By GREGORY ZELLER //
A Suffolk County Industrial Development Agency incentives package will spark the $15 million renovation of a vacant Hauppauge property.
The IDA has issued preliminary approval of a tax-abatement deal for Piping Rock Health Products, a Ronkonkoma-based LLC that – in addition to several other operations across the country – already boasts 11 Suffolk County facilities, and will now add a 12th on Davids Drive.
Piping Rock – a 2011 startup that manufactures and distributes health and wellness products including vitamins, nutraceuticals and essential oils – will remake a vacant, 44,950-square-foot data center into a state-of-the-art pharma-manufacturing facility.
The company, which already employs 564 in Suffolk County alone, expects to create 110 full-time jobs at the site within two years – cementing Piping Rock as a proven jobs-maker and vital component in Suffolk’s burgeoning health/wellness cluster, according to Suffolk County IDA Executive Director Tony Catapano.
“For nearly a decade, Piping Rock Health Products and its affiliate companies have contributed a great deal to the county’s economy,” Catapano added. “We are pleased to support this company and its latest endeavor that promises to continue delivering opportunities for Suffolk County residents.”
Although Piping Rock has grown into a significant Suffolk County player, the new incentives package – which must still undergo a full IDA review and final approvals – marks the first time the 10-year-old manufacturer/distributor has received Suffolk’s direct assistance.
And it’s much appreciated, according to Piping Rock Health Products President Michael Rudolph, who called Long Island’s eastern county “the preferred location for the continued expansion of our operations.”
“We already have great relationships with the [Babylon Industrial Development Agency] and the [Islip IDA] and are excited to work with the Suffolk IDA for the first time,” Rudolph said in a statement. “Our continued expansion in this region is a true testament to what a company can achieve with assistance from an IDA.”