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  • Long Island Region, October 2011

Long Island Region, October 2011

Long Island, October 2011

Business Expansions

Company County # Jobs Article Date Comments
Aceto Corp Nassau 80 10-22-2011 New York state has given about $490,000 to a chemicals supplier to keep its headquarters in Nassau County instead of moving to Pennsylvania. The Empire State Development Corp. board of directors this week approved the grant, which helped Aceto Corp. purchase and renovate an office building in Port Washington. In return, the company promised to preserve 80 jobs through early 2016. The board gives final approval to grants after projects are completed. Aceto, a publicly traded company, had considered moving out of state after deciding it wanted to own, rather than rent, its offices, said Andrea Lohneiss, the development corporation's Long Island director. (Newsday, October 22, 2011)
Agriculture Consumer Science Center Suffolk 30(Est.) 10-24-2011 Work on the new Agriculture Consumer Science Center in Calverton (Suffolk County) is on schedule and expected to be completed next summer. The new wine and agricultural testing facility, which will be housed in an addition to Stony Brook’s Calverton Business Incubator on Route 25, is designed to help East End growers research and develop new consumer food products. It will include a microbiology laboratory and conference rooms, as well as training and demonstration areas. Entrepreneurs will be able to rent space there, paying $25 an hour for access to fully equipped commercial kitchens where they’ll be able to research and develop soups, sauces, baked goods and other products. (Suffolk Times, 10/24/2011)
Dealer Track Holdings, Inc. Nassau 200(Est.) 10-14-2011 One major Long Island company, at least, is looking at better business conditions and plans on hiring about 200 people this year and next. DealerTrack Holdings Inc. of Lake Success (Nassau County), which provides about 17,000 auto dealerships across the country -- including 180 on Long Island -- with software services such as inventory management and online credit applications, is looking to hire for the technical side of its business, said Rich McLeer, the company's senior vice president. About half the hires will be on Long Island and the remainder elsewhere in the country, said McLeer, who added the additions will be the largest spike in employment at the company since the recession began in the fall of 2008. The company has about 1,900 employees, including about 300 in Lake Success. (Newsday, October 14, 2011)
Invagen Pharmaceuticals Suffolk 350(Est.) 10-17-2011 InvaGen Pharmaceuticals Inc., a Hauppauge (Suffolk County)-based pharmaceuticals company, is one step closer to doubling its workforce after securing nearly $2 million worth of state tax assistance, officials said Monday. Through the state's jobs program run by the Empire State Development Corp., the company can offset its costs for building a new factory in Central Islip (Suffolk County), which would add about 350 jobs over five years and increase InvaGen's payroll to nearly 700. The company can't receive the tax credits until it meets the job requirements under the agreement with the state. The facility is planned for a 16-acre property at 550 S. Research Way, and officials said the company would invest $39 million in the new plant. The company already has three facilities in Hauppauge that employ roughly 330. (Newsday, October 17, 2011)
National Wholesale Liquidators Nassau 125(Est.) 10-26-2011 National Wholesale Liquidators, a discount merchandise retailer, is reopening its flagship store in West Hempstead (Nassau County) on November 22. The family run business went into bankruptcy in 2008, closing eight stores. The business expects to hire 125 full and part-time workers for the West Hempstead location. (Newsday, 10/26/2011)
Regal Cinemas Suffolk 60(Est.) 10-26-2011 The Town of Lynbrook (Suffolk County) is "very close" to striking a deal with Regal Theaters to rebuild the current theater on Merrick Road. The new theater would feature 14 screens and offer "21st century parking technology," allowing residents to find empty parking spots with their cell phones. The approval for the new theater should occur in January, with building to commence 8-10 months later. ( Lynbrook Patch.com , 10/26/2011)
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Run Date: 12-12-2011

Business Contractions

Company County # Jobs Article Date Comments
Arrow Electronics Suffolk 10-18-2011 Arrow Electronics Corp.'s new hires are already headed to its planned new headquarters Englewood, Colorado, at five times the rate of jobs planned for Melville (Suffolk County), and Arrow's October job listings show it's hiring in other states at a higher rate than it is for Melville. On Oct. 11 the electronics wholesaler, a major employer on Long Island since 1960, said it will transfer its headquarters to Colorado and hire 1,250 more workers there in the next five years. The Englewood jobs mostly require advanced degrees, certified public accountant status, or lengthy experience, and several are for high-level management. The three Melville jobs listed in October were for a field sales rep, a trade compliance manager and an Oracle applications engineer. Arrow employs 550 in Melville, a number the company says won't change with the headquarters shift. It has 12,700 workers worldwide. (Newsday, October 18, 2011)
Boulder Creek Steakhouse Suffolk 40(Est.) 10-24-2011 Boulder Creek Steakhouse on Route 58 in Riverhead (Suffolk County) has closed, and auctioned off its equipment and decor. It is the second business to close in the Riverhead Center, since Borders Books closed in September. ( Riverhead Patch.com , 10/24/2011)
MTA/Long Island Bus Nassau 981 10-31-2011 The Metropolitan Transit Authority filed a WARN Notice with the Labor Department saying that it plans to lay off 981 employees, members of Transport Workers Union Local 252, by the end of the year and to shutter its Long Island Bus headquarters in Garden City (Nassau County). Earlier this year, Nassau County struck a deal with Veolia Transportation to privatize the countywide bus service, and the county has said that Veolia will preserve the bus system’s existing fares and routes through 2012, after which time the company will be free to make any changes it sees fit. County Executive Ed Mangano said the county attorney is reviewing the contract with Veolia before sending it to the Nassau Legislature for approval. Veolia has promised to hire existing former MTA employees first, but it seems likely that the formerly unionized drivers and mechanics will take a hit to both wages and benefits under the private company. (WARN, 10/31/11)
Nassau County Nassau 700 10-30-2011 On Oct. 30 Nassau County lawmakers passed a budget anticipating more than 700 layoffs, privatizing Long Island Bus and closing two police precincts at a rare Sunday night meeting the day before the deadline to fill a $310 million projected deficit next year. Left for after Election Day were votes on which police precincts will be closed, the new bus contract and who gets pink slips. Nassau County Executive Ed Mangano has said layoffs can be averted if the county’s five unions agree to $150 million in concessions by Dec. 15. Otherwise, furloughs and layoffs go into effect New Year’s Day. If furloughs are challenged in court, more layoffs go in effect Feb. 1. (Long Island Press, 10/30/2011)
Suffolk County Suffolk 710(Est.) 10-17-2011 Some of Suffolk County Executive Steve Levy's top commissioners warned of the severe impact of his $2.7 billion budget, saying the spending plan would "cripple" their ability to provide services. Top health and social services officials said proposed cuts, including 710 layoffs, will shut down social service centers, halt water testing at beaches, end pollution investigations and put 3,500 potential child abuse victims at risk. "There would be no need for departmental layoffs if the unions would agree to contribute toward their health plan coverage, as does most everyone in the private sector," Levy said in a statement Monday. "We hope legislators will now pressure the unions to negotiate this reasonable concession."
Veeco Instruments Inc. Nassau 10-25-2011 Income and revenue have slowed for the Plainview-based LED toolmaking company Veeco Instruments Inc., due in part to tighter commercial credit, lessened demand for PC hard disks, and a slowdown in flat-screen TV backlighting production. Despite the slowdown, Veeco chief executive John R. Peeler said he expects long-term improvement, but that market conditions for the next few quarters will likely cause sales to lag for its equipment. Veeco Instruments has 900 employees. (Newsday, 10/25/2011)
West Islip School District Suffolk 10-26-2011 In the West Islip (Suffolk County) School District, a committee of parents, residents and district employees are considering 11 possible options, most of which involve shuttering one or two campuses. The district has six elementary, two middle and one high school and serves about 5,100 students. West Islip laid off 35 people last year, including 5 administrators, 20 teachers and 10 support staff and eliminated administrative positions. The teachers union agreed earlier this year to forgo a scheduled 1.5 percent raise and 2.5 percent step increase for six months, saving the district $1 million, and members will also contribute an additional 2 percent to their health care costs. The committee will submit a final report to the board of education on Nov. 9 and the board expects to make a decision by February. (Newsday, 10/26/11)
7 rows retrieved.
Run Date: 12-12-2011

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