Intelligencer Journal/Lancaster New Era; April 7, 2011
The Lancaster Northwest Gateway Project has been honored as one of the nation’s 10 best brownfield-revitalization efforts by the nonprofit Phoenix Awards Institute.
The venture, done through EDC Finance with the help of environmental consultants ARM Group, razed and remediated a vacant Armstrong World Industries factory into a future […]
by Dick Wanner, reporter
Lancaster Farming; February 26, 2011
LANCASTER, Pa. — Ag lenders who survived the banking bloodbath in the fall of 2008 are back in the business of making loans, and they have been for some time. But they are asking all the questions they should have been asking before the financial system imploded, and […]
by Dick Wanner, reporter
Lancaster Farming; February 22, 2011
LITITZ, Pa. — Daniel Heller believes environmental regulation is the single most important issue facing the Lancaster County farming community, a community that generates $4 billion in economic activity. “We feel the EPA has made Lancaster County ground zero in watershed management,” Heller said in his office here at […]
by P.J. Reilly, staff writer
Intelligencer Journal/Lancaster New Era; January 29, 2010
Lancaster County commissioners on Wednesday created a program aimed at creating jobs and improving blighted areas in parts of the county where unemployment, poverty and home-foreclosure rates are highest.
The Lancaster County Recovery Zone Facility Bond Program is expected to disburse $14.1 million in federal stimulus […]
November 12, 2009
First Industries Fund Open for Business, Lancaster County Ag Financing Source Is Recapitalized
EDC Finance Corporation was notified today by the PA Department of Community and Economic Development that the First Industries Fund loan program for agriculture projects has been recapitalized and is now available to accept funding requests.
First Industries Fund Program Changes
First Industries Fund […]
Comments of John H. Rose, Chairman,
EDC Finance Corporation
October 9, 2009
Thank you, John. As Chair of EDC Finance, I would like to say it is a great honor to be here today, representing EDC Finance Corporation and its staff as we dedicate the 47 acres that make up the Northwest Gateway Redevelopment Project.
EDC Finance Corporation is […]
by Tim Mekeel, staff writer
Intelligencer Journal/Lancaster New Era; September 3, 2009
Lancaster Leaf Tobacco Co. almost was uprooted.
It nearly left town, costing 119 workers their jobs and vacating hundreds of thousands of square feet.
Instead, it’s digging in deeper.
The company has started an $11.5 million expansion project here, thanks to more than $4 million in state aid, […]
Thanks to lower equity requirements and increased funding, it’s now easier for local businesses to get state help for expansion projects.
by Tim Mekeel, staff writer
Intelligencer Journal/Lancaster New Era; July 7, 2009
Even during a recession, David K. Nikoloff points out, some manufacturers are looking to expand.
Now his organization has a better chance of persuading them to do […]
Surging demand halts applications to low-interest loan program
by Paula Holzman
Central Penn Business Journal, June 18, 2009
A state-administered low-interest loan program to boost the state’s agriculture and tourism industries has temporarily stopped taking applications because demand has outstripped supply.
The First Industries Fund began in 2005 and included a $100 million revolving loan program funded by the […]
by Lyle Hosler, project manager
Economic Development Company of Lancaster County
Lancaster Farming
January 3, 2009
With a history spanning almost 50 years of promoting, planning and funding economic development projects in Lancaster County, the Economic Development Company (EDC) of Lancaster County and its subsidiary organization, EDC Finance Corporation, actively work to provide experience, vision and resources to secure […]
