the I N D I C A T O R June 23, 2011 Vol. 5 - No. 13

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1 Page 1 of 8 In This Issue MCEDC News the I N D I C A T O R June 23, 2011 Vol. 5 - No. 13 SBA Financing Notes Recent Loan Transactions Upcoming Events Member Spotlight Featured Property Featured Article Member News Quick Links Visit our Website Membership Member to Member Discounts MCEDC's Newest Members MCEDC Partnerships Montco Young Professionals Group MCEDC News Montgomery County Economic Development Corporation (MCEDC) seeks a President/Executive Director to lead a private, non-profit, nongovernmental corporation dedicated to supporting and facilitating economic growth in Montgomery County, Pennsylvania. Reporting: The President/CEO will report directly to the Board of Directors. Required Skills and Experience: He/she must be a highly effective facilitator who is able to work with a wide range of people, including business leaders, elected officials, chambers and regional organizations, to promote local and regional growth. Must possess the following qualities: - An executive with experience in finance, real estate or economic development, preferably with some background in economic, work force or real estate development and/or federal, state and local financing programs. Financial Assistance/Funding Past Issues of the INDICATOR Our Staff Carmen S. Italia, Jr. President/Assistant Secretary Thomas M. Barbine CFO/Assistant Vice President Janet Otto Office Administrator Carli Pio McCrea - Success in working relationships with business and political leaders. - Strong communication skills and experience in public speaking. - Demonstrated success leading an organization, including managing people, allocating resources, setting and meeting performance goals, etc. Educational Requirements: Bachelor's Degree required and/or a history of economic development experience. Responsibilities:

2 News From Montgomery County Economic Development Corp. Administrative Assistant/ Events Coordinator - Oversee the day-to-day operations and staff of MCEDC. Page 2 of 8 Contact Us 420 W. Germantown Pike East Norriton, PA p: f: us at: info@montcoedc.com or check out our website: About Us Montgomery County Economic Development Corporation (MCEDC) is the key resource in Montgomery County for economic assistance and development for business. MCEDC is dedicated to enhancing the county's economic balance and preserving its quality of life. The Corporation has a rich, successful history in attracting new business to the county. Please Visit Our Newsletter Sponsor - Direct the financing activities of the organization, including administration of public programs and management of MCEDC's loan portfolio. - Facilitate membership activities and services. - Assist local organizations with workforce development activities. - Market the organization to various entities, including, but not limited to, accountants, attorneys, bankers, businesses, chambers of commerce, consultants, developers, realtors, township and borough managers, to make them aware of our services and advantages of membership. - Partner with other organizations in the region in order to order to provide more comprehensive services to members and other businesses in the County. - Assist in the preparation of financing and grant applications with the prospect. - Design and create new initiatives for the Board of Director's consideration. Interested candidates should please submit their resume and letter of interest by to: resume@montcoedc.com SBA Financing Notes Current Fixed Rates SBA % - 10 years SBA % - 20 years For more information regarding the SBA 504 loan, please click HERE. Recent Loan Transactions MCEDC Assists Local Business and Brings Loan Dollars Home Panadyne Inc. / Winthrop Properties LLC. - $500,000 SDC Participating Mortgage Loan with TD Bank, N.A. to finance the acquisition of a 22,890 square foot light industrial commercial facility on a 2.48 acre parcel. The property is located at 516 Stump Road in the Montgomeryville Industrial Center, Montgomery Township. Panadyne Inc. is a processor and distributor of specialty raw materials used in a wide range of industries. Technical ceramics, metal matrix composites, ceramic Matrix composites, thermally conductive fillers, refractories, polishing compounds, and general filler applications. Total project amount is $1,400,000 and will employ 9 individuals.

3 Page 3 of 8 Upcoming Events MCEDC/TriState Realtors Commercial Alliance Membership Mixer Sponsored by: Audubon Land Development When: Tuesday, June 28, :00pm Where: Chadwick's - at The Club at Shannondell 2750 Egypt Road Audubon, PA Admission: This event is FREE to MCEDC and TriState Members Description: We invite you to join MCEDC and TriState Realtors Commercial Alliance, with sponsor Audubon Land Development, for our next Membership Mixer. Don't miss out on this opportunity to talk to other members, exchange business cards and pick up leads, while enjoying cocktails and hors d'oeuvres. A chipping competition will begin at 5:30pm with $ in prizes available and restaurant gift cards will be provided to all those who attend courtesy of Audubon Land Development!! Make sure to RSVP quickly as this event is expected to be well attended! RSVP: While this event is free of charge, registration is required. Please your RSVP including the information requested on the below form to Carli Pio McCrea with "6/28 Mixer RSVP" as your subject line. A confirmation will be returned securing your reservation to this event. Montco Commercial Real Estate Breakfast Meeting Sponsored by: Horsham Corporate Center When: Tuesday, July 12, :45am - 9:00am Where: Horsham Corporate Center 400 Horsham Road Horsham, PA Admission: This event is FREE to attend Description: MCEDC will be hosting monthly Montco Commercial Real Estate (MCRE) meetings for professionals involved in the commercial real estate world. Developers, owners, brokers, bankers, attorneys, accountants and anyone else who

4 News From Montgomery County Economic Development Corp. would directly benefit from these meetings are welcome to attend. Meetings will be held the second Tuesday of each month at a new building location around Montgomery County and will include a light breakfast. Page 4 of 8 This months MCRE Breakfast will be sponsored by Horsham Corporate Center and held at 400 Horsham Road - Horsham, PA The property is 150,000 SF, with 90,000 SF of space available. Horsham Corporate Center has been newly renovated with a Shared Boardroom and Elegant Lobby with fireplace and two flatscreen TVs; as well it is under new ownership. The Horsham Athlectic Club is on-site with individual and corporate memberships available, as well Cafe 400 is in-house and available to tenants for breakfast, lunch, and dinner. We welcome you to bring a copy of your current listings and projects as there will be a forum provided for those in attendance to introduce themselves and share some of their current endeavors. These meetings have become an excellent networking and deal making opportunity for Montgomery County's commercial real estate professionals as our most recent gatherings have attracted between attendees! We look forward to seeing you at one of our upcoming meetings! RSVP: While this event is free of charge, registration is still To register for this event, please Carli Pio McCrea with "7/12 MCRE RSVP" as your subject line. A confirmation will be returned securing your reservation to this event. MCEDC Membership Mixer Sponsored by: Continental Realty Co., Inc. and Dishell, Bartle & Dooley When: Thursday, July 14, :30pm - 7:30 Where: 1800 Pennbrook Parkway Lansdale, PA Admission: This event is FREE to MCEDC Members Description: We invite you to join MCEDC, along with sponsors Continental Realty Co., Inc. and Dishell, Bartle & Dooley, for our next Membership Mixer. Don't miss out on this opportunity to talk to other members, exchange business cards and pick up leads, while enjoying cocktails and hors d'oeuvres. Make sure to RSVP quickly as this event is expected to be well attended! RSVP: While this event is free of charge, registration is still required. To register for this event, please Carli Pio McCrea with "7/14 Mixer RSVP" as your subject line. A confirmation will be returned securing your reservation to this event. Member Spotlight

5 Page 5 of 8 Klasko, Rulon, Stock & Seltzer, LLP is one of the country's leading business immigration and nationality law firms. The firm has offices in Philadelphia and New York and is known for its top caliber representation of businesses, individuals, health care institutions, and universities and colleges around the Delaware Valley in a wide range of immigration law matters. The firm distinguishes itself from other immigration law firms by combining the highest-quality, most responsive legal services ---with personal attention and regular availability of the name partners, the latest in technology and an unmatched level of creativity to provide solutions to difficult problems presented by clients. So--whether you are a business owner who wants to make sure your company is in compliance with US immigration laws, or a developer looking for foreign investment in a local project through the EB-5 visa program, or an individual seeking a work visa... we are happy to help. Please visit us online at or join the conversation on our blog, We very much look forward to the opportunity to work with the members of the Montgomery County Economic Development Council. For information on attending our FREE Spring Educational Seminar, please see our website. H. Ronald Klasko Esq. Managing Partner Featured Property 16,242 S/F Available for Lease! 211 South Gulph Road King of Prussia

6 Page 6 of 8 To obtain a property brochure, click the picture above. For more information or to arrange an inspection, please contact: Newmark Knight Frank Smith Mack p: Beth Maggitti Dixon p: bmaggitti@newmarkkfsm.com Chris Werner p: cwerner@newmarkkfsm.com Featured Article Why Having a Website is Important Brought to you by: Right Side Office Solutions Recently, I was approached by a company who wanted to increase their sales and keep in contact with their customers. The first thing I did was Google the company so that I could find out a little more about what they do and what customer they were trying to reach. I Googled many variations of the company name to no avail. Why couldn't I find them? They have NO website! When I went back to the company to inquire about this, they said that the upper management wanted to keep things as they had for over 80 years by placing ads in the yellow pages and rely on a direct mail campaign. I must say, I was a little taken back by this. Why in today's technology age, when you can reach millions of people on a daily basis, would you not have a website? It is rare that you come across a company that does not have a web presence. Larger companies know the importance of having a web presence and also being active in an on-line conversation. However, small businesses are finding it harder to compete in this day and age without a website. Some key take away points: - If you don't have a website and you want to stay competitive, you should create one TODAY!

7 Page 7 of 8 - Your website is a reflection of your company without someone standing at your front door - If you do have one, focus your efforts on SEO (search engine optimization) - Have engaging content - Make sure that you use keywords so that you can rank high in Google rankings (when people search for your company via Google) - SEO is an ongoing task that requires an initial time investment but the rewards are great - Companies with long term media exposure reach more people than any advertisement can generate - Proper SEO techniques today will lead to long-term growth tomorrow Contact us today: Right Side Office Solutions Kelly Dunning, Principal P.O. Box 41 Oreland, PA P: Kelly@rightsideofficesolutions.com Member News Barry Isett & Associates - High-profile Montgomery County Organizations Turn to Barry Isett & Associates Beneficial Bank - Earn Interest on Business Checking with Beneficial Bank Jett Excellence - Upcoming Event: (7/28/11) Karen L. Jett to Host July Strategic Plan-ting Workshop King of Prussia Business Improvement District - Upcoming Event: (6/30/11) DeKalb Pike and First Avenue Landscape Plans to be Unveiled June 30 Maillie, Falconiero & Company, LLP - IRS Moves to Protect Taxpayers' Identities Roddy, Inc. - Roddy, Inc. Represents Winthrop Properties, LLC in the Aquisition of 516 Stump Road If you are a member and have a Press Release that you would like to include in an upcoming issue of 'the INDICATOR', please submit it to Carli Pio McCrea.

8 Page 8 of 8 About the INDICATOR: Montgomery County Economic Development Corporation (MCEDC) is pleased to bring you an online version of their publication, the INDICATOR. As it has been since the beginning, this newsletter is dedicated to "providing the reader with information concerning national, state, and local developments in Montgomery County." Disclaimer: All information contained herein is from sources deemed reliable. Montgomery County Economic Development Corporation (MCEDC) makes no representations or warranties as to the suitability of this information for your own particular purpose, and that the extent you use or implement this information in your own setting; you do so at your own risk. The information provided herewith is solely for your own use and cannot be sold. In no event will MCEDC be liable for any damages whatsoever, whether direct, consequential, special, or claim for attorney fees, arising out of the use of or inability to use the information provided herewith. Forward This was sent to jotto@mcidc.com by cpio@montcoedc.com Update Profile/ Address Instant removal with SafeUnsubscribe Privacy Policy. Montgomery County Economic Development Corp. 420 W. Germantown Pike East Norriton PA 19403