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 (Tuesday, 23 September 2014 10:07) Saturday, 27 September 2014 00:00
The Sept. 18 meeting of the Herricks Board of Education covered a range of issues, from the district’s overall performance to the sudden death of a student to fiscal and personnel issues—even to the loss of maple trees.
Superintendent of Schools Dr. John Bierwirth announced that the district’s high school had achieved an impressive level of distinction in a recent national survey that measured scholastic achievement; in fact, a great deal of Long Island made the cut, he said.
Last Updated (Monday, 29 November 1999 19:00) Friday, 26 September 2014 00:00
East Setauket restaurant owner Sam Chan is looking to open an 84-seat Asian fusion restaurant at 1215 Jericho Tpke. in New Hyde Park, the former spot of the maligned Empire Billiards Hall
The 3,280-square-foot restaurant would be staffed by 15 employees. Chan and property owner Mark Sommer, a Dix Hills dentist, are requesting 25 off-street parking spaces.
“[Parking was] the only issue we were having a discussion about,” Sommer said after a public hearing last week in front of the village’s board of trustees.
Thursday, 25 September 2014 00:00
Seniors Daniella Ford and Margie Londono highlight a Sewanhaka Indians girls soccer team vying for its second straight winning season.
Ford, who is in her fourth season as starting goalie for the Indians, netted a season-high 24 saves in a 3-1 loss to Valley Stream Central.
“She’s a stud back there,” said Sewanhaka third-year coach Eric Premisler, whose team is 0-3 as of press time, after going 8-3-1 last season. “If we can stop a team from taking five shots because of good defense, Daniella is going to stop another 15 shots. And we’re going to have a chance to win every game.”
Thursday, 25 September 2014 00:00
The Sewanhaka Indians continue to let their presence be felt in Nassau Conference II.
The Indians played their second game as members of the conference on Saturday, Sept. 21, against the Long Beach Marines, topping the south shore squad 51-30.
On the opening drive, the Indians relied on running back Brenton Mighty’s legs to get them into the red zone. On first and goal from the 15-yard line, quarterback Elijah Tracey hit
Michael Parasconda on a screen pass for the first score.