Aceto buys itself a building in Port Washington
Pharmaceutical distributor Aceto Corp. is moving from Lake Success to a newly purchased headquarters building in Port Washington.
Aceto said Monday that it has bought a two-story building, at 4 Tri Harbor Ct., with about 50,000 square feet of office space.
The company hopes to complete its move by April 2011 before the expiration of its current lease at 1 Hollow Lane, Lake Success.
"We are excited with the purchase of a building that will become the future, global headquarters for Aceto Corp.," president and chief executive Vince Miata said in a news release. Owning the building is expected to save the company money, and it may also gain in value, he said.
"The purchase of the building also provides us with a platform from which we can continue to grow Aceto for the foreseeable future," Miata said. "In addition, we believe that owning this building will create a more positive image for Aceto amongst our employees, business partners and shareholders."
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
