Get the latest news and trends on Long Island companies and the people behind them.
Park Electrochemical Corp., a Melville-based manufacturer of high-tech materials, said that its second-quarter profits fell 58 percent as global aerospace sales remain sluggish and the company accrued costs from shutting a manufacturing facility in China.
The company, which makes materials used in circuit boards for the telecommunications and aerospace industries, said revenue fell to $46.4...Read more »
The staff at the EGC Group, an advertising agency based in Melville, didn't go home Thursday night. They were working through the evening and into Friday as part of a charity effort called CreateAthon.
Agencies that participate in CreateAthon work straight through a 24-hour period to create full ad campaigns for local nonprofits. This is EGC Group's fifth year participating in the event.
This...Read more »
Car dealers and car owners will be showcasing their electric powered vehicles for the public to learn more about plug-in cars this weekend in Holbrook.
Those who attend the event, which takes place Sunday from 11 a.m. to 4 p.m. at the Sun-Vet Mall on Sunrise Highway, will be allowed to test drive electric vehicles from Nissan, Toyota, Mitsubishi, Ford and Honda. Electric vehicles, which have...Read more »
Misonix Inc., a Farmingdale maker of ultrasonic surgical equipment, said its financials for its fourth fiscal quarter and full year improved from losses to profitability.
The company said Tuesday net income for the three month period ended June 30 was $444,813 or six cents a share, compared to a net loss of $1.45 million, or 21 cents a share a year earlier.
Net earnings for the full...Read more »
CA Technologies, the Islandia software maker, has made it to Working Mother magazine’s list of the 100 most family friendly companies.
The magazine has been publishing the list for 27 years, judging companies on their options for child care, maternity leave, flexible schedules and ability to work from home.
Working Mother lauded CA, Long Island’s largest company by stock market value,...Read more »
Robert McKeon, the chairman of Plainview-based Aeroflex and a private equity executive, died last week. He was 58.
McKeon was found at his home in Darien, Conn. on Sept. 10, according to a report from the Darien Police Department. The cause of death was suicide, said the Connecticut state medical examiner's office.
Darien police said McKeon's death was not suspicious, but that an investigation...Read more »
Lawrence Weber is the entrepreneur in residence at Stony Brook University, and on Wednesday night he'll be sharing his expertise -- gained from 15 years of work experience at a Fortune 500 company and running his own consultancy -- with the Suffolk County Inventors and Entrepreneurs Club.
At the talk Wednesday night, Weber is expected to give advice to budding entrepreneurs on how to get a...Read more »
A brand new business trade show to connect often overlooked businesses on Long Island's eastern end will be held Wednesday.
Trade East End, which is being organized by Cardinal Trade Group, will take place from 2 to 9 p.m. at Hotel Indigo East End in Riverhead. Around 50 exhibitors will be at the event to showcase their businesses.
The event's purpose is to help business owners, nonprofit...Read more »
Accelerate Long Island, the nonprofit organization founded to nurture fledgling tech companies, has completed an entrepreneurial rite of passage of its own, and launched a website.
The site, at www.accelerateli.org, debuted MoOnday as former Brookhaven Town supervisor Mark Lesko begins work as executive director of the organization, founded last year as a project of the Long Island...Read more »
A former executive with Port Washington-based Systemax Inc. has agreed to pay $65,0000 to settle civil charges filed by federal regulators accusing him of skimming more than $400,000 from the electronics retailer, authorities said Monday.
Gilbert Fiorentino, 51, was charged by the Securities and Exchange Commission of stealing merchandise and illicitly claiming undisclosed compensation...Read more »