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  1. East Penn acquires majority share of Navitas Systems

    East Penn Manufacturing Co. acquired a majority interest in Navitas Systems LLC, a global leader in larger-format lithium battery technology and systems for heavy-duty commercial/industrial as well as government/defense market segments. The acquisition will accelerate the Lyons Station-based battery manufacturer’s expansion of its Motive Power battery offering, as well as its strategic integration into other market Continue Reading…

  2. New Brookings Report: Examining Innovation Efforts by Competitor States and National Leaders

    The commonwealth has historically been an innovation leader, and Pennsylvania retains a stable of effective, scalable innovation assets. This includes a robust university system that generates significant R&D, as well as a set of capable technology-based economic development programs that operate across the state. However, in recent years, Pennsylvania’s innovation economy has gone flat, and Continue Reading…

  3. Brookings Institution Report: PA falling behind other states on innovation

    Pennsylvania could be missing out on job and economic growth as it falls behind other states in fostering investments in innovation, according to a recent independent report from the Brookings Institution’s Metropolitan Policy Program. The report looked at spending by state and local governments, as well as businesses and universities, on research and development and Continue Reading…

  4. Transformers tie-in could be transformative for Gilson Snow

    A Pennsylvania manufacturer and BFTP client is hitting the big time as super fans of the Transformers toy line prepare to hit the slopes. Gilson Snow, Sunbury, is now partnering with toy maker Hasbro Inc. to make limited edition Transformers-themed skis and snowboards. Via Lehigh Valley Business: https://bit.ly/2OVCGWM

  5. LifeAire Brings Air Purity to Critical-Care Medical Environments Worldwide

    Medical facilities strive to keep surfaces in critical care environments as sterile as possible. But one of the most serious threats in those areas is in the air surrounding the patients and staff. Airborne chemical and biological pathogens can readily bypass many air filtration measures commonly used by medical facilities. Ben Franklin client LifeAire Systems developed a patented, Continue Reading…

  6. Gilson Snow Selected for Transformer Skis and Snowboards

    Transformers fans celebrate series’ 35th anniversary while hitting the slopes. Gilson Snow revealed its new, exclusive TRANSFORMERS x Gilson 35th Anniversary Collaboration during the TRANSFORMERS panel on July 18 at the Comic-Con convention in San Diego, CA. Hasbro chose Gilson Snow, Winfield, PA, to produce Transformers-themed skis and snowboards. The artwork for these limited supply Continue Reading…

  7. Extraction of REEs from Mine Drainage

    The Lehigh University Energy Research Center (ERC), in collaboration with BFTP client Applied Separations, Allentown, is conducting research to investigate the feasibility of a chelate-enhanced sCO2 method for Rare Earth Elements extraction from acid mine drainage (AMD). AMD is a metal-rich acidic wastewater byproduct from the coal mining industry. The project is carried out with Continue Reading…

  8. Ben Franklin Appoints Anthony Durante as Manager, Entrepreneurial Support

    The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) has announced the appointment of Anthony Durante as Manager of Entrepreneurial Support. In this role, Durante will manage Ben Franklin TechVentures, Ben Franklin’s award-winning, 129,000-square-foot business technology incubator. As Manager of Entrepreneurial Support, Durante will direct and develop new TechVentures incubator programs and policies that provide Continue Reading…

  1. W-B Connect Launches Business Parks Portal

    The Greater Wilkes-Barre Chamber of Commerce through Wilkes-Barre Connect announced its new parks portal, www.theparksportal.com.The portal will serve as a one-stop shop for tenants located in business parks, and BFTP/NEP is a partner in the effort. Hanover Industrial Park, which includes Ben Franklin clients American Paper Bag and Mt. Everetts Frozen Creations, is the first Continue Reading…

  2. Lehigh Valley Bounces Back From Big Steel’s Departure

    Forbes feature about Lehigh Valley economic renaissance by Jim Vinoski cites Ben Franklin start-up/client OraSure Technologies and manufacturer clients Crayola, Just Born, Inc., C. F. Martin & Co., and Victaulic: https://bit.ly/2Y5lBNv

  3. Ben Franklin to Invest $392,200 in the Regional Economy

    Investments in 3 Early-Stage Firms and 7 Established Manufacturers The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $392,200 in support of regional economic development. Clients are early-stage, technology-based firms and established manufacturers in BFTP/NEP’s 21-county service area. Investments are identified as continuation projects indicate that the Continue Reading…

  4. PA Budget Does Not Restore BFTP Funding

    BFTP’s state appropriation did not change — $3.5 million for BFTP/NEP — which is the amount it has been getting for the most part since 2007-08. “We need to restore Pennsylvania’s funding to Ben Franklin if we want to maintain our competitive edge in an increasingly high-tech world,” BFTP/NEP CEO Chad Paul said. “We need Continue Reading…

  5. Freshpet Expands in Lehigh Valley

    Freshpet held a groundbreaking ceremony for its second kitchen facility in Hanover Township, Northampton County, a project that will create as many as 200 jobs and increase production of the company’s signature fresh pet food. The project will include the renovation of an existing 50,000 square foot building and the addition of 90,000 square feet Continue Reading…

  6. Bio Med Sciences: Made Possible in Lehigh Valley

    A stranger threw acid on a Columbian woman, burning her face and body and changing her life. Her long recovery required many surgeries, which was hastened by a transparent medical mask she wore that softened her skin and reduced scar tissue. That mask was Made Possible in Lehigh Valley by BFTP client Bio Med Sciences.https://bit.ly/2Y1hfDZ

  7. Bethlehem Startups Receive $120,000 Investment from Ben Franklin

    “Investing in promising early-stage firms and established manufacturers is central to our mission of creating and retaining highly paid, sustainable Pennsylvania jobs.”  Via LVEDC’s The Lehigh Valley Insider: https://bit.ly/2L26u0v

  8. Ben Franklin to Invest $488,400 in the Regional Economy

    Investments in 5 Early-Stage Firms and 7 Established Manufacturers The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $488,400 in support of regional economic development. Clients are early-stage, technology-based firms and established manufacturers in BFTP/NEP’s 21-county service area. Investments are identified as continuation projects indicate that the Continue Reading…