Business

Business briefs

Mo Valley group sets focus for new year

The Moshannon Valley Economic Development Partnership held its annual planning meeting in mid-January to review the previous year and set a focus for 2008, the partnership’s 20th year.

Plans for 2008 include: marketing the Moshannon Valley Regional Business Park, assisting in bringing health care back to the Moshannon Valley, marketing and renovating existing partnership properties and continuing the housing rehabilitation program.

The group plans to evaluate potential sites for future land acquisition, determine the needs of Resource Recovery and provide assistance, if necessary.

There are also plans to build on the successes of the Main Street Program, working with local elected officials and build on regional partnerships to plan for growth as I-99 opens, continuing a business retention and expansion program and exploring a plan for developing waste coal reuse programs in the region.

To learn more visit www.MVEDP.org or call 342-2260.

AccuWeather launches online forums

AccuWeather.com has launched the AccuWeather.com Forums, a place for threaded discussion on a variety of topics.

There are a range of forum group, including: Your Weather Stories; Astronomy; Kids’ Weather; Weather Questions; Weather on TV/Movies/Internet; and The AccuWeather Insider.

All users of the free AccuWeather.com site are able to visit and read the forums and post to them after registering.

University Park Airport has new Web site

University Park Airport has redesigned its Web site, www.universityparkairport.com.

The redesign offers user-friendly information for airport users, such as parking, baggage information and travel tips, combined with increased graphics and photos.

The site also has tools, such as a fare finder to help travelers find and book flights and increased photos and graphics.

University Park Airport offers daily flights to Atlanta, Cincinnati, Detroit, Philadelphia and Washington Dulles.

Minitab receives government contract

Minitab Inc., a State College-based provider of software and services for quality improvement, has received a five-year information technology schedule contract from the U.S. General Services Administration.

The award allows Minitab to provide products and services to government agencies as an approved vendor and expedites the process of obtaining government contracts.

Fulton reports 18.1 percent drop in income

Fulton Financial Corp. earned $38.2 million for the fourth quarter of 2007, an 18.1 percent decrease from the same period in 2006, the bank reported.

Diluted net income per share for the quarter decreased to 22 cents per share, down 18.5 percent decrease from the same period in 2006. Those figures represent an increase of nearly 16 percent over the third quarter of 2007.

Net income was $152.7 million for the year ended Dec. 31, a 17.7 percent decrease from 2006.

Diluted net income per share for the year decreased to 88 cents, down from $1.06 reported in 2006.

During the first nine months of 2007, Fulton recorded $24.9 million of charges related to residential mortgage and home equity loans originated and sold to secondary market investors by Resource Bank, through Resource Mortgage.

These repurchases resulted from early payment defaults by borrowers or misrepresentations of borrower information.

Auto repair shop opens in Philipsburg

Donita Considine and Tony Betron, of State College, have opened Betron’s Auto Repair at 10 S. Front St., at the corner of Front and Presqueisle streets.

The shop offers all major and minor repairs of cars and light trucks.

Betron’s is open daily from 8 a.m., and closing hours vary. The shop has weekend hours.

Local company announces relocation

Environmental Credit Corp., a leading supplier of environmental credits to global financial markets, has relocated its facility in State College to accommodate its expanding staff and prepare for growth.

The new facility at 101 S. Fraser St. has six full-time staff members administering project sites in New York, North Carolina, the Midwest and California.

More information on ECC is available at www.envcc.com.

Bead shop opens in Philipsburg

Jesse Matusko, of Philipsburg, opened Matusko’s Ornamentals at 200 N. Second St., Suite 4 in Philipsburg.

The shop offers mixed beads including gem stone, mixed glass, bone and silver for both wholesale and retail sale and also offers gem and mineral specimens, jewelry, hemp, tapestries, and other unique items.

The store, which is next door to Spanogle’s Barber Shop, has set tentative hours from 11 a.m. to 7 p.m. Monday through Saturday or by appointment. To schedule an appointment call, 571-9880.

Local senior care service joins AARP group

Home Instead Senior Care, a local company serving Centre, Clearfield, Huntingdon, Mifflin and Juniata Counties has joined AARP’s National Employer Team.

The NET program connects workers age 50-plus with employment opportunities at companies, such Home Instead.

Home Instead is an international non-medical caregiving company with more than 760 offices worldwide including the local franchise.

To learn about job opportunities with the company, visit www.aarp.org/employerteam or contact Ken Pendleton at 238-8820.

Home Show to be held later this week at BJC

The Builders Association of Central Pennsylvania will hold its annual Home Show March 28-30 at the Bryce Jordan Center.

This year’s show features more than 300 exhibits on topics that include home construction and remodels, kitchens, sunrooms, decks, windows, appliances, landscaping, bathrooms and hot tubs.

A series of free how-to seminars, with topics such as woodworking 101 and kitchen remodeling, will be featured throughout the weekend.

The 4th Annual Children’s Building Contest will take place March 29. Children ages 5 through 12 will be building projects out of Legos and Lincoln Logs. Pre-registration is required.

Hours for the show are 2 to 8 p.m. Friday; 9 a.m. to 8 p.m. Saturday; and 10 a.m. to 5 p.m. Sunday.

Tickets are $5; children younger than 12 get in free. Free day care is available at the show, and parking is free.

For more information, call the builders association at 231-8813 or visit www.centralpabuilders.com.

Local businesswoman speaks at conference

Marie McClellan, director of sales at the Hilton Garden Inn in State College, was one of the key speakers at the PASAE meeting in Harrisburg on Feb. 8 on the topic, “Beyond Kermit – It’s Easy to Green Your Next Meeting.”

Since opening in 2002, the Hilton Garden Inn, 1221 E. College Ave., State College has maintained an ongoing commitment to “green” strategies such as conservation practices and using green products.

Engineering firm honored with award

Pennoni Associates, a consulting engineering firm headquartered in Philadelphia, has received the 2007 Business Achievement Award in the category of medium-sized firm, new practice area. The award was presented by the Environmental Business Journal.Pennoni has offices in State College.

Verizon Wireless invests $235 million in Pa.

Verizon Wireless invested more than $235 million in 2007 to enhance its network in Pennsylvania.

The enhancements included building new — and upgrading existing — cell sites, increasing coverage area and expanding its high-speed wireless broadband network to new markets.

Upgrades included 92 new cell sites, equipment upgrades to more than 275 existing sites and the installation of 41 backup generators for use during times of crisis.

Regional hospital receives award

Lewistown Hospital’s Wound Healing Institute, which opened in 2005, has received an award of excellence to acknowledge the hospital’s accomplishments in healing chronic wounds.

When the institute is compared to the 188 hospitals, whose information is tracked in a database, its healing rates exceed the national average by 10 healing days. The institute is an outpatient program located on the hospital’s fourth floor. It is staffed by surgeons, podiatrists and specially trained wound care nurses.

For more information, call 717-242-7348.

Philipsburg part of White House initiative

Philipsburg has been named a “Preserve America Community,” making the borough part of a White House initiative to preserve cultural and national heritage.

The initiative aims to strengthen regional identities and local pride, encourage knowledge of the country’s history, increase participation in preserving cultural and natural heritage assets and support communities’ economic vitality. First Lady Laura Bush is the initiative’s honorary chairwoman.

Bush has named more than 500 communities to the program since it began. Those communities are eligible for grants at a dollar-for-dollar match to support heritage tourism and the use of historic properties to better the community.

The designation recognizes that the borough appreciates and promotes historic preservation, promotes its heritage through events such as Heritage Days and uses its history to educate others about preservation. It also encourage heritage and historical tourism.

Organizations such as the Main Street Manager program and the Philipsburg Historical Foundation helps the borough’s application, which the Pennsylvania Historic and Museum Commission helped prepare.

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