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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

Cosy Coorparoo cottage hits the market for the first time in almost a decade

first_imgThe kitchen is modern.Polished timber floorboards flow through the lower level of the home, which has an open-plan and modern kitchen, living and dining area.The master suite is on this level, as well as a separate bathroom, laundry and study. The floorplan of 12 Stoneleigh St, Coorparoo.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 10:02Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -10:02 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, 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 Rate1xFullscreenJune, 2018: Liz Tilley talks prestige property10:02 Enjoy city views from the deck upstairs.On the second floor are two bedrooms, a bathroom and another living room, along with a veranda that has expansive city views.“Upstairs of an evening watching the sunset is another one of my favourite places in the home,” Ms Carroll said. The home at 12 Stoneleigh St, Coorparoo, is up for sale.A QUAINT Coorparoo cottage has been the place Paula Carroll has called home for nine years.Built in 1947, the two-level brick residence at 12 Stoneleigh St has the charm and history of a 71-year-old home, while still having all the mod-cons.“It’s a very homely house and has that cottage feel,” Ms Carroll said. “Walking down the front stairs through the garden is just beautiful.”center_img Cosy up by the fire with a book.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020It is the formal living space that’s one of Ms Carroll’s favourite places to spend her time, with an open fireplace the room’s focal point.“Certainly I love the room with the fireplace,” Ms Carroll said. “The sun flows into there during the day and it’s a beautiful place to sit and read.” One of the bedrooms at 12 Stoneleigh St, Coorparoo.Outdoors are manicured gardens and rolling lawns over the 731sq m block.Ms Carroll said the home would be suited to a growing family, due to its size and “lovely” location.“It’s in walking distance to schools down the road, as well as shops and cafes,” she said.“You can also go for a bit of a hike up Whites Hill if you want.”Ms Carroll described her neighbours as supportive but not overbearing.The home has close access to both the Gateway and Pacific motorways.last_img read more

Posted by: | Posted on: August 16, 2020

They are writing the History of B&H Basketball: B&H in the semifinals of Eurobasket after victory over Germany

first_imgCadets’ representation of B&H recorded one more historical success. Chosen players of coach Josip Pandža defeated team of Germany (70:54) in the quarterfinals of Eurobasket and qualified for the semi-finals of this competition.Germans didn’t find a solution for Njegoš Sikiraš and Džanan Musa who led the cadets of B&H to their historical placement in the semifinals of Eurobasket.After couple of mistakes in the opening minutes of the match on both sides, cadets of B&H found their rhythm that adorned them during the whole tournament. Sikiraš and Musa scored 6 points each while Amar Barukčija scored 2 points for 14: 6 in the first quarter.In the second quarter of the match, B&H team completely smashed Germany. With 17 points scored by Sikiraš and 14 points by Musa, our team went on a break with the score 39:17.The defense of young B&H basketball players was great as well and the fact that they kept down strong team of Germany to just 17 points in 20 minutes of match, speaks enough about their great performance.In the third quarter of the match, Sikiraš and Musa performed their show on which the Germans did not have an answer. After 3 minutes of the third quarter, B&H was leading by 26 points (46:20).By the end of the third quarter, Germans managed to decrease the advantage of the team of B&H on 51:30.In the last quarter, Germans were quite more effective, but BH Cadets didn’t missed the chance to qualify for the historical semifinals of Eurobasket. U16 Eurobasket, quarter-finals:B&H – Germany 70:54 (Source: klix.ba)last_img read more