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LVEDC Briefs

By LVEDC Staff on April 2, 2013

Lehigh Valley
BY THE NUMBERS

323

Record-setting registration for the 2013 LVEDC Annual Investors’ Meeting which was held March 28 at Hotel Bethlehem.

Money to lend

Thanks to state loans which boast a great 1.5% interest rate, there’s never been a better time to expand or improve your business.

Last December, the Pennsylvania Department of Community and Economic Development (DCED) reduced prevailing interest rates to the lowest points in history. The DCED also substantially reduced the commitment fees associated with many of their programs.

LVEDC Vice President of Finance John Kingsley hopes local businesses take advantage of these great offers.

“With the reduction of interest rates and new accommodations within the programs, there has absolutely never been a better time to finance your business’s expansion in the Lehigh Valley,” Kingsley says.

The Pennsylvania DCED will vote Wednesday to establish a new interest rate for the second quarter.

For more information, please contact John Kingsley at 610.266.0887 or at [email protected].

Envision Lehigh Valley

sets public meetings

The grant-funded Envision Lehigh Valley will release the findings and community feedback from public meetings conducted during 2012 later this week. Envision Lehigh Valley’s outreach efforts during this final phase of the project focused on four areas – affordable housing, economic development, fresh food access and energy. Two research methods – focus groups and self administered surveys – were used to gather the information.
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LVEDC seeks
director of finance

We’re seeking an experienced lending professional to develop and execute a business development plan for LVEDC’s economic development financing programs and to provide senior relationship management services to clients of LVEDC’s Finance Department. For additional information contact Jean Mateff at [email protected] or at 610.266.6633.

2013 Annual Investors’ Meeting focuses on future of economc growth in the Lehigh Valley

The Lehigh Valley Economic Development Corp. announced the 2013-2014 Executive Officers and new members of the board of directors at the 2013 Annual Investors’ Meeting held Th[...]

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Lehigh ValleyQuick Facts

By the Numbers
$43.3 Billion

2020 Gross Domestic Product

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City Center Lehigh Valley
Industry Spotlight

10.6% of Labor Force
Employed in Manufacturing

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Lehigh Valley Health Network
By the Numbers
$3.8 Billion

Exports in 2019

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Air Products
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Lehigh Valley Electricians
By the Numbers
$66,865

Median Household Income

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PPL Electric Utilities
By the Numbers
676,700

Population

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Olympus
By the Numbers
347,612

Labor Force

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26.6% of Labor Force
Employed in "Eds & Meds" sectors

By the Numbers
5,073

Technology Patents

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Mack Trucks
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UGI
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Magestic Realty Co
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NFI
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14% of the total community college degrees awarded in PA

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Wells Fargo
By the Numbers
$7.1 Billion

Manufacturing Contribution to GDP

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Truist
Industry Spotlight

69th largest metropolitan area in the U.S. by population

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Key Bank
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10,754 degrees awarded by Lehigh Valley colleges (2017-18 academic year)

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St. Lukes University Health Network
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82,270 employed in "Eds & Meds" sectors

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Workforce Board
By the Numbers
149,000

Population between ages 18 and 34

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FirstEnergy