Lehigh Valley Economic Development Corporation

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LVEDC News

Lehigh Valley’s GDP Reaches $34.3 Billion, Continuing Pattern of Growth

Colin McEvoy
Administrator

April 14th, 2015
News
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The Lehigh Valley’s GDP has risen to $34.3 billion, continuing a near-constant rate of growth for the region each year over the past decade, and making the region’s economy larger than that of 102 other countries in the world. The region’s gross domestic product for 2013, the most recent measurable year, is 9.65 percent higher […]

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Current State of Lehigh Valley Office Market to be Discussed at LVEDC Event

Colin McEvoy
Administrator

April 14th, 2015
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The Lehigh Valley Economic Development Corporation‘s (LVEDC) Brokers & Developers Council invites you to attend an update on the current state of the Lehigh Valley office market. The Council will host its first event of 2015 at Lehigh Valley Corporate Center. A panel of experts will present information on the current office market. Panel members […]

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Leading Supplier of Mission-Critical U.S. Navy Pumps Makes Lehigh Valley its Home

Colin McEvoy
Administrator

April 8th, 2015
News
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The nation’s leading supplier of mission-critical pumps for the U.S. Navy’s aircraft carriers and submarines are now making those products in the Lehigh Valley. The Curtiss-Wright Corporation, a global innovative company that delivers highly-engineered, critical function products and services to the commercial, industrial, defense and energy markets, held a grand opening for its new Bethlehem […]

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LVEDC Business Profile: Small Parts for the Most Demanding Applications

Colin McEvoy
Administrator

April 7th, 2015
News

Sussex Wire’s products serve everything from the medical and automotive industries to aerospace and military applications. They are used in such devices as surgical equipment, hypodermic needles, computer circuit boards, battery terminals, vehicle airbags and missile defense electronics. Their products are also extremely small in scale: some as small as 2 or 3 human hair […]

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Free Seminar and Lunch to Focus on Southside Bethlehem KIZ, Tax Credits

Colin McEvoy
Administrator

April 7th, 2015
News
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If you’re an entrepreneur or a technology-oriented business looking for ways to help your company thrive in the Lehigh Valley, then this upcoming seminar might just be perfect for you. Lehigh University will host a free informative seminar and lunch on April 22 about the Southside Bethlehem Keystone Innovation Zone (KIZ) and Research and Development […]

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Hospital Central Services Breaks Ground on $10.5 Million Expansion

Colin McEvoy
Administrator

March 31st, 2015
News
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They’ve been in the Lehigh Valley for nearly five decades, and thanks to a $10.5 million expansion project, they’ll be in a position to stay here for decades more to come. Hospital Central Services Inc. (HCSC), an industrial laundry processing and linen service company, held a groundbreaking ceremony Tuesday afternoon for a 21,000 square-foot addition to […]

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New Video, Photos Highlight the Lehigh Valley’s Monumental Transformation

Colin McEvoy
Administrator

March 31st, 2015
News
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The last two decades have been a time of monumental transformation for the Lehigh Valley. As Don Cunningham emphasized during the LVEDC Annual Investors Meeting and Awards ceremony, the region has seen a tremendous resurgence over the last 20 years, reinventing itself after the closing of Bethlehem Steel into a diversified and multi-faceted economy with […]

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Lehigh Valley has Best Post-Recession Job Growth of Any Major Pennsylvania Region

Colin McEvoy
Administrator

March 31st, 2015
News
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No major region in Pennsylvania has experienced greater post-recession job growth than the Lehigh Valley. While most metropolitan areas in the state have less jobs today than they did before the Great Recession began, the Lehigh Valley has nearly 3 percent more jobs, the highest increase of any major Pennsylvania region. In addition, the Lehigh […]

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New Lehigh Valley Lending Network to Help Companies Locate, Expand in the Region

Colin McEvoy
Administrator

March 30th, 2015
News
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The Lehigh Valley Economic Development Corporation (LVEDC) is taking on a new role in helping companies make their dreams of locating and expanding in the region come true. Starting April 1, LVEDC will launch a Lehigh Valley Lending Network, which will offer a single point of access to both private and public financing options to […]

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LVEDC Loans & Interest Rates

Details Here

Type Rate Date
PIDA 2.25% 4/15/15
SBA 504 4.79% (20 years) 4.40% (10 years) 4/15/15
PIDA: SBFF 3% 4/15/15
PIDA: MELF 3% 4/15/15