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Business Expansions and Contractions - Long Island Region March 2015

Business Expansions and Openings

Southampton-based Hampton Jitney will open a bus terminal and maintenance facility in Calverton (Suffolk County) this summer, a project that has cost $10 million. The 41-year-old company, which is best known for ferrying beachgoers to the East End, plans to hire about 26 new drivers and mechanics to work there. The company currently employs about 200 employees.

 

Certified Laboratories Inc., a food-testing business, wants to triple the size of its local operation by purchasing, renovating and equipping a former Northrop Grumman office in Melville (Suffolk County) for $10 million. In exchange for tax breaks from the Suffolk County IDA, Certified pledged to add between 20 and 30 people to its local payroll by 2020. The 89-year-old company performs tests for meat and dairy processors, pharmaceutical companies and businesses importing food from outside the United States. The tests help to determine quality, safety and nutritional value.

 

Twelve employers have pledged to add 226 jobs and invest $15 million in return for discounted electricity from New York State over seven years. The company doing the most hiring is Evans & Paul of Plainview (Nassau County), which expects to add 125 people to its payroll of 45. Demand is increasing for its kitchen and bath products, which are made from DuPont's Corian material, granite, stone and other solid surfaces. Among the dozen power recipients, Century Direct LLC has the biggest project, valued at $4.2 million. The printing and direct-mail marketing business is moving from Queens to Islandia (Suffolk County). It will retain 312 jobs and create 75 more in return for 256 kilowatts. Creative Bath Products Inc., which turns out plastic soap dispensers, wastebaskets and toothbrush holders in Central Islip (Suffolk County), has pledged to add 10 people to its workforce of 200.

 

The five new START-UP NY tenants at Stony Brook University (Suffolk County) will create 58 jobs over five years and invest $5.9 million in equipment and facilities. The largest promised investment -- $3.7 million -- is from AJES Life Sciences LLC., which provides preclinical and toxicology testing for drug developers. The company expects to hire nine people by 2020. STS Global Inc., provider of satellite and other telecommunication services for media companies and governments, will create 27 jobs. SynchroPET Inc., which produces scanners for medical purposes using technology developed at Brookhaven National Laboratory, expects to hire six people in five years. BriteHome LLC is developing a home automation system using wireless technology and will create seven jobs. Theragnostic Technologies Inc. is developing an MRI contrast agent that's potentially safer and less expensive than what is currently in use. They plan to hire nine people. In addition to the 19 companies accepted at Stony Brook, two have been accepted into the START-UP NY zone at Farmingdale State College. Together, the 21 companies have pledged to create 239 jobs and invest nearly $16 million.

 

The Suffolk County Industrial Development Agency unanimously voted Thursday to support a $2.3 million tax break for a proposed veterans assisted-living center in Northport (Suffolk County). The Northport Veterans Affairs Medical Center has been working with Sarasota, Florida-based developer Communities for Veterans for approval to build a $47.5 million, 110-unit facility on the hospital's grounds. Officials said 86 of the units would be assisted-living. The center -- to be called Freedom's Point at Northport Assisted Living and Memory Care -- would be on a 10-acre wooded area on the northeast corner of the VA campus. The developer would like to break ground on the estimated 14-month project in April 2016.

 

Shake Shack will open its second Long Island location in Melville (Suffolk County). Shake Shack opened its first Long Island location at the Gallery at Westbury Plaza in 2013, and has plans for more here in the future.

 

Business Contractions and Closings

Arrow Electronics Inc., once Long Island's largest public company by revenue, is shrinking its local workforce again. The electronic parts distributor plans to relocate 150 jobs from Melville (Suffolk County), mostly in its finance, legal and transportation services departments, to the company's headquarters in Colorado, said spokesman John Hourigan. That would leave 265 Arrow employees on Long Island, compared with as many as 1,000 the company once employed here. Most of the 150 employees will be offered relocation assistance. Employees who decline to move will receive severance benefits. An information-technology unit will stay here.

 

(Update) Dublin-based Actavis is laying off more than 400 workers on Long Island from recently acquired Forest Laboratories, far more than the fewer than 50 that the first filings with New York State regarding cutbacks indicated. A March 6 Worker Adjustment and Retraining Notification Act filing indicated that 412 workers related to the commercial packaging operations would be affected on Long Island, including 47 remote sales staff. The sites affected are in Commack, Farmingdale, and Hauppauge (Suffolk County).

 

The Visiting Nurses Association of Long Island is laying off 93 workers by June 30, due to cuts in Medicare and Medicaid payment rates, which reduced its revenues. They are located in Garden City (Nassau County)

 

Duralee Fabrics, which manufactures drapes and upholstery, will lay off 64 of its Long Island employees and is selling its Bay Shore (Suffolk County) building as part of the company’s relocation to North Carolina. About 60 workers will still be based in the company’s executive offices here. A handful of the firm’s laid-off employees will take jobs at the North Carolina plant. The company also operates a showroom in Syosset which won’t be affected by the move.

 

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