Islip, N.Y. – The Town of Islip IDA is capping off a banner year with four more inducements that will retain and create jobs in our community, and make Islip more attractive to businesses looking to relocate or expand. Four new IDA projects were recently approved that will provide the retention of 135 jobs and create 58 additional jobs in total. In 2014 the Islip IDA played an integral role in the decisions of 24 companies that chose to expand or relocate in Islip Town – an all-time high for the Agency. These 24 projects have resulted in almost $103 million in investments, and has saved 1,354 jobs while also adding 459 jobs.
“We have a proven track record of driving economic growth in Islip, and the Town Board and IDA will continue to do everything we can to foster a business-friendly environment,” said Supervisor Tom Croci. “It has been a priority of this administration to bring jobs to our Town, and we’ve been successful in doing so, despite a very challenging economic climate.”
Ruby Has, LLC is an e-commerce packing company based in Queens that has simply grown too large for its current 20,000 square-feet facility. The IDA helped the company secure a 10-year property tax abatement totaling $555,154, which will allow the company to move to a new, 75,000 square-feet building in Bay Shore. 24 jobs will be retained and 14 will be created after the move.
ABH Nature’s Products manufactures vitamins and conducts quality control testing for food products. They were based in Farmingdale, but thanks to a 12-year property tax abatement of $368,369 they will be relocating to Islip Town, where they will invest over $4 million into their new, 35,000 square-feet site. The company will create 18 new jobs on top of the 17 that will be retained.
Design Works Craft is a company that is already located in Bohemia, but had been looking to relocate to a nearby facility. Their expansion was driven by their recent purchase by a Massachusetts-based company, who will be moving those jobs to Long Island as well. The combined property tax savings and sales tax exemptions, roughly $219,000, will allow their current 42 jobs to remain here in our Town, and they have committed to increase their workforce by another 13 positions in the near future.
Restaurant Depot, which supplies food and equipment for a multitude of food service industry businesses on Long Island, will be investing $7,675,000 into their facility on Lakeland Avenue. The investment will allow them to add 22,000 square-feet to their existing facility. The IDA worked to provide the assistance that the company needed to retain 52 jobs and create an additional 13.
“Small businesses are the backbone of our local economy, and our IDA is here to help them as well as larger companies,” said Councilman John Cochrane, Jr.