Excelsior Jobs Program

No. 262: Mission is a go, Topspin buys some spin … and climate change in New Jersey?

TGI December: Let’s not mince words – this week was a slog, after the stuffed-belly, four-day respite of the Thanksgiving holiday. But Friday is upon us again, as is December, which in addition to the holidays you know boasts National Pie Day (today), World Human Rights Day (Dec. 10) and, believe it or not, Monkey Day (Dec. 14), which as of 2000 is actually a thing. Please use this information responsibly. And tell us about…


With ESD’s help, Seviroli plans a new pasta course

By GREGORY ZELLER // A maker of “artisan dining at home” selections is expanding its foodie-friendly Long Island footprint. The Empire State Development Corp., Albany’s main economic-development engine, announced Thursday that Seviroli Foods Inc. will grow its regional presence with the acquisition of a 33,000-square-foot production and warehouse facility in Garden City. Leveraging $350,000 in performance-based tax credits offered through ESD’s Excelsior Jobs Program, the company will invest $9 million to acquire and renovate multiple…


With new HQ looming, Amazon adds 2K in NYC

By GREGORY ZELLER // Long Island may (kinda) still be in the running for Amazon.com Inc.’s ballyhooed second headquarters, but new administrative digs for the e-commerce titan – and thousands of good-paying jobs – have landed slightly west. Governor Andrew Cuomo on Thursday announced that Amazon will expand its New York City presence with a new office at 5 Manhattan West. Jeff Bezos’ 1994 startup is slated to invest $55 million bringing the 359,000-square-foot space up to…


Promises made, promises kept in Brentwood

By GREGORY ZELLER // With new equipment and a pending real-estate deal, a Brentwood business is making good on its commitments to Empire State Development, Albany’s main economic-development engine. Nearly four years after Gov. Andrew Cuomo announced that manufacturer Thuro Metal Products Inc. would receive $200,000 in Excelsior Jobs Program performance-based tax credits, it’s payback time. The company said this week it has acquired two state-of-the-art Computer Numerical Controlled metal-fabrication machines that will help it…


Albany’s $35M offer keeps Nature’s Bounty Co. on LI

A leading global wellness company is dramatically expanding its Long Island operations. The Nature’s Bounty Co. will create 157 new jobs – and retain 2,042 existing jobs, counting all 11 of its Long Island facilities – while investing more than $142 million to “modernize and expand” its Island operations, according to a statement from Empire State Development, Albany’s lead economic-development agency. The company, which is headquartered in Ronkonkoma, will be relocating operations from California and…


With $650M bet, Cuomo all-in on life sciences

By GREGORY ZELLER // New York has launched a “groundbreaking” $650 million initiative to support life-science industries across the state. The initiative, announced Monday, will offer investment capital, operating support and tax incentives to companies dabbling in biotechnology, pharmaceuticals and life-systems tech, as well as “organizations and institutions that devote the majority of their efforts to the various stages of research, development, technology transfer and commercialization,” according to Gov. Andrew Cuomo’s office. Included in the…


Best Market, Albany cooking up LI ‘food hub’

Regional grocery chain Best Market will take over about one-third of the former Entenmann’s facility in Bay Shore, Gov. Andrew Cuomo announced Tuesday, the first step in the establishment of a new Long Island “food hub.” The privately held, family-owned company – which started with small fruit-and-vegetable stores in Brooklyn and now manages 30 supermarkets in New York, Connecticut and New Jersey, including its newest in Islip – will consolidate distribution operations and its corporate…


Broom maker sweeps up state support

Industrial broom maker Super Sweep has agreed to add 29 jobs and expand manufacturing in Huntington Station through a deal cut with the New York’s Empire State Development agency. The added jobs will bring the company’s staff to 35 while expanding into 25,000 square feet, the state said in announcing the deal Friday morning. “The success of homegrown companies like Super Sweep is proof of the resurgent strength of Long Island’s economy,” Gov. Andrew Cuomo…


Benefits help swing door firm’s decision to stay

Instead of relocating to Pennsylvania, a manufacturer with deep Long Island roots and a 110-strong payroll is staying put – and will even add 21 new jobs at its Port Washington operation. Hollow-metal door manufacturer LIF Industries had considered leaving its current 163,000-square-fooot facility for new digs in the Keystone State, according to Empire State Development. LIF, dba Long Island Fireproof Door, traces its history to the Long Island Kalamein Door Co., a circa-1930s startup….