Governor Wolf: Manufacturing Startup Selects Northampton County for First Operation in Pennsylvania

first_img Press Release,  Workforce Development Harrisburg, PA – Today, Governor Tom Wolf announced that IQ Fibers, a start-up cellulose fiber manufacturer, selected Northampton County to establish its first manufacturing operation in Pennsylvania. The project will support the creation of 43 jobs.“The investments our administration is making in our business sector represent significant opportunities for the commonwealth to grow and prosper,” Governor Wolf said. “Their success will turn into a stronger economy and new opportunities for job creation and retention in Pennsylvania.”IQ Fibers will lease a 45,000-square-foot building in West Easton Borough and has committed to investing at least $5.4 million into the project. The project, which is expected to create 43 new, full-time jobs, includes leasehold improvements and the purchase of new machinery and equipment.“This is an exciting day for the team here at IQ Fibers,” said George Day, CEO of IQ Fibers. “We are extremely proud of our facility and the highly engineered cellulose fiber products we manufacture. With the market demand for more environmentally friendly solutions, we believe this is the right time and place to launch our company. We greatly appreciate the assistance of the Governor’s Action Team and Governor Wolf’s commitment for business growth.”IQ Fibers received a funding proposal from the Department of Community and Economic Development for the project. The proposal includes an $86,000 Pennsylvania First grant, $86,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs, and a $32,550 workforce development grant to help the company train employees. The company also was encouraged to apply for a $400,000 low-interest loan through the Pennsylvania Industrial Development Authority. The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the Governor and work with businesses that are considering locating or expanding in Pennsylvania, with additional coordination provided through the Lehigh Valley Economic Development Corporation (LVEDC).“We’re very pleased that IQ Fibers has decided to establish its first Pennsylvania manufacturing operation here in the Lehigh Valley, where manufacturing is alive and well,” said Don Cunningham, President and CEO of LVEDC. “Manufacturing accounts for $7.4 billion of the region’s $40 billion GDP, making it our second-largest economic sector. We welcome IQ Fibers to our family of manufacturers.”IQ Fibers is a start-up cellulose fiber manufacturer. Their line of products includes high-quality cellulose insulation and absorbents that are sold to distributors, contract installers and end users, as well as government weatherization agencies, utility companies, and related programs.For more information about the Governor’s Action Team or DCED, visit dced.pa.gov. Governor Wolf: Manufacturing Startup Selects Northampton County for First Operation in Pennsylvania SHARE Email Facebook Twittercenter_img July 09, 2019last_img read more

Real Madrid Logo Won’t Feature Christian Cross

first_imgBut Marka Vice Chairman Khaled al-Mheiri told Reuters by phone Real Madrid has two versions of the crest for the Middle East market and that Marka would use the one without the Christian cross due to cultural sensitivities.“We have to be sensitive towards other parts of the Gulf that are quite sensitive to products that hold the cross,” said al-Mheiri, who owns a Real Madrid cafe in Dubai.The six Gulf Arab countries where Marka will sell and distribute Real Madrid products are all Muslim-majority.The redesigning of the crest would require only a minor change. The original features a very small Christian cross at the top of a crown on the crest.The agreement allows Marka to sell clothing such as t-shirts, polo shirts and swim wear featuring the Real Madrid name and crest. Sales will start by March, al-Mheiri said.The deal does not cover replica jerseys, which are sold in Dubai featuring the cross.Real Madrid did not immediately respond to an emailed request for comment.But it is not the first time the symbol has been altered.In 2014, Real Madrid removed the Christian cross from its crest when used by its sponsor the National Bank of Abu Dhabi .Dubai-based airline Emirates is Real Madrid’s main shirt sponsor, while the club is also sponsored by Abu Dhabi investment fund IPIC.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The club crest of Spanish soccer team Real Madrid will not feature the traditional Christian cross on clothing sold in some Middle East countries under a regional deal.Marka, a retailing group in the United Arab Emirates, has been granted exclusive rights to “manufacture, distribute and sell Real Madrid products” in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman, the company said in a statement on Tuesday.last_img read more