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LVEDC Thanks 2016 Investors for a Record-Breaking Year

By Colin McEvoy on January 17, 2017

The Lehigh Valley Economic Development Corporation (LVEDC) would like to thank its investors for making 2016 a record-breaking year in terms of private investment.

LVEDC received $505,592 in private sector investment and sponsorship last year, making 2016 the single largest private investment year in the organization’s 22-year history.

“Without the investment of the private sector, we could never have the success we’ve experienced in economic growth in recent years,” said LVEDC President and CEO Don Cunningham.

“It is imperative that we remain competitive in marketing, recruitment, and strategic initiatives to support business growth and job expansion,” Cunningham said. “We compete every day with markets much larger than our own to tell the story of the Lehigh Valley. Investment makes that possible.”

LVEDC Private Sector Investment Since 2006

That figure does not include contributions from both county governments. Lehigh County continued its annual investment of $80,000 in support of LVEDC’s mission in 2016, and Northampton County continued its investment of $75,000.

“We want to acknowledge our large private investors for improving our efforts to market the region and helping to generate economic activity,” said Michael Keller, LVEDC Director of Marketing. “We are fortunate to have so many companies in the Lehigh Valley that understand the important of investing in economic growth.”

The LVEDC investor list is shared with all development prospects and new companies entering the market. In addition, this year, LVEDC is sharing its list with the Lehigh Valley public.

The leading 2016 investors, more than three dozen companies, will be featured in a series of digital billboards along Route 22 during the first quarter of 2017.

An example of one of the digital billboards that will appear along Route 22, thanking LVEDC's top investors of 2016.

An example of one of the digital billboards that will appear along Route 22, thanking LVEDC’s top investors of 2016.

One of the billboards will be located just east of Fullerton Avenue along eastbound Route 22, Keller said, and the other is about a half-mile west of Route 987 westbound just past the Airport Road exit.

LVEDC also plans newspaper advertisements to list and thank its 2016 investors.

LVEDC’s annual operating budget is $2.7 million, about half of the revenue comes from private entities or earnings on economic development financing. The other half of the revenue comes from public sources, primarily about $1.4 million from hotel tax proceeds.

LVEDC’s public-private mission is to market the economic assets of the Lehigh Valley, recruit companies, and work with existing companies on strategic initiatives to support job growth and development, along with serving as a regional shared services center.

Below are the full list of LVEDC 2016 investors, in order of contribution amount:

  • Lehigh Valley Workforce Development Board
  • UGI Utilities
  • NFI
  • PPL Corporation
  • Air Products
  • BB&T – Lehigh Valley
  • City Center Lehigh Valley
  • Fuling Plastic USA
  • Lutron Electronics
  • Mack Lehigh Valley Operations
  • Olympus Corporation of the Americas
  • FirstEnergy Corporation
  • Wells Fargo Commercial Banking – Lehigh Valley
  • Lafayette Ambassador Bank
  • B Braun of America
  • Boyle Construction
  • Capital BlueCross
  • Charles Chrin Companies
  • Concannon Miller
  • CrossAmerica Partners
  • Duggan & Marcon
  • Dunne Manning Inc.
  • Florio Perrucci Steinhardt & Fader
  • Green Knights Economic Development Corporation
  • Guardian Life Insurance Northeastern Regional Home Office
  • JG Petrucci
  • Lehigh University
  • Lehigh Valley Electricians Local 375
  • Lehigh Valley Health Network
  • Majestic Realty
  • Moonstone Environmental
  • Penn State University – Lehigh Valley
  • PNC Bank – Lehigh Valley
  • St Luke’s University Health Network
  • TD Bank – Lehigh Valley
  • Victaulic
  • West Side Hammer Electric
  • Alvin H Butz
  • Baurkot & Baurkot Law
  • Brown-Daub
  • Computer Aid
  • Crayola
  • DeSales University
  • Duke Realty
  • Embassy Bank for the Lehigh Valley
  • Feinberg Real Estate Advisors
  • Fitzpatrick Lentz & Bubba
  • Follett Corporation
  • Griffin Industrial Realty
  • Hillwood Investment Properties
  • Jaindl Land Development
  • JLL Lehigh Valley
  • JM Uliana & Associates
  • Lafayette College
  • Lee & Associates of Eastern PA
  • Liberty Property Trust – Lehigh Valley Office
  • MKSD Architects
  • Moravian College
  • Norris McLaughlin & Marcus – Allentown Office
  • OraSure Technologies
  • Orbel
  • PenTeleData
  • Peoples Security Bank
  • Provident Bank – Lehigh Valley
  • QNB Corporation
  • Quandel Construction Group
  • Sacred Heart Healthcare System
  • Santander Bank – Moravian Branch
  • Service Electric Cable TV and Communications
  • Bardot Plastics
  • Mericle Commercial Real Estate Services
  • Pennsylvania Bio
  • HT Lyons
  • Talen Energy
  • 44 Business Capital
  • A&H Sportswear
  • Advantage Engineers
  • Albarell Electric
  • Allied Building Corporation
  • ARCO Design/Build Northeast
  • Barry Isett & Associates
  • Bethlehem Redevelopment Authority
  • Blue Rock Construction
  • Bohler Engineering
  • Borton Lawson
  • Broughal & Devito
  • Buckno Lisicky & Company
  • Cedar Crest College
  • CF Martin & Company
  • Communication Systems
  • Compass Point
  • Corporate Environments
  • Deiter Brothers
  • D’Huy Engineering
  • EarthRes Group
  • Easton Area Industrial Land Development Corporation
  • Easton Coach
  • Express Employment Professionals of Northampton County
  • FastSigns
  • Fedetz & Martin Associates
  • First Commonwealth Federal Credit Union
  • Good Shepherd Rehabilitation Network
  • Graybar Electric
  • Greater Lehigh Valley Realtors
  • Haines & Kibblehouse
  • Handlon Business Resources
  • Hanover Engineering Associates
  • HDR Engineering
  • Highland Associates
  • HMK Insurance
  • Horwith Trucks
  • Hotel Bethlehem
  • IMC Construction
  • Ironton Telephone Company
  • JHG Hotel Management
  • Just Born
  • Kelly Automotive Group
  • Kitchen Magic
  • Klunk & Millan Advertising
  • Kreischer Miller – Allentown
  • Lehigh Carbon Community College
  • Lehigh Career & Technical Institute
  • Lehigh County Authority
  • Lehigh Valley Industrial Park
  • Lehigh Valley Rail Management
  • Lesavoy Butz & Seitz
  • Lightweight Manufacturing
  • LR Costanzo Co. Inc. – Lehigh Valley
  • Manufacturers Resource Center
  • Maser Consulting
  • McTish Kunkel & Associates
  • Merchants Bank of Bangor
  • Michael Baker International
  • Modernfold of Reading
  • Morris Black & Sons
  • Nacci Printing
  • New Tripoli Bank
  • North Star Construction Management
  • Northampton Community College
  • Northeast Regional Council of Carpenters
  • O’Brien’s Moving & Storage
  • Pennoni Associates
  • Recreational Concepts Development Corporation
  • Regan Levin Bloss Brown & Savchak
  • Rettew Associates
  • Scot Lubricants
  • Sperry Van Ness – Imperial Realty
  • Spillman Farmer Architects
  • Stevens & Lee Allentown
  • Superior Quartz Products
  • T&M Associates
  • Terraform Engineering
  • The Pidcock Company
  • The Stone House Group
  • Ultra-Poly Corporation
  • Wind Gap Electric
  • Markward Group
  • Hanover Township – Lehigh County
  • Allied Personnel Services
  • Artefact
  • Baker Tilly
  • Berger-Epstein Associates
  • ESSA Bank & Trust
  • Express Employment Professionals – LC
  • Fishburn Realty Company
  • Gelcor Realty
  • Gorski Engineering
  • Knopf Automotive
  • Kressler Wolff & Miller
  • Ondra-Huyett Associates
  • Ott Consulting
  • Reimer Real Estate
  • SAGE Design-Build
  • Schlouch
  • Veraxia Commercial Real Estate Solutions
  • J&J Luxury Transportation
Business Services Providers Find Lehigh Valley a Cost-Effective Location

This story first appeared in the third issue of the Lehigh Valley Economic Development magazine, a publication developed by LVEDC and Journal Communications. This ma[...]

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