The Westchester County Business Journal 7/23/2012 Issue

Page 1

INSIDE

WESTCHESTER COUNTY

BUSINESS JOURNAL

YOUR only SOURCE FOR regional BUSINESS NEWS | westfaironline.com

August 13, 2012 | VOL. 48, No. 33

Solar maker’s plans stall in East Fishkill

Bob Rozycki

Biz

WCBJ ®

BY PATRICK GALLAGHER pgallagher@westfairinc.com

A

Chinese solar panel manufacturer that last year said it would invest $100 million in a production facility in East Fishkill has yet to show any sign of bringing its plans to fruition. Linuo Solar Group Co., a solar photovoltaic manufacturer headquartered about 280 miles south of Beijing, announced on Sept. 23, 2011, it had bought the 160-acre property formerly known as the IBM West Campus for $4.5 million. In the 11 months since, Linuo has yet to file a single application for a building permit – or any other document indicating preparations to occupy the facility – and state and local officials report Linuo representatives have been nearly unreachable. “We’re incredibly disappointed that they don’t have a plan in place,” said Catherine Maloney, president and CEO of the Dutchess County Economic Development Corp.,

A former IBM production facility remains vacant on an overgrown site in East Fishkill.

Solar maker’s plans stall, page 6

sinead deane

Businesses, officials wary of toll hikes BY PATRICK GALLAGHER pgallagher@westfairinc.com

S

tate officials last week did little to quell discontent over the surprise revelation at a recent public meeting that tolls on the new Tappan Zee Bridge would be nearly triple what they are now. Larry Schwartz, secretary to Gov. Andrew Cuomo and the governor’s point man on the Tappan Zee Bridge replacement project, said at a hastily called Aug. 5 media briefing that tolls would increase whether or not a new bridge is built. Wary of toll hikes, page 6

LDC risks debated • 2

V H

The New Main Street Development Corp. in Yonkers has been inactive and unfunded since its creation in 2009.

eclectic edge • 4

so fresh • 21


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.