PMEDC’s Michelle Bisbing chosen as Developer of the Year
The owners of Mountain View Vineyard Winey, Distillery and Brewery, Linda and Randy Rice, gathered with friends on September 3, 2024 to mark not just 15 years in business for the vineyard, but also 35 years of marriage. “It’s hard to believe how much w …Read More »
Azelis increases efficiencies and delivery solutions for customers and principals with new facility in East Stroudsburg, Pennsylvania
Survey open until April 30, 2024…Provide your input today!
Stroudsburg – On Thursday, April 4, 2024 members of the Pocono community gathered to celebrate the Grand Re-Opening of the M&T Bank branch located at 900 North Ninth Street. “We are so excited to share this exciting time with so many members of the …Read More »
Over the past year, DCED has been working hard on developing a comprehensive, 10-year economic development strategy – the first of its kind in nearly two decades. The goals are clear – to make Pennsylvania a premier state to do business, outcompete oth …Read More »
See links below for registration: January – https://pasbdc.neoserra.com/conferences/31081 February – https://pasbdc.neoserra.com/conferences/31082 March – https://pasbdc.neoserra.com/conferences/31083
Investments will spur business and economic development in 23 counties and support nearly 300 jobs statewide
Returning passenger rail services to Northeastern Pennsylvania has been a priority of Congressman Cartwright since first joining Congress, and on Friday, December 8 he announced that our rail project has qualified for federal funds. This week, U …Read More »
Monroe County approval: • The FABPAC Corporation, through Pocono Mountains Industries, Inc., was approved for a 15-year $554,935 loan at a 4.50-percent reset interest rate to help renovate its newly acquired 288,000-square-foot commercial packing manufacturing facility at 1941 Paradise Trail in Stroud Township. The renovations include new offices, a conference room, a cafeteria, restrooms, entrances, a reception and waiting room, executive suites, a sample room, and locker rooms. The company, also through Pocono Mountains Industries, Inc., was approved for a three-year, $100,000 SBF-Working Capital loan at a 5.00-percent fixed interest rate, which will be used for administrative, payroll and inventory expenses. The total project cost is $1,309,870. Fifty-seven new jobs will be created as a result of the project within the next three years.