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Governor Rendell Brings Money to the Valley August 5th, 2008
IRT selects LindenPointe... July 1, 2008
LindenPointe Awarded Federal Grant June 21st, 2008
Altmire, English Announce $800,000 for Tech Center June 20th, 2008
Tech Park Growing April 8th, 2008
Novocell Semiconductor is creating the future
When funding comes in, tech center to go up
The Commonwealth of Pennsylvania Department of Labor and Industry - Industry Partnership Grant
Technology center seen as key to diversify economy
Governor Rendell Announces Thirty-Five New Jobs in Mercer County
Cypress Semiconductor Design Team Locating at LindenPointe
Officials tout new high-tech tenant
Officials stop in at planned tech park
Partnerships made tech park possible


Hermitage / Sharon, PA
Governor Rendell Brings Money to the Valley

Sharon-Herald - August 5, 2008
LindenPointe, Lofts projects funded
By Courtney L. Anderson, Herald Staff Writer


Gov. Rendell


Gov. Ed Rendell arrives in downtown Sharon Monday morning to deliver more than $4 million for development
in Mercer County.
Photo: Sharon-Herald

 


Gov. Ed Rendell stopped by downtown Sharon Monday with more than $4 million for development in Mercer County. Rendell presented Sharon Mayor Bob Lucas with $3 million to help revitalize the downtown riverfront through construction of the eight-story Lofts at Centre City at Shenango Avenue and Pitt Street. The funding is from the Rural Community Assistance Program, which also paid for improvements along Shenango Avenue and the Shenango River in recent years.

The Governor gave a $1.25 million grant to the city of Hermitage for the Tech Innovation and Development Center being planned for LindenPointe technical business park. He said the hope is that the center will create 250 jobs in the area. “We want to arm our workers with the skills to remain competitive in the knowledge-based workplace,” said Eric M. Karmecy, assistant director of workforce development for West Central Job Partnership, which is involved in developing the center. Construction could begin in early 2009, said Hermitage assistant city manager Gary Gulla. “We’re pretty excited about it,” Gulla said of the regional project that will help the area compete in the global economy. Butler County Community College at LindenPointe is part of the development, too, and President Nick Neupauer said the college can serve as a niche for workforce development.

Shenango Associates partner Greg Koledin said they plan to break ground next month on the building, which will include retail, office and apartment space. Koledin said the Pennsylvania Department of Labor and Industry will be a tenant of the building. Mercer County Commissioner Brian Beader is Koledin’s partner in the development which is part of a $32 million, five-year plan to revitalize the area along the Shenango. The grant announced Monday combined with a $500,000 Housing and Redevelopment Assistance grant and $500,000 from the state’s Growing Greener program will supplement $8 million in private funds and conventional loans to build the Lofts, Koledin said. The building should be finished next spring, he said. Koledin said they’re on a tight schedule and construction got delayed by the permitting process and gathering funding for the project.

A foot bridge from downtown to the Shenango Campus of Pennsylvania State University and other streetscape improvements in the area will be done at the same time. Other upcoming projects include a new roadway to divert truck traffic through downtown and upgrades at the city parking garage, Koledin said. There’s an industrial component in the works, but Koledin declined to disclose details.

The governor’s visit was part of a five-day bus tour announcing$642 million in state grants and loans to expand businesses, improve communities and repair bridges across the commonwealth. The move is expected to spur more than $1.3 billion in private and local investments to keep Pennsylvanians working, Rendell said. About 80 people stood in the heat under tents at the site of the Lofts to hear the governor speak. Lucas introduced Rendell, lauding the governor’s work in recent years. “Our governor — who was mayor of Philadelphia — understands the struggles of a small city,” Lucas said. “On behalf of my small city … we appreciate the governor and what he knows and what he does.”

“Our national economy is in trouble,” Rendell said, adding that he and state legislators decided to do something to stimulate the economy in Pennsylvania. Between April and June the United States lost about 200,000 jobs, Rendell said, while Pennsylvania gained 6,800. “That’s good news and we want to make sure that the good news continues here,” Rendell said. Rendell also spoke about a plan to fix 411 bridges across the state — projects that require enough steel to build four Eiffel Towers — with a total investment of $1 billion including federal funding. He said that Pennsylvania has the highest number of structurally deficient bridges in the country and that an accelerated repair program will fix some that would have had to wait longer for renovation.

The state is spending $13 million to repair 13 bridges in Mercer County. Those include spans in Sharon and Findley, French Creek, Sugar Grove, Lackawannock, Perry, Springfield and Liberty townships. Rendell said 14,000 jobs across the state are supported by the bridge repairs.

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IRT selects LindenPointe to serve Customers around the Country and around the Globe
City of Hermitage Newsletter - July 2008

IRTInformation Resource Technology, Inc. (IRT) is a Wexford, PA based software developer that has had offices in the Shenango Valley area for over 20 years - the last 15 of which have been in the City of Hermitage. IRT provides software products and services to book selling retailers, as well as, to the book publishing community. Recently IRT moved into their new facility in the LindenPointe Innovative Business Campus.

IRT’s primary products are Point of Purchase software tools that enable the retail stores to efficiently conduct sales activity. This suite of software programs also enables the retailer to maintain accurate inventory positions and reorder stock in an intelligent and timely manner. Client retailers exist all over the US as well as the UK, Australia and Pacific Rim countries. Besides the Wexford, PA and Hermitage, PA offices, IRT maintains an office in San Francisco, CA.

IRT also provides a sales data collection software service for book publishers in the US and Canada. Sales data is collected weekly at the Hermitage office from thousands of retail locations in the US and Canada. This product, which provides publishers access to the aggregated sales data over a secure web connection, requires IRT to maintain fast and reliable Internet availability.

IRT President David Walton commented on the move to LindenPointe, “We had to either find new offices in the Hermitage area or relocate the operation to our Wexford, PA, or alternatively, our San Francisco offices. Our local landlord, though extremely accommodating, needed the space we were occupying. After considering all options on a regional and national basis, as well as, the available lease space, we quickly decided that having our own building in LindenPointe was preferable. With our dependence on our reliable web access, we wanted to have the facility under our control.”

Working with the City of Hermitage and the Shenango Valley Enterprise Zone Corporation (SVEZC) a suitable arrangement was worked out that enabled IRT to construct new offices in LindenPointe at a reasonable cost. Said Walton, “Everyone was very cooperative. The project couldn’t have been done without the help of all involved. This building, and the new high technology environment the City is building, should enable us to become a permanent part of the community and enable our business to thrive.”

James Cardamon, SVEZC Coordinator, lauds the project as an example of the SVEZC partnership success. He said, “The project is the economic development system at work…The zone is proud to collaborate on a project of this nature to provide IRT the necessary assistance to develop quality employment opportunities for the area residents”.

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HERMITAGE, PA
LindenPointe awarded federal grant


Sharon Herald – Saturday, June 21st

The final piece of funding for a Hermitage technology center fell into place Friday when the project was awarded an $800,000 federal grant. Funds for the $1.2 million project at LindenPointe Innovative Business Campus were awarded through the U.S. Department of Commerce’s Economic Development Administration, said U.S. Reps. Jason Altmire, D-4th District, and Phil English, R-3rd District.

With federal funding now earmarked to construct the 5,000-square-foot building, the learning center could open as early as the fall of 2009, said Gary Gulla, coordinator of the project. Architects will now begin work on completing the building’s design. Other funding sources included the city of Hermitage and the Appalachia Regional Commission. The concept of the center is for various teaching institutions –– such as Thiel College, Penn State, Butler County Community College and Precision Manufacturing Institute –– to offer courses and job training in electronics. In the first year of operation, the goal is to train 250 to 300 students.

One possibility for the center is to offer video conference classes whereby students are seated in a classroom at the Hermitage center while watching a teacher lecture from another campus on a monitor. Over a four-year period, there has been a 38 percent increase in electronics jobs in Mercer and Lawrence counties, Gulla said. “We felt this was an area that could reward us with business expansions and good-paying jobs that are competitive in a global market,’’ Gulla said. “It would also be a magnet to attract new industries in the electronics field. There are pretty much endless opportunities here.’’

Training & Workforce Development Building

 

LindenPointe Training & Workforce Development Building
Conceptual Building Elevations

Click here for larger picture.

 

 

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Altmire, English Announce $800,000 for Hermitage Technology Center

FOR IMMEDIATE RELEASE
June 20, 2008

CONTACT:
Tess Mullen (Altmire), 202-225-2565 Julia Wanzco (English), 202-225-5406

ALTMIRE, ENGLISH ANNOUNCE $800,000
FOR HERMITAGE TECHNOLOGY CENTER

(Washington, D.C.) -- U.S. Congressmen Jason Altmire (PA-04) and Phil English (PA-18) today announced that Hermitage is receiving $800,000 in federal funding for the construction of a technology innovation and development center at the LindenPointe Innovative Business Campus. These funds were made available through the U.S. Department of Commerce's Economic Development Administration. The funding is expected to lead to 200 new jobs and $2 million in private investment for the project.

"The construction of a technology innovation and development center at LindenPointe will create jobs and spur economic growth in Mercer County," Altmire said. "This federal funding will help develop this proposed center into a valuable asset for the community and an anchor that can draw new businesses to the area."

"Today's announcement is a real win for Mercer County and the surrounding region," English said. "This critical funding will bolster the development of a technology innovation and development center at LindenPointe, helping to boost economic development and create more good paying jobs for local residents."

LindenPointe is a 115-acre innovative business campus designed to draw more small and medium-sized businesses to Mercer County. The new center receiving the funding that Congressmen Altmire and English announced today will provide training opportunities to enhance the emerging semi-conductor / electronics and biomedical / biotechnical clusters being housed at LindenPointe.

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Tech Park Growing
Office building to go up at LindenPointe

By Joe Pinchot
Herald Staff Writer
April 8th, 2008



This drawing by HHSDR Architects of Sharon shows what the new two story office building in LindenPointe technical business park in Hermitage will look like when completed. The building’s developer, Hudson Holding Co. of Hermitage, is calling the building Hickory Court.


 

Hudson Holding Co. is planning to put up a medical and professional building in the LindenPointe technical business park in Hermitage.

Monday, Hermitage Planning Commission recommended approval of a land development plan for the project.

The two-story, 15,856- square-foot building, named Hickory Court, will have a conference room, lobby and restrooms available to all tenants.

“We had a couple of clients that were interested in that location,” Eric J. Hunter, partner in Hudson Holding Co., Hermitage, said of the company’s decision to build.  He called the site at Presidential Boulevard and Innovation Way “one of the nicest” in the city because of its location near South Hermitage Road and visibility from that road.

The company has no space available in its other buildings, Hunter added. Hudson has verbal commitments from a couple of potential tenants, but Hunter said he cannot name them because the project is not far enough along for leases to be signed.

Even if those clients sign leases, there will be rentable space available in the building, and Hudson will complete those portions of the building
to suit the needs of clients, Hunter said. The building will face the corner and have a trail on its south side.

Hudson plans to start construction in May. Work will take about seven months. The company bought the property from Frederick George’s KAKE Inc. for $153,000.


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Novocell Semiconductor is creating the future
By Holly Mantle
Marketing and Communications Coordinator

It all begins with expertise, imagination, and dedication.

Founded in 2001 by President and CEO David Novosel, Novocell Semiconductor Inc. provides advanced memory solutions to the semiconductor industry.

While the Pittsburgh and Mercer County region is not known for its semiconductor industry, Novocell is quickly changing this perception. Located in Hermitage, Novocell has become the foundation of a rapidly growing semiconductor industry in the state. With their invention of NovoBlox One-Time-Programmable (OTP) Memory, Novocell is proving that you do not have to be in Silicon Valley to make an impact on this industry.

In 2005, Novocell expanded their operations and established its headquarters in LindenPointe Innovative Business Campus, a 115-acre technical park. Novocell currently employs eight people and is a privately held company.

As a member of the Technology Collaborative, Novocell maintains a strong network of technical experts that it leverages to drive innovation in its solutions. Included in this network are researchers and developers from Carnegie Mellon University, Penn State University, the University of Pittsburgh and other TTC member companies.

Novocell's core is its innovative and dedicated design who have extensive experience in custom memory development. Novocell's design team is committed to first pass silicon success. Novocell's memory designs have been adopted by many leading semiconductor companies.

Novocell has also recently engaged Soliton Systems K.K. to distribute its products in Japan. Novocell is a member of the Fabless Semiconductor Association (FSA).

In October 2006, Novocell introduced its innovative NovoBlox One-Time-Programmable (OTP) Memory to the semiconductor industry at the Fabless Semiconductor Association (FSA) Suppliers Expo and Conference in San Jose, California.

With the national release of this product, Novocell Semiconductor has positioned itself as a significant memory intellectual property (IP) provider in the semiconductor industry.

NovoBlox OTP Memory is a type of memory that can only be written once and then cannot be changed again. The memory is similar to writing a letter in ink rather than in pencil because permanent ink cannot be erased.

NovoBlox memory is implemented in a wide range of electronic devices such as MP3 players, hard disk drives, LCD displays and cable television and satelite receivers. NovoBlox is vital to the reliability and high-performance capabilities of these electronic devices.

In 2007, Novocell will generate increased exposure and gain new customers for NovoBlox memory through participation in industry seminars and conferences. Novocell's design team will continue to enhance the memory technology to provide customers with an innovative and reliable memory block.

An exciting project for Novocell in 2007 will be expanding its reach into the global marketplace and introducing NovoBlox internationally. While the company has established a presence in Japan through Systems K.K., a Japanese distributor, Novocell is now prepared to introduce its memory technology to companies in Europe and Asia.

Novocell Semiconductor is able to communicate with and compete against businesses from across the nation and world because of technological advances.

With the advent of the Internet, getting in contact with potential customers and business partners has never been easier. Novocell hopes to be an example to others who wish to start a technology company in the Mercer County area. Indeed, the world is flat and the playing field has been leveled.

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When funding comes in, tech center to go up
By Joe Pinchot
Herald Staff Writer

Although funding to build a new technology center in the LindenPointe technical business park has not been found, Hermitage city officials want to make sure that, once money is available, they will be able to act quickly.

HHSDR Architects/Engineers, Sharon, who presented their near-final design Thursday to the members of the Hermitage Community and Economic Development Commission, will have bid documents and specifications done by the end of the month.

If the money comes, construction could start within two months of the availability, said HHSDR President J. Greer Hayden.

City officials received two state grants to design the center, and have two applications in to the state and federal governments to build it.

Assistant City Manager Gary M. Gulla said he has gotten positive feedback and requests for more information from potential funding agencies, but no definitive answers to the applications. He said he hopes to hear something this year.

"At this point, our schedule is at the mercy of the speed of the funding vehicles," he said.

He noted that much of the federal money would be tied to education and/or training, which would make it more likely usable for a future phase to expand the center or build a separate building.

Officials and HHSDR representitives have been meeting with employees of Cypress Semiconductor and Novocell Semiconductor, both of which are in LindenPointe; Pine Instrument Co., Grove City; and Wintronics, Sharon, to develop ideas for use and layout of the building.

"The collaboration that has gone on has been truly excellent," said Sam Giannetti of the West Central Workforce Investment Board, which received a $98,000 state grant to complete the design.

The Tech Center plans show it having two incubator suites for startup companies, a testing laboratory for use by high-tech industries, a distance learning center where a college or or other educational training agency could hold classes, possibly using the testing lab, and a reception area with restrooms, a fireplace, and other amentities for all tenants.

The floors would be exposed, stained concrete instead of carpeting or flooring to better handle the traffic of companies moving equipment in and out, and there would be no ceilings leaving exposed electrical connections that could be strung wherever tenants need them.

The site will soon get a sidewalk and a part of its entranceway as that work was built into a state grant to extend the trails for walking, hiking and biking in LindenPointe, Hayden said. The city recently awarded a contract for the work.

Architects used "green" design principles, such as calling for recycled materials, materials that do not impact the environment and local materials to minimize transportation, Hayden said.

Architecturally, the gently curving building will have a nearly two-story lobby and "lots of glass, lots of light coming into these spaces," said HHSDR Vice President Matt Franz.

HHSDR estimated the building would cost $2.5 million to build, and another $800,000 for testing equipment, furniture, utility and design fees and other costs.

Because no one knows when the center could be built, HHSDR included a $138,000 line item for the likelihood that construction costs will go up, on top of a $125,000 contingency fund.

The budget will be updated over time, Hayden said.

Commission Vice President George Kraynak said the center would be a "real asset" to the park.

Giannetti noted that the center plans have been driven by the electronics industry, which Gulla said has grown by 36 percent in the Pittsburgh to Erie region over the last four years. It is one of the industries city officials hope to attract to LindenPointe, and have been successful in doing with Cypress and Novocell.

"This project takes advantage of a trend," Giannetti said. "It's not trying to develop something from nothing."

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The Commonwealth of Pennsylvania Department of Labor and Industry - Industry Partnership Grant
State and County Officials Provide Support and Resources to Assist Community and Economic Development

Pictured Below: Samuel Giannetti, Executive Director West Central Job Partnership; Angela Palumbo, Site Administrator, Mercer County CareerLink, Mercer County Commissioner, Olivia Lazor; Sandi Vito, Deputy Secretary for Workforce Development, Pennsylvania Department of Labor and Industry; Gary Gulla, Assistant City Manager; Larry Reichart, Executive Director, Penn-Northwest.

 
The West Central Workforce Investment Board (WIB) announced at its January 11th meeting that it was the recipient of a PA Department of Labor and Industry $98,000 grant to promote an Electronics/Semiconductor Industry Partnership. The WIB, Penn-Northwest Development Corp., Mercer County CareerLink and the City of Hermitage have facilitated a partnership including business and educational representatives throughout the area to develop strategies to assist local growth in this emerging industry cluster. This builds on a previous WIB Workforce Leadership Initiative which recommended the establishment of a Technology Center (“Tech Center”) located on the grounds of the LindenPointe Campus on Route 18 in Hermitage and the recently completed “Conceptual Design and Feasibility Report” which was funded, in part, through a Department of Community and Economic Development Grant. The Industry Partnership funding was awarded based on a recent presentation to Labor and Industry officials. Representatives of the WIB, Penn-Northwest Development Corp., Mercer County CareerLink, Butler County Community College and the City of Hermitage presented the LindenPointe developments, including the results of the “Conceptual Design and Feasibility Report”, to Sandi Vito, Deputy Secretary for Workforce Development. Local officials are pleased with the continued support from the Commonwealth and feel fortunate to have the interest and “hands-on” involvement of Secretary Vito.

The Industry Partnership Grant will be used for the planning and design of the technology center with input from relevant educators and private sector participants. The electronics industry representatives will provide the steering committee with the technology and knowledge to direct the facility design decisions. The process is scheduled to start immediately and be completed by June 30th.

The WIB has approved the West Central Job Partnership, Inc. to contract with the City of Hermitage to begin this process. WCJP serves as fiscal agent for workforce development funding for Mercer and Lawrence Counties.

The Tech Center project is an initiative driven by regional economic development and workforce partners to develop a facility at LindenPointe to assist technology and innovation focused business development. The conceptual design phase of the Tech Center project included key company and key partner interviews to determine the appropriate programmatic use for a technology center at LindenPointe and explored potential private, educational, technology, training and workforce partnerships in the region. The investment in the Tech Center will provide the resources to the emerging high-tech business that will foster technology development and invention by providing the tools (work stations) and education resources necessary (training and state-of-the-art electronic infrastructure for information and communications).

The construction of the Tech Center facility at LindenPointe is a regional funding priority and the Northwest Commission adopted the project as an EDA/ARC priority for the 2005/06 program year.

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Technology center seen as key to diversify economy
By Joe Pinchot
Herald Staff Writer

Hermitage city officials are under no illusions that building a technology center in the LindenPointe technical business park will be easy.

As they look for funding from federal and state governments, businesses, educational institutions and other agencies, officials understand how the decisions on whether to fund the project will made.

"In the end, it's going to be a financial decision," said Assistant City Manager Gary M. Gulla. "Is there a benefit there to justify an infusion of dollars?"

City officials believe the benefit of the tech center will reverberate beyond the boundaries of the city and Mercer County. It gives the region an opportunity to diversify the economy, Gulla said.

The 10,000-square-foot center, for which the city received a grant of $25,000 to design, could house start-up businesses, classrooms and research centers. City officials have set aside about seven acres in LindenPointe for the center, any future expansions and buildings for related applications that could be put up by non-city entities.

The city's focus will be on finding money to build the center. City officials in September 2004 applied for federal funding, but an answer on that application is on hold. The Bush administration has proposed cuttin, scaling back or reconfiguring a host of federal programs, including the two being asked for tech center funding: Appalachian Regional Commission and the Department of Commerce's Economic Development Administration.

The city can only wait to see how the budget discussions will play out, Gulla said.

Several state agencies could be asked for funding, and private contributions will also be sought, he said.

HHSDR Architects/Engineers, Sharon, estimates it will take about $2.7 million to build the center, which includes $74,000 for special construction of the research labs and $250,000 for technology-related testing equipment.

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Governor Rendell Announces Thirty-Five New Jobs in Mercer County
Novocell Semiconductor to Expand and Retain Jobs

 
HERMITAGE, MERCER COUNTY: Governor Edward G. Rendell today visited Hermitage, Mercer County, and announced that Novocell Semiconductor will expand its operation at a site within LindenPointe Innovative Business Campus, creating 35 jobs and retaining five jobs.

“Creating and retaining jobs is the top priority of my administration because it is pivotal to Pennsylvania’s economic success,” said Governor Rendell, who was joined by Secretary of Community and Economic Development Dennis Yablonsky. “Today, I’d like to thank the folks from Novocell for their commitment to helping Pennsylvania do both. Its decision to expand its operation creates new jobs and is just one more indication that Pennsylvania is a world technology leader.”

Novocell Semiconductor, based in West Middlesex, Mercer County, provides memory products to the semiconductor industry. The company’s non-volatile memory technology increases the speed and efficiency of the chip design process, giving semiconductor designers the ability to develop cutting edge components. Its “system-on-a-chip” components result in smaller digital handsets, faster data networking equipment, more advanced gaming devices and more integrated digital imaging solutions.

The Governor’s Action Team, economic-development professionals who report directly to Governor Rendell, worked with Novocell Semiconductor to support its expansion in Mercer County. The Department of Community and Economic Development has agreed to provide a $156,000 financial package that includes a $100,000 Opportunity Grant; $35,000 in job creation tax credits; and a $21,000 training grant through the Workforce and Economic Development Network (WEDnet).

Governor Rendell also talked about his unprecedented economic-stimulus program following the initiative’s recent approval by overwhelming, bipartisan majorities of the state Senate and state House of Representatives.

By leveraging up to $2 billion in grants, loans and guarantees over the next three years, the stimulus plan will generate an anticipated $5 billion in private-sector investment to help start new businesses in Pennsylvania and help existing companies expand here. The stimulus plan will build on existing programs, such as those offered by the Governor’s Action Team to Novocell.

“We now have a Plan for a New Pennsylvania, and the tools we need to build it together,” said Secretary Yablonsky. “This stimulus plan will focus resources on economic and community-development projects across the state, spurring growth and creating new opportunities for Pennsylvanians.”

The following economic stimulus programs were recently passed by the full Legislature: Business in Our Sites; Building PA; New PA Venture Guarantee Program; New PA Venture Capital Investment Program; First Industries Fund; 2nd Stage Loan Program; Tax Increment Financing Guarantee Program; and the Infrastructure & Facilities Improvement Program.

These programs join other pieces of the overall stimulus program passed in December and February, including the Elm Street program, Keystone Innovation Zones, the expanded Research and Development Tax Credit, the Base Retention and Conversion program and Core Industries.

Only two programs in the Governor’s stimulus package are still pending:

PennWorks, which will provide $250 million worth of loans and grants to job creation projects that require improvements in water and sewer systems. The Legislature has approved a statewide referendum on whether to adopt this program. The vote is April 27.

The Redevelopment Assistance Capital Program, a Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic and historical improvement projects.

The majority of the package programs will be administered through the Department of Community and Economic Development. The new legislation also includes the creation of a Commonwealth Financing Authority that will be responsible for financing and oversight of the programs.

In addition, to help Governor Rendell revive the state’s economy, Citizens Bank of Pennsylvania recently launched an unprecedented public-private partnership with the Commonwealth – the Citizens Job Bank -- in which Citizens will offer $100 million in loan funds at an extremely low interest rate to companies that commit to creating or expanding jobs in Pennsylvania.

The Citizens Job Bank requires borrowers to create a minimum of one full-time job for every $25,000 borrowed at the unmatched interest rate of 2.5 percent. The Bank’s goal is to create more than 4,000 jobs in Pennsylvania within three years. Citizens is waiving all fees traditionally tied to loan applications as an added incentive.

For more information on Department of Community and Economic Development programs, visit
www.newPA.com, or call 1-866-GO-NEWPA (1-866-466-3972).

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City of Hermitage and Penn-Northwest Development Corporation Announces Cypress Semiconductor Design Team Locating at LindenPointe
Media Release: October 21, 2004

 
HERMITAGE, MERCER COUNTY, PA: City and Penn-Northwest officials visited LindenPointe this week to welcome the newest technology company, Cypress Semiconductor to the LindenPointe Planned Technology Park. Cypress, a leader in the semiconductor design industry, has located an engineering design team in the building with Novocell Semiconductor.

Tim Fiscus, Principal Design Engineer, commenting on his decision to locate at LindenPointe “I am pleased to be located in the LindenPointe Park and appreciate all of the help that I have received in opening our office. I feel that this technology park and the community is a great place to be located."

The local Cypress design team is responsible for designing state of the art memory products for next generation mobile applications.

Cypress Semiconductor Corp. (NYSE:CY) is Connecting From Last Mile to First Mile (TM) with high-performance solutions for personal, network access, enterprise, metro switch and core communications-system applications. Cypress Connects (TM) using wireless, wireline, digital and optical transmission standards, including USB, Fibre Channel, SONET/SDH, Gigabit Ethernet and DWDM. Leveraging its process and system-level expertise, Cypress makes industry-leading physical layer devices, framers and network search engines, along with a broad portfolio of high-bandwidth memories, timing technology solutions and reconfigurable mixed-signal arrays. More information about Cypress is accessible online at
www.cypress.com.

Larry Reichard, Executive Director, Penn-Northwest Development Corporation (PNDC) commenting on the announcement said “Creating quality employment opportunities is the top priority of PNDC because it is pivotal to Mercer County and western Pennsylvania’s economic success” and thanked Cypress for their commitment to and its decision to locate their operation in Hermitage. City of Hermitage Board of Commissioners President Sylvia A. Stull added “…the addition of technology companies like Cypress is not only a primary goal of the City, but certainly justifies the City of Hermitage financial and staff commitments to LindenPointe …”

The LindenPointe Planned Technical Park is a collaborative effort between the Commonwealth of Pennsylvania, KAKE Development, Inc., the City of Hermitage and the Penn Northwest Development Corporation to create a new vitality for economic development in the region. The Commonwealth of Pennsylvania has invested $2.5 million in LindenPointe assisting the local partners with site acquisition and infrastructure development to bring to the market a high-end, shovel-ready, mixed-use planned technical park. The LindenPointe project is a model $6 million public-private economic development initiative. LindenPointe is now on the move, driven by a partnership effort to help businesses grow, to increase the number of small and medium sized entrepreneurial businesses in the region, to diversify the local economy and to create quality employment opportunities in the community.

Governor Edward G. Rendell had visited Hermitage in April and announced the Novocell Semiconductor project which is expanding its operation at a site within LindenPointe Innovative Business Campus, creating 35 jobs and retaining five jobs. Today’s announcement of the Cypress project, in conjunction with the Novocell project, builds momentum for LindenPointe and has the local economic development partners excited about the park’s future.

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Officials tout new high-tech tenant
The company will create 35 good-paying jobs over a three-year period.
By Harold Gwin
Vindicator Sharon Bureau


 
It's not often that the state's chief representitive shows up for the announcement of a local company's expansion project, but Gov. Ed Rendell did just that.

Rendell and Dennis Yablonsky, secretary of the Department of Community and Economic Development, were the guests of honor at LindenPointe Innovative Business Campus on Pa. Route 18 Tuesdayfor an announcement that Novocell Semiconductor Inc. will be the planned technical park's first industrial tennant.

Novocell is a high-tech operation that develops advanced memory technology and solutions for the semiconductor computer chip industry.

It has its headquarters in Pittsburgh and operation on Mercer-West Middlesex Road just outside of West Middlesex as well as a design center in Austin, Texas.

All of those operations will be combined into one new facility at LindePointe by the end of the year, says D. Chris Keil, president and chief executive officer.

LindenPointe is a joint project of the City of Hermitage and KAKE Development Inc. of Hermitage.

Announcement

Rendell was on a tour of western Pennsylvania touting his recently passed $2.3 billion economic stimulus package and took the opportunity to show up for the Novocell announcement.

He outlined the stimulus package but left the Novocell announcement to Yablonsky.

Novocell is exactly the type of company the state is hoping to bring into Pennsylvania, Yablonsky told a group of about 100 community and business leaders gathered under a tent adjacent to the company's new home.

The company expects to add 35 jobs over a three-year period, he said.

Keil said Novocell has eight employees now and the new positions will pay between $50,000 and $125,000 a year.

Bringing that type of income to the area will help the community and foster additional business development in the region, Keil said, calling his comapny the "poster child" for economic development here.

The Arrangement

Novocell won't own its building but will lease space from SEED, Subscribers Encouraging Economic Development, a local non-profit development group committed to helping industrial development and job creation in the Shenango Valley area.

SEED is putting up the $1.2 million to construct a two-story, 8,000-square-foot building which will house Novocell and have room for a second company.

Keil said Novocell will invest about $2 million in locating to LindenPointe.

It's getting some government help, about $175,000 from the state's Ben Franklin Project and an additional $150,000 from the Penn-Northwest Development Corp., but is handling the rest of the cost on its own.

Keil said the company expects to have $5 million in revenue in 2005 and $15 million within five years.

Rendell said this visit was the first of that he hopes will be many to announce other projects and state aid for the area.

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Officials stop in at planned tech park
The city is reviewing a land development plan for a second tenant in the park.
By Harold Gwin
Vindicator Sharon Bureau


 
State Sen. Robert Robbins of Greenville, R-50th, and State Rep. Michael Gruitza of Hermitage, D-7th, were strong supporters of a $1.5 million state grant to help finance infrastructure improvements at LindenPointe.

In a Friday visit to the planned 117-acre technical park site on PA Route 18, they got a close-up look at some of that work.

"Look at the location. A brand new highway right down here," Gruitza said as he looked toward nearby Route 18, which the state recently widened from two to five lanes.

LindenPointe is a little over one mile from Interstate 80.

Robbins praised Hermitage for stepping forward to take an active role in getting the park ready for development.

Partnership

The city is in partnership with KAKE Development Co. of Hermitage in the project. The key is that local involvement, Robbins said.

The state put $1.5 million into the project, and the city and KAKE came up with $500,000 more for infrastructure work.

Gary Gulla, assistant city manager, said the work began in February and will be completed by Nov. 1.

It includes building a mile of access roads, a mile of storm and sanitary sewers, sidewalks, paved walking trails and landscaping.

The sanitary lines are done, and the storm sewers are 98% complete. Contractors are working on the access road, and separate contracts are financing the installation of water, electical and natural gas lines, he said.

The park has one tenant so far - Regional Cardiology Associates - but a land development plan is in the works for a second tenant in the technology field, Gulla said.

The deal hasn't been finalized but it could produce up to 40 jobs, he said.

Robbins said LindenPointe is unique in that there are no other planned technical parks in this region of Pennsylvania. High technology companies want the infrastructure in place before they come in, he said.

The state stands ready with more assistance in the form of state grant and loan programs as well as specialized job training funds that can help developments in the park, he said.

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Partnerships made tech park possible
By Joe Pinchot
Herald Staff Writer


LindenPointe is a "model partnership project" with both public and private investment combining to build the technical business park in Hermitage, said Assistant City Manager Gary M. Gulla.

Like just about every other construction project in Mercer County, work to build LindenPointe's infrastructure was delayed by the weather, but Gulla said the major work will be completed by Nov. 1, the hoped-for completion date.

"We're really pushing to get the site ready," he said. "Up until a month ago, they were on schedule."

Rudzik Construction of Struthers, Ohio, has already installed water and sewer lines. Work has begun on roads, but utility companies have not had a chance to install their services.

Still, Gulla says he expects only landscaping and construction of a walking trail will be left to do on Nov. 1.

"It will be a usable, functional site by then," he said.

The city's partners are KAKE Development Inc., which initiated the project several years ago when Fred George bought the first new acres. All told, KAKE and the city owned 115 acres.

The state also provided some of the funding for the infrastructure work, along with the city and KAKE.

The total project amounts to about $2 million.

State Sen. Robert D. Robbins, Salem Township, R-50th District, said the leadership of KAKE and the city was vital.

"The most important thing is the local community," Robbins said Friday, as he visited the site with state Rep. Michael C. Gruitza of Hermitage, D-7th District. "There's a huge investment here in sewer and water."

But that's what it takes to attract developers, he said, particularly those LindenPointe wants to cater to: the technology and research industries.

"You don't need to be in Silicon Valley today," he said. "People have the chance today to go where they want to have the lifestyle they want to live."

Gulla said he's excited about some of the companies that have inquired about LindenPointe, especially considering the site is not ready and marketing has been limited.

The city has also talked about tinkering with zoning and offering tax abatements in part of the park.

A public hearing will be held at 1 p.m. Monday in the city building to define a proposal for the tax-abatement area.

LindenPointe's website, developed by intern Laura Slovesko, is
www.lindenpointe.com.

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http://www.lindenpointe.com/