James T. Madore
Business Reporter at Newsday
Business Reporter @Newsday. I report on the NY-area economy and government/biz issues. [email protected], 631-843-2473 or https://t.co/wnfTZ2Z0Bl
Articles
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2 days ago |
newsday.com | James T. Madore
Jennifer and Adam Mason have been looking for a new home for their growing technology business for the past seven years. The couple has finally found what they believe is the ideal spot in Suffolk County — where they very much want to remain — after looking at more than 100 buildings in three states. Jennifer started Mason Technologies Inc. in 2002 after working as a registered nurse.
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3 days ago |
newsday.com | James T. Madore
Two manufacturers of components for medical imaging and defense equipment hope to win larger contracts by moving to the same Hauppauge building. CPC Operations LLC makes amplifiers from parts supplied by IPP Operations LLC. The amplifiers are found in large MRI machines at universities and health care institutions as well as U.S. Navy equipment used to jam communications.
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1 week ago |
newsday.com | James T. Madore
A Hauppauge-based seller of cellphones, computers and other electronics will exceed the 503 jobs that it promised to create within two years in return for tax breaks from Suffolk County. "We definitely see more jobs being created," Mike Narula, CEO and founder of Orbic Electronics Manufacturing LLC, said on Wednesday. He did not provide a number but the company now has 42 employees in the county. The size of Orbic's first U.S. factory at 555 Wireless Blvd.
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1 week ago |
newsday.com | James T. Madore
A seller of cellphones, laptops, hotspots and other electronics is proposing to double the size of the Hauppauge factory it wants to open to move production from China. Orbic Electronics Manufacturing LLC plans to construct a 75,000-square-foot addition to its present home at 555 Wireless Blvd. The new structure would be on top of 60,000 square feet that are to be converted to manufacturing, according to an application for tax breaks from the Suffolk County Industrial Development Agency.
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1 week ago |
newsday.com | James T. Madore |Lee Meyer
Dede Gotthelf has spent the past weeks preparing her Southampton Inn for the crucial summer season, which began on Memorial Day. But this year, her familiar routine has been interrupted by telephone calls from Canadians canceling their hotel bookings.
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Can feds recover $100M in COVID-19 aid that 31 Long Islanders stole? So far, $3.6 million has been recouped from 11 defendants after sentencing. Together, they were ordered to pay $19 million in restitution. @Newsday @EDNYnews https://t.co/Im29XqRbPG
What to know about latest @SocialSecurity overpayment rule change Effective April 25, the agency started deducting up to 50% of the overpayment amount from a beneficiary's monthly check instead of 100%, officials said. https://t.co/yNcfqcgsDn
BREAKING: $86 million sale of The Harborside in Port Washington could close on Tuesday Focus Healthcare Partners LLC would take control of the property and have it managed by Chelsea Senior Living, which runs four other retirement homes on Long Island. https://t.co/ZTfdnK8BlT