Suffolk IDA

Stakeholders unite to support pharma/nutra’s future

By GREGORY ZELLER // With more than 150 companies and 9,800-plus employees, the pharmaceutical/nutraceutical industry is already a Long Island cornerstone – and some major regional stakeholders want to see it grow. On Tuesday, the Suffolk County Industrial Development Agency and the Workforce Development Institute officially introduced “Driving Suffolk County’s Innovation Economy: The Pharmaceutical/Nutraceutical Growth Factor,” a 48-page report detailing pharma/nutra’s impressive growth over the last decade and the unique obstacles the industry faces on…


One and done for IDP Consulting, Suffolk IDA

By GREGORY ZELLER // It’s a win for Suffolk and a loss for Nassau, though ultimately, Long Island comes out ahead. The Suffolk County Industrial Development Agency on Thursday approved an incentives-laden deal for IDP Consulting, a 30-year-old IT firm that will use the assistance to relocate from Jericho to Hauppauge. The sales tax-abatement incentives package will allow the company to sink $315,000 into leasing, renovating and equipping its new 6,200-square-foot office on Engineers Road….


IDA: Big forward step for Huntington Station plan

By GREGORY ZELLER // The Suffolk County Industrial Development Agency is a step closer to finalizing a tax-incentives package that would trigger a massive Huntington Station redevelopment effort. At its meeting Thursday in Hauppauge, the Suffolk IDA issued preliminary approval of a deal that would encourage Renaissance Downtowns at Huntington Station LLC, a real estate development spinoff formed specifically for the Huntington Station project, to commence the first phase of a larger downtown-redevelopment effort. Phase…


Suffolk IDA makes Comtech pitch

Rack that up as a fairly profitable day for Comtech Telecommunications Corp. First, the Melville-based high-tech manufacturer announced Thursday morning that it has received a $1.3 million funded order from the federal government for a new microwave network and associated power systems. Then, later Thursday, Comtech PST Corp. – part of Comtech’s Government Solutions segment – announced multiple orders for high-power radio-frequency amplifiers from multiple domestic manufacturers, totaling approximately $5.8 million. And finally, at its…


United it stands, with help from the Suffolk IDA

A 33-year-old biotech will purchase and renovate its longtime Hauppauge home, thanks to tax breaks approved Thursday by the Suffolk County Industrial Development Agency. Synthetic vaccine manufacturer United Biomedical Inc. will undertake an $8.4 million effort to purchase and renovate the 43,000-square-foot facility it has leased since 1992. The IDA’s incentive package will also help the company, which originally launched in Delaware and established its Hauppauge headquarters after seven years, to furnish its renovated facility…


Harvest Bakery lands Suffolk IDA support

The Suffolk County IDA approved a benefits package to assist an expansion of Harvest Bakery, a manufacturer of home-style bakery products for local vendors and wholesale distribution, at 865 Waverly Ave. in Holtsville. The company plans to acquire the 24,000-square-foot building and renovate it for food preparation, manufacturing and bakery product storage. Harvest was founded in a garage in Bohemia 18 years ago by Robert Marconti and Jose Gonzalez, who have since grown the company to include 23…