SPOTLIGHT ON BUCKS | JILLAMY

Jillamy's Network Expands, HQ will be Expanding in Bucks 

Currently the largest agency within the MODE Transportation Network, Jillamy Inc. started in 2002 as an intermodal marketing company and has quickly grown into a full service 3rd party logistics provider with expertise in International, Intermodal, LTL, Over the Road Truckload, Partials, Expedited and Air Freight. Being a MODE agent allows us to tap into the largest and most efficient network of equipment for any IMC.

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NOTEWORTHY NEWS | PRIVATE COMPANY PULSE SURVEY™

Kreischer Miller Completes Work on Private Company Pulse Survey™

Kreischer Miller recently completed work on its latest Private Company Pulse SurveyTM. We created this survey because we recognize how critical privately-held and family-owned companies are to the economy, job creation, and growth in our region. These companies truly represent the pulse of what is going on in our markets and we hope you enjoy learning what is on the minds of fellow owners and executives.

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THE BOTTOM LINE | WHAT IS A CONTRACT?

What is a Contract: Part 2: Offer, Acceptance, Consideration: What's in it for you?

In the last issue of “Bucks Prospectus” I introduced my series of articles aimed at outlining and clarifying the elements of a contract for business owners and managers.This post continues the series from where we left off, at the preambles or introductory clauses, to the next vital elements, offer, acceptance, and consideration.

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THE BOTTOM LINE | GENERAL LIABILITY

How to Choose the Best General Liability Policy for Your Business

General Liability insurance protects business assets by transferring risk from your organization to an insurance underwriter who will pay for obligations incurred if someone gets hurt on your property, by your product or when anyone employed by your business causes property damage or injury. General Liability insurance also covers legal defense costs and any settlement or award if your business is successfully sued and the claim is valid. 

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BCEDC BUSINESS HAPPENINGS

Victoria Precision, Trevose, Lower Southampton Township, was approved to borrow funds from PIDA. The funds will be used to purchase the multi-tenant building where they have resided since 1989. The building is 18,000 square foot that will accommodate any future expansion. The project will retain 13 jobs. The PIDA loan amount is$372,900 with a total project coast of 970,000. The building is in a Keystone Innovation Zone (KIZ). Victoria Precision is a machine shop in the aerospace, automotive, commercial & medical industries.

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FINANCIAL TOOLBOX | U.S CENSUS BUREAU – DID YOU KNOW?

Business Data for You

The U.S. Census Bureau measures America's people, places and economy. They provide a wealth of statistics that are essential resources to help businesses in your area succeed and grow.


Business Programs

Economic Indicators

Provides monthly and quarterly data that are timely, reliable, and offer comprehensive measures of the U.S. Economy. These statistics cover construction, housing, international trade, retail trade, wholesale trade, services and manufacturing. census.gov/economic-indicators

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FINANCIAL TOOLBOX | PIDA RATES

PIDA Rates Drop for the 2nd Quarter of 2019

Listed below are the updated interest rate options for the PIDA loan program. These rates are in effect for loan applications received through June 30, 2019.

For Real estate loans financing eligible land and building costs, borrowers will have the following interest rate options:

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COMPANIES ON THE MOVE | NAI MERTZ

County Line Commerce Center (CLCC) Announces First Tenant

County Line Commerce Center (CLCC) is excited to announce that they have their first tenant, Procensis. Procensis signed a lease for 3,142 square foot of office space at 101-163 County Line Road, Warminster, PA.

The landlord is CLCC Balacor, LLC. For more information and a virtual before/after tour of the third floor go to, http://clccwarminster.com.

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MEMBERS’ CORNER | ZENA CHAROKOPOS

NAI Mertz’s Zena Charokopos and BCEDC Member Inks Lease for BrightStar Care in Bensalem, Pennsylvania

NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, announced that vice president Zena Charokopos completed a 1,200-square-foot office lease for BrightStar Care at The Constitution Building, a 32,000-square-foot multi-tenant office building located at 1950 Street Road in Bensalem, Pa. Joshua William of Situs Properties, Inc. represented the landlord in this transaction.

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MEMBERS’ CORNER | CARROLL ENGINEERING CORPORATION

Carroll Engineering Corporation's Recent Bridge Work in Bucks County

Bucks County recently re-opened the Walnut Street Bridge – Bridge No. 13 – in Perkasie Borough after over a year of construction. The bridge was taken out of service in October 2017 to initiate the bridge replacement project. Bucks County Bridge No. 13 was previously reconstructed in 1907 (original crossing built in 1867) and was a three-span, concrete arch structure with spans of approximately 65 feet. The bridge carried two lanes of traffic and a sidewalk along the upstream fascia.

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MEMBERS’ CORNER | PPL

PPL Electric Utilities Launches Environmental Scholarship Program

Environmental stewardship is about much more than following established rules and guidelines that protect the air, land and water. It’s about going above and beyond.

PPL Electric Utilities wants to help those young adults in its service area who are looking to go that extra mile and enter a profession with earth-friendly ties. To help make that happen, we recently launched our Future Environmental Leaders Scholarship to help high school seniors pursuing an environmentally related career.

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MEMBER’S CORNER | LEE R. KANDT

Lampire Biological Laboratories promotes tenure team member, Lee R. Kandt

Lampire Biological Laboratories announces the promotion of tenured team member, Lee R. Kandt, to Vice President, Business Development Lampire, an industry-leading biological raw material manufacturer with six facilities located across Pennsylvania, is proud to announce the promotion of veteran team member, Lee R. Kandt, to Vice President, Business Development. In this new role, Mr. Kandt will be focused on the customer experience, sales, marketing and new business development. Mr. Kandt and his team will work closely with clients and prospects to ensure customer satisfaction. His expertise will be used to both retain current and attract new clients while expanding the core markets that Lampire services. His responsibilities will also include strategic planning and analysis to ensure the success of Lampire’s long-term business development plans.

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