Scranton–Wilkes-Barre–Hazleton region top Northeast U.S. location for food processing companies
The Scranton–Wilkes-Barre–Hazleton, MSA topped a recent national study of the top food processing locations in the Northeastern United States and ranked 10th overall in the country. Site selection firm Boyd Co. Inc., based in Princeton, New Jersey, examined 24 of the top food processing regions in the country as part of the comprehensive study.
Northeastern Pennsylvania consistently ranks at the top of the list for prime food processing locations because it combines several key attributes that each play a role in driving industry success. The Scranton–Wilkes-Barre–Hazleton region has low operating costs including payroll, utilities, debt repayment and taxes that help lower a company’s annual cost to do business.
In addition to financial benefits, Northeast PA’s skilled and available labor force, and easy access to transportation routes leading to major East Coast cities, make it an attractive location for food processing companies.
CAN DO to honor tenants at ninth annual Curb Appeal Awards mixer
Tenants who have beautified and maintained their properties in CAN DO’s industrial parks will be honored at the economic development agency’s upcoming Curb Appeal Awards mixer.
The program, in its ninth year, presents awards to companies in Humboldt, Humboldt North, Humboldt West, McAdoo and Valmont industrial parks, as well as Humboldt Station and the CAN DO Corporate Center during an industry mixer held in September at Residence Inn by Marriott in Humboldt Station.
CAN DO announces that record-low business financing with interest rates between 2 and 3 percent is now available
CAN DO, Inc., the economic development organization serving Greater Hazleton and beyond, announced that Pennsylvania Industrial Development Authority (PIDA) products and loans are available at record-low interest rates for the 2016 third quarter.
Interest rates for several products dropped a quarter of a percent since the second quarter, including those for fixed interest rate full-term loans for up to a 15-year period.
PIDA loan applications must be packaged, underwritten and submitted by a Certified Economic Development Organization such as CAN DO, which is authorized to assist with applications in Greater Hazleton and throughout Luzerne County.