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) Wednesday, 22 October 2014 00:00
Local school districts are reaffirming student hygiene standards in the wake of the non-polio enterovirus (EV- D68) that’s been found in the United States. A strain of the enterovirus was found in Southampton’s middle and high schools, but officials say it was not the virus that has caused the national EV-D68 outbreak.
The disease disproportionately affects infants, children and adolescents who lack immunity, according to the Center for Disease Control. School districts have been notified to follow New York State Health Department guidelines to combat possible infections.
Last Updated (Monday, 29 November 1999 19:00) Friday, 17 October 2014 00:00
New Hyde Park Village Mayor Robert Lofaro gave a local laundromat until Wednesday, Oct. 15 to appear in village court to address property issues, mainly appearance and a lack of signage, or face arrest.
A final letter was sent to the tenant, Lofaro said.
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.
Thursday, 09 October 2014 00:00
The Sewanhaka Indians relied heavily on its offense in the first two victories and head coach George Kasimatis relies on one player to set the tone for his group; senior, running back Brenton Mighty.
Mighty is versatile as a running back, as he possesses the ability to run hard between the tackles, lower his shoulder and run into the defender, or run to the outside and break one deep. He also has good hands and is utilized by quarterback Elijah Tracey, as a receiver out of the backfield.
“He makes such a difference in the run game,” said Kasimatis. “Teams have to respect that and it opens up the pass and the possibility for a lot of play action passes.”