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Long Island, October 2010

Business Expansions

Melville (Suffolk County)-based OSI Pharmaceuticals, recently purchased by Astellas Pharma of Japan, had planned to close all Long Island operations and move all 240 employees to Ardsley in Westchester County. The company now says it plans to retain 90 employees - mostly researchers – in Suffolk County. OSI will close its former headquarters in Melville by June 2011 and move all remaining employees into the Broadhollow Bioscience Park at Farmingdale State College. (Newsday – October 6, 2010)

The Suffolk County Department of Labor won $1 million in healthcare training funds to be used to train workers as home health care aides, certified nursing assistants, medical assistants, pharmacy technicians, emergency medical technicians, licensed vocational nurses, registered nurses, dental assistants and health information technicians. (Long Island Business News Blog – October 6, 2010)

After an application process that lasted 32 years the 1300-member Shinnecock Indian Nation, whose reservation is in town of Southampton (Suffolk County), received federal recognition as the 565th on the Bureau of Indian Affairs’ list of federally recognized tribes. This recognition carries legal and economic benefits – including eligibility for federal funding for housing, health and education and the right to open a casino. (Newsday - October 4, 2010)

The Federal Small Business Administration has approved $5.22 million in SBA-backed loans for fifteen businesses - ranging from a nail salon to manufacturing companies - on Long Island. (Newsday – October 7, 2010)

Disney’s Marvel Studios will film“The Avengers” at Grumman Studios in Bethpage (Nassau County). This is the second big production to use the 30-acre complex, including a 37,000-square-foot mammoth movie studio in a former hangar of aerospace giant Northrop Grumman. In addition to feature films producers have already shot several high-profile commercials, including a recent SONY advertisement starring Peyton Manning and Justin Timberlake, at the studio. (Long Island Business News – October 7, 2010)

Suffolk County Film Tour: In a related development a half dozen directors, producers, other film professionals and reporters from New York City participated in a tour last week of a wide range of Suffolk County sites, organized by County Executive Steve Levy, aimed at boosting the county’s profile among movie, TV and commercial makers. (LI Business News blog – October 6, 2010)

Business Contractions

Northrop Grumman of Bethpage (Nassau County) said it will lay off 500 aerospace workers throughout the company including "a small number" on Long Island. The company is cutting its aerospace workforce due to an anticipated decline in the Department of Defense spending and increased pension costs. (Long Island Business News Blog – October 1, 2010)

Saks Fifth Avenue is closing its Southampton (Suffolk County) store, the chain’s smallest but also the first to open outside Manhattan. The store employs 35. (WARN – October 5, 2010)

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