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Town Of North Hempstead Announces New Projected Job Growth - 1,248 New Jobs For Town In Next Five Years

FOR IMMEDIATE RELEASE:                           CONTACT: Justin Meyers
JULY 23, 2007                                                                (516) 869-7794



Westbury, New York – Supervisor Jon Kaiman, Councilman Robert Troiano, officials from Nassau County, and local business owners announced today that the Town’s economic development effort, in conjunction with the North Hempstead Business and Tourism Development Corporation (BTDC), and the Nassau County Empire Zone, has led to the projected creation of 1,248 new business sector jobs over the next five years.

“I’m pleased to announce today the projected creation of 1,248 new business sector jobs in North Hempstead over the next five years,” said Supervisor Kaiman. “With the assistance of the BTDC, five companies have already been approved by the Nassau County Empire Zone Administrative Board for benefits that will allow these businesses to expand and improve their operations, including the creation of new, well-paid jobs.”

“The Empire Zone program is designed to produce just this kind of projected growth,” said Deputy County Executive Patrick Duggan. “The success the Town of North Hempstead announced today is thanks to the cooperative efforts of County Executive Tom Suozzi, Supervisor Jon Kaiman, the Nassau County Legislature, and the Office of Economic Development’s Business Unit.”

Of the 1,248 new jobs projected to be created during the next 5 years, businesses already approved for economic development incentives include PL Developments in Westbury (275+ jobs); Johnson & Hoffman LLC in Carle Place (60 jobs); B & R Machinery & Tool Corp. in Westbury (90 jobs); Cryostar Industries in Westbury (8 jobs); and Cardoza Plumbing Corp. in Westbury (55 jobs). Additionally, Broadridge Financial Solutions will bring 350 jobs to its new offices in Lake Success by this summer and projects another 300 jobs during the next 5 years, and Finesse Novelty intends to bring 110 jobs to the Village of Port Washington North when it moves its business from Queens.

“The projected 1,248 new jobs represent this past year’s economic development successes,” Councilman Troiano said. “We are far from done. North Hempstead is a great place in which to do business, and we will continue to make every effort to help businesses locate, relocate or simply re-energize within our Town’s boundaries.”

The North Hempstead Business and Tourism Development Corporation was founded in March, 2005 to act as a liaison between the Town’s government and business community by facilitating economic development and tourism within the Town of North Hempstead. The BTDC, a non-profit, local development corporation, was created to enhance business development and economic opportunities for the North Hempstead business community.

The Nassau County Empire Zone is part of New York State’s Empire Zone Program, which is designed to boost local economies, by offering businesses located within an Empire Zone to apply for several benefits including sales tax exemption, real property and business tax credit. The purpose of the Empire Zone Program is to attract successful companies to an area and to retain New York companies that might otherwise move to other parts of the country where operating costs are significantly lower. The program provides eligible companies that increase employment the opportunity to operate on an almost “tax-free” basis for up to 10 years in designated areas. Two of the businesses mentioned have been jointly approved by the local Empire Zone Certifying Officer and the NYS Commissioners of the Departments of Economic Development and Labor for certification eligibility and the remaining three businesses have submitted applications pending approval by the State.

Selected Companies:

Cardoza Plumbing Corporation, Westbury NY:

Cardoza Plumbing Corp is a Minority Owned Business Enterprise certified business that has been providing installation and furnishing of plumbing piping, fixtures and equipment since 1999. Additionally, they are a Local Union 1 Shop. They are investing $1.2 million in renovation of their leased space and purchasing $350,000 in production machinery and equipment as well as another $175,000 in furniture. The business is creating 55 new jobs over the next five years that include the following positions and hourly wage/salary and benefits:

Foreman ($80.59 per hour plus a profit bonus incentive plan),

Plumber ($76.59 per hour),

Helper ($35.53 per hour),

Project Manager ($145,000 per year plus benefits and profit bonus incentive plan),

Drafter ($85,000 plus benefits and profit bonus incentive plan)

Office Staff ($55,000 plus benefits and profit bonus incentive plan).

Current Employment: 15

Projected # of New Jobs Over Next 5 Years: 55

Projected Investment Plan Over Next 5 Years: $1.7 million

Cryostar Industries, Inc., Westbury, NY:

Cryostar Industries Inc has been servicing a key strategic business cluster, as a maintenance and repair service provider to the bio-medical industry in the Metro NY area for the past 13 years. Cryostar has two divisions: (1) CPR Scientific which is the first Cryogenic Repository in the Northeast and only one in the NYC Metro area that operates Cryogenic freezers which store medical samples for pharmaceutical and research companies; and (2) SEPS Inc., a separate service division which tests, certifies and repairs controlled environment equipment in laboratories throughout Metro NY. A third division is being established to manufacture high-end laboratory freezers marketed to large pharmaceutical manufacturers. With the expansion of the third division, Cryostar plans to invest $1.65 million in the purchase and renovation another building (18,000 sq. ft.) across the street from its current operation and invest an additional $150,000 in production machinery, and equipment for the new facility. The company plans to create 8 additional Service Technician jobs, each making between $50,000-$100,000 in total wages and benefits.

Current Employment: 14

Projected # of New Jobs Over Next 5 Years: 8

Projected Investment Plan Over Next 5 Years: $1.8 million

B&R Machinery and Tool Corp, Westbury, NY:

Since 1961, B&R Machine & Tool Corp. has manufactured aircraft parts to the defense and airline industries. The Empire Zone development plan supports the retention and expansion of existing manufacturing businesses and the high paying jobs they provide in the Industrial Area. The company is projecting the creation of 90 new jobs and $6.2 million in the purchase of production machinery and equipment due to increased demand for airplanes in both the commercial and military sectors. The average compensation for the new employees projected over the next 5 years is $50,000-$60,000 annually. These positions are primarily of two types: Machinists and Set-Up Personnel.

Current Employment: 110

Projected # of New Jobs Over Next 5 Years: 90

Projected Investment Plan Over Next 5 Years: $6.2 million

Johnson & Hoffman, LLC:

Johnson & Hoffman, LLC (J&H) was formed in 1949. In 1961 the Company moved into its current facilities in Carle Place, NY. In February 2005, J&H was acquired by The Jade Corporation (TJC). J&H operates as a leading niche supplier of complex deep-drawn, thin walled stampings, as well as other diverse metal stamped components serving the automotive, electronic, medical, ordnance, commercial and industrial, and aerospace & defense industries. The Company specializes in difficult to manufacture, close tolerance products with precise design requirements. J&H is recognized as a global leader in airbag initiator technology utilized in automotive applications.

Johnson & Hoffman expects to add 60 jobs to the Carle Place, NY facility (inclusive of transfer employees from PA)

Engineering 4 Salary/benefit ranges of $60,000 to $100,000

Toolmakers 6 Salary/benefit ranges of $55,000 to $90,000

Office Administration 3 Salary/benefit ranges of $55,000 to $70,000

Quality Control Specialists 3 Salary/benefit ranges of $50,000 to $70,000

Hourly Shop Employees 44 Salary/benefit ranges of $45,000 to $60,000

Current Employment: 79

Projected # of New Jobs Over Next 5 Years: 60

Projected Investment Plan Over Next 5 Years: $4.5 million

PL Developments, Westbury NY:

PL Developments is an innovative company that manufactures and provides OTC private label pharmaceutical products to the marketplace and over the last five years has experienced tremendous growth. The corporation will be completely renovating an existing building in Westbury, NY to be a state-of-the-art manufacturing and packaging facility. The initial renovation will cost approximately $4-$5 million dollars. Additional facility investments, including the possible purchase of the building, will be made in the future to assure that PL Developments will always have a state-of-the-art manufacturing environment. The company has also committed to the initial purchase of new equipment for $1 million dollars. The company has secured a $4 million dollar line of credit with JP Morgan Chase to assist in financing this complete renovation and new equipment purchases. This project will require PL Developments to hire over the next 5 years a minimum of 75+ new employees. With the purchase and installation of two new high-speed bottling lines and one blistering machine our production capabilities will increase by 40% and would possibly require an additional shift. The newly installed equipment would require the immediate hiring of 20-25 new employees (line workers, line leaders, QC personnel and material handling workers) before moving our existing packaging machines from Farmingdale to Westbury. While moving from Farmingdale an additional 10 people would be required for supporting the new production lines as well as the re-installed existing equipment from Farmingdale. This hiring (35 new employees) should take place within the first year in our new facility in Westbury. As well as for years, two through five they expect to hire at least another 10-15 people per year.

Types of Projected Jobs Anticipated Salaries

Factory Line Workers $17,000 to $20,000

Factory Line Leaders $19,000 to $22,000

Production Support $21,000 to $23,000

Quality Control Inspectors $22,000 to $24,000

Quality Control Supervisors $29,000 to $32,000

Warehouse: Shipping & Receiving $21,000 to $23,000

Mechanics $50,000 to $55,000

Facility Maintenance $18,000 to $21,000

Procurement / Inventory Control $20,000 to $23,000

General Office Clerical Associates $30,000 to $35,000

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