Pocono Mountains Economic Development News

The Poconos’ growing population, specifically in Monroe County, is spurring equally impressive economic activity. Bookmark this page to keep up with news from our community’s leading businesses, as well as news regarding PMEDC programs and initiatives.

Skyline Heights Opens with Ribbon Cutting

  Filed under: Current Events 

Hamilton Manor, a non-profit corporation, and Monarch Development Group LLC held a Grand Opening Ribbon Cutting ceremony for the Skyline Heights Housing Development Wednesday, June 9th, 2010 on Route 209 in East Stroudsburg, Pennsylvania. Skyline Heights is managed by the Housing Authority of Monroe County.

Skyline Heights is an affordable…

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Gaming Revenues to Fund 11 MCIDA Projects

  Filed under: Current Events 

County receives 50 percent of locally generated revenue

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PMEDC Adds Virtual Property Tours to Website

  Filed under: Current Events 

Corporations, entrepreneurs, and developers researching Pocono-area industrial properties will get a better look at what the region has to offer thanks to an upgrade at PMEDC.com, the Pocono Mountains Economic Development Corporation (PMEDC)‘s Website.

Thanks to a grant from PPL, PMEDC added 360 virtual tours of key properties in Monroe County’s…

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Vigon Makes Inc. 5000 List of Fastest Growing Companies in America, AGAIN!

  Filed under: Current Events 

For the second year in a row, Vigon has been included on the Inc. 5000 Inc. Magazine’s annual ranking of the 5,000 fastest-growing private companies in the country. The Inc. 5000 represents the most comprehensive look at the most important segment of the economy today – America’s entrepreneurs and…

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Price Reduced on Delaware Water Gap Industrial Building

  Filed under: Current Events 

The Hart Corporation, broker of record for the Former Laird Technologies Building in Delaware Water Gap, announced November 19, 2009 that the asking price for the building has been reduced.

The asking price is now $1,250,000 for the 111,740 square foot industrial building strategically located just off Interstate 80 and only…

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State Investments Will Allow East Stroudsburg University to Create, Retain Jobs

  Filed under: Current Events 

Governor Edward G. Rendell said new state investments totaling $4.1 million will help to create and retain 775 jobs as East Stroudsburg University builds a research and technology facility in Monroe County and blighted, vacant properties are redeveloped in Lancaster’s downtown business district.

Together, the projects are worth nearly $20…

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PMEDC Voices Support for NCC Bond Issue

  Filed under: Current Events & Press Releases  

The Pocono Mountains Economic Development Corporation (PMEDC) has joined the growing list of organizations urging voters to approve a $31 million bond issue that will help fund construction of an expanded Monroe Campus of Northampton Community College (NCC) in Tannersville.

“We understand that $31 million is a lot of money, especially…

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100,000 MegaPhase Cables Help the US Army Defeat IED Devices

  Filed under: Current Events 

MegaPhase honored the accomplishments of the United States Army’s PM Counter RCIED Electronic Warfare (“CREW”), and the MegaPhase Team’s contribution to the protection of the Warfighter from the threat of IEDs in Operation Enduring Freedom and Operation Iraqi Freedom on Wednesday, August 19, 2009 at their facility in Stroudsburg.

The critical…

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Key Monroe County Properties Designated as Keystone Opportunity Zones

  Filed under: Current Events 

In a move one commercial realtor called “one of the most powerful things to happen in Monroe County economic development history,” George Cornelius, acting secretary of Pennsylvania’s Department of Community and Economic Development (DCED) announced in late June that approximately 340 acres of industrial property in Monroe County had been…

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Verizon Customers' Support Benefits PSFC

  Filed under: Current Events 

PMEDC put Verizon in touch with Pocono Services for Families and Children to gain grant funds for their litercy program

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Innovation and Entrprenuership Center "Topped Off" at ESU

  Filed under: Current Events 

A “Topping – Off” ceremony for the new Center for Innovation and Entrepreneurship, a development of the ESU Center for Research and Economic Development (CFRED) was held on May 15, 2009. CFRED is constructing the 51,000 square-foot Center as the first phase of the ESU Research and Business park…

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PMEDC & NEPA Partnered to Bring Area Businesses Together with Foreign Trade Advisors

  Filed under: Current Events 

NEPA Alliance in Partnership with the Pocono Mountains Economic Development Corporation hosted One-on-One Meetings for Area Businesses with Pennsylvania’s Authorized Trade Advisors May 15, 2009 at The Chateau Resort and Conference Center.

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Pocono Business Journal and Chuck Leonard of PMEDC Present at May's Business and Books Series

  Filed under: Current Events 

Chuck’s Topic will be “Economic Development trends in Northeast PA” at Borders in Stroudsburg

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Ground Broken on Airport Runway Expansion Project

  Filed under: Current Events 

Project funded by Local Share Account for Monroe County gets underway.

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Local Share Gaming Revenues Fund 14 Local Projects

  Filed under: Press Releases 

Education, health care, infrastructure, and quality of life projects will share more $6 million, the initial allocation from Mt. Airy Casino’s contribution to the Local Share Gaming Fund account.

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New Computer Lab Creates Link between Community and School District

  Filed under: Current Events 

Dozens of children and community residents descended upon the Emerald Lakes Community Center for the opening of a computer lab that gives the private community’s more than 3000 residents access to computers, training, and broadband Internet services.

The computer lab is a pilot project using technology to enhance intergenerational educational…

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Wall Street West Awards $1.6 million for Workforce Development Projects

  Filed under: Current Events 

Initiative highlights 10 new projects, need for improved business continuity education.

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Pocono Breaks Ground on Sewage Project

  Filed under: Current Events 

The Pocono Township Supervisors hosted a Groundbreaking Ceremony on October 29, 2008 for the first phase of the Pocono Township Sewer System.

“The Pocono Township Supervisors are pleased today to begin the first phase of the sewer project. We have been working hard to move this project forward and appreciate…

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Governor Rendell Says Interest Rates on Business Loan Programs Reduced

  Filed under: Current Events 

The Commonwealth has reduced interest rates on three key business loan programs with Industrial Development Authority rates cut to two points below prime. The change will keep Pennsylvania’s business climate competitive.

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Iridium Small Issue Revenue Bond Forwarded to DCED

  Filed under: Current Events 

The Pennsylvania DCED is reviewing an application from Iridium Industries for a $3.1 million small issue industrial revenue bond. Iridium will use the funds to purchase additional equipment for its East Stroudsburg plastics manufacturing facility.

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ESU opens Science and Technology Center, moves forward with Computer Security Center plans

  Filed under: Current Events 

East Stroudsburg University recently opened its new Science and Technology Center and plans to construct a 51,000 square foot Computer Security Center and office building. The two projects position East Stroudsburg University, currently Monroe County’s ninth largest employer, as a major center for innovation, and science and technology in northeastern Pennsylvania.

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Vigon Cuts Ribbon on New DC

  Filed under: Current Events 

Vigon International, Inc. hosted a Ribbon Cutting June 6, 2008 for its state of the art Distribution Center. This new 30,000 square foot facility will utilize state-of-the-art warehouse and logistic management technology including RFID, WMS, and Mobile Computing. The facility will house Vigon’s warehouse, and shipping and receiving operations.

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Commissioners Announce Priority Projects

  Filed under: Press Releases 

The Monroe County Commissioners announced today that Northampton Community College’s Monroe Campus, Pocono Mountains Municipal Airport, the Pocono Township/Brodhead Creek Regional Authority, will be the first applications submitted for Monroe County’s Local Share Account of gaming revenue generated by Mt. Airy Casino Resort.

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Enosis Looks to Facilitate Aggregation of Monroe County's Business/Scholastic Broadband Use

  Filed under: Press Releases 

Enosis is the new brand identity for the PMEDC’s broadband aggregation efforts. The program will assist business owners with aggregating demand to achieve lower costs, while helping school districts realize the benefits of the area’s robust broadband infrastructure.

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Wall Street West Launches Educational Media Series

  Filed under: Press Releases 

Wall Street West today announced the official launch of Wall Street West / Career Gates, a series of dynamic videos aimed at informing the current and future workforce about exciting and unique careers in financial services and other information technology industries in Northeastern Pennsylvania.

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