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Archive for the 'Expansion' Category

Yonkers banker opens Stamford branch

January
3

Hudson Valley Bank has opened a branch in Stamford, Conn., at 1055 Summer St., the Yonkers-based banker said today.

Further, the bank said it expects construction of a new Mamaroneck branch to be completed in April.

For the last two months, Hudson Valley Bank has been operating a temporary site at 875 Mamaroneck Ave., until renovations to the permanent site, in the same building, can be completed.

With the additions, Hudson Valley Bank said it now has 24 branches in Westchester County, New City, New York City and Stamford.

Posted by David Schepp on Thursday, January 3rd, 2008 at 6:16 pm | del.icio.us Digg
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Pepsi Bottling Group buys bottler

December
11

Pepsi Bottling Group Inc. of Somers will expand in western upstate New York through an agreement to buy Pepsi-Cola Batavia Bottling Corp., a family owned and operated bottler based in Batavia.
The acquisition will expand Pepsi Bottling’s territory to Genesee, Orleans and Wyoming counties along with parts of Livingston, Alleghany and Cattaraugus counties.
Pepsi Bottling is already the world’s largest manufacturer, seller and distributor of Pepsi-Cola beverages, with annual sales of nearly $13 billion and more than 70,000 employees worldwide.
In addition to U.S. plants, Pepsi Bottling has operations in Canada, Mexico, Russia, Spain, Turkey and Greece.
Pepsi-Cola Batavia, founded in 1890, has been owned by Thomas and John Houseknecht. Financial details of the transaction were not revealed. The deal is expected to close next year during the first quarter.
“We are very pleased to expand our footprint in upstate New York,” Eric Foss, Pepsi Bottling’s chief executive officer, said in a written statement. “The Houseknecht family has built a strong business through a combination of superb customer service, desirable product offerings, and active community involvement.â€?

Posted by Jay Loomis on Tuesday, December 11th, 2007 at 1:00 pm | del.icio.us Digg
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ITT expands in India

December
10
ITT Corp. has opened a technology center in India, marking the company’s first site in the fast growing country. ITT’s center in Vadodara along India’s western coast will specialize in water and other fluid transport technology areas that are key product lines for the White Plains-based conglomerate.
“The new India technology center is a centerpiece of ITT’s emerging markets strategy,” Brenda Reichelderfer, chief technology officer of ITT, said in written statement. “In India, we can take advantage of a large pool of experienced engineers to create a product design resource focused on meeting the needs of local customers, while adding unique skills and depth to ITT’s global engineering capability.”
Reichelderfer said that about eight percent of the company’s product development engineers work in Asia to serve customers in emerging markets, including China, India and the Middle East. By the end of the year, ITT also expects to finish building a manufacturing and assembly plant in the Gujarat region of India to make products for its fluid technology business. The number of ITT employees in India was not immediately available.

Posted by Jay Loomis on Monday, December 10th, 2007 at 2:10 pm | del.icio.us Digg
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Starwood opening new hotel in D.C. area

November
6

White Plains-based Starwood Hotels & Resorts Worldwide Inc. plans to open the second Element hotel in the Washington, D.C., metropolitan area. The hotel giant has an agreement with an affiliate of The Buccini/Pollin Group to open the hotel at the Dulles Parkway Center in Dulles, Va., in February 2010. Element Dulles North will incorporate ecologically friendly materials, including carpets made from 100 percent recycled materials and low toxicity paint, to improve indoor air quality. The 123-room hotel will include complete kitchens in all the rooms as well as oversized spa showers.

Posted by Julie Moran Alterio on Tuesday, November 6th, 2007 at 1:52 pm | del.icio.us Digg
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People’s bank opens second Westchester branch

October
10

People’s United Bank will open its second Westchester County at 14 S. Moger Ave. in Mount Kisco on Monday.

The Mount Kisco office is the second of 15 branches in Westchester the bank plans to open by the end of 2009, said People’s United, which is based in Bridgeport, Conn.

The company recently agreed to acquire Chittenden Corp., a Vermont banker that has more than 50 branches in Maine, New Hampshire, Vermont and Massachusetts.

Posted by David Schepp on Wednesday, October 10th, 2007 at 5:32 pm | del.icio.us Digg
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Debt Resolve expands to France

October
9

Debt Resolve Inc. said today it is planning on expanding its online products to the French market.

The White Plains-based collection agency and purchaser of delinquent accounts said it will be working with Invest in France Agency North America, an organization that promotes foreign investment in France, for support and assistance regarding location surveys, governmental regulations, and legal and tax advice.

France, the world’s fifth-largest economy, is second only to United Kingdom in European credit-card volume and spending and consumer debt, Debt Resolve said. Recent studies show pressure is mounting to initiate actions to fight against the rapid rise in French consumer debt, the company said.

The announcement follows one earlier this week in which Debt Resolve said it had taken in $1.3 billion during the third quarter.

In addition, Debt Resolve said that existing clients, which include a “top-10 U.S. bank,� are “moving from pilot phase into revenue production.�

Posted by David Schepp on Tuesday, October 9th, 2007 at 5:37 pm | del.icio.us Digg
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NYU unveils new high-tech classrooms at Purchase

October
8

New York University Stern School of Business is celebrating the first anniversary of offering its Langone part-time MBA degree program in Westchester.

In recognition, NYU today unveiled renovated classrooms on the Purchase College campus that offer students the same high-tech gadgetry that those attending NYU’s Washington Square campus in Manhattan are familiar with.

Those include electronic taping and archiving of classes that allow students such as Ravi Mundhe to catch classes he might otherwise miss.

For Mundhe, 35 and a married father of two who lives in White Plains, that means he can watch from home lectures taped earlier that same evening shortly after he’s put his kids to bed.

It’s a “superb way� for working parents to maximize what little time they have,� said Mundhe, who customizes software for the Danbury, Conn. offices of Boehringer Ingelheim GmbH, a German pharmaceutical company.

Though Mundhe could have opted for an online degree program, he said he likes the human interaction that traditional programs still offer. Having the Stern school offer its classes in Purchase means he’s able to take advantage of that without commuting to New York City.

“I couldn’t imagine trying to go down to the Manhattan campus two or three times a week for a couple of years,� he said.

Stern has enrolled 152 students in the program since its start in Purchase last year, said Dean Thomas F. Cooley, and expects to enroll more as awareness of the program grows.

Cooley said Stern’s decision to return to the Westchester market after an absence of several years was a very strategic one.

The program was redesigned and rethought, he said. “When we decided to go back to Westchester, there was a question of what exactly we wanted to do there and … of putting our best foot forward and doing everything right from the beginning.â€?

The new classroom upgrades exemplify that commitment, he said.

“So now we’re really in a position to project our best image and to be fully linked to the (Manhattan) campus.”

Posted by David Schepp on Monday, October 8th, 2007 at 5:52 pm | del.icio.us Digg
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Universal American expands program

October
3

Universal American Financial Corp. of Rye Brook said yesterday that it will expand its Medicare Advantage private fee-for-service insurance program to 47 states in 2008, up from 35 states in 2007.

Posted by Jerry Gleeson on Wednesday, October 3rd, 2007 at 6:04 pm | del.icio.us Digg
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Arcadian Networks opens D.C. office

September
13

Arcadian Networks, a Valhalla-based broadband wireless carrier for energy companies, announced that it has opened a Washington, D.C. office and appointed Mark Maddox as senior vice president of government affairs.

From his office in the nation’s capital, Maddox will lead state and federal government regulation activities related to Smart Grid initiatives, which are designed to make the energy grid more efficient by introducing new technologies and policies. He will also serve as a liaison with government groups and trade associations and will serve as an advocate for increased wireless broadband technology in the utility industry, Arcadian said.

During his 25-year career, Maddox has held positions with the U.S. Department of Energy, including acting assistant secretary of fossil energy. Most recently, he served as counsel to the Livingston Group, a Washington lobbying firm in the fields of energy and the environment, international relations, and science technology and telecommunications.

Posted by Alison Bert on Thursday, September 13th, 2007 at 3:22 pm | del.icio.us Digg
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Shleppers expands under new management

September
12

Shleppers Moving & Storage, a residential and commercial moving company based in Elmsford, recently acquired Elmsford-based Royal Moving Systems, Inc., a full service residential and commercial moving company, and Miracle Moving, a high-end company based in New York City.

Allen Golan, who was president of Royal, was named chief operating officer of Shleppers, and Nissim Knafo, founder and former chief executive officer of Miracle, is now senior relocation consultant.

“Royal’s systematic approach to organization and transportation and its strong customer focus will enable our expanded company to offer a broader range of moving services to the Westchester market,� said Shleppers President Louisa Benjamin-Bohm, a Harrison resident who founded the company in 1978. “Miracle adds expertise in white glove and intricate moves for design professionals.�

Posted by Alison Bert on Wednesday, September 12th, 2007 at 1:30 pm | del.icio.us Digg
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Fortistar acquires 2 companies

September
12

Fortistar LLC, based in White Plains, announced that it has acquired Minnesota Methane LLC and United Gasco LLC from TD Banknorth NA. The portfolio includes 15 landfill gas-to-energy projects located mainly in California, the Midwest and the Northeast. The price of the transaction was not disclosed.

Fortistar takes landfill gas, which is methane, and converts it to electricity or heating gas. Fortistar Methane Group now owns 43 facilities with 210 megawatts of generating capacity and four facilities that sell landfill gas to commercial customers for building heat. It has plans to complete $100 million of expansions over the next several years, the company said. Its other holdings include Gas Recovery Systems LLC, Gas Recovery Services of Illinois LLC and other natural gas and bio-mass generating facilities in New York and California.

“We are committed to being the premier company in the landfill gas-to-energy industry,� Fortistar Methane Group President Tom Gesicki said in a written statement.

Posted by Alison Bert on Wednesday, September 12th, 2007 at 1:14 pm | del.icio.us Digg
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New optical store coming to Chappaqua

August
17

The owners of Scarsdale Eyecare in Scarsdale are opening a new full-service optical store called Eye Gallery of Chappaqua in the village’s downtown at the end of August.

Posted by Julie Moran Alterio on Friday, August 17th, 2007 at 5:07 pm | del.icio.us Digg
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WIBO opens branch at iPark in Yonkers

July
31

Workshop in Business Opportunities (www.wibo.org), based in Manhattan, has opened a branch at the iPark office complex at 28 Wells St. in Yonkers. A private not-for-profit organization, WIBO provides entrepreneurs and small business owners with 16-week workshops on marketing and sales, financial analysis, raising capital, financial management, human resource management, legal and ethical issues and personal finance.

Posted by Jerry Gleeson on Tuesday, July 31st, 2007 at 6:00 pm | del.icio.us Digg
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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 serves as director of patient services, and has clients throughout the Lower Hudson Valley. Clement said their specialty is “high-tech nursing — serving the needs of ALS (Lou Gehrig’s disease) patients with ventilator care and tube feeding requirements, enabling them to lead manageable lives in the comfort of their homes.�

Posted by Alison Bert on Wednesday, June 20th, 2007 at 5:57 pm | del.icio.us Digg
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Gilman Ciocia moves to larger New City office

June
18

Gilman Ciocia, a provider of tax and financial planning services based in Poughkeepsie, has moved its New City operations from Maple Avenue to the Windsor Building at 20 Squadron Blvd. near the intersection of Route 304. Company officials said the move to a larger, 2,300-square-foot space would accommodate its growing client base in Rockland County by providing space for new financial planners and a large conference room for whole-family and estate planning.

Posted by Alison Bert on Monday, June 18th, 2007 at 4:13 pm | del.icio.us Digg
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Econnergy Energy moving to Montebello

May
14
Econnergy Energy Co. Inc. will begin moving its headquarters to Montebello next month.

The energy marketer has signed a seven-year lease to occupy 31,000 square feet at 400 Rella Blvd. The company, currently at 286 N. Main St. in Spring Valley, needed larger offices as it plans to expand its business outside its current seven-state region, Director of Communications Darlene Hyde said.

It expects its staff of 110 will be settled in around Sept. 1.

Their new landlord is Mack-Cali Realty Corp.

Econnergy had been based in Spring Valley for 10 years.

Posted by Jerry Gleeson on Monday, May 14th, 2007 at 6:35 pm | del.icio.us Digg
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Physical therapy provider opens office in Irvington

April
30

Rivertown Physical Therapy & Rehabilitation has opened a full-service office on 8 Aqueduct Lane in Irvington. It will hold an open house from 3 to 7 p.m. Thursday.

The facility is a joint venture of Rye Physical Therapy & Rehabilitation, which has two offices in Rye and one in White Plains, and Bronx River Physical Therapy. The new office has extended hours from 6 a.m. to 7:30 p.m. Monday through Friday and from 8 a.m. to noon on Saturday.

Most insurance is accepted. For appointments, call 914-591-4332.

Posted by Alison Bert on Monday, April 30th, 2007 at 12:58 pm | del.icio.us Digg
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Commerce Bank to open in Garnerville

April
26

Commerce Bank, which operates more than a dozen branches in the Lower Hudson Valley, announced today that it has broken ground for a new Garnerville store, expected to open in June at Route 202 and Morea Court.

The Cherry Hill, N.J.-based bank also has branches planned for New City and Nanuet, as well as additional sites in White Plains and Scarsdale.

Posted by David Schepp on Thursday, April 26th, 2007 at 1:45 pm | del.icio.us Digg
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Eos Airlines expands flight schedule

April
10

Eos Airlines of Purchase, which operates luxury passenger service between New York and London, is expanding its schedule to three flights on peak travel days starting April 15.

A total of 32 flights a week will now be available between the two cities.

The additional third flight departing New York’s John F. Kennedy Airport will be available on Sundays, Thursdays and Fridays at 10:55 p.m., with an additional third flight from London Stansted Airport available on Sundays, Mondays and Fridays at 1 p.m.

Posted by Julie Moran Alterio on Tuesday, April 10th, 2007 at 4:41 pm | del.icio.us Digg
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White Plains-based K&F Industries to build plant in Georgia

April
5

K&F Industries Holdings Inc., a White Plains-based maker of aircraft parts that plans to be acquired by a British company, said this morning that it plans to expand its Engineered Fabrics Corp. operations.

The company said that due to strong military demand for its products, it will build a 60,000-square-foot plant at its subsidiary’s headquarters in Rockmart, Ga. The new plant will help with increased production of de-icing equipment and upholstery for the inside of helicopters. The plant is scheduled to be completed by late summer.

K&F announced last month it planned to be acquired by Meggitt-USA Inc. for $27 a share in cash, or about $1.8 billion.

K&F stock closed yesterday at $26.82, down 8 cents.

Posted by Allan Drury on Thursday, April 5th, 2007 at 9:58 am | del.icio.us Digg
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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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