Theresa Ward

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…


Study: Park is the place for ‘tradeable’ opportunities

By GREGORY ZELLER // It already plays a central role in the Long Island economy, but the economic power of the Hauppauge Industrial Park has barely been scratched. So says a new “opportunity analysis” of the Northeast’s largest business park, prepared by the Suffolk County Industrial Development Agency and the Hauppauge Industrial Association of Long Island and announced Wednesday by Suffolk County Executive Steve Bellone. “Hauppauge Industrial Park: Regional Competitiveness and Growth Strategies” spends 160…


Analyzing the ‘power’ of Hauppauge Industrial Park

By GREGORY ZELLER // Regional rainmakers are hitting the gas in a multifaceted effort to rev up one of Long Island’s top economic engines. The Hauppauge Industrial Association of Long Island and the Suffolk County Industrial Development Agency on Friday announced a new partnership focused on Hauppauge Industrial Park, the 1,400-acre industrial cornerstone currently generating more than $870 million in annual income and property taxes. Some analysts think it can do even better – and…


IDA’s numbers look right to Broadridge Investor Coms

By GREGORY ZELLER // An investor-communications specialist will upgrade and expand in Suffolk County, with a little help from the county’s Industrial Development Agency. The IDA on Thursday gave preliminary approval to a transaction that would help Broadridge Investor Communication Solutions, a subsidiary of Lake Success-based Broadridge Financial Solutions, renovate two existing Suffolk County offices and make equipment upgrades at three of the subsidiary’s properties. Among the projects on Broadridge Investor Communication Solutions to-do list:…


Suffolk: Something co-working at Wyandanch Rising

By GREGORY ZELLER // The retail side of the Wyandanch Rising redevelopment project isn’t ascending as quickly as the residential side – but the imbalance has created a unique workforce-development opportunity, and Suffolk County is looking to pounce. The county on Friday applied to the Long Island Regional Economic Development Council for funding to open a technology-focused co-working operation in the Town of Babylon’s ambitious Wyandanch redevelopment project, a smart growth-fueled, mixed-use remaking of 142…