The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP-NEP) Board of Directors has approved the investment of $220,000 in support of regional economic development.
BFTP-NEP announces the following early-stage company investment that are provided in the form of loans with warrants.Those in the Lehigh Valley Press circulaton area include:
Skillion, LLC, Ben Franklin TechVentures, Bethlehem. Ben Franklin Investment: $40,000. Complete development of Skillion’s...
The Lehigh Valley Health Network (LVHN) released its annual report at its 2018 Community Annual Meeting Dec. 5 at Lehigh Valley Hospital - Cedar Crest.
Operating income, or the amount reinvested into facilities and services in fiscal year 2018, was $35.1 million, or a margin of 1.3 percent.
Acute admissions, emergency visits, ExpressCARE visits, and doctor visits increased compared to fiscal year 2017, with ExpressCARE visits up 35 percent and doctor visits increasing 17...
The building housing the Technology Center on the Lehigh Carbon Community College Schnecksville campus, which has been owned by LCCC ILP, an Allentown-based limited partnership, since it was constructed 15 years ago, was donated to the LCCC Foundation at a Dec. 14 ceremony.
The estimated value of the building is $10.7 million.
In December 2003, LCCC ILP entered into a ground lease with the college and agreed to construct a 47,560-square-foot building to house the technology...
Lehigh Valley Health Network (LVHN) received one of the largest gifts in its history from Lehigh Valley philanthropists and business owners J.B. and Kathleen Reilly.
The sizable gift, the amount of which has been kept private per the family’s wishes, is dedicated to supporting enhancements to programs, services and facilities of the Children’s Hospital, now named Lehigh Valley Reilly Children’s Hospital, located at Lehigh Valley Hospital - Cedar Crest, Salisbury Township.
Closed sales for houses in the Lehigh Valley increased slightly in October.
Closed sales increased 0.4 percent to 718 houses sold, up from 715 houses sold in October 2017, according to the Greater Lehigh Valley Realtors (GLVR) October report, released Nov. 14.
For the year-to-date, the percentage of closed sales for 2018 is up slightly, by 0.1 percent, with 7,081 houses sold, compared to 7,077 houses sold year-to-date in 2017.
Pending sales were also up in October, by 7....
Phoebe Ministries finalized the purchase Nov. 1 and 2 of the former Rodale property, 10th and Arch streets, Emmaus.
Since spring 2018, Phoebe has been in the due diligence phase of the commercial-property project, working with the Rodale family and Emmaus borough officials.
Phoebe Ministries plans to transform the Rodale corporate campus into a new wellness-focused residential community for those 62 and older.
Scott Stevenson, President and CEO of Phoebe, said, “We...
ESSA Bank has named James P. Ferry, Vice President, Retail Sales Manager.
Ferry will oversee retail branch sales and service throughout ESSA’s branch network.
Most recently, Ferry was a Retail and Small Business Sales and Service Leader at BB&T where he was responsible for a 22-branch network in Lehigh and Berks counties.
Ferry will be located in ESSA Bank’s new business center in the Tower Six building, Allentown, and report to Pete Gray, Chief Banking Officer....
Those interested in the Pre-Apprenticeship Manufacturing Program may enroll in an additional class, Nov. 8 - Feb. 28, 2019, Lehigh Carbon Community College.
Students who qualify may enroll at no charge, through a grant funding the program in partnership with Workforce Board Lehigh Valley and Pennsylvania Department of Labor and Industry.
Information and to register: Susan Lushinsky, firstname.lastname@example.org; 610-799-1935
After a one-month uptick in closed sales for Lehigh Valley houses following six months of declines, sales of houses in the Valley decreased by nearly double digits in September.
Closed sales dropped 9.7 percent in September to 651 houses sold, down from 721 houses sold in September 2017, according to the Greater Lehigh Valley Realtors (GLVR) September report, released Oct. 15.
For the year-to-date, the percentage of closed sales for 2018 is down slightly, by 1.5 percent, with 6...
ESSA Bank & Trust has announced the appointment of William L. Vitalos, Senior Vice President, Director of Consumer Lending, in the bank’s Consumer Lending and Retail Branch Administration teams.
He will oversee the consumer and residential mortgage lending operations at ESSA, along with product development, pricing, and vendor management. He will work at the bank’s corporate headquarters in Stroudsburg and report to Chuck Hangen, Chief Operating Officer.
Vitalos joins ESSA...