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Business in the Burbs

Movers, shakers and newsmakers

Alison Bert

Alison BertAs a business reporter, Alison Bert writes about consumer issues and retail news. Previously she covered education. She joined The Journal News staff in 2000 after making her living as a classical guitarist and music professor. She was a Fulbright Scholar in Spain, studied in a master class with Andrés Segovia, earned a doctorate in music from the University of Arizona and performed solo and chamber music on four continents. While teaching at Syracuse University, she wrote concert reviews for The Post-Standard and earned a master’s degree in journalism from the S.I. Newhouse School of Public Communications.

E-mail Alison Bert at abert@lohud.com

Entries written by Alison Bert

Hudson Valley Holding Corp. reports earnings, dividend

August
1

Hudson Valley Holding Corp., based in Yonkers, reported a 1.6 percent rise in its earnings for the first half of 2007. Net income was $16.7 million, or $1.80 per share, compared to $16.4 million, or $1.78 per share, in the first half of 2006.
A cash dividend of 50 cents per share will be payable [...]

Posted by Alison Bert on August 1st, 2007 | Post a Comment »

Free business-assistance forum in Haverstraw

July
31

The Rockland Economic Development Council is sponsoring Haverstraw Business Day Aug. 9. The open house will take place from 3 to 7 p.m. at Haverstraw Center, 50 W. Broad St.

Representatives from local and state agencies will be on hand to speak about their programs and services. Participants can learn about business planning, grants, loans, government [...]

Posted by Alison Bert on July 31st, 2007 | 1 Comment »

Jarden Corp. unit promotes four executives

July
31

Jarden Branded Consumables, a unit of Rye-based Jarden Corp., has announced four senior-level promotions.

Michael Cornell, 35, is now president and chief executive officer of Jarden Branded Consumables, assuming the responsibilities of James E. Lillie, president and chief operating officer of Jarden Corp., who held the position on an interim basis. Previously, Cornell was CEO of [...]

Posted by Alison Bert on July 31st, 2007 | Post a Comment »

‘Pepsi Generation’ ad exec dies at 79

July
30
Alan Maxwell Pottasch, a veteran advertising executive known as “the father of the Pepsi Generation,� died in his sleep Friday at the age of 79, Pepsi-Cola North America announced.

He joined Pepsi-Cola in 1957. “In the early 1960s, Mr. Pottasch was among the first to recognize the coming youth culture, dominated by so-called ‘baby [...]

Posted by Alison Bert on July 30th, 2007 | Post a Comment »

Cadbury Schweppes postpones sale of beverage unit

July
30

Citing recent market volitility, Cadbury Schweppes PLC is postponing the sale of Americas Beverages. The unit includes Snapple, managed out of Rye Brook, as well as Dr Pepper and 7 Up. The United Kingdom-based company had announced last month that it was selling its beverage unit to concentrate on candy-making. On Friday, it announced that [...]

Posted by Alison Bert on July 30th, 2007 | Post a Comment »

South Salem PR firm gets Horizon account

July
30

Blue Chip Public Relations Inc., which specializes in providing PR and media-relations services for financial companies, announced today that it has been retained by Horizon Wealth Management LLC.

Horizon, based in Baton Rouge, La., is an independent financial advisory firm that provides advice to business owners, individuals and professional athletes. It also has offices in North [...]

Posted by Alison Bert on July 30th, 2007 | Post a Comment »

DLC acquires shopping centers in New Hamphire

June
22

DLC Management Corporation, a Tarrytown-based owner and operator of shopping centers, announced today that it has acquired two open-air shopping centers in Keene, NH. Riverside and Key Road plazas are across the street from each other on a high-trafficked route. Tenants include Wal-Mart, Shaw’s Supermarket, Eckerd Pharmacy, Dollar Gree, Dunkin’ Donuts, Staples, TJ Maxx, [...]

Posted by Alison Bert on June 22nd, 2007 | Post a Comment »

Meggitt acquires K&F Industries

June
22

K&F Industries Holdings Inc., a White Plains-based manufacturer of aircraft braking equipment, announced today that it has been acquired by Meggitt-USA Inc. for $1.8 billion. K&F stockholders will receive $27 per share in cash, the company said, adding that letters will go out to individual stockholders shortly.

Trading of K&F shares ended at the close [...]

Posted by Alison Bert on June 22nd, 2007 | Post a Comment »

Gamco starts search for new CFO

June
22

Gamco Investors Inc., Rye-based money-management firm run by Mario Gabelli, has begun a search for a new chief financial officer, the company announced today. Gamco said it will consider internal and external candidates. John Ferrara, who has served as interim chief financial officer for the past year, will stay in the position until mid-July and [...]

Posted by Alison Bert on June 22nd, 2007 | Post a Comment »

Dollar Tree opens in Nanuet

June
22

Dollar Tree, a national chain of discount stores, has opened a new location in 52 Rockland Plaza in Nanuet. Currently there are also Dollar Trees in Valley Cottage, West Haverstraw and Peekskill. Dollar Tree, a public company based in Chesapeake, Va., operates more than 3,200 stores in 48 states, the company said. For more information [...]

Posted by Alison Bert on June 22nd, 2007 | Post a Comment »

Millennium begins pipeline construction

June
22

Millennium Pipeline Co. LLC of Pearl River has begun construction of its underground pipeline that will stretch 182 miles across the Lower Hudson Valley into the Southern Tier.

The goal of the $1 billion project is to bring more natural gas from Canada into New York. Starting in November 2008, it will transport gas to markets [...]

Posted by Alison Bert on June 22nd, 2007 | Post a Comment »

Synergy acquires Domain Home

June
21

Domain Home, an upscale furniture retailer with a location in Hartsdale, has been acquired by Synergy Enterprises LLC, a New Jersey-based private investment firm, Synergy announced today. Synergy purchased the Norwood, Mass.-based retailer from Aga Foodservice Group, a kitchen products company based in the United Kingdom. As part of the agreement, Aga will retain a [...]

Posted by Alison Bert on June 21st, 2007 | Post a Comment »

AvalonBay to break ground in White Plains

June
21

AvalonBay Communities will break ground on its first apartment building in White Plains Tuesday. Avalon White Plains, at 27-29 Barker Ave., will have 393 luxury apartments in 14-story tower and townhouses. It will have an outdoor swimming pool and a parking garage with 535 spaces. It’s expected to be ready for occupancy next summer, said [...]

Posted by Alison Bert on June 21st, 2007 | Post a Comment »

New mutual fund focuses on global private equity

June
21
Vista Research and Management LLC, a mutual-fund management firm in Chappaqua, introduced a mutual fund today that will allow investors to invest in the global private equity sector. It’s open to all investors for a minimum initial investment of $1,000.

This is the first mutual fund for the company, which started doing business in [...]

Posted by Alison Bert on June 21st, 2007 | Post a Comment »

Reader’s Digest partners with NASA, DreamWorks

June
20

The Reader’s Digest Association, based in Chappaqua, has announced new partnerships with NASA and DreamWorks Animation, creators of Shrek.

Reader’s Digest Children’s Publishing announced today that it has signed a licensing agreement with DreamWorks Animation for the rights to sell Shrek-themed products in conjunction with the release of the film “Shrek the Third.�

Editors of the Reader’s [...]

Posted by Alison Bert on June 20th, 2007 | Post a Comment »

Senior-care service creates Web site

June
20

Dr. Clement’s Senior Care Services, a state-licensed home health-care agency based in Nanuet, now has a Web site: www.sunshinecares.com. The business, which has been operating since March 2006, is in the process of changing its name to Sunshine Home Healthcare Services. It’s based in the home of Francis Clement and his wife, Biju Francis, who [...]

Posted by Alison Bert on June 20th, 2007 | Post a Comment »

Haights reports rise of revenue amid net loss

June
20

Haights Cross Communications, a White Plains-based publisher of educational and library products, today reported a $12.6 million loss for its first quarter compared to a $12.5 million loss for the comparable quarter last year. Revenue was up 2.8 percent to $52.9 million from $51.5 million in the first quarter 2006. The increase reflected growth in [...]

Posted by Alison Bert on June 20th, 2007 | Post a Comment »

Starwood Hotels to nix trans-fats

June
19

Starwood Hotels & Resorts Worldwide Inc. plans to eliminate artificial trans fatty acids from foods and beverages at its hotels in the United States, Canada and the Caribbean by the end of 2007, the White Plains-based company announced today. Its 400-plus hotels include the Sheraton, Four Points by Sheraton, Westin, St. Regis, The Luxury Collection, [...]

Posted by Alison Bert on June 19th, 2007 | 2 Comments »

Reader’s Digest International president to resign

June
19

Thomas D. Gardner, president of Reader’s Digest International and Direct Holdings Worldwide, will resign at the end of the month “to pursue other opportunities,� according to a statement released by the Chappaqua-based company.

The move is part of a reorganization that has been going on since Reader’s Digest was acquired in March by an investor group [...]

Posted by Alison Bert on June 19th, 2007 | Post a Comment »

Cadbury Schweppes plans to sell Snapple

June
19

Cadbury Schweppes PLC announced today that it plans to sell its U.S. beverage unit, which includes the Snapple and Motts brands managed out of Rye Brook as well as Dr Pepper and 7 Up.

The London-based company known for its chocolate candy and Trident gum said it wants to bolster profits and concentrate on candy-making. To [...]

Posted by Alison Bert on June 19th, 2007 | Post a Comment »

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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