With Plenty of New Jobs on The Line, Nature’s Bounty Gets Second Chance

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York About six years ago, Nature’s Bounty, the vitamin and food-supplement maker that employs over 2,000 in the Town of Islip, announced plans to open a $32 million, 60,000-square-foot manufacturing facility in Amityville’s New Horizons Industrial Park, located in the Town of Babylon.To run it, Nature’s Bounty would soon hire more than 200 local workers to manufacture energy bars for global sales. A vitamin and food-supplement manufacturer with manufacturing operations in California, China and elsewhere, Nature’s Bounty was, and is, Islip’s largest employer that is not a hospital. It is also one of the largest private employers in Suffolk County.To sweeten the pot for company officials, the Babylon Industrial Development Agency slashed the company’s Amityville tax bill by 60 percent for 15 years. In 2013, when the facility opened, Empire State Development, New York State’s economic-development arm, offered a $750,000 grant of its own.Within just two years, the good vibes soured. In March 2015, Nature’s Bounty closed the plant, axing more than 200 jobs. The plant’s work was outsourced to Nellson Nutraceutical, a California company whose “very special manufacturing capabilities” could “produce more bars and faster,” according to a spokeswoman.Matthew McDonough, Babylon IDA’s chief executive, tried to talk the company into staying. No dice.“California,” he says, “was a done deal.”The state withheld grant payment while McDonough clawed back nearly $294,000 in owed abatements.“Ironically, we ended up leasing one of the buildings to Bloomfield Bakers, from California,” he tells me.By the following year, the company was considering its options. In Fall 2016, Nature’s Bounty told Empire State Development that its 11 Long Island manufacturing facilities required extensive upgrades to keep the company from relocating. Howard Zemsky, Empire State Development’s chief, “assessed the threat of moving the company’s manufacturing and distribution out of state to be real,” according to William Mannix, executive director of Islip’s Industrial Development Agency. Albany then offered a grant of up to $25 million and $10 million in job training and other workforce development programs.In return, the company committed to creating 157 new jobs, retaining 2,042 existing jobs while investing over $142 million on upgrading its Long Island plants.Locally, Islip’s IDA board offered $8.4 million worth of tax abatements to the company over the next decade. The agency also expects to extend an undetermined amount of sales tax benefits as well, based on final capital cost reporting. The retention deal is expected to close within several weeks.Job creation is a key component of any government retention strategy. According to a report in Newsday at the time, Nature’s Bounty’s CEO “pledged” to add the jobs within a year’s time. A spokeswoman says that the equipment needed to run the facilities would be transferred within three months’ time.Since then, the company’s executive suite has had a shakeup. Last July, Nature’s Bounty’s long-time private equity owner, the Carlyle Group, sold a majority-stake sale of the company to Kohlberg Kravis Roberts for a reported $3 billion. After the deal the new owners divested most of the company’s European operations, slimming its global work force by about 75 percent.CEO Steve left Ronkonkoma and moved into the corner office of the Kellogg Company, the global cereal maker. Replacing him was Paul Sturman, former worldwide head of Pfizer Consumer Healthcare. The company’s best-known brands remain, including the flagship Nature’s Bounty, plus Sundown Naturals, Osteo Bi-Flex, Solgar, Balance Bar and Puritan’s Pride.Despite the upheaval, apparently neither state nor local IDA officials have opened conversations with Sturman to gauge the new CEO’s level of commitment to his predecessor’s pledge. Messages asking about job creation left with Sturman were not returned. Jodi Katz, a spokeswoman, says hiring information “would be made available at such time as we submit a filing” with Empire State Development. That won’t be before the end of the year, at the earliest – a long time for people waiting on jobs.John Lombardo, who runs Suffolk County Community College’s Advanced Manufacturing program, tells me: “I know firsthand they are actively participating in every job fair at Stony Brook, Suffolk Community College and the regional labor departments. I’ve every reason to believe they’ve probably already exceeded their original hiring goals.”Hopefully this time the new hires will be permanent.Warren Strugatch is a partner with Inflection Point Associates, a consulting firm in Stony Brook. Contact him at [email protected]last_img read more

Endicott police arrest individual for shooting victim with birdshot

first_imgThe victim sustained non-life threatening injuries and did not seek medical attention. According to a news release, Fellows was charged after shooting an acquaintance with birdshot in the hallway of a building at 25 Washington Ave. after an argument on Aug. 27. ENDICOTT (WBNG) — The Endicott Police Department announced the arrest of 31-year-old Zachary J. Fellows of Endicott on Friday.center_img Authorities charged Fellows with assault in the 2nd degree.last_img

Gold Coast Hinterland estate comes with a ‘secret garden’

first_imgWhat a kitchen! More from news02:37International architect Desmond Brooks selling luxury beach villa13 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“We came up from the coast for a tree change and that was nearly 17 years ago,” she said.They spent years establishing and growing the gardens then renovating the home to make it the stunning property it is today.MORE NEWS: How to be successful during peak rental season Rest easy each night knowing you live in an amazing house. “It was an empty canvas and we’re both quite artistic,” Mrs Tolmie said.“The garden is quite renowned, it’s been in many, many magazines and (on) TV.“We also have a charity concert up here every year.” The gatehouse is ideal for guests. MORE NEWS: Melbourne businessman selling Coast sub-penthouse Get lost in your own backyard. BEHIND the front gates of a grand Tamborine Mountain estate is a sight that will take your breath away.Manicured European inspired gardens surround a traditional Queenslander, known as Glenloch.There is also a gate house greeting guests to the property.The stunning estate is the brainchild of Caroline and Rob Tolmie.Mrs Tolmie said there was not much more than paddocks and bushland when they first laid eyes on it almost 20 years ago.center_img The best place to soak up the surroundings.The gardens include ponds and water features as well as an entertainment pavilion.“A glass of wine at the end of the day looking down on the fountain and waterfall is a really nice place to be,” Mrs Tolmie said.Inside the main house, it is all class with chandeliers, two wine cellars and a fireplace in the master bedroom.Mrs Tolmie said one of the best parts of the property was its location just minutes from the small town’s cafes and restaurants.“But although you’re right in the middle of it, (the property) is like a little secret,” she said. The main residence, Glenloch, is a traditional Queenslander. Fancy a bubble bath with a glass of bubbly? Inside, it’s grand at every turn.last_img read more

Transfer rumours and paper review – Thursday, August 20

first_imgHere’s the top transfer-related stories in Thursday’s newspapers…Telephone conversations with José Mourinho and Cesc Fàbregas persuaded the Barcelona forward Pedro Rodríguez to snub long-standing interest from Manchester United and move instead to Chelsea in a deal that will be worth £21.2m. (Guardian)Manchester City are a step closer to completing the £32million transfer of Valencia central defender Nicolas Otamendi. It is understood that the Argentine stopper has undergone his medical in Manchester and agreed terms on a five-year contract. (Daily Mail)Bayern Munich have slammed the door on Manchester United’s hopes of signing German World Cup winning striker Thomas Muller. United had reportedly lodged a £60m bid for the 25-year-old but Bayern insist he will not be sold at any price. (Manchester Evening News)Southampton face a fight to hold to another two of their top stars with Tottenham targeting Victor Wanyama and Manchester United interested in Sadio Mane. (Daily Mirror)West Ham have had a £3.5million bid for Galatasaray striker Burak Yilmaz turned down. (Daily Mirror)West Ham have also pulled out of a surprise deal to sign Emmanuel Adebayor from Tottenham Hotspur. (Daily Telegraph)Everton have agreed a £5.5m fee for River Plate defender Ramiro Funes Mori. (Liverpool Echo)Liverpool will not consider bids for defender Mamadou Sakho – despite the Frenchman’s unrest at being axed from the squad. (Daily Mirror)West Brom are ploughing on with their bid to sign Tottenham defender Federico Fazio, despite snubbing Spurs’ opening bid for Saido Berahino. (Daily Mirror)Sunderland winger Emanuele Giaccherini is a target for Bologna. The 30-year-old, who joined for £6.5million two years ago, is set to decide his future in the next 48 hours with Sunderland willing to sell to fund other moves. (Daily Mail)Shaun Maloney is expected to join Hull from Chicago Fire in the next 48 hours. (Daily Mail)Wolves have rejected a bid from Norwich City for striker Benik Afobe. (Daily Mail)And here’s the latest talkSPORT.com headlines…Reports: Manchester United table £60m bid for Germany striker Thomas MullerBayer Leverkusen want Liverpool defender Mamadou Sakho in £7m dealJulian Draxler latest – Juventus offer £21m to land long-term Arsenal targetSunderland star Emanuele Giaccherini could leave the Stadium of Light, reveals agentManchester United stunned as Chelsea win race for Barcelona winger PedroBenzema breakthough! Arsenal have £48m bid accepted by Real Madrid, talkSPORT toldEverton to move for Inter Milan defender if John Stones completes Chelsea switchDavid De Gea told by teammate to stay at Manchester UnitedReal Madrid join Chelsea in eyeing Brazilian defender Alex Telleslast_img read more