LNP – Hotel Lancaster gets $6.25M state loan for renovation

Article featured on LancasterOnline. A state agency agreed Tuesday to loan a little over 40 percent of the outlay needed to renovate the Hotel Lancaster. The Commonwealth Financing Authority will provide $6.25 million through the Building Pennsylvania loan program toward the $15 million overhaul of the hotel at the corner of East Chestnut and North Queen streets. [...]

By | November 17th, 2017|Latest-News|

LNP – Buyers complete purchase of Hinkle’s building in Columbia, eyeing doubling restaurant

This article was featured on LancasterOnline. Buying the Hinkle’s building in downtown Columbia and reviving the restaurant inside are a pair of pretty big achievements. But real estate investors Don Murphy and his wife, Becky, aren’t done. They have more in mind for their newly acquired landmark at Third and Locust streets. Following their $770,000 [...]

By | November 15th, 2017|Boroughs Collaborative, Latest-News|

Reading Eagle – UGI breaks ground in Lancaster County

Article featured in the Reading Eagle. Despite the gray sky and muddy grounds, there were plenty of smiles Thursday morning when UGI Utilities Inc. broke ground for its new headquarters in East Cocalico Township, Lancaster County. "This is a visible symbol as our growth as a company," said UGI CEO and President Robert F. Beard [...]

By | November 10th, 2017|Latest-News|

LNP – Small envelope-printing company licks its facility issues with move to Mount Joy

Article featured on LancasterOnline. EDC Finance worked with First National Bank on this project. ~ After figuring out a way to expand his company’s sales, Scott Cagno needed to figure out a way to expand his company’s capabilities. Cagno, owner of National Envelope Imprinting Inc., has found his answer. He’s moving his small business from [...]

By | November 1st, 2017|Latest-News|

LNP – UGI Utilities starts building $35M HQ near Denver, to bring 350 jobs

Article featured on LancasterOnline. UGI Utilities said Wednesday it has started construction of a new $35 million corporate headquarters in East Cocalico Township. The new facility of 93,000 square feet, to replace its Reading facility, will bring 350 jobs to the township when it opens in late 2018. On 32 acres at Route 222 and [...]

By | October 25th, 2017|Latest-News|

LNP – Column: Could Lancaster County support Amazon’s second headquarters?

Column featured on LancasterOnline. Amazon announced in early September its plans to develop a second headquarters, issuing a national request for proposals from cities and regions. This action set off a blizzard of activity in the economic development world, given the high profile of the company, the public nature of its actions and the enormity [...]

By | October 3rd, 2017|Latest-News|

DCED – Deputy Secretary Collins Continues ‘Jobs That Pay’ Tour at Energy Wall

Article Featured on the DCED Website. EDC Finance provided a $400,000 PIDA loan to Energy Wall last year. Lancaster, PA – Today, Department of Community and Economic Development (DCED) Deputy Secretary Sheri Collins continued the ‘Jobs that Pay’ tour at Energy Wall, a manufacturer of advanced high-efficiency energy recovery technology, in Lancaster, highlighting Governor Tom Wolf’s [...]

By | September 28th, 2017|Latest-News|

LNP – Perdue to open $60M soybean-processing plant Monday in Conoy Township

Article featured on LancasterOnline. Seven, sometimes controversial, years in the making, a $60 million soybean-processing plant will open Monday in Conoy Township. Gov. Tom Wolf, state Agriculture Secretary Russell Redding and Perdue Farms chairman Jim Perdue are among those planning to attend the official opening of the facility owned by Perdue AgriBusiness of Salisbury, Maryland. [...]

By | September 25th, 2017|Latest-News|

LNP – Local technology startups share benefits, drawbacks of launching new ventures in Lancaster

Article featured on LancasterOnline. VIZpin designs and makes software and devices that turn smartphones into door and garage keys. VIZpin, which previously operated as ECKey, is moving this week from Manheim Township to a new headquarters at 355 E. Liberty St. The company, which has been around Lancaster since 2012, has attracted some significant backers, including [...]

By | September 19th, 2017|Latest-News, Rise of the Rest| – It’s ‘kind of a mystery’ how Rise of the Rest landed on Central Pa.

Article featured as part of Grow PA on Next month, eight startup companies from the Central Pennsylvania area will compete for a chance at $100,000 as part of the Rise of the Rest tour. AOL founder Steve Case started Rise of the Rest in an effort to find startups outside of traditional enclaves like New York City and Silicon [...]

By | September 19th, 2017|Latest-News, Rise of the Rest|