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Business Expansions and Contractions - Long Island Region June 2016

Business Expansions and Openings

Hauppauge-based United Biomedical Inc. (UBI), a biopharmaceutical company, plans to invest more than $8.3 million to purchase and upgrade the 43,000-square-foot building it currently leases (Suffolk County). The company is planning to expand its line of biologicals for treating and preventing animal and human health disease. The company currently employs 38 in Hauppauge – including 8 with Ph.Ds – with an average salary of $75,000, and plans to create six new jobs. UBI is seeking tax breaks from the Suffolk County Industrial Development Agency.

 

Allen Boulevard Corporation, an East Farmingdale (Suffolk County) laundry company that was displaced after a fire in the summer of 2015 plans to move back into its original headquarters. After the fire, the company had contracted work out to competitors. The owner is investing $1.5 million into the project with new construction, an updated sprinkler system, new equipment and furnishings. The company will be adding 40 full-time union employees. The Babylon Industrial Development Agency is providing the company with a sales tax exemption of $43,000 and a property tax abatement of $115,000 over a 12-year period.

 

Penn Fabricators, a manufacturer of quartz kitchen countertops, is moving from Yaphank (Suffolk County) to Medford (Suffolk County), where it will construct a new 30,000-square foot industrial building. The company, which currently employs 63 full-time-equivalent employees, plans to add another 10 full-time-equivalent jobs once the company completes the construction of the new facility. The project is expected to create 22 construction jobs. The Brookhaven Industrial Development Agency is giving tax breaks to assist with the expansion and relocation.

 

Mark Perlman and his son Dylan Perlman are purchasing a movie theater in the heart of Babylon village (Suffolk County) and converting it into a performing arts and education space. The building, which officials say sat vacant for nearly two years, will also house a tuition-based education program. This program includes training for actors and stagehands and for those wanting to study sound engineering, theater lighting, production and more. The venue would bring 15 to 18 full time jobs, and additional part-time jobs. The Babylon Industrial Development Agency is giving $234,250 in property tax abatements over the course of 12 years, along with an additional $16,800 in mortgage tax recording exemptions, and a maximum of $86,000 in sales tax savings.

 

Del Frisco’s Restaurant Group will open a new Del Frisco’s Grille in the Walt Whitman Shops in Huntington (Suffolk County) on June 24.

 

The fast-growing Jersey Mike’s, a fast-casual sandwich franchise, will be opening its first locations on Long Island in Uniondale (Nassau County) and Commack (Suffolk County) by the end of the summer. Each location employs between 12 and 20 people.

 

Stewart’s All American restaurant chain will open its first-ever Long Island location sometime this summer in Wantagh (Nassau County).

 

 

 

Business Contractions and Closings

 

While Dowling College in Oakdale (Suffolk County) remains open on a day to day basis, they filed a WARN notice with the state on June 7, indicating that 453 employees had been laid off as of June 1, citing “economic dislocation” as the reason. Dowling College, which faces roughly $54 million in debt, has sought to stave off closure through an affiliation agreement with Global University Systems, based in London. Dowling also has a campus in Shirley (Suffolk County) with 12-15 employees.

 

Scoop, a boutique clothing store, is closing more than a dozen stores in eight states, including Scoop NYC in Greenvale’s Wheatley Plaza and Scoop Beach on Newtown Lane in East Hampton (Suffolk County).

 

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