A more than 100-year-old Tatamy company had a record year in 2020 thanks to a little luck and its decision to position itself to serve an industry that began booming during the COVID-19 pandemic: logistics.
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Banking & Finance
PPP’s extension gave borrowers needed time to apply, funds expected to dry up before end date
An extension to the Paycheck Protection Program (PPP) from March to May allowed more time for small firms and businesses looking to draw from the program for a second time to benefit from it. But without additional funds, the program is expected to dry up soon.
Read More »The arts’ rising economic power; how public art is transforming communities in the Lehigh Valley
Public art is helping drive economic rebirth in cities like Easton and nationwide.
Read More »Buyer demand for homes in Lehigh Valley continues to soar
Buyer demand continued to be the big story in the Lehigh Valley residential real estate market as early spring activity was brisk.
Read More »March Madness betting boosts; Pennsylvania’s sportsbook wagers to more than $560 million
The national college basketball tournament helped Pennsylvania's retail and online sportsbooks take in more than $560 million in wagers in March.
Read More »PPL to be title sponsor of Da Vinci Science Center’s new downtown Allentown location
PPL Corp. will be the title sponsor of the new Da Vinci Science Center building in downtown Allentown. Da Vinci CEO Lin Erickson announced April 14 during a virtual press conference that the new center, to be located near Hamilton Boulevard and 8th Street, will be named Da Vinci Science Center at PPL pavilion.
Read More »Ballparks, hotels, housing projects and museums among those vying for state redevelopment grants
Renovations at Coca-Cola Park in East Allentown and FirstEnergy Stadium in Reading are among the dozens of projects vying for grants from the Pennsylvania Redevelopment Assistance Capital Program.
Read More »The truth behind popular misconceptions about the PPP
The federal Paycheck Protection Program (PPP) application deadline has been extended to May 31, offering small businesses another opportunity to secure critical funds to curb the economic ripple effects of the pandemic.
Read More »Samvir Sidhu to take over as president and CEO of Customers Bank in July
Samvir Sidhu has been tapped to replace Richard Ehst as president and CEO of Customers Bank, a subsidiary of Customers Bancorp Inc. of Reading.
Read More »Peoples Security names commercial lending officer for Lehigh Valley
Peoples Security Bank & Trust Co. has hired Carmen Flosdorf as vice president commercial lending officer. She will be based at the West Tilghman Street branch office in Allentown.
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