Business

Study: Millennials more likely to leave State College

A new study shows that State College’s millennial population is decreasing, even as research indicates that millennials are more likely to settle in a small city.
A new study shows that State College’s millennial population is decreasing, even as research indicates that millennials are more likely to settle in a small city. Centre Daily Times, file

ConsumerAffairs.com analyzed U.S. Census Bureau data to create an interactive map that shows the movement of different demographic groups during the past decade.

Results indicated that millennials settled in small cities, retirees migrated to coastlines and the southwest, people in the south are having fewer children and fewer people are getting married.

All said, even with millennials more likely to settle in a small city, State College’s millennial population decreased by 3.1 percent from 2000 to 2014.

Penn State, government and business leaders have long talked about the need to keep young professionals in Centre County, to grow communities in Centre County. Millennials, according to the Pew Research Center, also make up the largest share of the American workforce.

Invested

Ben Franklin Technology Partners made investments in two startups, Sensor Networks and Nolinio.

Sensor Networks, which will receive an $85,000 investment, is developing permanently installed monitoring systems to remotely measure and report wall thickness data and corrosion rates. Metal degradation, including corrosion, erosion and cracking is a problem for industries like oil production, mid-stream transmission and chemical plants, according to BFTP.

Nolinio, located in Lancaster, offers solutions for enhancing sales and marketing processes and will receive a $25,000 investment.

The company’s product, Wingman, produces real-time analytics for identifying the effectiveness of a businesses’ collateral materials, allowing people deliver content appropriate for sales.

Each company will be approved for another investment in July.

Awards show

Geisinger Health System’s Medication Therapy Disease Management program will receive the American Society of Health-System Pharmacist’s Award of Excellence.

The award was established in 2005 to honor a contribution or achievement that has advanced the ability of hospital and health system pharmacists to serve patient needs.

Geisinger’s MTDM program treats patients with chronic diseases, chronic pain or who require anticoagulation treatment under the direction of Michael Evans, the associate vice president of strategy and innovation for Geisinger Enterprise Pharmacy.

The program has grown from two pharmacists in 1996 to 52 pharmacists in 47 Geisinger locations.

“We are honored to receive the Award of Excellence, one of the highest awards from ASHP, as recognition of the success we’ve had with the MTDM program,” GEP vice president John Jones said.

The award will be presented to pharmacy representatives at the ASHP Summer Meeting on June 11-15 in Baltimore.

Shawn Annarelli: 814-235-3928, @Shawn_Annarelli

  Comments