SEDA-COG has approved three loans totaling $400,000 to Advanced Powder Products, a metallic components production company in Philipsburg. The loans will help the firm increase its “sintering” capacity, which involves powdered metal processed under extremely high heat.
In addition to the loans through SEDA-COG, the project will be financed through company equity and the Moshannon Valley Economic Development Partnership. Advanced Powder Products plans to purchase a new furnace that will more than double its sintering capacity.
Advanced Powder Products manufactures 225 parts through prototype fabrication and metal injection molding. It has 20 full-time and 16 part-time employees and, through this project, expects to retain all existing employees. This is the third project that SEDA-COG has participated in with the company.
Wound care center wins award
Mount Nittany Center for Wound Care was recognized with the Robert A. Warriner III, M.D., Center of Excellence award from Diversified Clinical Services, a wound care management company.
Mount Nittany Center for Wound Care is an outpatient treatment center on Radnor Road, State College, for people with problem wounds and those needing diabetes management and foot care.
The center earned the award by meeting the Center of Distinction quality standards for two consecutive years. The center has achieved patient satisfaction rates over 90 percent, and an 89 percent healing rate in 30 median days, among other quality standards.
In 2010, the center cared for 564 patients who were provided specialized treatment, often preventing amputations and helping patients return to active lives.
CBICC names scholarship winners
The Chamber of Business and Industry of Centre County has announced the recipients of the 2011 Workforce Development Scholarships.
This year, a $1,250 scholarship was awarded to one high school student in each of the five Centre County school districts who is enrolled in a program of technical education or training and plans to pursue a career in a technical field in Centre County upon completion of their education.
The 2011 Workforce Development Scholarship recipients are Crispolo Bloom, Bald Eagle Area School District; Aaron Boatwright, Bellefonte Area School District; Cody Williams, Philipsburg- Osceola Area School District; Tierani Auman, Penns Valley Area School District; and Eric Rickabaugh, State College Area School District.
Money for the scholarships is raised through the chamber’s annual “Open for Business” golf tournament. This year’s tournament will take place Kuly 29 at Toftrees Golf Resort and Conference Center.
Since its inception, the Workforce Development Scholarship Program has awarded more than $48,000 to local students.
Clearfield County selects tax collector
As part of the local tax changes brought about by Pennsylvania Act 32, the municipalities and school districts that sit on the Clearfield County Tax Collection Committee selected Keystone Collections Group as their new county-wide earned income tax collector effective Jan. 1.
The new law’s most important change for local businesses is the requirement for mandatory wage tax withholding. Employers must automatically withhold and submit earned income tax for every employee beginning in 2012.
In an effort to educate local businesses of their new obligations under Act 32, the CCTCC and Keystone will provide a series of employer seminars held throughout Clearfield County. These free educational sessions are part of an ongoing outreach effort to employers transitioning to the new system.
Keystone representatives will explain the changes mandated by Act 32 for employers, including mandatory withholding and reporting of local earned income tax. Sessions will be held at Clearfield Elementary, 700 High Level Road, Clearfield, on Monday at 10 a.m. and 2 p.m.; North Lincoln Hill Elementary, 200 Short St., Philipsburg, on July 7 at 10 a.m. and 2 p.m.; Glendale High School Auditorium, 1466 Beaver Valley Road, Flinton, on July 15 at 10 a.m. and 2 p.m.; and DuBois Middle School auditorium, 404 Liberty Ave., DuBois, on July 21 at 9 a.m. and 1 p.m.
Giant to unveil new product packaging
Giant Food Stores and Martin’s Food Markets are introducing a new packaging design for nearly 2,000 of their store-brand products.
Insurance official to speak at luncheon
The Chamber of Business and Industry of Centre County’s June membership luncheon will feature Marc Backon, senior vice president of sales and marketing for Capital Blue- Cross. Backon will share his observations around the impact of the Patient Protection and Affordable Care Act on insurers and employers, as well as the unanticipated consequences for various key stakeholders.
The event will take place June 21, from 11:45 a.m. to 1:15 p.m. at the Nittany Lion Inn, 200 W. Park Ave., State College. The cost is $18 per member, or $30 per guest.
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