer Donald Monti, of Renaissance Downtowns, Garden City (also Nassau) developer Edward Blumenfeld and Patchogue (Suffolk County)-based Baldassano Architecture are the three remaining candidates for the role of master developer at the Nassau Coliseum site. New York Islanders owner Charles Wang has said he will not stay at the current Coliseum past the expiration of his lease in 2015. Garden City (Nassau County) developer Wilbur Breslin, the last of four companies that expressed an interest in bidding on the job of developing the area surrounding Nassau Coliseum, formally withdrew from the process after failing to meet a July 31 deadline to submit a development plan. (Newsday - August 24, 2012)

    (Update) Melville (Suffolk County) - based electrical component maker Leviton Manufacturing announced it not pursue the idea of leasing residential solar systems on Long Island.  The company had announced the leasing initiative earlier this month but has since decided that the market "wasn't as large as anticipated."  Instead, the company "will continue to investigate solar-product and other sustainable-energy markets." (Newsday - August 23, 2012)

    Farmingdale (Suffolk County)-based electronics manufacturer and defense contractor Telephonics Corp. laid off 20 employees as of August 24.  The company, which has roughly 1,250 workers, recently laid off security guards, receptionists and other positions from its plant on Park Avenue in Huntington (also Suffolk).  Employees received only five days notice of the layoffs but will receive severance packages. (Newsday.com/August 21, 2012)

    (Ongoing saga) Nassau County Executive Edward Mangano will be forced to lay off additional county employees after a federal court judge ruled on Tuesday that reopening union contracts was unconstitutional.  Mangano now plans to achieve some of those savings through further staff reductions.  Mangano already announced plans in July to lay off at least 100 civil service workers by October. (Newsday.com/August 21, 2012)

    (Update) 89 employees of the Town of Oyster Bay accepted the early retirement incentive offered by the town,11 short of the 100 needed (when combined with hoped-for concessions from the union representing town workers, CSEA Local 881) to prevent layoffs.  The workers accepting the incentive come from the following departments:  Public works: 16; Parks: 15; Highway: 13; Community and youth services: 9; Planning: 7; General services: 5; Receiver of taxes: 5; Environmental resources: 4; Intergovernmental affairs: 4; Town board: 3; Comptroller: 2; Human resources: 2; Public safety: 2; Town Clerk: 1 and Supervisor's Office: 1.  (None of the town attorney's 23 staffers is leaving.)  It was not clear from which departments the layoffs would come. (Newsday.com/August 16, 2012)

    Previously Reported

    The Mall at the Source in Westbury (Nassau County), which was hit hard by the closing of its anchor tenant Fortunoff in 2009, will be sold at foreclosure auction on August 28.  Despite its "prime location," the troubled retail center, which has been valued at $90 million, has a $124 million mortgage and an outstanding lien of $141.8 million.  Several of its tenants, including Nordstrom Rack and Saks Fifth Avenue Off 5th are moving to the new Gallery at Westbury just down the street.  Analysts expect the mall to be 75% vacant by next month. (Newsday - August 10, 2012)

    Matrix Medical Network in Uniondale (Nassau County) is closing its facility and laying off 48 people by November 2.  The company lost a contract to provide counseling for those facing end-of-life and hospice care decisions.  The 48 people who will lose their jobs will receive severance pay and outplacement services.  The 10 year old company filed a WARN notice advising the state of their departure. (Newsday - August 8, 2012)

    (Update) Cooper Lighting LLC in Hicksville (Nassau County) plans to lay off 13 workers by October 30, according a WARN Notice filed with the state.  This comes on top of the 26 workers slated for sacking by October 12 based on a WARN the company filed on March 2. (WARN Notice - August 3, 2012)

    (Update) Months after announcing the town's human services department would be dissolved to slash costs, Town of Islip (Suffolk County) officials say 31 full-time and 26 part-time employees will lose their jobs by Nov. 1.  The remainder of the town's 64 full-time and 33 part-time employees will move to the Parks and Recreation Department, which will oversee senior services after the reorganization.  To help those affected, town officials have booked a consultant for a "job search boot camp" to train people on interviewing, networking and resume writing. (Newsday - August 3, 2012}

    Suffolk County Executive Steve Bellone has a tentative agreement to sell Foley Nursing home in Yaphank (Suffolk County) to a private operator.  The $23 million deal is with Israel Sherman to purchase the 264 bed capacity home which will help close the county's deficit.  County legislature must approve the sale and public hearings will be held this month. (Newsday - August 1, 2012)

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