Developing Butler County s Future The Official Publication the Community Corporation Butler County January, 2016 Bankers Breakfast Kicks Off 2016 Slate Events The CDC s annual Bankers Breakfast will be held on Thursday, February 25 th at the Pittsburgh Marriott North, 100 Cranberry Woods Drive, Cranberry Township, PA. The event is being sponsored by Northwest Savings Bank, Mars National Bank, Allegheny Valley Bank Butler County Community College will feature PA Senator Don White (R 41 st District). White represents the following townships in Butler County: Allegheny, Buffalo, Clearfield, Clinton, Concord, Donegal, Fairview, Jefferson, Middlesex, Oakl, Parker, Summit, Venango, Washington Winfield. In addition he serves the Butler County boroughs Bruin, Cherry Valley, Chicora, East Butler, Eau Claire, Fairview, Karns City, Petrolia Saxonburg, all Armstrong Indiana Counties a portion Westmorel County. White is also the Chair the Banking Insurance Committee. This event continues to grow we are excited that Senator White has agreed to join us. We feel that he will provide those in attendance with some insight into what they can expect in the banking industry in the next several months, commented CDC Executive Director Ken Raybuck. Registration for the event will open at 7:30AM with the program beginning promptly at 8:00AM. Interested Business Relationship Managers, Account Managers, Commercial Loan Officers Branch Managers can reserve a seat by contacting Marcie Barlow at the CDC Office, (724) 283-1961. The reservation deadline is Wednesday, February 17 th. Join Us!! Follow the Community Corporation Butler County on ButlerCountyCDC ButlerCountyCDC Community Corporation Of Butler County
From the Executive Director s Desk January is a great time to look forward as individuals this also holds true in the world economic development. Butler County s future continues to look bright as we see continued growth in workforce opportunities along with investment in l buildings. All growth starts with an idea the people that make it happen. It is not only rewarding but foretells a great future to see the report that Butler County Community College was awarded the #1 Community College in PA by Transfer Articulation Center (PA TRAC)! Private industry in Butler County has also been recognized for their efforts in attracting workers to the County. Continuum Managed Services, with a location in Cranberry Township, has been awarded a 2015 Top Workplaces honor by the Pittsburgh Post-Gazette. The Top Workplaces lists are based solely on the results an employee feedback survey administered by Workplace Dynamics, LLC, a leading research firm that specializes in organizational health workplace improvement. It is great to see companies like Continuum grow in Butler County. Investment in infrastructure l buildings is also strong. After years waiting, 11 businesses on Ekastown Road, Buffalo Township, should expect to see the completion sanitary sewer lines. The Municipal Authority Buffalo Township recently began construction the extension after being awarded an H2OPA grant, in the amount $279,100 from the Commonwealth PA. A $75,000 grant from the CDC in 2014 $20,000 (total) in capital contributions from CID Associates Jack s Ford completed funding for the project. The project is surrounded by 234 vacant acres that have excellent highway access. After decades discussion, Butler s Centre City project is also expected to be close to completion in 2016. The project includes a 230 space parking garage, which construction is being managed by the CDC is on schedule. North Jackson Township in Harmony/Zelie area, a Steamfitters trade school is planned with completion estimated in 2017. Butler Township is getting a new multi-million dollar shopping center on New Castle Road at Route 422, including a new Dick s store, with a sign that now says Opening Soon! To help house the many workers the County needs for retail other businesses, an $11 million, eight-building housing development is being built along North Duffy Road. This project is also ahead schedule. Center Township s 168,000 sq. ft. VA Butler Healthcare facility is underway, the township is also expecting a new Sheetz Rite Aid Pharmacy across from Clearview Mall s northern entrance. The CDC is also seeing a potentially good year in 2016 with regard to l sales at our business parks. Negotiations have been completed engineering studies are underway that could result in the sale approximately 18 acres at the Victory Road Business Park in Clinton Township. CDC has received recent inquiries for potential l sales at Pullman Center Business Park Expansion that include lots ranging in size from.6 acre to over 10 acres. We thank our members for your ongoing support look forward to working together to keep Butler County #1 in both business housing growth. Ken Raybuck, Executive Director
Thanks to Investors Event Brightens Holidays For Gleaners Food Bank The Community Corporation Butler County held their Fourth Annual "Thanks To Investors" event on Thursday, November 19th. More than 40 CDC members special guests enjoyed an informal evening food drink at the Pittsburgh Marriott North. Attendees were encouraged to "give back to the community" bring a donation peanut butter /or jelly that would be delivered to Gleaners Food Bank. Those in attendance provided 43 jars peanut butter, 38 jars jelly, various other nonishable food items $308.00 in monetary donations that were delivered to the food bank to assist local families in the Cranberry area. "This event provides our members with an excellent opportunity to get together in an informal atmosphere before the "holiday rush" begins," commented Executive Director Ken Raybuck. "The event has grown each year hopefully the items that our members are providing to Gleaners will make the upcoming holiday season a little brighter for those Butler County residents who utilize their services." Attendees also purchased tickets to a Chinese auction featuring items donated by the Butler County Tourism Convention Bureau, Penn United Technologies the CDC. Ed Wadding Wadding financial won the Cfee Lovers basket; Senator Scott Hutchinson (21st Senatorial District) his wife Mary Beth were the winners the Happy Thanksgiving basket that included a fresh frozen turkey from the Jones Turkey Farm; Bill Hunter Hunter s Truck Sales Service won the Yankee Cle Scenterpiece; Jocelyn Howard-Sinopoli C.W. Howard Insurance was the winner the Butler County Basket Steve Diffenderfer NexTier Bank took home the Happy Holidays Wine Gift Basket. In addition to those firms previously mentioned, Peoples TWP, FirstEnergy, Bear Metallurgical Company, United Plate Glass, AK Steel, Hunter Truck Sales Service, Butler County Community College, the Pittsburgh Marriott North at Cranberry Woods CID Associates, Inc. provided additional sponsorship the event. The Community Corporation Butler County would like to thank those who attended the event as their support will enable Gleaners Food Bank to assist local families during the holiday season.
Gold Member Support Continues To Increase Thank you to the following CDC member/investors who increased their annual membership to become Gold Members. (Payments received through January 15, 2016) Abella Enterprises Cranberry Township William L. McCarrier Corporation Adams Township C.W. Howard Insurance Minuteman Press Agency AmeriServ Financial Bank Dillon, McCless King, Mitchell Insurance, Inc. Coulter Graham, LLP ARMSTRONG Eisler Lcsapes MSA Safety, Inc. Bear Metallurgical Company E.L. Municipal Authority Buffalo Township Boory s Business Farmers National Bank NexTier Bank Machines, Inc. Of Emlenton Butler County First National Bank North Country Brewing Community College Butler County Ford Gateway Engineers Northwest Savings Bank Butler County Tourism General Rental Center Raisley Insurance Agency Convention Bureau Butler Eagle Herbert, Rol, Grubic, Inc. Renick Brothers Mechanical Contractors Butler Health System Hunter Truck Sales Sonneborn, LLC Service Butler Technologies Johnstone Supply The Private Bank Catalyst Connection Langer Material Hling, Inc. Thompson-Miller Funeral Home Central Electric Local Union Number 3303 United Plate Glass Cooative, Inc. Building Corporation CID Associates, Inc. John McCarrier United Way Butler County Unlimited Staffing, Inc. Looking For Commercial Space? Selling Commercial Proty? The CDC Can Assist You Do you have commercial proty for sale or lease? Do you have commercial space available for lease in Butler County? Is your company looking for vacant l or commercial space available in Butler County? The CDC has a link on their website where you can view all the commercial buildings space available; simple visit our website, www.butlercountycdc.com click on the Available Sites Facilities button. If you have a building or space available for sale or lease contact Carol Howryla, the CDC s Manager Economic, at (724) 283-1961 to have the location listed on our website.
Industry Training at BC3 Course Dates Scheduled Time Cost Mechanics Saturdays 1/29/16 4/30/16 7:30 11:30 AM $1,295.00 In this 56 hour class students will be exposed to hydraulics/pneumatics, mechanical power transmission, coupling alignment as well as basic electricity three phase power/motor control. Instrumentation & Process Control Mondays 1/25/16 4/18/16 7:00 11:00AM $1,775.00 This intense 52 hour program will expose students to instrumentation used in industry for process control. PLC Level 1 Tuesdays 1/26/16 4/26/16 7:00 10:00AM $1,875.00 This focused 42 hour class is aimed at the industrial maintenance technician with basic electrical ladder logic exience seeking to broaden their skill set. Electricity & Motor Control Thursdays 1/28/16 -/3/31/16 5:00 9:00PM $1,375.00 This 40 hour class focuses on 3 phase power Motor control. Students will learn how to interpret electrical schematics utilize electrical drawings to oate, write troubleshoot 3 phase motor control circuits. Hydraulics & Pneumatics Fridays 1/29/16 4/8/16 8:00 11:00AM $1,075.00 This 30 hour class will introduce students to hydraulic pneumatic systems used in today s industry. AutoCAD Essentials Wednesdays 2/3/16 3/16/16 6:00 9:00PM $699.00 In this 21 hour class, students will learn to retrieve, create manipulate computer generated drawings through the use AutoCAD 2013 stware. GD&T Training Mondays/Wednesdays 2/16/16 3/11/16 8:30 11:30AM $699.00 This 24 hour class will teach students how to read interpret prints that contain advanced skills in Geometric Dimensioning Tolerancing. CNC Programming Monday/Wednesdays 3/15/16 4/8/16 8:30 11:30AM $749.00 In this 24 hour class, participants will prepare job set-up procedures that take into consideration state--the-art tooling manufacturing procedures create advanced programming techniques necessary to machine two-dimensional (2D) three-dimensional (3D) machining turning center parts. To register for any the courses above please contact Kathy Strobel, Coordinator Business Training, at BC3, (724) 287-8711, Ext. 8267 or Kathleen.strobel@bc3.edu.
Financing Programs Are you exping or starting a business? Could you use financing to bridge the gap between private investment total project costs? We may have found it for you as the Community Corporation Butler County is dedicated to advancing promoting business growth in Butler County as well as providing you the financing you need. We specialize in the financing real estate acquisitions construction, working capital equipment purchases. We will customize a program to fit your project, fering low-interest rates, fixed terms low down payments. Program Uses Amounts Terms Job Interest Rate Small Business Administration (SBA) 504 Program L, buildings, equipment In most cases 40% the project or up to $5.5 million Fixed rate up to 20 years created $65,000 Rates set monthly based on current bond pricing USDA IRP Loan Program Business acquisition, Purchase equipment, start-up costs $150,000 or 40% eligible project cost term not to exceed 10 years One fulltime equivalent job retained or created for every borrowed Real Estate: Prime minus 1% Machinery/Equipment: Prime Inventory/Accts. Receivable: Prime plus 1% Growth Initiative Loan Program Building conversion, equipment, start-up cost, working capital $25,000 or 100% total project cost, whichever is less 60 months for Real estate secured loan; 36 months for Machinery/equipment Secured loan; 12 months for Inventory/accounts receivable secured NA Real estate secured index rate plus 1% Machinery/equipment secured index rate plus 2% Inventory/accounts receivable secured Index rate plus 3% (Current Index Rate is 3.50%) Export Finance Program Working capital, accounts receivable $350,000 for a 12 month iod NA Based on market conditions Revolving Loan Fund L acquisition, building construction, purchase equipment, working capital or 50% total eligible project cost, whichever is less Real estate secured 84 months, Machinery/equipment secured 60 months, Inventory/Accounts Receivable secured 36 months Create or retain on full-time equivalent job for every $25,000 borrowed Real estate secured index rate, Machinery/equipment secured index rate plus 1% Inventory/accounts receivable secured Index rate plus 2% (Current Index Rate is 3.50%)
Community Economic (CED) Real estate, equipment working capital 50% eligible cost up to $200,000 Term set by DCED Need to be located in a distressed community Set by DCED Authority (PIDA) L buildings $2.25 million or 50% to 75% variable by project up to 15 years retained $35,000 or for projects creating jobs one job must be created Real Estate: 2.75% for 7 years, 3.75% for 15 years Authority (PIDA) Pollution prevention energy efficiency for equipment building costs $100,000 or 75% total eligible project cost up to 10 years retained $35,000 or for projects creating jobs one job must be created 2% Authority (PIDA) Machinery equipment acquisition or upgrade $400,000 or 50% whichever is less up to 10 years retained $35,000 or for projects creating jobs one job must be created 3.75% Authority (PIDA) Working Capital accounts receivable costs $100,000 for companies with 100 or fewer fulltime employees worldwide Up to 12 month term retained $35,000 or for projects creating jobs one job must be created 3.75% For additional information on these loan programs please contact Carol Howryla, the CDC s Manager Economic at (724) 283-1961.
Thank You to our 2016 Champion Sponsor Thank You to our 2016 CDC Event Sponsor Community Corporation Butler County 112 Hollywood Drive Suite 102 Butler, PA 16001 www.butlercountycdc.com