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Archive for the 'Rockland' Category

Rockland Business Association plans “green” workshop

May
27

The Rockland Business Association will hold its second annual Green Council Seminar on Wednesday, June 3, from 8 a.m. to noon at Rockland Community College in Suffern. The program will focus on making businesses more profitable through the adoption of “green” principles.
The association will unveil a Web-based toolkit that will help businesses become more sustainable. Melissa Everett, executive director of Sustainable Hudson Valley, will speak on “Green Jobs in a Green Community: Connecting the Dots.”
A panel discussion will feature George Hoehmann from Camp Venture Inc., John Lorenzo from Instrumentation Laboratory, Arthur Barikyan from Orange & Rockland Utilities, and Ed Gray from Rockland BOCES.
Vendors will demonstrate green technology products and services, and Rockland County Executive C. Scott Vanderhoef will speak. For more information, call the RBA office at 845-735-2100. Admission is $20 for members and $35 for non-members.

Posted by Jerry Gleeson on Wednesday, May 27th, 2009 at 4:14 pm |
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Bidding for government contracts is topic of workshop

May
27

Rockland Economic Development Corp. will hold a free program on how small businesses can obtain contracts with the Hudson Valley Municipal Purchasing Group.
The program starts at 9:30 a.m. on Thursday, June 11 at the Ellipse Room of the Technology Center of Rockland Community College at 145 College Road in Suffern. The program will discuss the local procurement process, what local governments buy, the laws governing the process, and the purchasing group itself and its on-line bidder notification system.
Representatives from Rockland, Orange, Dutchess, Putnam, and Westchester counties and representatives from the cities of Yonkers and Poughkeepsie will be present to speak with local business owners. To learn more, contact Pauline Drakopoulos at 845-735-7040 or paulined@redc.org.

Posted by Jerry Gleeson on Wednesday, May 27th, 2009 at 10:48 am |
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Provident Bank posts higher quarterly profits

April
21

The parent company of Provident Bank in Montebello reported higher profits and revenues in its fiscal second quarter, but also saw an increase in chargeoffs of bad loans as the economy worsened.
The parent, Provident New York Bancorp, had net income of $5.54 million, or 14 cents a share, on net interest income of $23.6 million for its quarter ending March 31. For the comparable quarter a year earlier, it had net income of $5.08 million, or 13 cents a share, on net interest income of $23.2 million.
Net chargeoffs increased to $4.3 million for the quarter, up from $1.9 million in the comparable quarter of 2008. The chargeoffs were centered in the small business loan portfolio, the bank said.
The bank increased its allowance for loan losses to $26.4 million, or 1.52 percent of loans outstanding.

Posted by Jerry Gleeson on Tuesday, April 21st, 2009 at 10:03 am |
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Program to discuss state certification program

March
23

Rockland Economic Development Corporation and Rockland Business Association will sponsor a free program for county-based minority – and women-owned businesses on Thursday, March 26, at 9 a.m. at the IBM Executive Conference Center in Palisades.
The program will discuss opportunities available to minority – and women-owned business enterprises that join a state certification program. To learn more or to register, contact Jayne Nichols at the REDC at 845-735-7040 or jaynen@redc.org.

Posted by Jerry Gleeson on Monday, March 23rd, 2009 at 5:11 pm |
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Tax increases are wrong answer, says Rockland business leader

January
16

Al Samuels recites statistic after statistic about the worrisome problems facing the New York state economy.

The state ranks 42nd nationally for personal income growth. It is worst in the country for population loss since 2000. Then there is the big hot-button issue — taxes — that really troubles Samuels, the president of the Rockland Business Assocation.

New York’s personal income taxes are the highest of any state and 123 percent above the U.S. average. Meamwhile, the tax burden on New York corporations is second highest in the nation.

“It’s getting to the point that people can’t afford to stay here,” Samuels said. “They can’t afford the taxes and the cost of living….If we keep losing population in this state, we won’t have the quality work force for the jobs of the 21st century.”

The current economic and financial crisis that some researchers are calling the worst since the Great Depression could compound the state’s long-standing problems if public officials don’t respond in the right way, Samuels said. State and local budgets are under pressure as the economy softens. But raising taxes to cover the shortfall would be a terrible mistake and make New York’s tax structure and economy even more uncompetive with other states, according to Samuels.

“We can’t just look to local property owners and businesses to make up the difference with higher taxes,” Samuels said. “That’s the problem.”

The signs of economic stress are growing. Sales tax revenues dropped 5.5 percent for counties statewide during the fourth quarter as consumers ccurtailed their spending in a slowing economy. Rockland’s sales tax revenues fell $4 million to $40.6 million. Rockland’s unemployment rate was 5.1 percent in November, up from 3.6 percent a year earlier.

Even as the econmy worsens, Samuels said that governments should respond to the tight budgets by cutting expenses. He discussed his concerns Thursday during a luncheon meeting of his association, which counts more than 1,000 businesses as members.

“We need every elected official and municipality to take a hard look at where they are spending their money,” he said. “They will have to cut back until we can get out of this terrible economic crisis as a state and a nation.”

Posted by Jay Loomis on Friday, January 16th, 2009 at 1:33 pm |
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Insurance chief to speak at Rockland event

November
4

Eric Dinallo, New York superintendent of insurance, will speak Nov. 13 at the annual dinner of the Rockland Business Association.

Dinallo recently was named by the National Association of Insurance Commissioners as head of the 50-state task force charged with protecting AIG’s insurance interests while the company operates under the federal credit program.

The event at the Hilton Pearl River will include a cocktail reception at 6 p.m. and a dinner at 7 p.m. For tickets, call the RBA at 845-735-2100.

Posted by Jay Loomis on Tuesday, November 4th, 2008 at 1:32 pm |
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The Journal News cuts 12 jobs amid ad slowdown

August
14

The Journal News cut 12 jobs today citing further erosion in ad revenue from retail, housing, automotive and employment sectors of the economy.

The cuts were part of a larger plan by the newspaper’s parent company, Gannett Co. Inc., to eliminate 1,000 jobs across the company’s 84 news properties in its Community Publishing division, which includes The Journal News and LoHud.com.

The number of positions eliminated at each newspaper was determined locally, McLean, Va.-based Gannett said.

Posted by David Schepp on Thursday, August 14th, 2008 at 4:36 pm |
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RBA publishes updated business directory

July
30

The Rockland Business Association has published its latest membership directory, the business group said yesterday.

The 2008-09 edition features listings of businesses in more than 260 different categories and also includes the latest demographic data on Rockland County. Members receive one free copy. Additional directories can be purchased for $10. Nonmembers pay $35.

Posted by David Schepp on Wednesday, July 30th, 2008 at 1:25 pm |
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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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