|
Company
|
County
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# Jobs
|
Article Date
|
Comments
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"Insourcing" Nuclear Technology to India
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Suffolk
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03-08-2006
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In a development that turns traditional outsourcing on its head Long Island
firms may benefit from an agreement to give India access to U.S. nuclear fuel,
technology and information. Although few Long Island companies deal directly
with nuclear technology, makers of software, semiconductors and medical
equipment - as well as the Brookhaven (Suffolk) National Laboratory - are all
expected to benefit from the agreement. (Newsday – March 3, 2006)
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Adelphi University
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Nassau
|
|
03-15-2006
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Garden City (Nassau) –based Adelphi University announced a three-year, $94
million building expansion on campus. The school will upgrade classrooms,
rehearsal and performance spaces, and recreational and athletic facilities.
Groundbreaking will take place in June 2006. (Newsday – March 15, 2006)
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|
Apollo Real Estate: Riverhead Downtown Development
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Suffolk
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|
03-08-2006
|
The Riverhead (Suffolk) Town Board voted on March 7th to open negotiations –
expected to take 45-60 days - with Manhattan-based Apollo Real Estate Advisors
to rebuild the downtown business district. Apollo proposes developing a 12.5
acre area around East Main Street, more than half of which will be made into
open space, park-land and a man-made lake for winter skating. The project
would also include a 14-screen multiplex, a supermarket, 100 residential units
and office buildings, and 30,000 square foot mixed use building by the Peconic
river. (Newsday – March 8, 2006)
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Computer Associates
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Suffolk
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03-21-2006
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According to an Indian business publication, CA Inc. - formerly Computer
Associates - is planning to double the staff at its software development center
in Hyderabad, India to more than 2,500 – more than the approximately 2,225 who
work at the company's Islandia (Suffolk) headquarters. The article did
not mention any layoffs on Long Island. (Newsday – March 21, 2006)
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EDO Corporation
|
Suffolk
|
|
03-28-2006
|
North Amityville (Suffolk) – based EDO Corp. was selected by Lockheed Martin
for an $11.7 million sub-contract to produce radar and radio frequency
distribution systems for the U.S. Coast Guard. (Long Island Business News –
March 28, 2006)
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|
Enterprise Park Calverton
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Suffolk
|
|
03-16-2006
|
(Update) The Riverhead (Suffolk) Town planning board approved a plan on March
16 to subdivide a 500-acre parcel of land at Enterprise Park Calverton
(Suffolk). Developers expect that this approval will jump start more
construction and business expansion; it follows years of delay since the
property was first transferred from the Navy to the Town in 2001. (Newsday
March 16, 2006)
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NYS Homeland Security Center
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Nassau
|
2000(Est.)
|
03-19-2006
|
Senate and business officials plan to build a $21.1 million public-private
facility in Bethpage (Nassau) to design and manufacture products for homeland
security. The New York State Center for Innovation and Excellence in Homeland
Security will be “the first of its kind in the state, if not the country”.
Officials said they hope to break ground by year end. (Newsday – March 9,
2006)
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|
Nassau Coliseum/Hub Development
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Nassau
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|
03-17-2006
|
(Update) The team composed of Computer Associates founder and former CEO
Charles Wang and Scott Rechler’s Reckson Associates real estate firm has won
the bid to renovate the Nassau Coliseum and develop 77 acres of prime county
land around the coliseum. The go-ahead from Nassau County Executive Thomas
Suozzi calls for a $1.6 billion project, including a 22-story apartment tower,
hotels, a stadium for minor league baseball, a sport technology center and a
convention center. (Newsday – March 17, 2006)
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Orbit International Corp.
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Suffolk
|
|
03-22-2006
|
Hauppauge (Suffolk) – based electrical components manufacturer Orbit
International Corp. has made a $700,000 deal to make cockpit devices for the
Swedish military. (Long Island Business News – March 22, 2006)
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|
Splish Splash
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Suffolk
|
900(Est.)
|
03-21-2006
|
A Manhattan and London-based investor group called MidOcean Partners plans to
buy Palace Entertainment, the company that operates Splish Splash waterpark in
Riverhead (Suffolk) and 31 other parks in 8 states, for $200 million. MidOcean
promised to open a large, new ride at Splish Splash this summer. The park has
been instrumental in attracting tourists to Riverhead, according to Town
Supervisor Philip Cardenale. (Newsday – March 21, 2006)
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|
Stony Brook University
|
Suffolk
|
|
03-28-2006
|
Stony Brook (Suffolk) University paid former helicopter manufacturer Gyrodyne
Corp. of America $26.3 million for the 246 acres it seized in St. James
(Suffolk) in November. The university plans to build a research park anchored
by a 100,000-square-foot Center for Excellence in Wireless and Information
Technology on the land. (Long Island Business News – March 28, 2006)
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11 rows retrieved.
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Company
|
County
|
# Jobs
|
Article Date
|
Comments
|
|
Eight in One Pet Products, Inc.
|
Nassau
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223
|
03-01-2006
|
Hauppauge (Suffolk)-based Eight in One Pet Products, Inc. will lay off 223
employees on May 5, 2006 and close its doors on June 30, 2006. (WARN – March
1, 2006)
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North Fork Bancorp
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Suffolk
|
|
03-13-2006
|
Melville (Suffolk) – based North Fork Bancorp, Long Island’s largest bank in
terms of deposits with 360 branches throughout New York and New Jersey, is
being acquired by Capital One for $14.6 billion. A Capital One spokesman
predicted some “cost saving synergies”. (Newsday - March 13, 2006)
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|
Robert Plan of New York Corporation
|
Nassau
|
177
|
03-01-2006
|
On February 28, 2006 Bethpage (Nassau)-based Robert Plan of New York
Corporation, a leading provider of policy and claims administration services to
insurance companies, laid off 177 people. (WARN – March 1, 2006)
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|
3 rows retrieved.
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