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November 2022

NOTEWORTHY NEWS

18

BCEDC Held its 63rd Annual Event and Reorganization Meeting at the Northampton Valley County Club on September 21st

The event was attended with over 100 people, appetizers, cocktails, and desserts were served allowing the guests to concentrate their time on networking. As one guest stated, “It was a great opportunity to talk with people face to face for a change.” 

BCEDC was thrilled with the generous support of their sponsors this year! There were 16 sponsors. Bob Cormack, Executive Director, said “ I want to thank all our sponsors for supporting the corporation at this year’s annual meeting. Their generosity is a testimony to BCEDC’s success in its mission statement – to create and retain jobs for Bucks County residents.”

NOTEWORTHY NEWS

Efficient Energy Solutions from PECO Can Help Any Business

Every business, small or large, expects an energy bill each month. And with PECO incentives for energy efficiency measures, every business — no matter its size or type — can save energy to make that bill cost less and subsequently have a lower bill.

So whether your business is just beginning to work on basic energy efficiency projects, building on prior progress or seeking maximum efficiency with highly specialized equipment, it’s time to check out incentives and opportunities that can help you save.

THE BOTTOM LINE

Playbook for Manufacturing Competitiveness

Manufacturing in Pennsylvania is vibrant, innovative, and a path to economic success for many across the commonwealth. Today, Pennsylvania boasts over 14,000 manufacturing companies including household names like Hershey and Crayola; mainstays of industry like US Steel and Westinghouse; leaders in life science like Merck and Sanofi Pasteur, and manufacturing startups like Gilson Snow, one of the world’s fastest-growing snow sports companies.

THE BOTTOM LINE

Guardian’s 11th Annual Workplace Benefits Study, 2022, New Era, New Values: Workers seek empathy and flexibility in a post-pandemic world.

The 11th Annual Workplace Benefits Study was fielded in February and March of 2022 and consisted of two online surveys: one among benefits decision-makers (employers) and another among working Americans (employees), allowing us to explore benefits issues from both perspectives.

FINANCIAL TOOLBOX

PIDA Rates for the Final Quarter of 2022

These rates are in effect for loan applications received through December 31, 2022.

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

COMPANIES ON THE MOVE

Sean Durkin of Roddy Inc. Leases 440 Constance Drive, Warminster, PA

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, recently announced that it represented 440 Constance Drive LLC in the leasing of their 8,550 sq. ft. modern one-story building located at 440 Constance Drive, Warminster Industrial Park, Warminster, Bucks County, PA to The Philadelphia Inquirer, LLC.

COMPANIES ON THE MOVE

Bucks County Information on Leases or Renewals for the Last Three Months

Submitted by BCEDC Real Estate Members Colliers International and Roddy, Inc.

BENSALEM
Industrial
Industrial
Grand Total
Sq. Ft.
19,050
25,450
44,500
BRISTOL
Industrial
Grand Total
Sq. Ft.
3,525
3,525

MEMBERS' CORNER

BCEDC Member, Kreischer Miller Says The Process Matters More

Business is competition, and like any form of competition, it’s hard not to look at the scoreboard. However, winning teams don’t simply show up on the field, cobble together a strategy, and win. They spend, days, months, and years working on their craft. They have clearly defined strategies and ensure that they have processes in place to ensure consistent results.

NEW MEMBER

BCEDC’s Newest Member, Meet Mat Zoglio, CEO Zog Inc.

My name is Mat Zoglio, CEO of Zog Inc, and I’ve spent the last 23 + years providing IT support to local businesses. My company, Zog Inc, has been named on the Philadelphia100 list and the INC 5000 list for a 2nd time this year. We’re honored to be named on this year’s Inc. 5000 list, as one of the fastest-growing private companies in the nation. Over the past year Zog has doubled in size.

NEW MEMBERS

Yuriy Guran
Guran Truck Line, Inc.

Erminio Petrecca
ReMax Centre Realtors

Mat Zoglio
Zog, Inc.