News: Long Island

Brookhaven IDA accepts application for economic incentives from Amneal

Yaphank, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has accepted an application for economic incentives from Amneal Pharmaceuticals LLC that will allow the fast-growing drug maker to lease 84,000 s/f of warehouse space to accommodate its growing space needs.

Frederick Braun III, 
Brookhaven IDA

Amneal, the fifth largest manufacturer of generic drugs in the U.S., currently operates from a 410,000 s/f building, completed last year, at 50 Horseblock Rd. and sites in Hauppauge and Commack. It plans to convert warehouse space in the new building to manufacturing and research and development, and move its warehouse operations as well as those in Commack, which is closing, to the space it plans to lease from Rechler Equities at 19 Nicholas Dr. Anneal also plans to transfer some manufacturing to Brookhaven from its plant in Hayward, Calif.

The application was the subject of a Sept. 10 public hearing and is subject to further staff review and final approval.

“Due to business dynamics, our Brookhaven facility required even more manufacturing space,” Anneal Senior Vice President Miguel Gomez said in a letter to the IDA. “The fastest way to accommodate the process was to build additional manufacturing rooms into the existing warehouse.”

The Rechler building totals 232,135 square feet and IDA officials anticipate that Amneal likely will take additional space — now occupied by Global Tissue — in the future. The expansion will create seven jobs. Rechler will not receive any benefits from the IDA.

Amneal, which said it would add 400 workers in the Horseblock Road building prior to its completion, now has over 700 workers at the site, one of its three locations on Long Island. It plans to spend $1.1 million in renovations at the Nicholas Drive site.

“They really have embraced Brookhaven,” Braun said of Amneal. “Amneal’s continued expansion in our town proves that Brookhaven is a great place to grow your business and be successful.” 

The Rechler building, the size of five football fields, was built in 1989 by Estee Lauder and sold to Rechler’s predecessor business, Reckson Associates, in 1995.

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