Manufacturing

Ben Franklin approves investments

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors approved the investment of $599,800 in support of regional economic development. The investments are with seven early-stage technology companies and two established manufacturers. rn r

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SBA loans in Eastern Pa. increase in $ value

PHILADELPHIA, PA – The dollar value and number of SBA 7(a) and 504 loans in Eastern Pennsylvania rose during the first 3 months of Fiscal Year (FY) 2010 over the same period in FY09, 187% and 78% respectively. Moreover, FY10 SBA loan values exceed loan values reported for the same time period in each of the last five years, and are just 2% below FY05 which was the highest level ever reported.

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Bon-Ton sales down, exceed expectations

YORK, Pa.--(BUSINESS WIRE)-- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today announced comparable store sales for the five weeks ended January 2, 2010 decreased 2.6%. Total sales for the five weeks decreased 3.0% to $511.1 million compared with $527.2 million for the prior year period.rnr

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Pocono vacation bureau to reorganize, layoff COO

In light of changing trends in the hospitality industry, as well as challenging economic times, the Pocono Mountains Visitors Bureau’s (PMVB) Executive Committee approved a re-organization plan that will be implemented on February 1, 2010 and reflected in the organization’s revised fiscal year 2009-2010 budget.rn r

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