Hudson Valley Region, September 2010
Firm Expansions and Contractions
This briefing is intended to provide information on firm-specific hiring and layoff announcements in the Hudson Valley. 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 in the near future.
Business Expansions
New this Month
Dutchess County
Life Medical Technologies Inc., a biomedical company that manufactures equipment for the early detection of breast cancer will move its headquarters and operations to the Hudson Valley Research Park in East Fishkill. The company will receive $2 million from Empire State Development Corporation, and is expected to create 250 jobs within three years. Life Medical Technologies will begin production early next year at the new facility formerly occupied by NXP Semiconductors.
Orange County Trust recently broke ground on a new office on Route 9 in Fishkill. The new branch which is scheduled to open in June 2011, will be the bank's first outside of Orange County. No job numbers were available.
Save-A-Lot, a discount grocery chain will open a store in the city of Poughkeepsie. No job numbers were available.
Orange County
Medline Industries Inc., the largest privately-held manufacturer and distributor of health care supplies and services in the Nation, was awarded a $250,000 grant from Empire State Development Corporation. The funds will offset the purchase and installation cost of new equipment at the company's new $35 million, 500,000 square-foot facility in Wawayanda. Medline created 88 new jobs in Orange County.
Subway recently opened a new location in the food court at the Galleria at Crystal Run. No job numbers were available.
Putnam County
Nothing to report.
Rockland County
Toys R Us announced plans to hire about 45,000 employees nationwide to help with the holiday season. The company also plans to hire employees for its distribution stores. Toys R Us has several stores throughout the Hudson Valley Region.
Sullivan County
Nothing to report.
Ulster County
EmUrgentCare, a certified medical facility providing unscheduled treatments for urgent and non-urgent illnesses and injuries for patients began construction on a new $1.3 million facility in Saugerties. The new center is scheduled to open at the end of the year. The company does have another medical center in Coxsackie. No job numbers were available.
Westchester County
Applebee's will open a new restaurant on Executive Boulevard in Yonkers. This will be the company 10th eatery in Westchester. No job numbers were available.
BioMed Realty Trust Inc. is seeking approval to build an additional 609,000 square-feet of biotechnology space at the Landmark at Eastview. Representatives of BioMed appeared before the Mount Pleasant Board seeking site plan approvals, as well as zoning amendments. Last year the company completed a $140 million expansion on the Greenburgh side. It has not been announced if any potential tenants had committed to occupying the new expansion space on the Mount Pleasant side.
Five Below, a value-oriented store for teens and pre-teens recently opened a new store at the Cortlandt Town Center in Mohegan Lake. The 7,500 square-feet store sells everything from candy and crafts to room decor and games at $5 or less. No job numbers were available.
JoS.A.Bank Clothiers Inc., the 105-year-old Maryland-based clothing retailer will open its third Westchester store in Mount Kisco in the fall. The clothing manufacturer and retailer have nearly finished the renovation in the Mount Kisco location and anticipates a Thanksgiving grand-opening. The company also has stores in Rye and Scarsdale. No job numbers were available.
POP Displays USA LLC, a provider of point of purchase displays and merchandising solutions will expand its manufacturing facility in Yonkers with the help of a $300,000 grant from Empire State Development Corporation. The $1.5 million expansion will enable the company to not only expand but to also retain its existing workforce of 615 employees in Westchester County.
SYMS Clothing and Filene's Basement will opened three co-branded stores in Manhattan, Westbury and Elmsford. The Elmsford store will offer expanded designer fashions at discount prices. No job numbers were available.
NEW LAST MONTHDutchess County
Scenic Hudson, a non-profit land preservation and environment group will invest an estimated $8.5 million to build a new park on a 25 acre peninsula that it already owns on the Beacon waterfront. The project is expected to be completed by spring 2011 and create about 75 construction jobs. The new park will feature a new pavilion, a kayaking center, a restored barn for environment education and arts programming.
Orange County
Taylor Biomass will build a biomass gasification plant which will convert trash to electricity in the town of Montgomery. The company received initial approval from the U.S. Department of Energy and has secured $100 million in loan guarantees for the project. Construction will begin this fall on the new facility. The project is expected to create 400 construction jobs and 80 full-time positions once the plant is in operation.
Putnam County
Nothing to report.
Rockland County
Nothing to report.
Sullivan County
Nothing to report.
Ulster County
Nothing to report.
Westchester County
Charter School of Education Excellence (CSEE) was issued some tax-free education revenue bonds to finance a $7.5 million expansion project. The bonds will be used to pay for an off-site construction of a 29,000 square-foot modular building, which will enable school officials to add a middle-school curriculum for seventh and eighth grade students. The bond will also be used to refinance existing debt on the original facility at a lower interest rate. The project is expected to create 25 permanent jobs and 30 construction jobs.
Hudson Valley Hospital Center recently broke ground on a $12 million cancer center and medical office building in Cortlandt Manor. The new 54,000 square-foot facility will housed a state-of-the-art cancer center and medical offices. The center will offer radiation and infusion therapy and support services. No job numbers were available.
Ohio-based Micro Center recently opened an electronics store at the former Circuit City site at the Cross County Mall in Yonkers. The technology retailer hired about 100 people and expects to add an additional 50 in October for the holidays.
PepsiCo’s plan to expand its Purchase headquarters campus was recently approved by the Town of Harrison’s Zoning Board. The expansion calls for the construction of new offices, a glass atrium connecting all existing buildings on the 152-acre campus and a new welcome center for visitors. PepsiCo will expand its workforce by 800 over the next 10 years.
BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION
NEW THIS MONTHDutchess County
Nothing to report.
Orange County
Nothing to report.
Putnam County
Nothing to report.
Rockland County
Pathmark, a supermarket that has been a mainstay of the Monsey neighborhood on the border of Spring Valley will close in October 2010. The Great Atlantic & Pacific Tea Company which owns the store announced in August that it planned to close 25 stores in five states as part of a cost-saving move. The company also operates A&P, Food Emporium and Walbaum's. No job numbers were available.
Sullivan County
Nothing to report.
Ulster County
Nothing to report.
Westchester County
Nothing to report.
NEW LAST MONTHDutchess County
Nothing to report.
Orange County
Nothing to report.
Putnam County
Nothing to report.
Rockland County
Pfizer announced plans for a new round of layoffs at its Pearl River facility. Approximately 115 employees in the company's pharmaceutical division will lose their jobs on December 17, 2010. Pfizer has been in a cost-cutting mode since its acquisition of Wyeth Pharmaceutical in October 2009.
Sullivan County
Nothing to report.
Ulster County
The Daily Freeman, a local newspaper in Ulster County recently announced plans to close its production facility and move its operation to Troy. The local paper will eliminate 9 full-time and 49 part-time positions.
Westchester County
The Great Atlantic and Pacific Tea Company Inc. recently announced plans to close one of its two A&P stores in Yorktown. The company will close the store on Downing Drive by the end of the year. No job numbers were available.
STRIKES AND LABOR DISPUTES
Nothing to report.