PEDA - Pennsylvania Economic Development Association

News

  • 08/28/2019 2:47 PM | Anonymous member (Administrator)

    IMPACT Across PA | Beaver County


    On July 3rd, Governor Tom Wolf announced a low-interest loan approval through the Pennsylvania Industrial Development Authority (PIDA) for Beemac Trucking, LLC in Beaver County. The funding will enable the construction of a new full-service maintenance and repair facility in Ambridge Borough and will support the combined creation and retention of more than 200 full-time jobs.

    Beemac Trucking, LLC provides asset-based trucking, logistics, port, warehousing, and specialized services to customers throughout the United States, Mexico, and Canada. The company was approved for a $1,573,087, 15-year loan at a 3 percent rate through the Beaver County Corporation for Economic Development. The funding will be used for construction of an eight-bay state-of-the-art maintenance facility and a service shop with a 110-space paved truck and trailer marshaling area.

    The total project cost is $3,146,173. The project will enable the company to create 24 full-time jobs while retaining 190 full-time jobs within three years.

    This content is shared courtesy of the Pennsylvania Department of Community and Economic Development (DCED). 

  • 08/20/2019 11:08 AM | Anonymous member (Administrator)


    Michael Grigalonis serves as the Chester County Economic Development Council's Chief Operating Officer.  Since 2004 when Michael first assumed this role, the CCEDC has grown significantly adding 15 staff members and increasing the operating budget by 50%.  New initiatives were launched including the Economic Development Partners Initiative (municipal services and community development), HireOne (a job matching effort for dislocated professionals), and they Ideas x Innovation Network (formerly Keystone Innovation Zone).  Michael's day to day responsibilities include managing the staff, the budgets, and interacting with the board and its numerous sub-committees.
     
    Michael originally joined the CCEDC in 1999 as a Program Manager. During his time as Program Manager, Michael initiated and grew several successful programs to assist Chester County's business community. These programs still exist today and include: The Information Technology Action Group (ITAG) to address labor issues facing the IT industry; the Chester County International Business Council to assist companies with their export strategies; The Banking Workforce Consortium to train incumbent bank employees and recruit new commercial lenders; and the Workforce Partners to facilitate communication among the County's key workforce development service providers.
     
    Prior to joining the Development Council, Michael was employed in the Medical Affairs Department of Wyeth Pharmaceuticals in Radnor, PA.
     
    Michael earned a Bachelor of Science Degree in Exercise Science from Ithaca College in 1995 and an MBA from Villanova University in 1998.

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  • 07/17/2019 11:11 AM | Anonymous member (Administrator)


    It's been said that there is no greater honor than to be recognized by one's peers. The window for submitting 2019 PEDA Membership Award nominations is now open and we've made it easier than ever to showcase successful projects, initiatives and individuals.

    Showcasing key accomplishments at the statewide level not only benefits those being honored, but also shines a light on the meaningful work being done by our peers in the economic development profession. Please take this opportunity to publicly recognize those who are most deserving.

    Decisions on winners are expected to be made in mid September and awardees will be notified as soon as possible in advance of PEDA's 2019 Fall Conference, where recipients will be recognized.

    Download nomination forms here. 2019 PEDA Membership Award nominations must be submitted electronically to pedastaff@peda.org by 4:00 pm on Friday, September 13, 2019.

  • 06/27/2019 9:16 AM | Anonymous member (Administrator)


    Stephen is President and CEO of the Altoona Blair County Development Corporation. Stephen brings more than 25 years of management and economic development experience in both the public and private sector. Throughout his career he has worked to identify organizational and community place-based assets, matching them with new market opportunities.

    Stephen first worked at the ABCD Corporation from 2000 to 2007 serving as Director of Corporate Services. He was a member of the Southern Alleghenies Tourism Committee, the Workforce Investment Board and managed the development and marketing of the I-99 Innovation Corridor Initiative.

    In 2010 he was a co-founder of the economic development firm Fourth Economy Consulting where he worked with communities and industry across the country building competitive operational growth strategies and industrial site selection. A native of Blair County, Stephen can be found on a ski slope in the winter and on the roads and trails all seasons in between. 

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  • 06/14/2019 8:47 AM | Anonymous member (Administrator)

    IMPACT Across PA | Montgomery County


    Photo Credit: David Zellers

    Adaptive reuse of former industrial sites is often the key to meaningful economic development in many, if not most, municipalities in Pennsylvania. In Ambler, the redevelopment of the Ambler Boiler House is an excellent example of what thoughtful economic development can do to bring back to life a property that was thought completely unusable. The Keasbey & Mattison Company, once the world's largest manufacturer of asbestos, built the 48,000 square-foot Boiler House in 1897 as a power generating station to run their entire plant in Ambler. Following the collapse of the asbestos industry, the site became a community eyesore and an environmental wasteland.

    Through a public-private effort coordinated by the Redevelopment Authority of Montgomery County (MCRDA), a part of the Montgomery County Commerce Department, an unprecedented approach using PA's Act 3 rulemaking was undertaken in which the MCRDA temporarily held property title in the form of a straw party agreement during the cleanup. Public sector support for the project included EPA loan funding ($1.47 million total), a $4 million RACP grant, a $1.25 BIOS loan and a $900,000 BIOS grant, a $3.5 million HUD 108 Loan, and a $1.2 ISRP grant. The total costs of the site clean-up and redevelopment were approximately $16 million. At the time of purchase of the property, preliminary site investigation work revealed Asbestos Containing Material (ACM) both in the pitched roof and throughout the facility due to improper prior demolition. The general scope of work entailed the removal of asbestos contaminated piping and debris throughout the first and second level of the building, the bulk disposal of mixed ACM and contaminated demolition debris, the removal and off-site disposal of the ACM pitched roof sections located throughout the building, ACM dust abatement, and material removal and disposal. Given the extent of the contamination, approximately $4.6 million in environmental work had to take place prior to any other renovation. This prohibitive cost had deterred interested parties for decades.

    During construction, the project was able to save much of the existing shell. In order to accomplish this, sections were scrubbed clean of ACM by certified professionals wearing personal protective equipment. The ACM was properly disposed of. To a large degree, the majority of the building's original structural steel was repaired and remained, which prevented materials going to a landfill. The building was preserved through an adaptive reuse strategy. Recycled and/or salvaged materials of high post-consumer content and low VOC interior finishes were specifically used. Roofing materials were selected based on their albedo (or reflection coefficient) in order to reduce the solar gain effect on the building. The project received 85 out of 110 possible credits, earning a Platinum level certification from LEED. Ultimately, this successful redevelopment resulted in the delivery of 42,000 sf of unique Platinum level LEED certified Class A office space to one of Montgomery County's core communities and has spurred additional redevelopment of the area around Ambler's SEPTA station and downtown.

  • 05/15/2019 12:22 PM | Anonymous member (Administrator)

    It's been said that there is no greater honor than to be recognized by one's peers. The window for submitting 2019 PEDA Membership Award nominations is now open and we've made it easier than ever to showcase successful projects, initiatives and individuals.

    Showcasing key accomplishments at the statewide level not only benefits those being honored, but also shines a light on the meaningful work being done by our peers in the economic development profession. Please take this opportunity to publicly recognize those who are most deserving.

    Decisions on winners are expected to be made in mid September and awardees will be notified as soon as possible in advance of PEDA's 2019 Fall Conference, where recipients will be recognized.

    Download nomination forms here. 2019 PEDA Membership Award nominations must be submitted electronically to pedastaff@peda.org by 4:00 pm on Friday, September 13, 2019.

  • 05/02/2019 9:21 AM | Anonymous member (Administrator)

    Economic development is an increasingly complex endeavor. Communities are competing on a global scale and the rules of competition are constantly changing. Local economic development provides the cornerstone for social and business networks that propel the local economy. Because a vibrant economy cannot be taken for granted and we cannot assume that every citizen is fully aware of the efforts undertaken at the local level to maintain and promote growth and prosperity, it is vital to document both the effort required and the impact that results. Having partnered with Fourth Economy and Econsult Solutions, Inc. to complete a study, the impact is laid out in the below document.

    Read about the impact of EDCs on the Commonwealth's Economy!


  • 05/01/2019 4:42 PM | Anonymous member (Administrator)

    PEDA announced its FY2019-20 advocacy priorities during its 2019 Spring Legislative Conference. Click here to view the press release.

  • 04/30/2019 1:48 PM | Anonymous member (Administrator)

    During our annual spring conference, held this year at the Hilton Harrisburg, PEDA honored Senator Mario Scavello with a President’s Award for his longstanding commitment to economic development efforts in the Commonwealth of Pennsylvania.

    Click here to read the full press release.



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