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APRIL 2022

SPOTLIGHT ON BUCKS BUSINESS

Lenox Taps Creative Juices of Sommelier Savant for Production of High-End Wine Glasses

Lenox, the Bristol supplier of tableware, has partnered with a renown sommelier to produce a line of stemware. The initiative unites the esteemed brand with Victoria James, who, at one time was the youngest wine steward in the U.S. at age 21.

She is now partner and Director of Beverage for the COTE restaurant chain, a multi-star honoree of France’s esteemed Michelin Guides.

SAVE THE DATE!

BCEDC Annual Meeting

The Bucks County Economic Development Corporation's 63rd Annual Meeting will take place on September 21, 2022 at the Northampton Valley Country Club, 10 Harmony Drive, Richboro, PA 18954.

Visit our Annual Event page for more details and registration information which will be coming soon.

Sponsorship opportunities are now available.

NOTEWORTHY NEWS

BCEDC Executive Director Scores at the Kilt Contest Held in Downtown Perkasie

The Upper Bucks Chamber of Commerce & Perkasie Towne Improvement Association held its First Annual Celtic Festival in Downtown Perkasie on March 19th from 11am- 4pm. The Celtic Fest featured Irish music and dancing, vendors, a kilt contest, kids crafts, and much more.

NOTEWORTHY NEWS

Results from Kreischer Miller's Recent Private Company Pulse Survey

Kreischer Miller recently completed work on its latest Private Company Pulse Survey.TM 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.

FINANCIAL TOOLBOX

PIDA Interest Rates - 2022 Second Quarter

Below are the updated 2022 second quarter interest rate options for qualifying PIDA loan applications. These rates are in effect for loan applications received through June 30, 2022.

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

THE BOTTOM LINE

Recruiting vs Retention: Today's Challenges

Finding enough skilled workers has been the cry for help for most manufacturing businesses whether large or small. Beginning with the Industrial Revolution, a trained, capable worker had been a treasured but elusive commodity for every business. With the invention of the personal computer and micro-chip driven software, finding technologically capable workers added a whole new layer of difficulty to the skilled worker pursuit.

BOTTOM LINE

Meet one of BCEDC’s Small Business Resources

No Cost Services for Small Businesses & Entrepreneurs

Temple University's Small Business Development Center (TU SBDC), hosted by Temple's Fox School of Business, has been serving small businesses owners since 1983. Our highly trained and experienced staff provide start-up and small businesses with professional knowledge and actionable strategies. We're well-versed in working with business owners of diverse backgrounds and experience levels.

COMPANIES ON THE MOVE

Roddy Inc. Brokers the Investment Sale of a 139,000 SF Bucks County Distribution Facility for $21.8M

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, announced that it brokered the investment sale of the AutoParts Warehouse Distribution Center – a one-story mostly air-conditioned building of ±139,000 square feet situated on 10 acres – to NBPIII 1050 Wheeler LLC for $21,800,000 on behalf of Paris Real Estate LP.

COMPANIES ON THE MOVE

Bucks County information on leases for the last 3 months submitted by the following BCEDC Real Estate Members, Colliers International & Roddy, Inc.

BRISTOL
Industrial
Grand Total
Sq. Ft.
21,600
21,600
MORRISVILLE
Industrial
Grand Total
Sq. Ft.
135,000
135,000

MEMBERS' CORNER

PECO Supports Small Businesses So They Can Support Communities

How Energy Savings Can Help You Reinvest in Your Small Business

Small businesses power our communities. They create job opportunities for local residents, strengthen the local economy, and drive positive changes in neighborhoods across the Philadelphia region. PECO is committed to helping small business owners save energy and money by improving the energy efficiency of their facilities, so they can continue to empower residents and propel neighborhoods forward.

NEW MEMBER PROFILE

Marketing Management Solutions LLC

Marketing MS was founded over ten years ago to help local and national companies without analytic teams identify and implement effective marketing strategies that leverage the data clues that competitors, customers and prospects leave behind.

Marketing MS is owned and run by Jill Kahlenberg and John Rolleri – both residents in Bucks County for over two decades. They have created a team that consists of marketers with decades of experience across dozens of industries.

NEW MEMBER

TC Cuthbertson
Event Rooster

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