To maintain Long Island’s economic competitiveness for the long run, the public sector needs to maintain a rich dialogue with the private sector.
That’s why HIA-LI takes pride in hosting forums where business and government come together to exchange ideas and to highlight the region’s centers of economic development opportunity.
A classic example was the 42nd HIA-LI Annual Meeting and Legislative Breakfast held January 17 at the Radisson Hotel in Hauppauge.
Attended by more than 350 representatives of Long Island’s business community, our high-octane panel of public officials included Congressman Lee Zeldin, State Senator John Flanagan, Assemblyman Mike Fitzpatrick, Suffolk County Executive Steve Bellone, Smithtown Town Supervisor Ed Wehrheim, and Bill Mannix, Executive Director of the Islip Town IDA.
Moderator Joe Campolo, Managing Partner of Campolo, Middleton & McCormick, LLP and Chairman of HIA-LI’s Board of Directors, emphasized the large percentage of businesses at the Long Island Innovation Park at Hauppauge engaged in value-added “tradeable” sectors exporting goods and services out of the region.
The Park’s “tradeability” ratio ranks “20 percent above the national average” for similar business clusters.
Congressman Zeldin praised Brookhaven National Lab for securing a $2-billion federal award to build an Electron Ion Collider, a project will “inject billions of dollars and an extensive number of jobs into Long Island’s economy.”
State government must do more to relieve fiscal burdens on localities, said Assemblyman Fitzpatrick, by curtailing its “cost-shifting” practices.
County Executive Bellone highlighted the Nicolls Road Corridor’s role as a platform for the revitalization of Patchogue, the forthcoming Ronkonkoma Hub, new growth at Long Island MacArthur Airport, and the ever-expanding Stony Brook University.
The Long Island Innovation Park at Hauppauge is on a multi-track growth trajectory, said Supervisor Wehrheim, because state, county, and town governments have “put politics aside” and built consensus on success strategies for the Park.
Sewer expansion is key to Suffolk County’s economic growth, said Bill Mannix, citing a recent $10-million state grant to the Town of Islip to extend sewer lines into downtown communities.
As HIA-LI members spend each day focused on growing our own individual enterprises, we also understand the importance of viewing our work within a regional perspective. As evidenced by our Legislative Breakfast, Long Island is fortunate to be represented by elected officials who also understand the value of long-term regional growth.