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Shire Goes On Offensive To Fend Off $46B Takeover Bid
Over the last week Philly.com has kept close tabs on Abbvie’s $46.5 billion takeover initiative to acquire Shire Plc. Shire, officially headquartered in Ireland, has significant operations in Wayne and Exton. The Delaware Valley news site reported over the last week that Abbvie’s three offers to Shire’s board, a fourth is expected in the next week…
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Did You Know?
As they accept their hard-earned college diplomas this spring, Pennsylvania college graduates can know they are in the top five of the nation’s college grads in one dubious category: the amount of college debt they are carrying. According to the Washington Post, Pennsylvania’s newly minted grads trail only Delaware’s and New Hampshire’s college graduates in…
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26 Graduate From Latino Entrepreneur Business Skills Course
The Business Skills for Latino Entrepreneurs classes resulted in 26 business people graduating from the eight-week program. The graduates include Ernestina Aguilar, Juan Carolos Alvarado, Juan Carolos Alvarez, Jose A. Alvarez, Karen Beltrain, Jose Beltrain, Gabriela Castillo, Carolos H. Cedomino, Janet Cordova, Marcela Cruz, Eduardo Cruz, Flavio Cesar Franco, Carolos Gasca, Ilda Gomez, Laura Gonzalez,…
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Philly Fed Sees Economy Growing At A Quicker Pace
After a dismal first quarter, the rate of economic growth this quarter is accelerating faster than the Philadelphia Federal Reserve first anticipated, as it revised its growth rate from 3.0 percent to 3.3 percent, according to a Philly.com report. Expectations for the remainder of the year have also been raised, with the third quarter forecast…
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Fibrocell Is Late In Filing 1Q Report
Chester County cell therapy developer Fibrocell Science Inc. of Exton expects to file its first quarter financial report this week after a five-day delay to fix accounting issues affecting quarterly reports as far back as the third quarter of 2011. Fibrocell advised the Securities and Exchange Commission about needing “additional time necessary to address a…
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La Comunidad Hispana’s Will Produce Food Bank Vegetables
La Comunidad Hispana is taking part in the Chester County Food Bank’s raised garden bed program to produce food for those in need in the community. LCH”s beds were planted at the end of April outside the organization’s offices at 731 West Cypress Street i Kennett Square. “We should start to see vegetables ready for…
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3D Scanning Firm Selects West Whiteland For New Facility
After years of scouring the region for a new site to house its regional research, design and manufacturing operations, FARO Technologies Inc. has picked the 13-acre West Whiteland development near Route 100 and Business Route 30. Later this year the East Marlborough employer of 120 people will move into 73,000 of the 90,000-square-foot facility being…
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Eagles Hope Super Bowl Path Lined With College Graduates
A new strategy is driving the selection of the newest additions to the Philadelphia Eagles roster, and it has little to do with traditional measures of athletic success. “When you look at people who are successful in any profession, it always goes back to college graduates,” Eagles General Manager Howie Roseman said in a Wall…
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Innovative Drive-Thru Lumberyard Opens In Kennett Square
The newest location for Tague Lumber Inc.’s customer-friendly drive-through lumber warehouses for builders, remodelers and homeowners is now open at the former Danby Lumber site on McFarlan Road in Kennett Square, the Daily Local News has reported. To celebrate, the family-owned building materials distributor has planned summer-long grand opening events featuring prizes and giveaways. In…
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Malvern CEO Releases $100 “Life Changing” Book
Ron Strobel, president of Malvern-based Videonet, Inc., has combined his story-telling talents, business experience and military service to author a book that explains how to get results and accomplish goals through a new paradigm. Strobel has been named one of the TOP 100 Video Producers in America by AV MultiMedia Magazine. He has been responsible…
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Chester County Is Nation’s Mushroom Capital
Though its leading agricultural product has local roots more than a century deep, Kennett Square is experiencing a modern mushroom boom. “Mushrooms are high in nutrition and have less calories and fat than meats,” Mushroom Council marketing leader Kathleen Preis told Modern Farmer in a recent feature story. And despite challenges in finding labor, streamlining…
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Wayne CEO Leads The Charge Against Student Debt
A Wayne insurance executive is leading a movement to help alleviate the burden of student loan debt saddling recent college graduates. Taking advantage of a decades-old tax provision, U.S. Liability Insurance Group Chairman, President and CEO Thomas P. Nerney (above) is withholding from taxes $3.25 of the $15.25 per hour wage he pays college interns…
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Citadel Honors Three Chester County Teachers
The incredible impact on students made by the hard work and dedication of three Chester County area teachers was heralded last week through the bestowal of this year’s Citadel Heart of Learning Awards. The prestigious award, sponsored each year by Citadel Credit Union in Exton, includes recognition as well as gifts of $2,000 each for…
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Malvern Company Charged In $557K Philly Billing Fraud
Federal prosecutors have accused Malvern industrial supplier Airmatic Inc. of fraudulently billing the city of Philadelphia $556,633 for unapproved industrial products and repair parts over the course of almost six years, according to official charges reported by Philly.com. If convicted, the consequences of the mail fraud could tally up to five years of probation, restitution,…
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Chesco Chamber Emerging Leaders BBQ
Click here for more information and to register.
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County Adds Election Function To App For Tuesday’s Primary
In anticipation of primary election day on Tuesday, May 20th, Chester County has added a 2014 Election function to its recently launched mobile app ChescoCONNECT. The 2014 Election button takes users to a specially created page with links to an interactive voter precinct directory, sample ballots for the primary election and the Chester County Voter…































































