Westchester Business Journal 1/30/2012

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WCBJ

WESTCHESTER COUNTY

BUSINESS JOURNAL

YOUR BEST SOURCE FOR LOCAL BUSINESS NEWS | westfaironline.com

WC B J Going green

Grant winner sued Plaintiff alleges

WESTCHESTER COUNTYbreach of contract

BUSINESS A JOURNAL

gains gold Page 2

Jason Black, sustainability director at SL Green Realty Corp., in the lobby of 360 Hamilton Ave., a leading example of green-building practices in the state.

January 30, 2012 | VOL. 48, No. 5 | $2.50

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BY JOHN GOLDEN jgolden@westfairinc.com

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n Elmsford manufacturer due to receive a $5-million state grant to aid its relocation in the region has been sued by a supplier seeking contractual payments that it claims the manufacturer’s new owner would not honor. San-Mar Laboratories Inc., a contract manufacturer of over-the-counter drugs and health and beauty treatment products, in December was awarded the grant from the Empire State Development Corp. It was the second largest award among 61 private and municipal projects in the seven-county midHudson Valley region that were approved for a total of $67 million in state funding in the first year of Gov. Cuomo’s regional economic development strategy. State officials said the grant would assist the company’s proposed relocation from its 135,000-square-foot plant in the Elmsford Distribution Center to a still undetermined site in Putnam County. One of San-Mar’s founding principals and executive vice president, Frank V. Penna, last month said the 36-year-old company was looking at sites for new plant construction and planned to Grant, page 2

All work and no play … makes for a cranky employee. Check out special supplement inside.


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