Office of Economic Development | Town of Islip

Hauppauge-based pharmaceutical firm LNK International recently became the third company in 2018 to qualify for designation in our foreign trade zone (FTZ). Their inclusion will make them exempt from many U.S. Customs rules and regulations and allow them to defer, reduce or eliminate tariffs on merchandise trade.

The Town of Islip is home to the only FTZ on Long Island. Through our alternate site framework program, we can help companies across Islip establish a FTZ designation at their existing locations. This doesn’t just benefit companies like LNK and its 1000 employees, but positively impacts the entire region’s economy.

Universal Door, a growing Brooklyn-based door manufacturer, has included Islip in their expansion plans, thanks in large part to our beautiful facilities, our skilled workforce, and our great incentive packages through our Office of Economic Development.

We worked with Universal Door, which will remain headquartered in Brooklyn, to negotiate the $4.4 million purchase of a 43,750-square-foot industrial building on three acres of grounds in Brentwood. The facility was originally owned by Michbi Doors, another door manufacturer, which is relocating to a 16,500-square-foot industrial building in Farmingdale.

Aeroflex Plainview Inc., one of the largest aerospace manufacturing companies in the world, is bringing its offices in Plainview and Hauppauge together under one roof, right here in the Town of Islip! The company has just leased 96,000-square-feet of property in Bohemia—an area known as Long Island’s hub for aerospace technology.

Aeroflex could have easily made the decision to move elsewhere, but we won them over with a benefits package that included $1.23 million in tax breaks over the course of the 12-year lease. And by choosing Islip, Aeroflex will retain 246 jobs in our labor market while adding 25 more over the next two years.

In 2018, Long Island MacArthur Airport served 1.6 million passengers, and now, thanks to Frontier Airlines, that number looks to climb in 2019. Beginning April 30, the low-cost carrier will be operating nonstop flights to Raleigh-Durham, North Carolina out of our town-owned airport, and tickets are now on sale.

We’ve identified Raleigh-Durham as one of the most desired destinations for Long Island travelers, and we are thrilled to now offer convenient and affordable access to the city for those traveling there for business, to visit friends and family, or to attend the area’s major universities.