BROOKHAVEN IDA CHIEF EXECUTIVE OFFICER LISA M.G. MULLIGAN RECEIVES LONG ISLAND BUSINESS NEWS’ TOP 50 WOMEN AWARD

10/14/16

FARMINGVILLE, NY (Oct. 17, 2016) – Lisa M.G. Mulligan, Chief Executive Officer of the Town of Brookhaven Industrial Development Agency (IDA) and Brookhaven Local Development Corp. (LDC), has been selected as a member of the 2016 class of Long Island Business News' Top 50 Most Influential Women in Business.

Launched in 2000, the Top 50 Most Influential Women in Business program has recognized the Island’s top women professionals for business acumen, mentoring and community involvement. The program’s honorees are selected by a judging committee. The award is to be presented at an Oct. 20 dinner at the Crest Hollow Country Club in Woodbury, New York. Mulligan (nee Giannusa), who is also Director of Economic Development for the Town of Brookhaven, has worked for the Town since 2009 and is considered one of the most influential economic developers on Long Island. By yearend, she will have guided dozens of projects that will have brought more than a billion dollars in new investments to the town and almost 10,000 new jobs. A native of Brookhaven Town, Mulligan was appointed to her IDA and economic development posts in October, 2009. With the creation of the LDC in 2010, she also became head of that agency. In 2013, she received the LIBN’s 40 Under 40 Award. She currently resides in Brookhaven with her husband, daughter and twin sons. Since 2009, Mulligan has courted innumerable businesses in an effort to bring them to the town – or to keep them from moving out – and has shepherded 62 new projects through the agency’s approval process for economic benefits. Among the largest projects is the almost-completed $60 million facility in Yaphank for Amneal Pharmaceuticals, which alone will bring almost 500 jobs. Among other companies she has worked with are Uncle Wally’s, Long Island Precast, and Quality King. And, still unfinished, but almost ready to close, will be an incentive package for Phase 1 of Tritec’s $538 million Ronkonkoma Hub project. Under Ms. Mulligan, the IDA also has assisted in the development of such residential rental projects as WinCoram, the Meadows at Yaphank and The Hills in Port Jefferson, as well as various assisted living projects in Patchogue, Lake Grove and Holtsville. Through her leadership of the LDC, Mulligan has worked with such non-profits such as Alternatives for Children, Mather Hospital, and Brookhaven Memorial Hospital. “A successful economic developer needs to be fully versed in all of the tools available ... state, federal and local, understand the needs of the applicant/client, and then be able to match the two,” says Frederick C. Braun, III, Chairman of both the IDA and the LDC. “Lisa has been masterful in achieving the goal of providing an appropriate level of tax incentives in return for capital investment and the creation or retention of jobs. She also embodies the relationship concept, maintaining close contact with the IDA's projects so that she is prepared for their next move. She is a professional economic developer in every respect.” Added Brookhaven Town Supervisor Edward P. Romaine: “Lisa is extremely deserving of this honor, because of the work she has done on behalf of the town in helping to create thousands of jobs and helping to inject almost a billion dollars in new investments into Brookhaven’s economy.” In addition to her town work, Mulligan also served on the Board of Directors of the Long Island Business Development Council, the Suffolk County Industrial & Commercial Incentive Board and the Hispanic Initiative Advisory Board. She also has been Secretary of the Suffolk County Small Business Advisory Council, as well as town hall’s liaison to the Brookhaven Business Advisory Council.

About the Town of Brookhaven Industrial Development Agency
Since 1971, the mission of the 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, Amneal Pharmaceuticals, Precision International, LI Precast, Woodcrest, Uncle Wally's, and Framerica. For more information, visit BrookhavenIDA.org or call 631-451-6563.

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