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Posted by: | Posted on: October 16, 2020

New Capital Funding Supports Job Creation, Business Expansion in Five PA Counties

first_img Infrastructure,  Jobs That Pay,  Press Release Harrisburg, PA – Today, Governor Tom Wolf announced new low-interest loan approvals through the Pennsylvania Industrial Development Authority (PIDA) for six businesses in five counties. The loans will enable the purchase, construction, and renovation of facilities and equipment. The funding will help create and retain 184 jobs across the commonwealth.“Pennsylvania has a strong, diverse network of businesses in critical sectors that drive our economy, like agri-processing and manufacturing, and the companies we’re investing in today represent the future of business in the commonwealth,” Governor Wolf said. “As we continue to make targeted, strategic investments in growing businesses, we are helping to ensure that our state’s workers, job creators, and local economies thrive.”The following loans were approved:Berks CountyPlum Creek Farm, LLC, an agri-processor, was approved for a $1 million, 15-year real estate loan at a 2 percent reset rate through the Greater Berks Development Fund for the construction of a new 12,000 sq. ft. building, providing expanded space for the production of ice cream, smoked meats and other prepared foods as well as an expanded market area for the sale of their goods and other local produce. The project will also allow the company to operate six days a week, year-round. The company is expected to create 20 full-time jobs within three years.Centre CountyAdvanced Powder Products, Inc., a metal injection molding manufacturer, was approved for a $1,863,795, 15-year real estate loan at a 2 percent reset rate through the Moshannon Valley Economic Development Partnership. The loan will enable the company to construct a new 27,000 sq. ft. manufacturing facility. The company is expected to retain 65 and create 15 full-time jobs within three years.Chester CountyGood Crop, Inc., an agri-processor and fruit juice manufacturer, was approved for a $800,000, 10-year machinery and equipment loan at a 3 percent rate through Chester County Economic Development Council. The loan will enable the company to purchase machinery and equipment to for the production and packaging of fruit juices at the company’s leased manufacturing space. Through this project, the company is expected to retain 12 and create 10 full-time jobs within three years.A Greener Tomorrow, Inc., a recycling company, was approved for a $400,000, 10-year real estate loan at a 2 percent reset rate through the Chester County Economic Development Council. Through the loan, the company will be able to acquire the real estate, including two warehouses totaling 8,160 sq. ft. and conduct environmental remediation of the project site. The company is expected to create eight full-time jobs within three years.Lancaster CountyGood Burrito Co., a fast-casual Tex-Mex restaurant, was approved for a $200,000, 15-year real estate loan at a 2 percent reset rate through EDC Finance Corporation to purchase its currently leased restaurant space, which includes four rental properties. This will enable the restaurant to realize rent savings while generating rental income. The company is expected to retain four full-time jobs through this project.Westmoreland CountyProduct Evaluation Systems, Inc., an industrial testing company, was approved for a $1,055,546, 15-year real estate loan at a 2 percent reset rate through the Economic Growth Connection of Westmoreland. The loan will enable the company to construct a 12,150 sq. ft. pre-engineered steel building with a connecting corridor to their existing facility, which will house their machine shop and specialized mechanical testing equipment, and provide needed office space. The company is expected to retain 42 and create eight full-time jobs within three years.So far in 2019, PIDA has approved $26,890,536 in low-interest loans that have resulted in $46,895,789 in private investment and supported 962 created and retained full-time jobs. This month’s meeting included the approval of six projects totaling more than $6 million in five counties.PIDA provides low-interest loans and lines of credit to Pennsylvania businesses that commit to creating and retaining full-time jobs within the commonwealth, as well as for the development of industrial parks and multi-tenant facilities. Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) that partner with PIDA. PIDA is currently offering interest rates between two and three percent for applications received by October 1, 2019.For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov. September 04, 2019 New Capital Funding Supports Job Creation, Business Expansion in Five PA Countiescenter_img SHARE Email Facebook Twitterlast_img read more

Posted by: | Posted on: September 28, 2020

Gold Coast family snaps up last three farms of former dam project

first_imgProperty 13 sold for $3.1 million.“Property 13 then sold for $3.1 million and property 14 for $1.2 million,” he said.“I knew we’d have plenty of interest as these were genuine sales of good country which is very rarely available so close to the Gold Coast.“The State Government had shown itself to be genuine market seller and continued it to meet the market through stages two and three. >>FOLLOW EMILY BLACK ON FACEBOOK<< Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45 Property 12 – a 556 hectare holding sold with very solid interest for $11.5M in a fast and entertaining auction with 14 registered bidders.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoHe said property 12, a 556ha holding, sold with for $11.5 million, in a “fast and entertaining auction”, with 14 registered bidders. The final three Queensland rural properties, once earmarked for the former Glendowner Dam project around Beaudesert, sold at auction yesterday for almost $15.8 million.The final three Queensland rural properties, once earmarked for the former Glendowner Dam project around Beaudesert, sold at auction yesterday (November 23) for almost $15.8 million.About 200 people watched on as Ray White Rural sold all three properties to a Gold Coast family who bought all three lots for $15.8 million to create one big landholding. Property 14 for $1.2 million.Ray White Rural Beaudesert principal Ed Dalton and sales agent Andrew Thomson, marketed the properties along side Ray White Rural Queensland agent Peter Douglas. Ray White Rural Queensland agent Peter Douglas said he wrapped up the campaign of 14 properties that kicked off in June by selling the last three lots.Mr Douglas said the total campaign was worth more than $30 million in sales for the Queensland Government — with a 100 per cent auction clearance rate.“I am simply ecstatic with the result,” Mr Douglas said.“There was keen interest from the 45 registered bidders.“It’s so brilliant to get every property sold under the hammer.“We sold like a train today.” Bright future for Brisbane units “Throughout the campaign we had buyers come from interstate, but today all three sold to one Gold Coast based family who have bought them to turn into a farm.” MORE: Lawyers property dreamslast_img read more

Posted by: | Posted on: September 26, 2020

Uche Agbo Saves Dying Patient, Pays for Kidney Transplant

first_img Magdalene Maxwell 21, who hails from Badawa quarters, Nasarawa local government Kano state, is battling with two failed kidneys which signifies an end stage renal failure, she solicited for help through social media platforms when it was disclosed to her by doctors that to alleviate her sufferings, she had to be placed on monthly medications and 3 sessions of hemodialysis per week which will cost N218,200 monthly, but for a permanent solution being transplant for two kidneys will cost N3,500,000.Advertisement Super Eagles and Deportivo La Coruna midfielder, Uche Agbo, has stepped forward to foot the bills of a patient, diagnosed with chronic kidney disease. Loading… Read Also:Europa: Mikel, Nwakeme lead Trabzonspor against Bassel Uche Agbo,who got wind through social media and having grown up in the north felt the pains of the girl and her parents decided to pay the total cost of the operation in order to get a lasting solution.The girl did not believe it when she got wind of a help coming from a super eagles player when she received the alert of three million and five hundred thousand naira,(#3,500,000)being cost of the whole operation took the breath out of her. FacebookTwitterWhatsAppEmail分享 Promoted ContentCan Playing Too Many Video Games Hurt Your Body?10 Of The Best Places Around The World To Go StargazingThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreCelebrities Showing Support For George Floyd ProtestsCouples Who Celebrated Their Union In A Unique, Unforgettable WayBehind-The-Scenes Selfies From 10 Popular Movies7 Universities In The World With The Highest Market Value20 Facts That’ll Change Your Perception Of “The Big Bang Theory”The 18 Most Visited Cities In The World7 Universities Where Getting An Education Costs A Hefty PennyWhat Is A Black Hole In Simple Terms?7 Non-Obvious Things That Damage Your Phonelast_img read more