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Pennsylvania puts jobs first. Under Pennsylvania Governor Tom Corbett’s leadership, Pennsylvania’s unemployment rate stands at a five-year low and jobs have been growing on a consistent basis for nearly four years. “My My policy for growing the Pennsylvania economy is simple—more jobs, less taxes,” says Gov.
Allentown, located in the heart of the Lehigh Valley and the third most-populous city in Pennsylvania, has a glorious history. When the industrial revolution unfolded in the 1830s, Allentown became the center of Pennsylvania’s iron industry and a railroad hub. 119,000, is one of the fastest-growing cities in Pennsylvania.
Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. That research supports the trade shows and targeted retail and hospitality efforts of the city. The company $7.2-million
An Honorable Mention Award also went to a full-court press by an “Action Team” including the Pennsylvania Governor’s office and the PA Department of Community and Economic Development that convinced specialty retail giant Urban Outfitters to double down on its investment in the Commonwealth.
The dedicated technology hub will help accelerate the Fortune 50 company’s technology transformation, serving as the epicenter for the team Lowe’s is hiring to help modernize its IT systems and build future retail experiences. OPPORTUNITY ZONES ARE HERE. The authors of the Opportunity Zones section of the tax reform bill, Sen.
BF: PA recently allocated $18 million in Keystone Innovation Zone Tax Credits to support 239 early-stage companies in growth sectors including information technology and advanced manufacturing. Dennis Davin, Secretary, Pennsylvania DCED. How does the KIZ program work and who is eligible to receive funding?
Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. URBAN OUTFITTERS DECIDES TO DOUBLE DOWN IN PENNSYLVANIA.
Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.
Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. Corbett and state and federal officials from both Pennsylvania and Delaware, to secure the remaining funding needed to complete the project. PMT also has direct access to both CSX and NS railways, and will soon connect to the Commonwealth Railway.
Longtime gas producers Texas and Louisiana top the list, respectively, but horizontal drilling in the Marcellus Shale formation is propelling traditional coal-mining powers Pennsylvania and West Virginia into the front rank of natural gas powerhouses. 2 in Workforce Training Leaders.
ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. CALIFORNIA.
The Greenhouse accelerates technology commercialization with seed and early-stage companies; connects investors with its Investment Portfolio companies; expands established life sciences ventures and relocates biomedical companies to Pennsylvania. eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies.
It may seem like a tall order when it comes to the time and money a food processor needs to invest in an organic product, but with organic retail sales growing annually, it may be worth it in the end. Teti makes Italian bread products that are sold in supermarkets and restaurants through such retailers as Wegman’s Food Markets and Costco.
million sf) of new construction and adaptive reuse of historic structures, including retail, for-rent and for-sale multifamily units, townhomes, offices, healthcare facilities, a school, and a hotel. This is a significant redevelopment project involving mixed-use residential and retail facilities, says Goldman. m (3- x 6.5-ft)-long.
Pennsylvania went from importing 75 percent of its natural gas requirements in 2007 to becoming a net exporter of natural gas in 2011; PA is now the second-largest natural gas producing state in the United States. 2-5 states (Ohio, 0.250; Mississippi, 0.233; Pennsylvania, 0.223; and Texas, 0.210), according to the U.S.
And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end. Just an hour North of New York City begins a great expanse of farmland that extends hundreds of miles to the Pennsylvania border. Using the IDA and Empire Zone program, $3.3
As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. CVS produces “Grab Apples” from locally grown apples that are sliced, packaged and shipped to local schools, retail markets, restaurants and their distributors. Teti Bakery USA, Inc., is the newly formed U.S.
And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end. Just an hour North of New York City begins a great expanse of farmland that extends hundreds of miles to the Pennsylvania border. Using the IDA and Empire Zone program, $3.3
More than 300 jobs are being created at the 100,000 square-foot facility, where employees will manufacture self-service point of sale terminals for retail and hospitality applications. Pennsylvania has been at the leading edge of a U.S. PA: Ahead of the Curve. The cost per training program has decreased by 84.5 percent overall.
Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. and the largest road project in Pennsylvania’s history.
For a list of Pennsylvania economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Global Access Program (GAP): (newpa.com/gap) Designed to enhance the capability of small to mid-sized Pennsylvania companies to increase export sales. Small Business Administration. .
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