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) Tuesday, 28 October 2014 12:20
Running for his second major office in as many years, Adam Haber touched on familiar themes in a visit to Anton Media Group to discuss his candidacy for the Seventh District New York State Senate seat, where Haber is challenging the Republican incumbent, Jack Martins.
Haber entered politics in 2009, when he ran for and won, a seat on the Roslyn School Board. The district was then reeling from an embezzlement scandal that had cost it millions of dollars. Haber touted his achievements on the board, including bringing finances into line to the point where the district has seen the lowest tax increases of any district in Nassau County. Last year, Haber ran for the Democratic Party’s nomination to challenge Edward P. Mangano for the Nassau County executive’s race.
Last Updated (Monday, 29 November 1999 19:00) Thursday, 30 October 2014 00:00
After a recent security scare, the New Hyde Park-Garden City Park School District is leading a push to get public election polling moved out of school buildings. The board of education is aiming to pass its resolution at the state level to encompass all New York Schools and address what they see as a broad school security flaw.
“What’s good for our kids should be good for any child in any other public school in the entire state,” Superintendent Robert Katulak said.
Tuesday, 28 October 2014 12:34
The Sewanhaka Indians topped the Herricks Highlanders, 26-6, on Saturday, Oct. 25. The Indians (5-2) Garden City High School to close out the regular season on Saturday, Nov. 1 at 2 p.m. at 170 Rockaway Ave., Garden City.
(Photos by Stephen Takacs)
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.