The Huntingdon County Chamber of Commerce has secured for its members an electric discount program with FirstEnergy Solutions (FES), a leading electric generation supplier based in Akron, OH. According to the terms, participating small business chamber members will receive guaranteed savings on electric generation from January 2011 through May 2012, always paying less than the electric utility
A Penn State study concluded that the Marcellus Shale industry is expected to create 212,000 new jobs by 2020. The Marcellus Shale Coalition announced the study’s findings at a press event in the Capitol Rotunda this week. Those jobs are on top of thousands already being generated in the state. Additionally, over the next 18 months, drilling activity is slated to create more than $1.8 billion in state and local tax revenues.
The study also noted that for every $1 invested in the state by Marcellus Shale producers, $1.90 of total economic output is generated as a result.
The U.S. Small Business Administration announces certain Private Non-Profit Organizations (PNPs) that do not provide critical services of a governmental nature may be eligible to apply for low-interest rate disaster loans. These loans are available following a Presidential Disaster Declaration for Public Assistance resulting from damages caused by severe winter storms and snowstorms that occurred on Feb. 5-11, 2010.
PNPs located in Adams, Allegheny, Armstrong, Beaver, Bedford, Blair, Butler, Cambria, Chester, Cumberland, Dauphin, Delaware, Fayette, Franklin, Fulton, Greene, Huntingdon, Indiana, Juniata, Lancaster, Lebanon, Perry, Philadelphia, Somerset, Westmoreland and York counties in Pennsylvania are eligible to apply to SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.
Pennsylvania continues to lose ground in the economic competitiveness race, raising the stakes even higher in the upcoming debate over the 2010-11 state budget.
According to the 2010 ALEC-Laffer State Economic Competitiveness Index, Pennsylvania ranked 46th for economic performance (no change from 2009) and 43rd for economic outlook (a one position drop from last year). Since 2008, the Commonwealth has dropped seven positions in the economic outlook category.
The annual study examines 15 policy variables that have a proven impact on the migration of capital — both investment and human — into and out of states. The state rankings are an equally weighted combination of these variables, and each of the factors is influenced directly by state lawmakers through the legislative process.
In order to encourage local buying, the Chamber has planned a “Business Connection” program aimed at bringing local buyers and sellers together. This event is the perfect opportunity for large businesses to meet with sales representatives without the hassle of scheduling long meetings that interfere with daily activities.
Reservations are currently being taken for sales representatives who will meet one-on-one with representatives from selected businesses to discuss purchasing needs. This will introduce purchasers to suppliers – in their own back yard – who may offer better products and pricing than currently received.
The 4th Annual Huntingdon County Chamber of Commerce & Comfort Inn Open Golf Tournament will take place on Wednesday, June 16th, rain or shine, at the Huntingdon Country Club on Raystown Road, Route 26 South.
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