Thursday, 21 August 2014 00:00
Remy International is closing the Bay Shore auto parts plant it purchased less than eight months ago. “USA has an outstanding reputation with strong product distribution and a diverse product line,” the acquiring CEO said back then. But the short gap between purchase and closing suggests Remy never intended to keep USA’s plant or its 271 workers, just its customers.
The loss will surely have a ripple effect. Add in the 32 LI employees being terminated by Microsoft, and it’s roughly $12-$14 million in annual salaries that won’t get spent at businesses on Long Island or generate any taxes for schools and cops.
It seems there’s more at issue than the corporate tax rate—recently cut from 7.1 percent to 6.5 percent. Born in a garage in Indiana, Remy now does its manufacturing in countries such as Mexico, Hungary and China, where wages and regulations are low.
Many online commenters believe that only by lowering taxes and wages will we be able to “compete.” But that seems to us a race to the bottom. It’s not our ambition to be the next Hungary or Mexico.
What do you think? Will cutting wages and taxes be the shot in the arm Long Island needs? Or just take us further down the rabbit hole? Vote or comment at www.liweekly.com
Last Updated (Monday, 29 November 1999 19:00) Saturday, 25 October 2014 00:00
James Sokol and Jake Leeds from Boy Scout Troop 298 recently completed their service projects.
Sokol and fellow Scouts replaced the backboards, rims and nets in the basketball court in Nuzzi Park. They also trimmed trees and repainted the court lines.
Last Updated (Monday, 29 November 1999 19:00) Friday, 24 October 2014 00:00
The debate over New York State Common Core standards continues, with students from local school districts showing a mild resistance to the exams.
According to the New York State Allies for Public Education, 39 students in the Herricks School District opted out of the English exam, while 74 did not take the math test. For the New Hyde Park-Garden City Park School District, 17 students did not take the English test while 18 refused to take the math test.
Thursday, 23 October 2014 00:00
The Sewanhaka Indians varsity football team hosted Elmont Spartans on Saturday, Oct. 18 in its final home game of the regular season.
It certainly did not go as the Indians had hoped, falling 18-8, in a mistake filled game. Head coach George Kasimatis said the Indians had their chances, but kept digging themselves into a hole with mental mistakes on both sides of the ball.
Playing from behind, senior running back Brenton Mighty was able to break free for a long touchdown run, to put the Indians on the board.
Thursday, 16 October 2014 00:00
Sewanhaka Indians Head football coach George Kasimatis told his team to expect a dogfight in this weeks game against the New Hyde Park Gladiators, and he was right after its 35-21 victory last week.
“All the kids know each other really well, it’s always competitive when we play each other,” he said.