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MEMBERS’ CORNER

  • Sattler Named Executive Vice President & Chief Financial Officer of Covenant Bank
  • Berkshire Hills Bank to Acquire 44 Business Capital, LLC
  • St. Mary Earns ‘Top Performer on Key Quality Measures’ from Joint Commission
  • Do You Know About The Yellow Dot Program?

BCEDC WELCOMES NEW MEMBERS

  • CLEAR Employer Services: Your Virtual HR Department
  • Hanover Engineering Associates

THE LOCAL CHAMBERS' EXCHANGE

UBCC Welcomes 2016 Board of Directors & Officers

The Upper Bucks Chamber of Commerce is pleased to announce its Officers and Board of Directors for 2016.

The 2016 Officers are: President, Tom Klee, QNB; 1st Vice President, Jason Wehrung, Wehrung’s Lumber & Home Center; 2nd Vice President, Patrice Bulter, Chick-fil-A; Treasurer, Randy Rush, Dunlap & Associates and Immediate Past President, Tom Merrick, Tom’s Help Desk.

COMPANIES ON THE MOVE

  • PPC Lubricants Leases Space
  • SigmaPharm Laboratories Purchases Facility for R&D and Manufacturing Business

PIDA Interest Rates

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

  1. Fixed interest rate for the full term of the loan (up to a 15-year period). This option is calculated using the ten-year treasury yield +150 basis points. Based on the current ten-year treasury yield, the fixed rate option is 3.50% for the life of the loan.

FINANCIAL TOOLBOX

MidAtlantic Trade Adjustment Assistance Center

Trade Adjustment Assistance Overview

MidAtlantic businesses struggling to compete with imported products and services have a resource at their fingertips that can help them regain their competitive advantage:  the MidAtlantic Trade Adjustment Assistance Center (MATAAC) in Blue Bell, Pennsylvania funds assistance for import-impacted companies in the states of Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia and the District of Columbia through its grant from the U.S. Department of Commerce. MATAAC’s goal is to help you increase sales and profitability.

FROM THE DESK OF THE BCITC

BCITC News

The Bucks County International Trade Council (BCITC) and the BCEDC held a joint networking social event on November 19th at the Blackhorse Tavern in Newtown, PA. The well-attended event allowed local manufacturers meet with members of the BCITC Advisory Team to learn more about the various international business services and programs offered through the Trade Council.   

THE BOTTOM LINE

7 Revealing Questions to Ask Any VoIP Salesperson to Cut Through  the Hype, Half-Truths and “Little” White Lies

1. Do I have to change the configuration of my firewall or do I have to replace it?

If your hosted VoIP provider is suggesting that you replace your firewall or router, they are trying to get around the limitations of their system. VoIP phone lines were never designed to go “inside” your network, where it has to go through your firewall and compete with your PCs, laptops and other devices for bandwidth; when it does, you WILL have problems with sound quality.

NOTEWORTHY NEWS

Training and Retraining Workforce at Heart of Bucks Tech School $23 Million Renovation

With its two-year, $23 million renovation and expansion project nearly complete, the Upper Bucks County Technical School is poised to assume a more prominent role in training and retraining workers for 21st-century jobs in the region.

By joining forces with Bucks County Community College and the Bucks County Workforce Development Board, the school hopes to narrow what some employers say is a growing gap between their needs and the skill sets of available workers.

NOTEWORTHY NEWS

Hints of the Future

The Wall Street Journal published on November 23, 2015 has two fascinating articles that might be hints of the future.

The first uses Levi Strauss to show how the rising compensation in China and technology are reducing the viability of “chasing the needle” to ever-cheaper wage overseas locations.

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