Ben Franklin to Invest $540,000 in Seven Companies.LEHIGH VALLEY The Lehigh Valley or the Allentown-Bethlehem-Easton, PA-NJ metropolitan area is a metropolitan region in eastern Pennsylvania and western New Jersey, in the United States. It is the third-most populated metropolitan region in Pennsylvania, after Philadelphia and Pittsburgh. , Pa. -- The Ben Franklin Franklin, cities, United States Franklin. 1 City (1990 pop. 12,907), seat of Johnson co., S central Ind., inc. 1823. It is a farm trade center. Manufactures include auto parts, aluminum doors and windows, and copper panels. Technology Partners of Northeastern Pennsylvania This mountainous area of Pennsylvania includes the Pocono Mountains, the Endless Mountains and former anthracite coal mining cities and towns, including Carbondale, Scranton, Pittston, Wilkes-Barre, Nanticoke and Hazleton. U.S. Presidents Harry Truman and George W. (BFTP BFTP Ben Franklin Technology Partners BFTP Blast from the Past BFTP Batch File Transfer Protocol BFTP Background Ftp BFTP Basic Ftp ) board approved investments of $540,000 with seven Pennsylvania companies The Pennsylvania Company was a major holding company, owning and operating much of the Lines West territory (west of Pittsburgh and Erie, Pennsylvania) of the Pennsylvania Railroad, including the Pittsburgh, Fort Wayne and Chicago Railway, the PRR's main route to Chicago. . BFTP is a state-funded economic development organization that links early-stage companies and established manufacturers with experts, universities, funding, and other resources to help them prosper through innovation. BFTP will invest in the following early-stage companies: Common Grace Inc., Columbia Crossroads Investment: $35,000 Develop a comprehensive marketing strategy and improve the manufacturing efficiency for a unique new crystal pendant product line called SOUL. The unusual properties of SOUL jewelry arise from a proprietary carving technique. Core Business Solutions, Inc, Lewisburg Investment: $150,000 Develop product enhancements to Core's DocBase Direct(TM) software application, an Internet-based document management solution. DocBase Direct reduces the cost of achieving and maintaining ISO9000 certification by automating the required work processes. The software completely automates the development, review, approval, and distribution of any electronic or paper document, form, or file. These enhancements, in combination with new alliances with key technology partners and an expanded marketing program, will increase sales. Core People Resources, Wind Gap Investment: $50,000 Provide technical enhancements and customizations to software supporting human resources, and implement marketing and commercialization efforts for this innovative software package. Core People Resources will provide subscribers with a cost-effective, constantly available, and comprehensive array of current personnel policies, programs, and forms to facilitate the subscriber's legal compliance and use of best HR practices. Digital Amplifier Company, East Stroudsburg Investment: $100,000 Design and build a self-contained, single-channel, high-performance digital amplifier module that can be easily integrated into a multi-channel audio amplifier system. These modules will be utilized by traditional and high performance audio equipment manufacturers. The designs provide better power and performance than other products available, and are based on the company's proprietary CLDjam(TM) digital amplifier technology. Laydee Lorayne, Inc., Selinsgrove Investment: $15,000 Begin operations to manufacture and produce high quality and reasonably priced post-operative compression garments. These garments are used primarily by individuals recovering from post-cardiac, cosmetic, and weight loss surgeries to reduce swelling and improve patient comfort. Thor Power Corporation, Bethlehem Investment: $150,000 Complete development of a new, proprietary motor/controller design. The first application of the design will be a power tool line that will almost double operating efficiency, providing twice the power at half the weight, with better ergonomics, and using about half the energy as the competition. Further applications to other appliances will follow. The company will design and market its electronically-driven, brushless direct current motor systems for devices that typically utilize traditional alternate current (AC) induction motor designs. BFTP announces the following investment in an established manufacturer: Tray-Pak Corporation, Reading, Berks County Investment: $40,000 University Partner: Lehigh University's Enterprise Systems Center Support and implement enterprise-wide system improvements for this manufacturer of custom thermoformed packaging. Develop and implement new and streamlined processes in manufacturing operations, including production planning, scheduling, and material planning. |
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