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Labor Statistics

Business Expansions For May 2007

Long Island Region, May 2007

Firm Expansions and Contractions

Business Expansions

Company County # Jobs Article Date Comments
Apollo Real Estate: Riverhead Downtown Development Suffolk 05-01-2007 UPDATE: More than a year after the original vote by the Riverhead Town Board, plans for the redevelopment of East Main St. in Riverhead are still not complete. One major setback was the realization that the site of a proposed "condominiums-above-retail" building on the waterfront south of Main St. lay in a flood plain and conflicted with residents' desires to see a park built on the land. Another was the multiplicity of players involved: the town Parking Authority owns the riverfront land; another contractor - Bob Castaldi - is renovating the Suffolk Theater just to the west of the Apollo site; a company called Riverhead Enterprises LP owns much of the rest of the land in the area. Since the riverfront property is not suitable for condominiums, Apollo has been negotiating with other companies for another spot for the housing. The Town Board has asked for a clarification of Apollo’s plans before it approves a second extension of its deadline for a land use plan. (Newsday, May 1, 2007) More details
Belmont Park Revitalization Nassau 05-03-2007 Nassau County Executive Thomas Suozzi has sent a letter to Governor Spitzer requesting that the County and the Town of Hempstead be given a role on the panel overseeing the proposed revitalization of Belmont Race Track and the surrounding area. Profits from the Nassau Downs OTB have declined from $7M in 2004 to $4M last year. The NY State Racing Association, which has run the state's major racetracks since 1955 has entered backruptcy and may not be able to continue in the business. A spokesman for Governor Spitzer said the governor is considering Mr. Suozzi's request. (Newsday, May 3, 2007)
Gabreski Airport High-Tech Industrial Park Suffolk 05-09-2007 After years of planning, Suffolk officials said yesterday they expect by summer to see the first proposals for long-term leases in a planned high-technology industrial park at county-owned Gabreski Airport in Westhampton (Suffolk). Suffolk County Executive Steve Levy said the airport is “one of five or six hot spots for high-paying jobs that we are trying to develop” and predicted that groundbreaking for 20 new buildings would take place next year. (Newsday – May 9, 2007)
Long Island Rail Road Nassau 05-10-2007 A new study says Long Island Rail Road ridership is up because of a boost in the numbers of reverse commuters, who travel from New York City to jobs on Long Island. The study claims that an average of 12,917 reverse commuters packed LIRR trains each day last year; in 1998, that number was only 7,350. Overall ridership on the LIRR grew by more than 7 percent between 1998 and 2006 to 288,078 riders a day. (NY Times, May 10, 2007)
National Medical Health Card Nassau 05-07-2007 National Medical Health Card Systems Inc., a manager of prescription drug plans for unions and employers based in Port Washington (Nassau County), said Monday it has signed a contract to provide its services to Hawaii's Employer-Union Health Benefits Trust Fund. The company said the contract takes effect July 1. NMHC is Long Island's 13th largest company in terms of sales. The company employes about 475 people, including 100 on Long Island. (Newsday, May 7, 2007)
Stony Brook University Suffolk 72 05-03-2007 Thanks to an increase in state funding, Stony Brook University will add 72 full-time faculty members by the fall semester, the largest single-year increase in over a decade. The increases will bring the total full-time faculty to more than 1,475, the highest number the university has ever had. Thirty eight departments will get new faculty positions, including six new hires in School of Journalism, which opened last fall. Other disciplines receiving new faculty include philosophy, business, ecology and evolution, physics and astronomy, women’s studies, Italian studies, nursing, and the School of Health Technology & Management. (Newsday, May 3, 2007)
6 rows retrieved.
Run Date: 07-19-2007


Business Contractions

Company County # Jobs Article Date Comments
Allstate Suffolk 05-11-2007 Allstate still plans to cover homes in Kansas. Or so we think. The Illinois-based "Good hands" giant has already started to slink off Long Island by refusing to renew home insurance for many residents. Now comes a real whopper: The company will stop writing homeowners insurance in California beginning in July. For our local area, the fear is a perfect storm could hit Long Island and cause a lot of damage Allstate doesn't think it can cover. In California the issue is state regulation. (http://libiz.blogspot.com, May 11, 2007)
Bookspan/Yes Solutions Nassau 236 05-24-2007 Online book seller Yes Solutions, Inc. (DBA Bookspan) of Garden City (Nassau County) plans to lay off 236 people over the next few months for economic reasons. Layoffs will commence on May 21 and continue through August. (WARN, May 24, 2007)
Brunswick Hospital Suffolk 223 05-31-2007 UPDATE: Brunswick Hospital closed its nursing home on May 30 (as mandated by the Berger Commission) and its Physical Medicine and Rehabilitation (PMR) unit on May 23 (for economic reasons). Job losses total 223; 103 at the nursing home and 120 at the PMR unit. (WARN, May 31, 2007) More details
Cablevision Nassau 05-02-2007 The Dolan family, founders and chief shareholders of Cablevision Systems Corp., are offering $10.5 billion in cash (in a deal valued at $23 billion) to buy out all of Cablevision's public shareholders and take the company private. The family said it could operate a private company in a more "entrepreneurial" style than it can manage a public company. It is not clear whether the deal would go through. (Newsday – May 2, 2007)
East End Labor Shortage Suffolk 500 05-30-2007 The employers in the East End of Suffolk County are having difficulty filling summer positions. More selective potential workers and approval backlogs of H2B visas for foreign workers have left some restaurateurs, landscapers, and hotel managers scrambling to fill hundreds of jobs. For locals, the distance to the East End adds difficulty due to lack of transportation and high gasoline prices. Some businesses are bringing in workers from Eastern Europe under J-1 student visas, another federal program that allows foreign students to work in the United States for up to four months. But it's not enough time for businesses who had to find workers in April and have to keep them through October, example, golf clubs, irrigation companies, painting and construction companies. (Newsday – May 30, 2007)
Newsday: Long Island's Top (Public) Companies Suffolk 05-14-2007 This year, for the first time in the 11 years the paper has compiled this annual section, Newsday had to narrow the list of Long Island's Top (Public) Companies from 100 to 75. That's because there are no longer 100 public companies headquartered in Nassau and Suffolk. Instead, they are including the largest 75 out of the total of 95. (Newsday – May 14, 2007)
PENN PLAX PLASTICS INC Suffolk 75(Est.) 05-30-2007 Citing high taxes, Hauppauge (Suffolk)-based manufacturer of plastic pet products Penn-Plax Plastics, Inc. closed its doors on March 30, 2007, according to a Trade-Act petition filed by three former employees left jobless by the closing. About 75 workers in total were let go. (Trade Act Petition, May 30, 2007)
Phoenix Laboratories Suffolk 200 05-16-2007 Shortly after midnight today 100 unionized employees, members of Local 202 of the International Brotherhood of Teamsters, walked off their jobs at Farmingdale (Suffolk County)-based manufacturer of vitamins and nutritional supplements Phoenix Laboratories. The company has reportedly hired an undisclosed number of replacement workers. (Newsday, May 16, 2007)
Roanoke Point Vineyard Suffolk 05-18-2007 Roanoke Point Vineyard in Riverhead (Suffolk) was sold for $1.15 million to buyers who plan to convert 21.5 acres to a horse-riding and breeding facility. (Newsday – May 18, 2007)
Symbol Technologies Suffolk 05-31-2007 Motorola Inc., the world's second-biggest mobile-phone maker and parent of Bohemia (Suffolk)-based bar-code equipment maker Symbol Technologies, Inc., recently announced that it would cut 4,000 jobs worldwide in an attempt to cut costs. Motorola did not say how many jobs it would cut at Symbol, but a company spokesman did tell Newsday that "the reduction will apply to 'all businesses and functions, companywide.'" (Newsday, May 31, 2007)
Worklink Center Suffolk 05-04-2007 UPDATE: An informal hiring site that opened a few weeks ago and was used by about 150 day laborers in Southampton Village (Suffolk) was shut down by a court order obtained by several village residents. A State Supreme Court Justice responded to the lawsuit filed April 25 against Southampton Town and village, granted a temporary injunction barring the village from allowing the use of the property for "non-park purposes or non-recreational purposes", because it was purchased through the Community Preservation Fund program which prohibits non-park use. (Newsday – May 4, 2007) More details
11 rows retrieved.
Run Date: 07-19-2007

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