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Hudson Valley Region, November 2014

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

November 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
Nothing to report.

Orange County
Kolmar Laboratories, Inc.,
a manufacturer of cosmetic and personal care products, will use a grant of up to $250,000 for the construction of a bulk manufacturing area for dermatological preparations. The company planned to expand its manufacturing space in Port Jervis (Orange County) to accommodate research and development for new products. Kolmar applied for funding through the Regional Council CFA process and received a $250,000 grant, without which the company would have had to delay or cancel its expansion plans. This project will allow to company to retain its existing workforce of 412 workers and creating 36 new jobs.

Matahari Inc., an import-export company in Nyack, plans to expand in the region. The wholesaler of globally inspired home furnishings recently purchased a 9,000 square-foot facility in Middletown which it will use for warehousing. The company plans to hire several employees at the Middletown location.

The Orange County Industrial Development Agency recently granted some tax incentives to Churchill Properties to build a 120-room hotel in Highland Falls. The 109,000 square-foot Old Guard Hotel will receive an estimated $650,000 sales tax exemption relating to construction supplies and equipment, a $210,000 mortgage tax exemption and $2.2 million property tax abatement. Full property taxes will be phased in over 10 years. The project is expected to create about 100 construction jobs and about 60 permanent jobs once the hotel is opened.

Putnam County
Nothing to report.

Rockland County
Active International,
who facilitates the barter of business services between corporations, has decided to keep its headquarters in the Hudson Valley. This includes media, marketing, travel, retail marketing, shipping and other businesses. After mulling over several options, including relocating and building a new facility outside of New York, the company has decided to renew its lease at Blue Hill Plaza in Pearl River, through 2029. Empire State Development offered Active a performance-based grant of up to $1 million to use toward renovating and modernizing its current facility, which is tied directly to the company’s commitment to retain its estimated workforce of more than 315 full-time employees there. Active International employs more than 500 people worldwide, including in Australia, Brazil, Canada, China, France, Germany, Hungary, Japan, Korea, Mexico, Poland, Spain and the United Kingdom.

The Shops at Nanuet, an outdoor mall with more than 50 specialty stores, will add three new stores to its expanding list. They will include: Tutti Nails and Spa, a high-end, full-service salon; Lee Lee’s Forest, a Manhattan-based women’s boutique, offering dresses, jewelry and accessories; The Walking Company, a shoe store, specializing in technically advanced comfort shoes with brands from around the world.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Cintas Corp,
a national uniform-supply company has once again resurrected plans for a laundry plant in Yonkers. Nearly seven years after seeing its proposed construction project rejected by planning officials in Yonkers, the Cincinnati-based company is seeking the support of the Yonkers Industrial Development Agency, before going to the city planning board for approval. Cintas would like to consolidate its uniform-supply and service operations for its 30,000 customers in the New York Metropolitan area and neighboring counties to a 60,000 square-foot facility to be built at 325 Corporate Blvd. South in Yonkers. The new $25.1 plant would include a 13,000 square-foot laundry, 9,000 square feet of office space and additional sales, service and maintenance areas. The plant would employ about 160 workers, with 50 percent or more of the jobs to be filled locally after some company employees at its facilities in North Salem and Port Washington transfer to Yonkers. The project is also expected to create an additional 25 full-time construction jobs over the 11-month construction period.

Financial Asset Management Corp, a Manhattan-based financial planning and wealth management firm, plans to open a new office in Chappaqua. No job numbers were announced.

Monte Nido & Affiliates, a Southern California-based company has turned an 11-acre property in Irvington into a residential eating disorder treatment center. The company which specializes in treatment for anorexia, bulimia, binge eating and exercise addiction, also owns centers in California, Oregon, Massachusetts and Manhattan. The new Irvington center admits female clients, ages 18 and older, in need of urgent and around-the-clock treatment. No job numbers were announced.

SunCap Property Group based in Charlotte, N.C. plans to demolish the Tuckahoe Motor Inn to build a distribution center for FedEx. The company is asking city officials to rezone the motel’s land from restricted business to industrial so that it can build a 121,883 square-foot warehouse on the property. FedEx would use the facility as a ground distribution center. SunCap will only buy the land if city officials approve the rezoning of the land.

Westchester’s Ridge Hill announced plans for eight new stores, including The Container Store and 5 Napkin Burger. The new stores will occupy about 50,000 square feet of retail space at the Yonkers complex. The 25,000 square-foot Container Store is expected to open in mid-2015, with Starbucks opening in January, while Muse Paintbar, and Hand and Stone Spa, 5 Napkin Burger, and Angelo’s restaurant are anticipating a mid-2015 opening.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Castle Oil Corp.
in Harrison filed a WARN notice on November 4, 2014 with NYS Department of Labor in anticipation of a mass layoff. The company, one of the largest independent fuel oil distributors in the New York metropolitan area was recently acquired by Sprague Resources L.P. for $53 million in cash and stocks. The company will lay off 78 employees at its Harrison location between December 3 and December 15, and another 104 employees at its two locations in the Bronx.

STRIKES AND LABOR DISPUTES

Tappan Zee Constructors, the builder of the new Tappan Zee Bridge, is accusing leaders of the United Brotherhood of Carpenters and Joiners of America and its two affiliates, Dockbuilders Local 1556 and Carpenters Local 279, of concocting a “back-room” deal to squeeze an extra $7 million out the project for their members. The ongoing legal battle 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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