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Easton, Quakertown earn Keystone Communities Main Street designation and other company news

Easton and Quakertown have been designated as Keystone Communities Main Streets, allowing for funding that supports targeted investment and development to address community needs. ....

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Biopharmaceutical companies spend nearly $8B in Pennsylvania - Pennsylvania Business Report

Pennsylvania Business Report
Biopharmaceutical companies spend nearly $8B in Pennsylvania
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According to We Work for Health Pennsylvania, the state’s 16 biopharmaceutical companies spent $7.9 billion in the state in 2018 and employed 253,876 Pennsylvanians, while supporting 7,294 vendors and suppliers.
The organization examined the companies for total expenditures paid to U.S vendors and their business relationships with vendors.
At the turn of the century, the life sciences industry in Pennsylvania centered on large, campus-style pharmaceutical companies. Today, the industry includes startup biotech companies, medical device companies, and contract service organizations that established research and manufacturing operations in traditional flex buildings.
These companies’ investments in research and medical innovation can lead to breakthrough cures and treatments and prevention against drug-resistant superbugs. ....

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Gov. Wolf once again proposes a natural gas tax

Gov. Tom Wolf discussed the proposed severance tax on the natural gas industry during a virtual briefing Monday while unveiling a plan to get Pennsylvanians back to work.
His proposed $3 billion âBack to Work PAâ plan could be funded by taxing the natural gas industry at a rate of 2.8%.
The proposed tax would bring in about $300 million a year in revenues that could enhance initiatives and create programs to address barriers âholding back our workforce,â Wolf said.
The plan calls for taking out a $3 billion, 20-year bond.
While Wolf said workers have always had barriers to overcome to be successful, the COVID-19 pandemic created significant new hardships. ....

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Pa. recognizes Eight Oaks for sanitizer – Times News Online

Pa. recognizes Eight Oaks for sanitizer – Times News Online
tnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tnonline.com Daily Mail and Mail on Sunday newspapers.

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