Pennsylvania Industrial Development Authority Awards Funding to Support Business Expansion and Job Creation in Six Counties

first_imgPennsylvania Industrial Development Authority Awards Funding to Support Business Expansion and Job Creation in Six Counties Economy,  Jobs That Pay,  Press Release,  Workforce Development Governor Tom Wolf announced six new low-interest loan approvals through the Pennsylvania Industrial Development Authority (PIDA) that will support businesses in the purchase of new technology, equipment, real estate, and building construction costs, and the creation of new full-time jobs across the commonwealth.“The businesses that were awarded funding today will expand their operations and improve service, bring new jobs to their communities, and benefit Pennsylvanians in a number of ways — including making healthcare more accessible and environmentally friendly and acquiring the tools and equipment they need to offer high-quality service to consumers,” said Gov. Wolf. “My administration continues to invest in and support businesses of all sizes as they work to strategically improve their operations and what they can offer to their customers.”In 2020, PIDA has approved $12,476,775 in low-interest loans that have resulted in $28,840,802 in private investment and supported 933 created and retained full-time jobs.The following loans were approved:Bucks CountyManning-MFG, LLC, through the Bucks County Economic Development Corporation, was approved for a $640,000 PIDA loan at a 3 percent fixed interest rate for 10 years for the acquisition of an existing 28,060 sq. ft. multi-occupancy building in Bristol Township. The facility is currently fully occupied with four longstanding tenants who will continue their agreement with Manning-MFG, LLC. The total project cost is $1.6 million.Carbon CountyPalmerton Site, LLC, through the Carbon Chamber and Economic Development Corporation, was approved for a $2 million, 15-year PIDA loan at a 1.75 percent reset interest rate to assist in construction of its new 16,923-square-foot building in Palmerton Borough. The building will make quality healthcare more accessible for Palmerton and surrounding communities, providing access to St. Luke’s University Health Network physicians, medical procedures, physical therapy, and laboratory services. The total project cost is $4,945,122, and St. Luke’s University Health Network will create 50 full-time jobs and retain 25 jobs.Cumberland CountyH3C Enterprises, LLC, through the Capital Region Economic Development Corporation, was approved for a $165,000, 15-year PIDA loan at a 2 percent reset interest rate to acquire a 10,680-square-foot industrial property in New Cumberland. The facility will be primarily used for warehousing of equipment and materials with the majority of the space being occupied bya commercial and residential full-service property restoration company, C&Z Construction, LLC., The total project cost is of $490,675, and C&Z Construction, LLC, will create six full-time jobs and retain 15 jobs.Lackawanna CountySAP Manufacturing, LLC, a manufacturer of plastic products, through the Northeastern PA Alliance, was approved for a $400,000, 10-year PIDA loan at a 3 percent fixed interest rate. Funding will provide for the acquisition of manufacturing equipment, including plastic injection molding, plastic extrusion and rotational molding equipment, and real estate for its site in Jefferson Township. The total project cost is $1.55 million, and the company will create one full-time job and retain 10 jobs.Luzerne CountyWyoming Valley Chiropractic, Inc., through the Northeastern PA Alliance, was approved for a $35,939 PIDA loan at a 2 percent fixed interest rate for 10 years. The funding will assist in the purchase of a 20/20 C-DR Direct Digital imaging system and related accessories for the practice located in Forty Fort Borough. This purchase will allow the company to upgrade from plain film to digital X-ray, using less energy and reducing environmental pollution. The total project cost is $47,919.Northampton CountyCryoConcepts, LP, through the Lehigh Valley Economic Investment Corporation, was approved for a $400,000 PIDA loan at a 3 percent fixed interest rate for 10 years. The funding will be used to acquire machinery and equipment to be installed at the company’s research, development, and manufacturing facility in Bethlehem City to support manufacturing new, more technologically-advanced cryosurgical products. The total project cost is $850,000, and the company will create eight full-time jobs and retain 20 jobs.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 2 and 3 percent for applications received by March 31, 2020.For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit March 04, 2020center_img SHARE Email Facebook Twitterlast_img read more

US LNG landing in Portugal

first_imgLNG receiving terminal at the port of Sines owned and operated by Portugal’s electricity and natural gas infrastructure operator REN is set to receive a US cargo.According to the shipping data by the Port of Sines, Rioja Knutsen capable of transporting 176,300 cubic meters of natural gas, is scheduled to arrive at the facility on February 7.The vessel is carrying a cargo loaded at Cheniere’s Sabine Pass LNG export facility in Louisiana.It is a second consecutive cargo of liquefied natural gas from the United States, as the 150,200-cbm Seri Camellia is currently unloading a Sabine Pass cargo at the facility.The facility can accommodate vessels with capacities between 40,000 and 216,000 cubic meters of LNG, three storage tanks with a commercial capacity of 390,000 cubic meters and seven vaporizers for the regasification of LNG.The LNG terminal has a nominal emission capacity of 900,000 cubic meters/hour and a maximum of 1,350,000 cubic meters/hour and can load up to 36 tanker trucks per day. LNG World News Stafflast_img read more

Allam was misinterpreted – Bruce

first_img Allam has been the target of strong criticism from supporters ever since he announced his intention to ditch the 109-year-old title of Hull City AFC in favour of his preferred Hull Tigers. He has been dismissive of those who oppose the move and, in an interview with a Sunday newspaper, told his detractors they could “die as soon as they want” – a reference to the ‘City Till We Die’ movement. “We should be enjoying the Premier League rather than talking about a badge or a name change.” He added: “I’ve got to have a conversation with him. I don’t think he understands quite what it means to the history and the tradition. “But if he wants us to play in pink fairy dresses then he is entitled to that view.” Speaking to BBC Radio Five on Monday evening, Bruce sought to take the heat out of the situation. “I think what he was saying was he needs the situation to die, not the supporters to go away and die,” he told BBC Radio Five. “I think there’s a misinterpretation.” He continued: “The owner’s been (in Hull) 45 years, and I’m not making excuses here, but if you speak to him he still hasn’t quite grasped the English language.” Bruce said after Sunday’s 3-1 Barclays Premier League win over Liverpool that he intended to speak to Allam about his proposal to rebrand the club after claiming the Egyptian “does not understand” the tradition that goes with the name of the team. The home faithful displayed banners and protested against the proposed rebranding during Sunday’s triumph, which lifted the Tigers to 10th in the Premier League, and Bruce is hopeful Allam will take their feelings on board. “I think the chairman has put something like £70million into this club, so without him there wouldn’t be a club or a ‘Hull City’ – it would be down the tubes,” said the 52-year-old, who took over as Hull manager in June 2012. “We have to respect his wishes, but on the other hand he has to understand too that a lot of people feel very, very strongly about this. “The last thing we need in our first year back in the Premier League is any distractions, because it’s hard enough. At times, when things aren’t going so well, it can create an atmosphere that no-one wants. Hull manager Steve Bruce believes club owner Assem Allam was misinterpreted when he said fans opposed to his plan to rename the club Hull Tigers can “die as soon as they want”. Press Associationlast_img read more

Impeachment of Donald J. Trump Could End Today

first_imgThis could be the final day of the impeachment saga. Florida Senator Rick Scott said last night that he believes the senate will vote by tonight to acquit President Trump. The Florida Republican says people are tired and ready to get this over with and do something positive. He also says if the senate agreed to call more witnesses, this will never, ever end.So what about witnesses? It appears likely Senators will vote against calling additional witnesses at the impeachment trial of President Trump.Democrats needed four Republicans to join them to ensure they could issue subpoenas for additional evidence.So far, they have two.Utah’s Mitt Romney will vote for witnesses, a member of his staff confirmed this morning.Maine’s Susan Collins said yesterday she would vote for witnesses.Alaska’s Lisa Murkowski is expected to announce her decision this morning.Tennessee’s Lamar Alexander announced last night that he thought the House managers proved their case, but says he will not vote for witnesses.If the vote ends in a 50-50 tie, Chief Justice John Roberts could cast a deciding vote, but most expect him to decline to do so.last_img read more

The Latest: Italian soccer considers allowing fans in July

first_img Associated Press The Italian league is set to resume on June 20 with no spectators allowed. There are also strict rules limiting the number of people in the stadium to 300. That includes both teams, staff and journalists.Italian media are reporting that the soccer federation could discuss the possibility of increasing that number and permitting a vastly reduced number of fans.Federation president Gabriele Gravina says “it’s something I really wish for with all my heart.”Gravina says “it’s unthinkable that in a stadium that can hold 60,000 there’s not space for a small percentage of fans with the necessary precautions.”___ The Japanese MotoGP has been canceled because of the coronavirus pandemic.The race was scheduled for Oct. 18 at the Twin Ring Montegi circuit. Organizers say they hope to return to the same venue next year.Japan has a big presence in the sport and is the home of manufacturers Yamaha, Honda and Suzuki.Organizers say this is first time since 1986 that Japan will not host a race.MotoGP says it is trying to restart the season with races staying in Europe until mid-November. A race in Japan after that would be too late in the season. The Latest: Italian soccer considers allowing fans in July June 1, 2020 The Big 12 Conference announced its schools can begin bringing athletes back to campus, with the resumption of voluntary activities starting June 15 for football players.The conference said each school can use its own discretion in deciding when athletes return to campus. The Big 12 had suspended all team activities, voluntary or required, because of the coronavirus pandemic through May 31. As of June 1, new rules go into effect. In-person required and voluntary team activities are still banned for all athletes from June 1-14.Football players can resume voluntary on-campus activity on June 15. Other fall sport athletes can begin voluntary on-campus activity on July 1. Basketball players can participate in on-campus voluntary activities, starting July 6, and all other sports can resume voluntary activities on campus on July 15.Virtual or online supervised workouts and skill instruction is still not permitted. All required virtual or online activities, such as film study, are limited to eight hours per week and only on-field coaches may conduct those sessions.___ Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Italian soccer authorities are considering the possibility of allowing fans into stadiums starting next month. ___Brazilian soccer club Vasco da Gama says 16 of its players have tested positive for the coronavirus.The Rio de Janeiro club says the positive results came after tests were conducted on about 250 people.Three players have already recovered and the others remain separated from the group.The club says it will begin a series of medical evaluations on squad members. Atlético Mineiro and Cruzeiro said Sunday one player in each squad tested positive. Atlético said Ecuadorean midfielder Juan Cazares had the virus. Cruzeiro announced that forward Vinícius Popó was infected.There is still not date set for the return of soccer in Brazil.___More AP sports: and,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6last_img read more