Manufacturing

Nature’s Bounty sells $3 billion share to KKR

Investment giant KKR & Co., which owns stakes in everything from GoDaddy to Hicksville’s Broadway Mall, is buying a majority share of The Nature’s Bounty Company Inc., the Ronkonkoma-based vitamin and food supplement maker formerly known as NBTY Inc. Financial details were not released, but insiders peg the purchase price at $3 billion. The current Nature’s Bounty owner, international investment firm The Carlyle Group, is keeping a “significant” percentage of the company, according to reports. The…

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ALA Scientific: Improbable past, bright future

By GREGORY ZELLER // Farmingdale’s ALA Scientific Instruments was launched by two men who had what might be diplomatically described as ideological differences. Founders Jonathan Adams and Jurgen List both passed away in the late 1990s. But Adams, a Holocaust survivor, and List, a former Nazi foot-soldier, overcame insuperable odds to form a decades-long partnership – and a friendship that’s actually influenced the course of modern neuroscience. The company’s roots were planted around 1960 in Great…


The Debrief: John Suozzi is breaking with suburbia

Who is John Suozzi? That’s a tough one, even for John Suozzi. Self-described as “someone who’s still being made,” he’s a 2011 Drexel University graduate with a degree in entrepreneurship and a businessman, having managed the Kickstarter campaign for his father’s homegrown gardening tool, The Ring Weeder. He’s also a champion of the maker community – Long Island’s only real economic hope, according to the Glen Cove resident and founding member of the Long Island Maker…


Designs from the cutting edge of innovation

By GREGORY ZELLER // Mark and Linda Nuccio hung out the Design Edge shingle on their Merrick garage in 1987, offering you-name-it design and product development services to comers of all size. Mark’s expertise was from the toy industry, including stints at Ideal, Aura and Long Beach’s HG Toys, where he rose to be vice president of design and marketing. Linda, an illustrator and art teacher, had her own finely tuned eye. But the couple…


Gillibrand signs on to build-it-here bill

New federal legislation aims to keep high-pay, high-skill manufacturing jobs in the United States by brushing up a 50-year-old small-business law. Introduced by New Jersey Democrat Corey Booker and cosponsored by a quartet of U.S. senators including Kirsten Gillibrand (D-NY), the Scale-Up Manufacturing Investment Company Act of 2015 would help fund entrepreneurs and small businesses looking to commercialize or otherwise advance their manufacturing operations. The idea, according to Gillibrand, who discussed the proposed legislation during…