Monthly Archives:
July, 2016


  1. Micro Interventional Devices, Inc. Receives FDA Market Clearance for Permaseal™

    Micro Interventional Devices, Inc.™, the world leader in minimally invasive and catheter-based compliant fixation technologies addressing structural heart disease, announced that it received FDA Market clearance for the Permaseal™ transapical access and closure device. This comes just seven weeks after the CE Mark approval. The Permaseal device allows surgeons to access and close the left-ventricle instantaneously, reliably, Continue Reading…

  2. Custom Processing Services Process Improvements Enhance Output, Speed, Costs

    Improvements to the extruding process at Custom Processing Services are resulting in more reliable material blending, faster processing, and lower costs. The extruder, or compounder, blends materials that do not melt – called “fillers” – with melted polymers to create a custom material. Read more:  

  3. BFTP Included in Lehigh Valley Manufacturers’ Guide for Growth

    Manufacturing is a high-value business in the U.S. and there are many programs to help manufacturers invest in their growth and success, including tax incentives, grants, special low-interest financing, and low or no-cost growth consulting programs. BFTP was included in The Lehigh Valley Manufacturers’ Guide for Growth, recently produced by Concannon Miller, a Lehigh Valley Continue Reading…

  4. Innovative Control Systems Revolutionizing Car Wash Technology

    If you’ve used your local car wash there is a good chance that you’ve used the products developed by Innovative Control Systems (ICS), a cutting edge car wash technology firm staffed by 120 employees. ICS’ technology can be found in 15,000 car wash installations. Read more via LVEDC:

  5. Innovate in PA Invests in BFTP

    Ben Franklin Technology Partners of Northeastern Pennsylvania will be sharing in $14.5 million in funds from the state Department of Community and Economic Development that has been earmarked to support early-stage businesses. Read more via Lehigh Valley Business:

  6. What Is the Difference Between an Optimist and a Pessimist?

    At BFTP’s annual iXchange on May 17, 2016, speaker Byron Reese presented a keynote on Bold Optimism, in which he addressed how to spot key technologies and identify the macro factors that will drive innovation. Reese shares his perspectives in an eight-part video series. View part eight on optimism and pessimism.

  7. Pik Rite Celebrates 30 Years

    Just over 30 years ago, two Union County farmers embarked on a mission to build a better machine for picking field tomatoes. Today, Pik Rite, designs and builds vegetable harvesting equipment, ag manure spreaders, commercial waste-handling equipment, and hydroseeding equipment. It has a 54,000 sf facility and employs 75. Read more via Sunbury Daily Item: Continue Reading…

  8. Glemser Launches Life Science Compliance IT Blog

    Glemser Technologies, a provider of content and quality management solutions, has introduced a blog that serves as an educational resource for Life Science professionals in regulatory operations and IT—sharing experiences to help companies better develop and commercialize medications for improved patient outcomes. Read more:

  1. East Penn Manufacturing Opens New Plant, Adding 400 Jobs

    East Penn Manufacturing opened a new $150 million plant that could add up to 400 jobs when fully operational. East Penn, one of the world’s largest battery makers, is Berks County’s largest employer with about 8,000. Read more via Lehigh Valley Business:

  2. Lesson #2: Entrepreneurship is About People, Not Products

    Wayne Barz manager of Ben Franklin TechVentures posted the second installment in his Keystone Edge series, “Lessons from Incubating Innovation.” He observed that promising founders can only become successful entrepreneurs if they are able to tailor the advice from others for their own unique situation. This is why so many investors focus on the entrepreneur and management Continue Reading…

  3. New App Accelerates Professional Networking

    MyNetwork LLC has developed Valor Connect, a free smartphone app that can accelerate connecting professionals with college students or anyone else looking to network without the awkwardness of that initial meeting. Read more via Morning Call:

  4. Cambridge-Lee CEO Wins Brava Award

    Cambridge-Lee Industries LLC is a copper-focused manufacturer and distributor for plumbing, HVAC, construction and industrial markets. CEO Andrea Funk was recognized with a 2016 Greater Philadelphia Brava Award on July 12 . Read more:

  5. Reading Chamber Cites BFTP Support

    The Greater Reading Chamber of Commerce Quarterly Summer 2016 edition recognizes Ben Franklin Regional Manager Connie Faylor for her extensive advocacy, partnership, volunteerism, and support of the Greater Reading region. Read more on page 38:

  6. Hydro Recovery Receives Expansion Loan

    Hydro Recovery, Blossburg, is purchasing new equipment to purify fracking water and other fluids. The company is receiving a loan for part of the project from the PA Alternative and Clean Energy Program. Read more:

  7. Ben Franklin to Invest $303,055 in Regional Economic Development

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $303,055 in support of regional economic development. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. To achieve this goal, Ben Franklin staff Continue Reading…

  8. LV StartUp Marks One-Year Anniversary

    LVstartup, a monthly e-newsletter produced by LVEDC and covering the Lehigh Valley entrepreneurial scene, is celebrating its one-year anniversary this month. The July issue includes stories on Ben Franklin’s latest funding round, the CAN DO Partner of the Year award, client finalists in the PA sustainable energy design competition, Ben Franklin Venture Idol, and client Egg Zack. Continue Reading…