« back to PMEDC articles listing

Archive for 2008

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.

Read more...

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…

Read more...

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.

Read more...

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.

Read more...

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.

Read more...

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.

Read more...

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.

Read more...

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.

Read more...

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.

Read more...

NEDA Recognizes Economic Development Professionals Leonard and Bisbing

  Filed under: Current Events 

The Northeastern Economic Developers Association (NEDA) has awarded the “Economic Development Professional” (EDP) to Chuck Leonard and Michelle Bisbing of the Pocono Mountains Economic Development Corporation.

The EDP designation is awarded to professionals working in economic development only after careful review confirms that a candidate has met the requirements…

Read more...

ESU: Educational Asset for Pennsylvania and Economic Engine for Monroe County

  Filed under: Press Releases 

CFRED, in cooperation with PMEDC, is focusing on attracting companies and educational opportunities in the areas of homeland security, financial services, biotechnology/life sciences, information technology, healthcare, and advanced manufacturing. Economic impact projections of Phase 1 of the project include the construction of a 51,000 sq. ft., $11million dollar Computer Security Research Center/Class A Office building; over 254 new jobs, average wages of $47,857 and $42.3 million into the Monroe County economy.

Read more...

PEDA Release Report on Success of Public/Private Partnerships' Economic Development Impact

  Filed under: Press Releases 

A new report shows that Pennsylvania Economic Development Association partnerships have leveraged $4.8 billion investment into the state’s economy and created 186,000 jobs, including some here in Monroe County.

Read more...

Key Monroe County Data Now Available for Quick Printing!

  Filed under: Press Releases 

PMEDC’s marketing one-sheets are an easy way to get printable snapshot data on Monroe County. They are currently available for download at our Resource Page.

Just scroll down and you’ll find them in the publications section.

Read more...

Higgins Purchases Property at Arcadia North

  Filed under: Press Releases 

Higgins Development Partners purchased 85.54 acres at Arcadia North Business Park. Their plans are to offer a 1.0 million+ square foot build-to-suit warehouse/distribution center.

Read more...