New York Times Says Butter Made from Chester County Cream Worth Charging For
You would normally expect bread and butter in restaurants to be free, but Razza Pizza Artigianale, in Jersey City charges four dollars for it. Why you may ask? The reason is that the butter that accompanies the wood fired bread is made from grass-fed cows from Chester County. According to patrons you will not have had butter this good unless you were a young farm raised child.
The butter is devoured by everyone who tastes it, and the secret is the cream cultured with lactobacillus sourced from Chester County, which gives it a distinct cheese like taste making it the ideal complement to bread. The chef, and co-owner Dan Richer, is known as the Jiro of bread and butter making, a reference to a perfectionist Japanese sushi chef Jiro, immersed himself in the science of fermentation and bread-making until had perfected his product and its sources, creating a product more than worthy of its fee.
Stone Masters Awarded Best of Kennett Square 2015 Award
Stone Masters Inc., based in Kennett Square, PA, has been recognized by the Kennett Square Awards Program and received the 2015 Best of Kennett Square Award in the Cut & Shaped Granite category. The award program is dedicated to honoring the achievements of local business, and to identifying businesses that have a program and strategy in place to create long-term value and competitive advantage.
Stone Masters has a specially designed facility that allows it to cut and shape its natural stone countertops and cabinetry using only the finest quality of marble, quartz and granite. Stone Masters plans to build on the award to further reinforce the company’s strive to exceed expectations with their quality cut stones in the future.
Sean Kelly to Lead Kendal Corporation in 2016
The Kendal Corporation, headquartered in Kennett Square, PA, has found a successor for John Diffey, who said he will step down as President and CEO in mid-2016, after more than two decades. The Kendal Corporation is one of the 10 largest non-profit senior living organizations in the United States. The Board has named Sean M. Kelly, currently the Director for New Business Development, as his successor and he will be taking over this critical role next year.
Kelly joined the organization in 2008, and has since been responsible for leading and managing organizational efforts aimed at fostering new opportunities for growth, while supporting planning and development initiatives for existing Kendal communities. He is a well known speaker around the country and internationally, on topics as diverse as senior housing development and organizational management for growth.
Five Successful Years for Trinseo
Formerly Styron, Trinseo is celebrating 5 years in business.
Trinseo, the global materials and manufacturing company of plastics, latex and rubber, headquartered in Berwyn, PA, celebrated its 5th anniversary on Wednesday. Since it was purchased from The Dow Chemical Company by Bain Capital Partners in 2010, Trinseo successfully expanded its operations to over 2,100 employees, in 27 countries at 19 manufacturing locations throughout the world. It also reached $5.1 billion in revenue for 2014.
Over the last five years the company has made sure to become an integral part of world’s automotive market, consumer electronics business, medical applications, and much more. To celebrate the event, Trinseo has released a new logo to be used in conjunction with the standard company logo throughout the year in order to commemorate the company’s 5th anniversary.
New Plans for Vanguard’s Money Market Funds
Vanguard, one of the world’s largest investment companies, laid out plans on Tuesday for its revised Money Market Fund lineup. The changes are in response to new rules set out by the Securities and Exchange Commission in 2014 that require compliance by October 2016.
The new lineup will enable individual and institutional investors to continue to have access to cash management vehicles at a stable $1 net asset value. To achieve this, Vanguard, based in Valley Forge, PA, plans to designate its $133.4 billion Prime Money Market Fund and its six tax-exempt funds as “retail funds“.
It is also reopening its $2.8 billion Federal Money Market Fund immediately. This will result in all investors, including institutional investors, having access to a money fund that will not be subject to the new liquidity-fee or redemption-gate requirements. Vanguard CEO, Bill McNabb, said that “Our retail clients will continue to have the choice to invest in our taxable and tax-exempt money market funds“.
