SPOTLIGHT ON BUCKS

Griff Paper and Film has Expanded its Contract Converting Operation

Griff Paper and Film (GPF) offers custom coating, laminating, converting, metallizing, extruding and more, with papers, films and other substrates as the core base. Popular with such industries as graphics, medical, tape, label, industrial manufacturing and composites, GPF manufactures everything from release papers to decorative films. ISO 9001 Certified, our company’s goal is to assist customers in improving profitability.

Read more ...

NOTEWORTHY NEWS

Kreischer Miller Survey Finds Greater Philadelphia Manufacturers’ Profitability Being Driven by Strengthening Economy, R&D Investment

Good News Tempered by Potential Cybersecurity Risks

Kreischer Miller, a leading independent accounting, tax, and business advisory firm serving the Greater Philadelphia area since 1975, Manufacturing Industry Group has released the results from its third annual Greater Philadelphia Manufacturing Survey. Key areas of the survey included 2015 expectations for the economy, revenue growth, capital investments, and hiring. It also examined trends in research and development, exporting, workforce compensation and training, business improvement initiatives, key operational and production measures, and information security.

Read more ...

THE BOTTOM LINE

Growing Your International Business While Managing Global Risk

It’s been quoted numerous times, that 95 percent of the world’s consumers live outside of the United States. So, common sense would dictate that if U.S companies are selling domestically, these companies are limiting their sales potential. The good news is, according to the chart on the right (Published on Economics and Statistics Administration (www.esa.doc.gov) that exporters are getting the message.

Although these statistics are an encouraging sign, I’m often asked by aspiring exporters a seemingly easy question such as, “How do I get started?” I referred to that question as easy, but the fact is that this is a critical juncture for the new –to- trade person or company.

Read more ...

THE BOTTOM LINE

5 Steps to Dealing with Negative Reviews

Managing your company’s online reputation in the Information Age has become a process that is as delicate as it is complex. A positive review is a single brick in the continuous process of building your business, but a negative review can raze your hard work to the ground in a single blow.

The modern marketplace is filled with fickle customers presented with an abundance of competing options. Even when you can be sure the negative experience of an unhappy customer was an isolated incident, potential customers with a limited perspective will only see that review as emblematic of a typical experience with your company.

Read more ...

FINANCIAL TOOLBOX

New Rates for State Loan Programs just announced

The rates will be in effect for loan applications received through June 30, 2015.

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-yr. period). This option is calculated using the 10-year treasury yield +100 basis points.  Based on the current 10-year treasury yield, the fixed rate option is 3.00% for the life of the loan.

Read more ...

STRATEGIC EARLY WARNING SYSTEM

In Order to Compete

A recent survey of businesses making changes in their supply chain revealed that “staying competitive” was the major driving force for the move. Unfortunately, this call to action is usually precipitated by a customer advising you that your pricing is too high compared to other quoted responses. While quality and performance are significant factors, allowing a competitor to gain a strategic advantage through different sourcing options is deemed unacceptable. Once this communication has been received, the implied segment of your response will be your decision to make the supplier change to the lower-cost provider and offer a significant portion of the savings as a pass-through to your customers.

Read more ...

COMPANIES ON THE MOVE

Sean Durkin of Roddy Inc. Leases 12,575 Square Feet at Keystone Business Center II, 2500 Pearl Buck Road, Bristol, Bucks County, PA

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm represented Fotiou Frames South Corporation in the leasing of 12,575 square feet within the 53,128 square foot modern one story building located at 2500 Pearl Buck Road, Bristol, PA.

Read more ...

THE LOCAL CHAMBERS’ EXCHANGE

Change is Coming to Upper Bucks

“I believe for too long, residents felt there would never be change here,” said Tara King, Executive Director of the Upper Bucks Chamber of Commerce, located in Quakertown Borough. That perception of stasis is turning around. The polestar of Upper Bucks County, Quakertown is geographically situated as a central cog surrounded by several radiating spokes to larger business and commerce markets.

Read more ...

THE LOCAL CHAMBERS’ EXCHANGE

Lower Bucks County Chamber of Commerce

LBCCC’s Bucks County Ball was named WINNER of the Best Business or Chamber Event in Bucks Happening’s Best Of Contest!

and...

Read more ...

BCEDC BUSINESS HAPPENINGS

HADCO Metal Trading Co., LLC

HADCO Metal Trading Co., LLC has been approved to borrow $2,250,000 from PIDA to purchase a building in Bensalem Township. The company will consolidate two other locations into the 378,000 square foot building located at 555 State Road, Bensalem.

Read more ...

MEMBERS’ CORNER

St. Mary Medical Center and Nazareth Hospital are Partnering to Expand the Scope of Regional Heart Care

St. Mary Medical Center in Langhorne, Pa. and Nazareth Hospital in Northeast Philadelphia, both part of Trinity Health, announce a new partnership to strengthen regional excellence in cardiovascular care. Now St. Mary interventional cardiologists will be available onsite at Nazareth Hospital to perform emergency cardiac catheterizations as well as scheduled catheterization procedures. Dr. Mrugesh Patel, PhD, will serve as Medical Director of Nazareth’s Heart and Vascular Lab.

Read more ...

MEMBERS’ CORNER

Blue Flame Gas Service: A family business offering premier customer service

In 1964, Eugene “Chuck” Charlton worked as a truck driver delivering coal. He worked his way up and throughout the years bought several area fuel com-panies specializing in home heating oil delivery and service, as well as diesel and gasoline delivery. Ultimately he added propane to his list of specialty services when purchasing Blue Flame Gas Service in 1988.

Today, he owns and operates this business with his sons, Chuck Jr. and Mike.

Read more ...

MEMBERS’ CORNER

JKS Financial Consultants, Inc. Continues to Go National

We are currently able to place SBA loans nationwide through our close relationships with our lender groups.

Program Highlights:

  • Ability to go up to 100% financing
  • Option to fix interest rates
  • Construction and renovation loans
  • Property acquisition and refinancing options
Read more ...