The Hain Celestial Group, Inc., a leading natural and organic products company, will invest over $10 million as part of its office relocation and facility expansion in Lake Success, Nassau County, Long Island, New York, creating up to 150 new jobs.
"The expansion of Hain Celestial means an industry-leading business and almost 400 jobs will stay right where they belong on Long Island," Governor Andrew Cuomo said, noting the firm will not only create about 150 jobs but also retain its 250 current employees. "This is another strong sign that New York is becoming a place where businesses want to grow and make long-term, job-creating investments."
"As a proud resident New Yorker, I am pleased to be increasing our commitment to the region with the expansion of our international corporate headquarters complete with state-of-the art sustainable features," said Irwin D. Simon, Founder, President and Chief Executive Officer of Hain Celestial.
In moving from Melville to Lake Success, both in Long Island, Simon said, "The design and layout of our new facility will provide us with a nurturing environment to foster the next level of growth for the Company. Our new in-house research and development capability will create products that will be sold all over the world," he added.
Nassau County Executive Edward P. Mangano said, "It's a great day when government can help save and create private sector jobs and assist in economic development projects that benefit the community.
Supported by an incentive package from Empire State Development of $4.5 million in Excelsior Jobs Program tax credits, Hain Celestial will lease and make capital improvements to an 86,000 square foot facility at The Village of Lake Success, in Lake Success, New York.
Pending final Board approval, the Nassau County Industrial Development Agency will provide Hain Celestial with a 16-year payment in lieu of taxes, PILOT agreement, and a sales and use tax exemption for up to $603,750 on purchases for furniture, fixture and equipment.
Empire State Development President, Chief Executive Officer Kenneth Adams said, "Under Governor Cuomo's leadership, we are beginning to see that New York's improving business climate is rapidly attracting companies to grow and invest here. Hain Celestial's investment in Nassau County will create and retain hundreds of new jobs while ensuring New York remains a leader with natural and organic products manufacturing companies."