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Client & Alumni News

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  1. Lubrizol Invests Millions to Expand Particle Sciences

    The Lubrizol Corporation, which acquired Ben Franklin client Particle Sciences, will invest millions to add commercial drug product manufacturing at the company’s facility in Bethlehem. Leveraging the company’s knowledge in complex formulations and production, the new space is expected to be operational in the fourth quarter of 2017. More: http://prn.to/2sgCKE1

  2. Ski Software Start-up Gets a Funding Boost

    A start-up that streamlines the ski experience for resort guests is getting a lift in the form of fresh investments. Snowvation Inc. now has office space in Ben Franklin TechVentures and raised a total of $265,000 in this investment round, including $50,000 from Ben Franklin. Via Lehigh Valley Business: http://bit.ly/2sTzRpi

  3. Pik Rite Receives National Small Business Environmental Award

    The National Small Business Environmental Assistance Programs recognized BFTP alumnus client Pik Rite, Inc. as the 2017 winner of its Small Business Environmental Stewardship Award. Pik Ritedesigns and manufactures innovative, quality-built vegetable harvesters, agricultural manure spreaders, commercial waste handling and specialized vacuum tanks, dump bodies and debris collectors. The company was recognized for its accomplishments Continue Reading…

  4. Micro Interventional Devices Wins Top Cardiovascular Innovation Award

    Micro Interventional Devices, Inc™ (MID), is pleased to announce that it is the recipient of the CRT 2017 “Top Cardiovascular Innovation Award” for the company’s MIA™ technology. The MIA technology is designed to reduce annular dimensions and regurgitation during percutaneous transcatheter mitral and tricuspid repair.  The annular reduction is achieved without sutures or other intervention due Continue Reading…

  5. East Penn Manufacturing Receives Inaugural Albert Boscov Award

    East Penn is the first recipient of the Albert Boscov Economic Development Award for Berks County, presented by the Greater Reading Chamber & Economic Development Corporation. The award honors a company that demonstrates a significant investment in job creation and economic growth for Berks County. More: http://bit.ly/2qa8lTB

  6. Arkados Acquires SolBright Renewable Energy

    Arkados R&D Conducted at Ben Franklin TechVentures BETHLEHEM, PA and CHARLSETON, SC — Arkados Group, Inc. (OTC:AKDS), a leading software developer and system integrator enabling Internet of Things (IoT) applications for commercial and industrial customers, announced it has completed the acquisition of SolBright Renewable Energy, LLC, a renewable energy design and development company based in Continue Reading…

  7. BFTP Client LAMPIRE Acquires BFTP Client H.B. Custom Media

    LAMPIRE Biological Laboratories, Inc. is a provider of human and animal blood and blood products, and other biotech products, and operates as a Critical Material Manufacturer for a number of Fortune 500 companies and their subsidiaries. More: http://bit.ly/2pAm8Tf

  8. Puritan Products Acquired by Avantor

    Global specialty chemical company Avantor Performance Materials has acquired Ben Franklin client Puritan Products Inc., a Bethlehem-based chemical blending business. Via Morning Call: http://bit.ly/2joICn4

  1. Bazzini Nuts is Oldest Nut Company in U.S.

    Bazzini Nuts started in Lower Manhattan and moved to Allentown in 2011. The company produces, packages, and ships nuts — including 3 million pounds of peanuts a year. Via WFMZ -TV69  http://bit.ly/2peji6M

  2. Economic Developers Gear Up for Successful Start-ups in Business Incubators

    Northeastern Pennsylvania’s incubator network has been blossoming these last few years at an accelerated pace. They are all connected through the Ben Franklin Technology Partners of Northeastern Pennsylvania. Via Times-Tribune news: http://bit.ly/2oVhcLQ

  3. Bio Med Sciences Mask in Fight Against Acid Attacks

    Natalia was a beautiful, successful young businesswoman, until the day a complete stranger threw acid in her face. It happened in Colombia, which has more acid attacks on women, per capita, than anywhere else. There used to be no laws against it. Natalia recovered by wearing a special mask made by BFTP client Bio Med Continue Reading…

  4. Cambridge-Lee: Commitment and Compassion

    Andrea Funk arrived at Cambridge-Lee Industries, Reading, six years ago as chief financial officer and moved into the CEO role several years later. The company, which celebrates its 75th anniversary this year, has about 420 employees and manufactures and distributes copper tubing for various markets. Via Lehigh Valley Business: http://bit.ly/2oNpyou

  5. Arkados Signs Letter of Intent to Acquire SolBright Renewable Energy

    Combination will expand the energy services business into solar and open significant customer opportunities for Industrial Internet of Things solutions Arkados Group, Inc. (OTC: AKDS), which conducts its core research and development activities at Ben Franklin TechVentures®, Bethlehem, has signed a letter of intent to acquire the assets of SolBright Renewable Energy, LLC, a renewable Continue Reading…

  6. Bridgeworks Incubator Companies Increasing Revenues and Hiring

    Resident companies in the Bridgeworks Enterprise Center, Allentown, a member of the Ben Franklin Business Incubator Network, increased revenues nearly 15% and employment 11% in one year. Via Lehigh Valley Business: http://bit.ly/2m4lDOJ

  7. Micro Interventional Devices Wins Top Cardiovascular Innovation Award

    Micro Interventional Devices, Inc™ won the “Top Cardiovascular Innovation Award” for its MIA™ product at the CRT 2017, which is one of the world’s leading interventional cardiology conferences. More: https://yhoo.it/2lwrVeu

  8. viihealth Announces Acquisition of Hubdata

    Ben Franklin TechVentures-based viihealth, Inc., a next-generation Customer Engagement Company dedicated to helping global Life Science clients improve business results, has acquired Hubdata SARL, a France-based provider of leading edge decision analytics SaaS solutions. More: http://prn.to/2mMdyyY