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, 17 September 2014 00:00
Shake Shack, a burger restaurant giant which launched in New York City, is looking to establish its second Long Island location in New Hyde Park, reps told the New Hyde Park Illustrated News. The company opened its first Long Island spot in Westbury in November 2012.
“We’ve received such a warm welcome in Westbury,” said Edwin Bragg, Shake Shack’s marketing director. “We’ve had a lot of interest from Shake Shack fans in the many nearby villages and towns.”
According to Bragg, the company makes an effort to ensure each new location is tailored to the community, taking “great care to build each Shack with custom architectural design, including forward-thinking structural elements and compelling eco-friendly design.”
Last Updated (Monday, 29 November 1999 19:00) Saturday, 13 September 2014 00:00
Twenty-three-year-old Victoria Inguanta of New Hyde Park has a unique approach to her artwork. The New Hyde Park Memorial High School and Marymount College graduate takes the human body and combines figurative and abstract work using just a pencil and her canvas.
“For instance I’ll take a classical rendering of a face and bring out a modern aspect of the art using lines and space in my composition,” said Inguanta. “To me, the combining of the two is a lot of fun.”
Thursday, 11 September 2014 00:00
Tara Notrica is your typical 49-year-old mother of two. Along with her husband Barry, she is kept busy by her 14-year-old son Jared and 10-year-old daughter Samantha. One more thing: she has been battling Mast Cell disease in addition to other autoimmune diseases for the past eight years. Josh York, the CEO and founder of GYMGUYZ, an in-home personal training company, has been working closely with Notrica to help her cope with her disease.
“GYMGUYZ is all about the three C’s: convenient, creative and customizable workouts,” said York. “We come to the setting of your choice from homes, offices, churches, and bring our fully loaded van, which has 365 pieces of equipment,” he continued.
Thursday, 04 September 2014 00:00
Nassau County Police Activity League Special Needs Unit hosted the recent Special Olympics New York Basketball Tournament held at Town of Oyster Bay Hicksville Athletic Center home of Nassau County PAL (NCPAL). Thirteen basketball teams, each with up to ten players, participated in the games. NCPAL-
Special Needs Unit Knights; NCPAL New Hyde Park Knights; SCO Owls; Commack Sharks; Long Island Lions: ACDS Thunderbolts, AHRC Starz and for the first time the Oakville Skywalkers, a Canadian team, competed on the court to demonstrate their skill and spirit of sportsmanship. After the games gold, silver and bronze medals and ribbons were awarded to each of the players.