Brookhaven IDA closes economic incentive package for UI Supplies

Yaphank, NY According to Frederick Braun, III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has closed on a package of economic incentives for UI Supplies Inc., a toner cartridge remanufacturer supplier, and its affiliate, UI Digital, a fast-growing start-up producer of short-run label printing equipment established by UniNet Imaging, Inc.

The companies plan to relocate from Holbrook to a 15,860 s/f  building at 22 Old Dock Rd. The companies expect to have 13 workers within two years.

The incentive package for the UI Supplies/UI Digital $2.2 million project, approved at the IDA’s Oct. 19 meeting, closed on Nov. 7.

The companies’ application had been considered under the IDA’s adaptive-reuse policy which helps a business that is moving into a vacant building.

“We are pleased that UI Digital and UI Supplies have chosen to relocate this new, exciting business to the Town of Brookhaven and bring as many as 12 new jobs to the town,” said Braun.

UI Digital produces a series of color digital printers sold under the iColor brand that can be used to produce product labels and t-shirts.  UI traces its roots to a small business started in Ronkonkoma in 1985 as Cheeks Products and later known as Summit Laser Products and Summit Technologies. The company was acquired in 2007 by UniNet Imaging, Inc.

“It’s our intention to remain here and grow iColor into a large worldwide printer OEM,” Joe Dovi, UI Digital’s chief operating officer, said in a letter to the IDA. “In just 3 years we have already seen substantial growth in this new division, with sales growing month over month and awareness of our brand growing at an exponential rate all over the world.”

Since 1971, the mission of the Town of Brookhaven Industrial Development Agency has been to promote the economic welfare and prosperity of the Town of Brookhaven by assisting in the acquisition, construction, reconstruction, and equipping of commercial and industrial facilities. The IDA has issued millions of dollars in tax-exempt or taxable bonds and provided assistance through straight lease deals to encourage companies to either locate or expand in the Town of Brookhaven. This assistance has been extended to companies both large and small, and has resulted in the direct creation of thousands of jobs for Brookhaven residents. The IDA has provided assistance to a wide range of companies, including Tate’s Bake Shop, Amneal Pharmaceuticals, Precision International, LI Precast, Woodcrest, Uncle Wally’s, and Framerica.