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    Indiana County Revolving Loan Fund To Help New Business

    1/19/2017
    At yesterday’s meeting of the Indiana County Commissioners, Angela Campisano, Economic Development Specialist with the Indiana County Office of Planning & Development presented the following resolution:  “The Office of Planning & Development recommends to the Board of Commissioners a request for a $250,000 term loan from the Indiana County Revolving Loan Fund (RLF) to Robert Gordon Industries LTD d/b/a Gordon Sinclair and Affiliate (Gordon Sinclair).  Gordon Sinclair was formed in 1989 and is a promotional products supplier of custom decorated bags, drinkware, gifts and other assorted products which it decorates in its factory with the logos and advertising messages of its customers.  The Company will be located at 771 Indian Springs Road (previously occupied by Swanson Industries).  The loan proceeds will be used to partially fund machinery and equipment.  The interest rate will be fixed at 2.85% for a term of 120 months.  The RLF funds shall be leveraged by funds from CNB Bank, the Pennsylvania Industrial Development Authority Equipment and owner contribution.  The borrower will create fifty full-time jobs as a result of this project over the next three years.” 

    The resolution passed unamiously with Commissioner Chairman Mike Baker making comment accordingly:  “I want to thank the Indiana County Office of Planning & Development and its Executive Director Byron G. Stauffer, Jr. for their leadership and hard work in bringing Gordon-Sinclair to Indiana County.  There were a number of other locations within Pennsylvania, as well as in New York and Florida that were under consideration”, Baker said.  “It was a concerted effort on the part of many people and organizations to put this plan together.  We’re very pleased to welcome the company here and we acknowledge and recognize the efforts of everyone involved in making that happen.”

    “Gordon Sinclair started its search for a new plant location,” said Robert Gluck, founder and CEO, “with several states on our list.  Without any reservation, I can say that Indiana County worked harder than anyone else to help us find a building, to connect us to numerous State of PA contacts for financing and incentives, for equipment financing through the County and even to help us find a local bank to work with.  Angela Campisano and Byron G. Stauffer, Jr. from the Indiana County Office of Planning & Development along with their partners Tom Seasoltz and Paul Cooney from ABCD Corporation have been our guiding lights throughout this process and we couldn’t be more thrilled to be expanding our operations to Indiana County.”

    Representative Dave Reed (R-62nd Legislative District) said:  “I applaud our state and county officials who see the tremendous opportunity to attract Gordon Sinclair’s expansion here to Pennsylvania and more specifically Indiana County.  The 50+ jobs that will be injected into our labor force is fantastic and I am fully confident that all of our partners in the Indiana County Center for Economic Operations, will work together in not only helping grow Gordon Sinclair, but to attract other business opportunities to our region.”

    Senator Don White (R-41st Senatorial District) commented, “This is positive economic news for Indiana County that is long overdue.  Gordon Sinclair’s decision to invest in Pennsylvania instead of another state is most welcome and further demonstrates that Indiana County’s labor force, quality of life and infrastructure are some of the best in the nation.  I hope this is the first of many good economic news stories for our community in 2017 and beyond.”

    Kevin D. Lazor, Administrator at Pennsylvania CareerLink®/Indiana County began immediately to work with Gordon Sinclair to provide workforce candidates to fill the positions anticipated. “The PA CareerLink®/Indiana County Management & Staff are pleased to be part of the team serving Gordon Sinclair. We are excited about the opportunities having them expand in Indiana County will bring.  We also look forward to working with their Human Resource staff to fill their needed positons and help them in their transition into our county. We wish them much success in their transition and future business endeavors.” said Lazor.

    The Indiana County Revolving Loan Fund (RLF) provides existing businesses as well as start-ups with funding for real estate (land and buildings), machinery and equipment and working capital, and other eligible costs.  When alternative sources of financing seem inadequate to help a business expand or grow, the Indiana County RLF Program is a low-interest option.  Indiana County administers the Revolving Loan Fund (RLF) to fill potential funding gaps.  One objective of the RLF financing is to advance projects that will create or retain jobs. These jobs should directly result from receiving the loan, and business owners and entrepreneurs will be asked to create and retain jobs within Indiana County. The level of jobs will be based on the level of funding received.  The process requires that a business submit much of the same information they would normally provide to a bank when applying for financing.  The business can start this process by contacting Angela Campisano to discuss a project. Angela can be reached via telephone at (724) 465-3870, extension 3873, or through email at acampi@ceo.co.indiana.pa.us. If it is determined that a project meets the objectives of the program, the business will move on to the next step and be asked to submit the application and supporting documentation. 

    Established in 1994, the Indiana County Center for Economic Operations (CEO) is a countywide public-private partnership serving Indiana County, and is dedicated to the overall growth and prosperity of the county’s business community.  The affiliate members of the CEO are the Indiana County Board of Commissioners, the Indiana County Chamber of Commerce, the Indiana County Development Corporation (ICDC), the Indiana County Tourist Bureau and Indiana University of Pennsylvania (IUP).

  • Fri, 12 Jan 2018 00:54:27 +0000

    Appalachian Gas Takes On the World

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    The prolific Marcellus and its deeper sister-shale, the Utica, are collectively called ‘The Beast in the East’ because they’re loaded with natural gas. This remarkable bounty is driving a renaissance in manufacturing throughout the Northeast, ushering a new era of cleaner power generation – and opening doors for U.S. gas traders around the world.

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  • Fri, 12 Jan 2018 00:54:28 +0000

    The Original Supplier, Plus Affordable Compliance

    BY R. BROCK PRONKO
    Regional Business Analyst

    In 1959, more than 40 years before Range Resources kicked off the shale gas boom by successfully drilling the first horizontal well in the Marcellus in Washington County, Pa., Ken Miller Supply in Wooster, Ohio, was the original oil and gas well casing supply company in the Appalachian Basin, providing oil and gas operators with steel pipe casings for drilling vertical wells.

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  • Fri, 12 Jan 2018 00:54:28 +0000

    2018 Pipeline Update

    BY CHRIS MORELLI
    Correspondent

    Since the calendar has flipped to 2018, it’s probably a good time to take a look around at the pipeline situation along the East Coast.

    There are several key pipeline battles involving landowners, environmentalists, states and the federal government.

    With that in mind, here’s a breakdown of East Coast pipelines, their status and what lies ahead:

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  • Fri, 12 Jan 2018 00:54:29 +0000

    Pennsylvania shuts down construction on Sunoco gas pipeline

    By MICHAEL RUBINKAM
    Associated Press

    Pennsylvania environmental officials ordered Sunoco on Wednesday to halt construction of a natural gas pipeline across the southern part of the state, citing a series of spills and leaks of drilling fluid and other “egregious and willful violations” of state law that have plagued the $2.5 billion project.

    read more

  • Fri, 12 Jan 2018 00:54:30 +0000

    Work continues on Back Mountain pipeline project, despite pending lawsuit

    By BILL WELLOCK
    Associated Press

    DALLAS TWP.- Dale Wilkie is angry.

    He is part of a lawsuit in federal court disputing The Williams Companies’ creation of a permanent easement on part of his property to build a pipeline for its Atlantic Sunrise project.

    That suit is ongoing, even as work continues not far from his house in Dallas Twp.

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  • Fri, 12 Jan 2018 00:54:41 +0000

    A Q&A with Jack Manning, Executive Director and President of Beaver County Chamber of Commerce

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    BY R. BROCK PRONKO
    Regional Business Analyst

    On the snow-covered, 350-acre site of the future Shell Chemicals Appalachia ethane cracker plant, more than 1,000 construction workers and technicians are now working on the main phase of the construction project, which will consist of 200 major components and 95 miles of pipeline.

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  • Fri, 12 Jan 2018 00:54:41 +0000

    PA DEP will implement a new strategy to reduce methane emissions from natural gas operations

    BY R. BROCK PRONKO
    Regional Business Analyst

    This year, Pennsylvania will become the second shale gas-producing state in the U.S. to adopt rules to control natural gas industry-related methane emissions.

    During the second quarter of 2018, the

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  • Fri, 12 Jan 2018 00:54:45 +0000

    January DEP Well Permits Report

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    There were a total of 445 drilling permits issued by the Pennsylvania Department of Environmental Protection in the Marcellus Business Central coverage area in November and December. Unless otherwise stated, all permits issued are for new, unconventional, horizontally-drilled natural gas wells.

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  • Fri, 12 Jan 2018 00:54:45 +0000

    Companies bring new ideas to the industry, win big in Shale Gas Innovation Contest

    BY CHRIS MORELLI

    The Shale Gas Innovation and Commercialization Center at Penn State held its 6th annual Shale Gas Innovation Contest. Three companies each walked away with a check for $20,000.

    Those companies were:

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  • Fri, 12 Jan 2018 00:54:46 +0000

    Eclipse Resources Corporation announces the closing of its previously announced Utica Shale drilling joint venture

    STATE COLLEGE, PA.

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  • Mon, 22 Jan 2018 22:02:50 +0000

    $2.5B equity investment won't change FirstEnergy's plans on power plants

    FirstEnergy Corp.'s announcement that it will receive a $2.5 billion equity investment won't mean a reprieve from the company's decision to divest itself of its nuclear and coal-fired power plants, including the Beaver Valley Nuclear Operating Station and the Bruce Mansfield Coal Plant. In fact, it could accelerate those plans. FirstEnergy announced that a restructuring working group was being devoted, in part, to "minimizing the timing to exit competitive generation." FirstEnergy previously announced…
  • Mon, 22 Jan 2018 20:32:55 +0000

    State Supreme Court throws out Congressional district map

    The state Supreme Court in a 4-3 vote ruled the current Congressional maps are unconstitutional and need to be submitted to the governor by Feb. 9. “First, the Court finds as a matter of law that the Congressional Redistricting Act of 2011 clearly, plainly and palpably violates the Constitution of the Commonwealth of Pennsylvania, and, on that sole basis, we hereby strike it as unconstitutional,” the per curiam order reads.  The court ruled that the legislature must submit the plan to the…
  • Mon, 22 Jan 2018 19:45:06 +0000

    Airport authority chooses firm for $1.1B terminal project

    Allegheny County Airport Authority chose an Orlando, Fla.-based firm to work on its five-year terminal modernization project. R.W. Block Consulting was approved for a contract in place through July 2023 for the $1.1 billion project, according to Trib Total Media. In September, the authority unveiled its plan to update the 25-year-old airport that includes 51 gates, a new international arrives process, technology and baggage delivery updates and more. Construction is planned to start in 2019. The…
  • Mon, 22 Jan 2018 19:29:14 +0000

    For Pittsburgh, business as usual as federal government works to end shutdown

    Pittsburgh Mayor Bill Peduto referenced the government shutdown of 2013 and said it's not the immediate effects that are the greatest concern.
  • Mon, 22 Jan 2018 19:17:57 +0000

    Pitt faculty hold rally to sign union authorization cards

    About 65 University of Pittsburgh faculty signed union authorization cards at a rally Monday in a step toward a faculty union. The faculty organizing committee will gather the cards to reach a majority and file for a union election, according to a news release from the Academic Workers Association of the United Steelworkers. Pitt faculty, which number about 4,000 part- and full-time employees, began exploring unionization two years ago, according to the release. Graduate students at the university…
  • Mon, 22 Jan 2018 19:10:17 +0000

    Peduto issues executive order to restructure PWSA

    Pittsburgh Mayor Bill Peduto issued an executive order adopting recommendations of a panel to restructure Pittsburgh Water and Sewer Authority governance. After a year of studying the authority, a Blue Ribbon Panel recommended changes in governance, operations, infrastructure, research and regionalization, according to the report. The mayor's executive order adopts a recommendation to create an independent board of nominators to appoint PWSA members, according to a news release. It also directs…
  • Mon, 22 Jan 2018 19:06:21 +0000

    JHF's grants to unlock what's working, what's not in health care

    The program expands on previous demonstration projects funded by the Pittsburgh Regional Health Initiative that have saved money by preventing preventable readmissions.
  • Mon, 22 Jan 2018 18:38:05 +0000

    Mayor Peduto on Pittsburgh's biggest competitors for Amazon’s HQ2

    Plus, which cities he was surprised didn't make the cut.
  • Mon, 22 Jan 2018 17:27:39 +0000

    Attorney General: Funeral home director charged with stealing from 51 clients

    A Uniontown undertaker was charged with stealing $284,000 from clients who pre-paid for funerals for more than six years. Pennsylvania Attorney General Josh Shapiro announced the charges on Monday at the Fayette County Courthouse with District Attorney Rich Bower. Their offices investigated the case. Stephen Kezmarsky III collected advance payments from 51 clients between October 2010 and March 2017 to cover their eventual funeral expenses at the Kezmarsky Funeral Home, according to a release issued…
  • Mon, 22 Jan 2018 17:24:28 +0000

    When it comes to quality of life, Pittsburgh ties for No. 1 among HQ2 cities

    Pittsburgh may have the best quality of life alongside one other city of the 20 chosen on Amazon's shortlist for a location to build its second headquarters. MagnifyMoney, a subsidiary of Lending Tree, rated the finalists announced Thursday on a scale of 100 based on seven factors, with Pittsburgh and Raleigh, N.C., topping the list, according to the website. RELATED: In the HQ2 race, cost of living benefits Pittsburgh Average commute time in minutes, median monthly housing costs, cost of living…
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