Suffolk IDA deals responsible for 1K jobs
The Suffolk County Industrial Development Agency closed almost a dozen deals in the first half of 2016, creating or helping hold onto almost 1,000 jobs. in the first six months…
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Traverse, SUNY, DoD set big test for TRB-N0224
Stony Brook-based biotech Traverse Biosciences will share a Department of Defense award with SUNY Upstate Medical University to fund a critical field test of Traverse’s leading drug candidate. The effectiveness…
Study is big news for Vagus pioneer Tracey
By GREGORY ZELLER // Medical science has taken an enormous step toward “using electronics to replace drugs.” Kevin Tracey’s words sound downright science-fictional. And no, researchers cannot wave a medical…
Albany continues whirlwind LI romance
By GREGORY ZELLER // A state administration that once seemed unable to find Long Island on a map continues to pay special attention to Nassau and Suffolk counties. One day…
Praise for Westbury’s $10M downtown award
By GREGORY ZELLER // Downtown Westbury will get a $10 million lift through Gov. Andrew Cuomo’s Downtown Revitalization Initiative. Cuomo, who’s been touring New York’s 10 economic zones this week…
Watchdog: Newsday buyback is good news
By GREGORY ZELLER // The international horse-trading that landed Long Island’s primary newspaper back in domestic hands is a horse of another color for a staunch opponent of the recent…
Applied DNA, Melville startup in doc deal
By GREGORY ZELLER // Applied DNA Sciences has its eyes on sensitive government documents and critical legal evidence. The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist has signed a…
Winthrop, NYU Langone in partnership talks
Mineola’s Winthrop-University Hospital is in partnership talks with NYU Langone Medical Center. “This first step represents a momentous milestone for Winthrop,” John Collins, the hospital’s president and chief executive, said…
GE stall, Asian slump nip Park Electrochemical
A weakened Asian market contributed to year-over-year and quarterly drops in net sales and earnings for Park Electrochemical Corp. – though an international aerospace rebound may have the Melville manufacturer…
Coming together to manufacture LI’s future
By GREGORY ZELLER // A multi-agency effort to give displaced workers modern manufacturing skills is about to graduate its first batch of reeducated professionals. And the Advanced Manufacturing Training program…
MTA’s mobile-ticketing app debuts on LIRR
A Long Island Rail Road branch is one of the first regional railroads to offer remote ticket purchasing through the Metropolitan Transit Authority’s new eTix app. MTA eTix officially debuted…
Economic development with surgical precision
By GREGORY ZELLER // With design in its DNA, MIDI Medical Product Development has a long commercialization history. With its new Innovation Center, the veteran Smithtown maker is focused squarely…
Top SBDC honors for three LI entrepreneurs
Three Long Island small-business owners were among nine statewide earning SUNY Entrepreneur of the Year honors this week. Two clients of the Farmingdale State College Small Business Development Center and…
Understanding the specifics of a business divorce
By CARL CORRY // Breaking up is hard to do, so Uniondale-based law firm Farrell Fritz has set up a practice group to make things as easy as possible for…
Ex-Briarcliffe College prez gets technical at TCI
The Manhattan-based TCI College of Technology has tapped a longtime Long Island college administrator to be its new president. Bethpage resident George Santiago Jr. is TCI’s new president and CEO,…