Economy

Montgomery County Head Start families and supporters mobilize to save funding for critical education, health and support service programs The future of more than 218,000 children hangs in the balance as the largest budget cuts in Head Start’s history are being debated by members of Congress. This week, those same elected officials have left...
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The Montgomery County Commissioners adopted a $403.95 million budget with no tax increase for 2011. The owner of a home assessed at $168,580, the county average, will continue to pay $454.32 for the county portion of their real estate taxes next year. The tax rate for the County portion of residents’ real estate taxes...
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Pennsylvania is facing a critical shortage of skilled manufacturing workers, according to a new report released today by the Department of Labor & Industry. The report, “Critical Shortages of Precision Machining and Industrial Maintenance Occupations in Pennsylvania’s Manufacturing Sector,” provides details about the manufacturing industry’s need for a skilled and highly trained workforce. There...
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HARRISBURG, Pa.,PRNewswire-USNewswire — State investments are helping Pennsylvania small-business owners continue to lower their operating costs by conserving energy and reducing pollution, Department of Environmental Protection Secretary John Hanger said today. Hanger announced that 90 small businesses across the state will receive more than $560,000 in grants through the Small Business Advantage program to...
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Three new leases have been signed at Upland Square in Pottstown, PA. Leasing efforts at Upland Square are spearheaded by Fameco principal Adam Kohler and senior sales associate Cathy Agnew. - AC Moore has signed a lease for 21,600 square feet and is expected to open in Spring 2011. - Hibachi Grill & Supreme...
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Raymour & Flanigan, the Northeast’s largest furniture retailer, opened the doors to its newest store in Collegeville, PA today. The store, located at 300-A Water Loop Drive, is the 95th location for the furniture retailer and the 18th location in the state of Pennsylvania. “We are excited to welcome the Collegeville community to our...
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Absent the extraordinary federal policy actions taken in the wake of the Great Recession, Pennsylvania and the nation would be looking at double-digit unemployment rates today, according to a new report from the Keystone Research Center. Economists Alan Blinder and Mark Zandi estimate the national unemployment would now be approaching 16% without the economic...
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Blox Sustainable Building Systems, a new company that manufactures environmentally sustainable modular construction units for commercial and residential purposes, will receive $50,000 to purchase equipment and complete renovations at the at the former Bethlehem Steel site in Pottstown. Blox has 65 skilled employees manufacturing the modular units and 11 administrative employees. It has eight...
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The image to the left shows what Pottstown and surrounding would look like as of June 15, 2010 if it were centered on 19464. An explosion on the BP operated Deepwater Horizon oil rig killed eleven crew members on April 20, 2010, sparking the greatest environmental disaster in United States history. In combination with...
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Dozens of school districts across Pennsylvania will get a funding boost for a wide range of new construction projects, with attractive financing that will save hundreds of millions of dollars, Governor Edward G. Rendell announced today. Governor Rendell said 46 school districts will receive more than $600 million in bonds made possible through the...
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