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Hudson Valley Region, August 2014

 

FIRM EXPANSIONS AND CONTRACTIONS 

Hudson Valley Region

August 2014

 

New York State Department Of Labor 

Division of Research and Statistics

120 Bloomingdale Road, Room 218

White Plains, NY 10605

914-997-8798

  This briefing provides information on firm-specific hiring and layoff announcements in the Hudson Valley.  The 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 occur in the near future.

 

BUSINESS EXPANSIONS FOR THE HUDSON VALLEY REGION

Dutchess County

Gap Inc. announced plans to expand its operation in Dutchess County. The clothing retailer will invest $96 million to expand and renovate its distribution center in Fishkill, including purchasing new machinery and equipment related to the support of the growth of the company. The company currently has an estimated 428 full-time employees at the facility and plans to another 1,200 employees over the next five years, with salaries ranging from $21,840 to $42,000. Empire State Development is providing the company up to $12 million in performance-based Excelsior Jobs Tax Credits, which are tied directly to job creation and investment commitments.

 

Mensch Grasmere, L.L.C., plans to convert the Grasmere Estate in Rhinebeck into a boutique hotel, spa and resort. The $48 million investments project would create an estimated 165 new jobs. The Grasmere project was among 25 proposals that were endorsed by the Mid-Hudson Regional Economic Development Council.

 

Orange County

Hudson Valley Lighting, a major employer in Orange County is interested in building a new headquarters on Scobie Drive in Newburgh, retaining and or creating 230 jobs. For this project to proceed, the city of Newburgh needs to secure funding from the federal Economic Development Agency (EDA) to make key sewer and water infrastructure improvements. If and when these key improvements are made, the company would create 50 new jobs, while retaining its existing workforce estimated at 180 in its new facility.  In addition, the infrastructure investment would create 30 to 60 temporary good-paying construction jobs.

 

Two Orange County hotel developers announced plans to build a new hotel at the site of the former Wallkill Town Hall property on Route 211.  Jake Kriney and Chet Patel, partners in JCA Hotels, will buy the property for $1.6 million and invest an additional $7 million to $10 million to build the four-story, 99-room hotel. The company will not seek benefits from the Orange County Industrial Development Agency.

Putnam County

Nothing to report.

Rockland County

A Legoland theme park is being discussed as a possible project at the former Letchworth Village property in Thiells. Legoland was among 25 proposals endorsed by the Mid-Hudson Regional Economic Development Council and submitted to receive state grants. The theme park proposed for the 175-acre property owned by the Town of Haverstraw, would potentially be followed by a Legoland water park, and a Legoland hotel. Merlin Entertainments, a British company, operates Legoland theme parks with U.S. locations in California and Florida and overseas in Denmark, England, Germany and Malaysia.

 

Verizon recently announced plans to expand its workforce in Rockland County.  The company plans to hire 50 full-time sales positions in its telesales center in Orangeburgh and 20 full and part-time sales positions in its retail locations in Nanuet and West Nyack.

Sullivan County

Nothing to report.

Ulster County

DragonSearch, a New York-based national digital marketing firm, recently opened a new office on North Front Street, in Kingston. No job numbers were available.

 

General Nutrition Corp., a national nutritional supplement retailer, recently signed a lease to open a new store on Boston Post Road in Port Chester. GNC will join other notable tenants at the shopping center, including LA Fitness, Sleepy's, Pet Spa, Subway and Edible Arrangements. No job numbers were available.

 

Julie’s Pies and Cheesecakes recently opened a store on Hamilton Drive in the hamlet of Kerhonkson.  The new eatery offers a selection of cakes, including fruit pies, cream pies, cheesecakes and carrot cake.  No job numbers were available.

Westchester County

First Niagara Bank recently announced plans to relocate its tri-state regional headquarters from Nyack to Tarrytown by the end of the year. The bank leased 30,000 square foot of second floor space on White Plains Road, where it plan to move 75 employees from its South Broadway location in Nyack.

 

Forest City Ratner Cos., the owner and operator of Westchester’s Ridge Hill complex in Yonkers, recently announced plans to add five new tenants to the mega shopping facility.  They include: 5 Napkin, a burger restaurant chain, Hand and Stone, a spa franchise; Poll Restaurants; Wine Zetta; and an Allstate office. No job numbers were available.

 

Construction recently began on the second phase of the Heritage Homes project. The public housing redevelopment project in New Rochelle will replace the city's Hartley Houses complex.MacQueen Development L.L.C., a Mount Vernon-based company, along with the New Rochelle Municipal Housing Authority, are replacing the Hartley Houses with 228 town house apartments in a $72 million project that is to be completed in three phases. The second phase of construction, which will add 49 two-bedroom apartments and seven three-bedroom units in two story and three story buildings, is scheduled to be completed by June 2015. No job numbers were available.

 

SME Development Partners L.L.C. recently received site plan approval from the Village of Elmsford to build an 81-unit apartment complex, on Main Street. The $27 million, 92,000 square-foot  project will include a 71-unit, four-story residence over a covered garage and a 10-unit, 2.5 story building in addition to street-level retail space. It is estimated that the project will create 123 construction and permanent jobs.

Xylem Inc., a global water technology company, will receive up to $1 million from Empire State Development towards partial construction and renovation of its new headquarters in Rye. The company will create 15 new jobs while retaining its existing Westchester County workforce estimated at 105 employees.

 

 

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County

Nothing to report.

Orange County

Circor Flow Technologies filed a WARN notice with the NYS Department of Labor in anticipation of a mass layoff that was to occur between November 2013 and September 2014.  About 55 employees are impacted.

Putnam County

Nothing to report.

Rockland County

Teva Pharmaceutical filed a WARN notice with the NYS Department of Labor in anticipation of laying off 8 employees between June 30 and October 24, 2014.

Sullivan County

Nothing to report.

Ulster County

Nothing to report.

Westchester County

Nothing to report.

  

LABOR DISPUTES

 

Tappan Zee Constructors, the builder of the new Tappan Zee Bridge, is involved in a legal dispute with the United Brotherhood of Carpenters and Joiners of America and its two affiliates, Dockbuilders Local 1556 and Carpenters Local 279. The dispute stems over which trade has jurisdiction over certain work on the bridge's foundation. Under the union's plan, costs would be $7.3 million higher because workers would earn the Dockbuilders' hourly wage and benefit rate of $92.47, which is $22 an hour more that the carpenters' compensation.

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