Inside Long Island business
Get the latest news and trends on Long Island companies and the people behind them.
Bloggers
Suffolk to host job fair Tuesday
Photo credit: Steve Pfost
The Suffolk County One-Stop Employment Center will host a three-hour job fair at the Nesconset branch of the Smithtown Library District Tuesday, beginning at 10 a.m.
Click here for more information, including the library’s address, the fair’s lists of recruiters and a 2012 schedule of upcoming county-sponsored job fairs.
Employers expected to be on hand include United Healthcare, Manpower,...
Verint software aids Connecticut credit union
Photo credit: Handout
Melville-based Verint Systems says its workforce management software helped a customer, a 17-branch Connecticut credit union, reduce overtime costs while improving service.
The customer is the American Eagle Federal Credit Union, with more than 100,000 members and $1.1 billion in assets.
Verint's software, the GMT workforce management system, helped American Eagle create flexible...
LI firm's oceanic satellite system finishes tests
Photo credit: Comtech handout
A subsidiary of the defense and maritime electronics maker Comtech Telecommunications Corp., of Melville, has successfully completed tests showing its products are compatible with a major line of seagoing vessel antenna systems.
The Comtech unit "has completed interoperability testing with Mitsubishi Electric Corporation's MVA100 Maritime VSAT stabilized antenna system," the Melville...
Mitchell Field tech firm completes buy of NJ company
Photo credit: Lockheed Martin illustration
Frequency Electronics Inc., of Mitchell Field, has completed its purchase of all shares of a New Jersey engineering and manufacturing firm, Elcom Technologies Inc.
Frequency had held a minority interest in Elcom for the past five years, and now owns 100 percent of the shares, the Long Island company said Tuesday.
Elcom, based in Rockleigh, N.J., will not move to Long Island, but will...
Swim club chills for Project Warmth fundraiser
Photo credit: Handout
Members of the Three Village Swim Club were scheduled to take dips Wednesday morning in a temporarily unheated pool to help raise money for the United Way of Long Island’s heating cost assistance program.
The 75 members of the 500-member team, composed of high school and middle school students, are to jump into the cold water at Ward Melville High School in East Setauket to symbolize their...
LI shipping franchisers win awards
Photo credit: Handout
Two franchisers with Unishippers Global Logistics Llc, a national chain of express-mail and freight delivery providers, have won several in-house awards.
Among Unishipper's nearly 300 franchise owners, Robert and Michele DerMgrdichian, who are based in southwestern Suffolk County, won Rookie awards for the highest-performing new franchise, Unishippers said.
And Christopher Cadigan, whose...
CPI Aero reports $27M in new orders
Photo credit: Ed Betz, 2010
Edgewood-based CPI Aerostructures Inc. has a new purchase order from Goodrich Corp., bringing its total new business for the year to $27.4 million, the company said Tuesday.
That compares to $22.3 million for the first two months of 2011, CPI Aero said.
Work will begin immediately on the Goodrich order, for aerospace structural assemblies, and the first delivery is scheduled for mid-2013,...
Marchon promotes eye doctor's Africa volunteer trip
Photo credit: Handout
A Garden City eye doctor and his daughter this week are featured in a new ad campaign promoting their charitable work at a clinic in Ghana helping equip and train staff in advanced techniques for restoring sight to the blind.
Marchon Eyewear Inc., with a Long Island workforce of 500, is mostly known for its upscale lines of sunglasses and eyeglasses for labels such as Fendi and Sean John.
The...
Poll: What is the biggest obstacle to doing business on Long Island?
Photo credit: Newsday/J. Conrad Williams Jr.
Each week, the business section of newsday.com asks readers to take a poll on a financial question and leave comments.
Each Sunday, Newsday publishes the results of the poll and some of the reader comments. Join the conversation.
This week's question: What is the biggest obstacle to doing business on Long Island? ...
Consumer prices rise in metro NYC
Photo credit: Ken Spencer, 2006
The consumer price index for the metropolitan area rose 2.8 percent last month compared with a year earlier because of higher prices for food and housing.
The federal Bureau of Labor Statistics reported Friday that grocery prices were up 4.1 percent in January from 2011 while rents increased 2 percent on the same year-over-year period.
The bureau defines the metropolitan area as the...
