PEDA - Pennsylvania Economic Development Association

News

  • 04/13/2016 2:55 PM | Anonymous member (Administrator)

    In honor of Pennsylvania Economic Development Week, PEDA's Board of Directors has adopted its FY2016-17 legislative priorities.

    Click here for a press release.  Click here for this year’s legislative priorities.


  • 04/01/2016 7:50 AM | Anonymous member (Administrator)

    Greater Hazleton has proven on numerous occasions that it possesses an abundance of available employees who are highly skilled at a variety of business and industry positions and are dedicated to effectively doing their jobs every day.

    This was evident again earlier this year when internet services company Web.com chose to re-shore 74 jobs from the Philippines to its facility in the CAN DO Corporate Center in Drums, increasing the company’s workforce to nearly 350 employees.

    Governor Tom Wolf conducted a press conference at the Drums facility to officially announce the completion of the re-shoring efforts. Wolf spoke highly of the many positive attributes companies will find in Greater Hazleton.

    Wolf said, “Other than the natural beauty, the attraction for this area is the good people who live here, the good skills they have and the real opportunities for companies like this to find real talent. I think there is a lot of quality of life here. You have high-tech companies like this with objective criteria looking all over the world and they said they want to be in Drums.”

    The economic development and financial resources that are available to businesses from a local, regional and statewide level is another element that makes locating jobs in Greater Hazleton an attractive solution for businesses. Officials from CAN DO, Inc., the Governor’s Action Team and Pennsylvania CareerLink Luzerne County collaborated to provide assistance to Web.com to help locate the re-shored jobs in Drums. The Commonwealth of Pennsylvania provided financial incentives, including tax credits, and on-the-job training funds. The CareerLink staff helped Web.com conduct several job fairs to place qualified employees in the positions.

    The Department of Community and Economic Development put together its own package that included Job Creation Tax Credits, a Pennsylvania First Program grant and WEDnetPA funding for employee training. 

  • 03/30/2016 10:40 AM | Anonymous member (Administrator)

    Click here to read a letter from Governor Wolf supporting April 10-16, 2016 as Pennsylvania Economic Development Week.

  • 02/25/2016 9:26 AM | Anonymous member (Administrator)

    In this time of PA budget uncertainty, what is one of the best business incentives?

    As economic developers, we are well aware that not everyone wants money. Not every company interested in a new business location or in expanding their business wants a business loan from us – no matter what the interest rate. Whether it is an issue of timing, already having adequate capital in hand, or not being able to meet the job creation or other threshold requirements, not everyone wants or can utilize state financing.

    So, what is one of the best incentives that Pennsylvania can offer companies? Yes, you guessed it – our legislative priority #3 advocating a streamlined, predictable, and coordinated permit review focuses on one of the most meaningful incentives that can be offered.

    For several years, we have been discussing streamlining the permitting process as an important step for the Commonwealth. Excessive permitting timelines and onerous regulations – associated with various state agencies – result in increased project timeframes and costs, impairing economic growth and job creation. Due to the uncertainty caused by these increases, investment and related jobs are often sacrificed and Pennsylvania communities’ competitiveness is negatively impacted. 

    This is not about cutting corners and ending up with projects that violate established ordinances. It is about a clear and consistently applied permit review process that is of benefit to everyone. Permit applications that are analyzed and considered more efficiently and effectively afford a reasonable degree of comfort and certainty that the timing and expenses associated with the permitting processes will be more predictable.

    So perhaps I am showing my bias to you as it is now time to take another look at establishing priorities for 2016-2017, but our work in this area is not yet done. I encourage you to participate in the Advocacy process, identifying legislative priorities for PEDA in the coming weeks. It is important that the priorities identified during this year’s process represent how you want us to spend time and resources. And, if this issue sounds familiar, frustrates you, or inspires you – you probably want to make sure that you reach out to Chuck Leonard and become part of the PEDA Permitting and Regulatory Review (PARR) committee.

  • 02/25/2016 9:24 AM | Anonymous member (Administrator)

    Mr. George Connor is the Executive Director of the Dauphin County Department of Community and Economic Development, located in Harrisburg, PA.

    Having received his Bachelor of Arts degree in Business Communications at Penn State University – Harrisburg, Mr. Connor has been with the Dauphin County Department of Community and Economic Development since December 2002, administering the Community Development Block Grant Program, the HOME Investment Partnership Program, and the Housing Rehabilitation Program as well as acting as the main liaison for the DCDCED to the U.S. Department of Housing and Urban Development. In addition, he administers the Community Development Block Grant Disaster Recovery grant program and he secured Phase II Application submittal to the National Disaster Resilience Competition Grant program, the only grantee in entire state eligible for a potential award.

    Mr. Connor is involved with numerous community organizations such as the Dauphin County Housing Authority, Dauphin County Redevelopment Authority, Community Action Commission, Harrisburg University, Dauphin County Diversity Committee and LBA Baseball Association by serving as a board member, mentor and coach, just to name a few.

    He currently resides in Harrisburg and has a 13 year old son who keeps him busy.

  • 02/25/2016 9:20 AM | Anonymous member (Administrator)

    An economic development corporation in the Lehigh Valley region of Pennsylvania has announced the creation of a new partnership with area banks to provide access to a range of financing options to support economic growth.

    With economic growth on the rise in the region, the Lehigh Valley Economic Development Corporation (LVEDC) has worked with 13 local banks to establish the Lehigh Valley Lending Network. This unprecedented new program will offer a single point of entry to both private and public financing, allowing businesses that are seeking financing to simultaneously access and shop commercial lending institutions and economic development resource providers.

    “We believe this lending network which allows new customers to shop for capital resources in one spot, is very unique in the economic development world and will serve as a best practice for the entire country,” said LVEDC President and CEO Don Cunningham. “Most regions aren’t fortunate enough to having competing banks working in this unique way to support regional economic growth.”

    The Network will streamline the process for Lehigh Valley businesses seeking to establish new bank relationships and allow them to determine the lowest cost options to finance their project. Through the Network, they can canvass incentive financing and traditional bank loan products through one inquiry simultaneously.

    “The fact is many companies find the process of trying to find the right bank for their needs exhausting and layered in redundancy,” said John Kingsley, LVEDC Vice President of Finance. “We want to help companies find the right financing quickly.”

    The program is simple: An eligible borrower completes a series of forms outlining their business and provides a financial profile outlining their operating history and financing needs. This information is circulated to banks and economic development lenders based on the preferences of the borrower.

    Representatives of the selected lending organizations will then provide an expression of interest in working with the borrower that will outline the likely terms of a loan that could be offered if the company meets specific eligibility and credit criteria.

    Participating banks include Bank of America, BB&T Bank, Conestoga Bank, Embassy Bank, Lafayette Ambassador Bank, M&T Bank, National Penn Bank, New Tripoli Bank, PNC Bank, Peoples Security Bank, Provident Bank, TD Bank, and Wells Fargo.

    The Lehigh Valley is the third-largest metropolitan area in Pennsylvania, behind Philadelphia and Pittsburgh. With a population of about 822,000, the region has a GDP of $35.4 billion, larger than that of the entire state of Vermont and 94 other countries.
  • 02/05/2016 11:38 AM | Anonymous member (Administrator)

    Click here to read more.

  • 02/02/2016 8:17 AM | Anonymous member (Administrator)

    Jamie B. Keener, AICP, is a Shareholder with Herbert, Rowland & Grubic, Inc. (HRG) and Senior Sales Executive for the firm’s Eastern Region.  In this role, Jamie is responsible for driving business development activities, identifying and tracking new client leads, managing proposal and qualifications package development, and for client management. He also assumed office management responsibilities of the Shippensburg, PA office that opened February 1, 2016 following development of a strategic alliance with Carl Bert & Associates.

    Originally from Shippensburg, PA, he earned his bachelor’s degree in geography from Bucknell University and began his professional career in York, PA. After 12 years in York and 12 years in the Poconos (where he was active with the Greater Pocono Chamber of Commerce) he returned to southcentral PA. In addition to his new role with the Chamber, he is involved with several community and industry-related organizations, including; West Shore Chamber of Commerce (Chairman of the Board), the Hampden Township Zoning Hearing Board, the Cumberland York Areal Local Defense Group (CYALDG), ULI – Central PA Council, and Greater Carlisle Chamber - Legislative Affairs. He coaches Little League Baseball in Hampden Township and Upward Basketball. 

     


  • 02/02/2016 8:12 AM | Anonymous member (Administrator)

    Light at the End of the Tunnel – Update on the Titusville Towne Square Building Renovations

    Almost at the one - year point from a devastating fire that severely damaged the historic Towne Square Building in downtown Titusville, there is light at the end of the tunnel, renovations are finally coming together. And, as one community member mentioned – it is good to see lights on again in the Blue Canoe Brewery! 

    The evening of St Patrick’s Day 2015, a fire broke out in an adjacent downtown building, rekindled the next day in the Towne Square Building, resulting in a total loss to the fourth floor, and severely damaged lower levels including the ever popular Blue Canoe Brewery. PEDA member Titusville Community Development Agencies (TCDA), was housed on the fourth floor, along with a full service Conference Center.

    PEDA Executive Committee member Jim Becker, Executive Director of Titusville Community Development Agencies is in charge of the renovations. Titusville Redevelopment Authority – an arm of TCDA owns the Towne Square Building. 

    The only way to begin renovations was with use of three very large and very expensive cranes. For  approximately six months cranes were used to remove the entire fourth floor, secure the building structure, apply a roof on the third floor that could someday be built upon, and reinstall HVAC systems. Three state routes intersect where the cranes sat - rest assured the community was very happy when the detour around the cranes was no longer needed!

    Additionally, seven other businesses were displaced due the fire. First and foremost TCDA staff focused on placing tenants in temporary locations. Within days those tenants that needed temporary offices had them. Building owners with vacant office space reached out, calls regarding donations of office equipment and furniture came in quickly, and fundraisers were held to assist emergency response teams, businesses and individuals, “There was, and still is an outpouring of support that is humbling,” said Jim Becker.

    Fast forward to today -the brewery kitchen layout has been reconfigured to be more efficient, and all the major kitchen equipment is in place with a new walk in cooler. Workers are pushing hard to get the brewery open. A new entryway glass enclosure was installed. Codes have changed since the brewery was first built, so another venting system had to be installed that returns tempered air. Hardwood flooring is down. New lighting fixtures are going up. Tables will be delivered soon.  And most important, beer is being made on-site!

    Contractors are finishing up work on the first floor and will soon move upstairs to begin work on the upper two levels. Tenants meetings have been held to discuss floor plans and space accommodations. A full service Conference Center will again be available near the incubator office suites. The previous conference room was used frequently, so getting that area up and running right away is important. Planned are two additional smaller conference rooms to accommodate meeting demand. There is no date for completion, but the clock is ticking…..

    Everyone working on this project is dedicated to seeing it through to the end. They understand what this building means to the Titusville community. Staff at TCDA have also come to realize that a building sometimes is not just a building – in this case, the saving of the Towne Square building represents light at the end of what could have easily been a very dark tunnel. 

    For additional photos and to stay updated visit: www.tcda.org


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