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People July 25, 2017

BNL mourns death of particle-physics pioneer Ozaki

Satoshi Ozaki, a world-renowned physicist who helped design and build numerous particle accelerators for scientific research on two continents, died July 22, according to a statement from Brookhaven National Laboratory. He was 88. Ozaki, a BNL senior scientist emeritus, was a key driver of international collaborations in high-energy and nuclear physics, including highly regarded work at Brookhaven Lab’s Alternating Gradient Synchrotron and Relativistic Heavy Ion Collider. Calling him “one of the world’s foremost accelerator builders,”…

Space July 25, 2017

NASA taps NYIT for critical rocket-propulsion sensors

By GREGORY ZELLER // A New York Institute of Technology engineering professor is contributing to the creation of specialized sensors that could help test the next generation of space propulsion systems – and one day blast into the void themselves. Fang Li, an assistant professor of mechanical engineering at NYIT’s School of Engineering and Computing Sciences in Old Westbury, is partnering with X-Wave Innovations Inc., a Maryland-based R&D firm, on the development of an embedded…

News July 25, 2017

Island unemployment rate inches higher

Long Island’s unemployment rate ticked up to 4.2 percent in June, rising 0.2 percentage points from a year ago. Nassau County’s rate increased by 0.3 percentage points to 4.1 percent, while the Suffolk rate increased by 0.2 percentage points to 4.3 percent. By comparison, New York State’s rate was 4.5 percent and the national rate was also 4.5 percent. In Nassau, the highest pockets of unemployment were in Hempstead Village (5.2 percent) and Glen Cove…

Workforce July 24, 2017

CBRE: Tech talent, Millennials rising on LI

Long Island’s pool of potential technology workers grew by almost 25 percent in the last five years, according to the annual Scoring Tech Talent Report just out from real estate giant CBRE Inc. The report ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Overall employment in the sector increased by 56 percent in those markets between 2011 and 2016, CBRE reported. The New York metro area was…

Health July 24, 2017

Israeli innovators extend Northwell’s global reach

By GREGORY ZELLER // The Northwell Health system is going international, again, with its latest collaborative effort. Following recent alliances with multiple domestic partners and several spanning the globe – largely, partnerships with commercial entities focused on everything from wearable medical devices to advanced cardiac care to cutting-edge orthopedics – the New Hyde Park-based health system has signed an agreement with the Israel Innovation Authority to partner on next-level patient-care innovations. Researchers from both entities…

Calendar July 24, 2017

Stuff we’re thinking about going to

July 26: The New York State Economic Development Council has scheduled Information Security for Manufacturers, a webinar on safeguarding information assets designed specifically for small to mid-sized manufacturers, from 1 pm. to 2 p.m. Participation is free but registration is a must. July 27: The Suffolk County Industrial Development Agency has scheduled its regular monthly meeting for 12:30 p.m. in the Human Services Conference Room, third floor of the H. Lee Dennison Building in Hauppauge. Prior…

Manufacturing July 24, 2017

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…

IT July 22, 2017

With Watson’s help, Adelphi hackers wow IBM judges

A team of crack Adelphi University computer-science students took second place, and a step toward a potential commercial venture, at a recent New York City hackathon. Students Sarthak Arora, Prasanth Venigalla, Jai Punjwani and Harmit Minhas, all projected members of the Class of 2018 at the Garden City university, captured the $1,500 runner-up prize at the API-First Hackathon, a three-day June coding event sponsored by MobileMonday, a national community of innovators, entrepreneurs and other tech-minded…

Media July 21, 2017

‘Madam’ calls, and Spectronics Corp. goes all CIA

By GREGORY ZELLER // From the Art Imitates Life file comes the Spectronics Corp., which is absolutely ready for its latest closeup. The Westbury manufacturer smiled for the cameras on Friday, when production of the CBS Network political drama “Madam Secretary” moved in for a day of location shooting. Spectronics Corp.’s 100,000-square-foot facility played the role of a Virginia company that’s (spoiler alert) actually a CIA front, in an episode slated for broadcast later this…

Law July 20, 2017

Fomer FBI agent heads experienced RMF cyber group

By GREGORY ZELLER // A former FBI special agent will help lead Ruskin Moscou Faltischek’s beefed-up cybersecurity group. A “major expansion” of the Uniondale law firm’s Cybersecurity and Data Privacy practice group places two recent acquisitions – partner Steven Kuperschmid and Richard Frankel, of-counsel – in charge of a nine-attorney squad focused on data security, regulatory compliance and breach response. Ruskin Moscou Faltischek’s cybersecurity practice actually launched several years ago to focus on issues related…

IT July 20, 2017

At Fred Dunwoody’s, when you’re write, you’re right

By GREGORY ZELLER // The writing is on the wall at FJD & Associates, and it looks like founder Fred Dunwoody was right all along. Dunwoody, who leveraged a long-term sales career in imaging-related industries into his 2010 startup, knew that healthcare trades would eventually become a cornerstone of his bottom line. His Westbury-based tech firm distributes high-tech document and data-capture solutions for paper and tablets – the cutting edge of “digital writing” – and…

Workforce July 20, 2017

Employment up 1.7% as the hospitality sector rocks

Long Island added 19,000 jobs in the year ending in June, a 1.7 percent increase that brings the region’s total private sector employment to 1,172,200, the Labor Department reported Thursday. The increase was in line with national numbers and slightly below New York State job growth of 1.9 percent. Statistically, all of the growth came between May and June, when the region added a record 19,000 jobs, well above the historic average for the period…

Transportation July 19, 2017

Cuomo rides the rails at LIA luncheon

By GREGORY ZELLER // A day after New Jersey Gov. Chris Christie was lustily booed at Citi Field after snagging a foul ball, New York’s own Andrew Cuomo gracefully fielded a pop-up – and brought down the house – at a Long Island Association luncheon. Playing to an extremely favorable crowd at the Crest Hollow Country Club in Woodbury, Cuomo was interrupted by several ovations as he reported progress on multiple fronts in the state’s…

Biotech July 19, 2017

Throwing in more towels, and that’s very good

By GREGORY ZELLER // Another week, another significant partnership for Applied DNA Sciences, which continues to make itself at home in the national textiles market. The Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies has signed a multi-year licensing agreement with Loftex Home LLC, a well-known maker of high-quality towels and other home textiles. The new deal builds upon a prior agreement between Applied DNA and New York City-based Loftex Home, announced…

Economic Development July 19, 2017

Feds OK $537M loan for NYC’s Farley train project

New York has been greenlighted for more than $500 million in federal loans to covert the Farley Post Office building in Manhattan into a modern transit hub, replacing the rabbit warren of tunnels known as Penn Station. The credit program, formerly called the Transportation Infrastructure Finance and Innovation Act but better known as TIFIA, has been used repeatedly by the state for big construction projects, including the State Island ferry terminals and the new Tappen…

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