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Succession Planning is as Easy as 1, 2, 3……..or is it?
Your father started this machine shop. You remember being allowed to go to work with him sometimes when you were barely tall enough to see what was on the tables. “Don’t touch anything,” he would admonish. And you would keep a distance, all the while itching to get your hands on the tools and machinery.
Later, you would spend time after school, on weekends and in the summer working at your father’s shop. You geared your education toward technical classes so that you could make incremental improvements to your Dad’s legacy. And, when the time came for him to retire, you took over the business and grew it from a small, three or four person shop to managing 30 or more employees at a time. You have seen the shop through good times and bad. Now it is time for you to retire and pass it to the next generation. Maybe.
Jean Madeline Education Center of Cosmetology was awarded a PIDA loan for $199,000 from DCED and a Business Builder Loan for $101,000 from BCEDC. Total project cost of $560,000. The loans will be used to purchase equipment, renovations, and improvements in their new location in Neshaminy Mall. The project will retain nine jobs and create five new ones in Bensalem Township. Jean Madeline Education Center opened its first school in 1987 and has graduated over 5000 students in the Delaware Valley area.
NAI Mertz Inks Over 169,000 SF of Industrial Transactions in Bucks and Montgomery Counties in Pennsylvania
NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, recently announced its Bucks County, PA, brokerage team of Jeff Licht, SIOR, Senior Vice President, and Adam Lashner, SIOR, Vice President, closed over 169,000 square feet of lease and sales transactions in Bucks and Montgomery Counties in Pennsylvania.
“2016 was a very positive year for our firm, and we have continued our high sale and lease volume into the first half of 2017,” stated Licht. “The industrial sector is booming throughout greater Philadelphia and these transactions reflect the interest we are seeing from a myriad of companies that are attracted to this area,” he added.
BCEDC Has a Few Options to Save You Money…
CALL TODAY to learn how to save MONEY! 215.348.9031
Small and Medium-Sized Businesses Can Unlock Big Savings
Small and medium-sized businesses are unlocking big savings through energy efficiency upgrades. New, proven equipment can expand profit margins while offering improvements in customer retention, worker comfort, facility attractiveness and performance.
Across Greater Philadelphia, businesses of all types and sizes are taking advantage of PECO’s energy efficiency solutions. Incentives are available for energy-efficient lighting; heating, ventilation and air conditioning (HVAC) systems; refrigeration and food service equipment; and much more.
Moving with A&A
A&A Machinery is an industrial contractor and service provider located in Morrisville, PA. As a contractor, A&A Machinery Moving performs turn-key machinery moving and rigging projects and provides supporting services such as warehousing and export crating. As an industrial service provider through a sister company, A&A Machinery Sales, Inc., A&A buys and sells used industrial equipment and provides asset recovery services.
A&A Machinery Moving, Inc., founded in 1990, is a family-owned business based in Morrisville, PA. Under the umbrella of A&A Machinery three main pillars of services are provided: machinery moving, heavy rigging and machinery sales.