Manufacturing on the Rise

Steady growth in manufacturing has South Jersey companies looking for talent and turning to community colleges to grow their own.  Rowan College at Gloucester County and Camden County College both received Opportunity4Jersey grants to train prospective employees. Rowan will develop programs in processed technology and work with local refineries to get students hands-on experience.  Camden County College’s grant will be used to build a pipeline of prospective employees in manufacturing, transportation, retail, and hospitality/tourism.

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SBA Supports Digital Health Startups

Here’s some good news for female and minority business people who have a great idea for a digital health business: the Small Business Association has awarded $50,000 to the University City Science Center for the second class of its Digital Health Accelerator, which provides entrepreneurs with funding, office space, professional mentorship and connections. The funding will allow the Science Center to focus on recruiting women and minorities for its second class, which begins in early 2016.  Seven enterprises in the inaugural DHA class have moved to commercialization, created 53 jobs and raised almost $4 million in investments.

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Christiana Care Recognized for Nursing Excellence

In 2010, Delaware’s leading health system was the first in the state to be designated a Magnet organization for nursing excellence from the American Nurses Credentialing Center (ANCC).  Now, Christiana Care has earned re-designation, which recognizes the excellent work of its highly accomplished nursing team.  Only seven percent of the nation’s hospitals hold the Magnet designation.

Read more in the Delaware Business Daily here:

Montgomery County Beats New York for Home of Medical Device Company

When New York-based medical device company MELA acquired laser skin care technology from Montgomery County’s PhotoMedex, it also acquired its office space in Horsham, Pa.  Rather than relocate PhotoMedex’s workers to New York, MELA named Horsham as its new headquarters. “I like to do what I can to keep medical-device manufacturing in this region. Keeping jobs here was a top priority,” said Jeff O’Donnell, chairman of MELA and former co-founder and CEO of PhotoMedex in a recent Philadelphia Business Journal article.

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Temple Health Bolstering Research Infrastructure

Former GlaxoSmithKline SVP Dr. Ralph Horwitz, who also served as chairman of medicine at Stanford and Yale universities, has been recruited to run Temple Health System’s new “Institute for Transformative Medicine.” The institute will merge several of Temple’s core areas of evidence-based medical research.  It will also collaborate with Temple’s Center for Population Health and the University’s experts in informatics, data analytics and computational biology.

Read the Philadelphia Business Journal article here:

American Airlines Opens New Cold Storage Facility for Pharmaceuticals

On June 23, American Airlines cut the ribbon on its $5 million, state-of-the-art, temperature-controlled facility for sensitive and potentially life-saving pharmaceutical and healthcare products at Philadelphia International Airport.

The 25,000 square foot building in Cargo City has 30 containers that can each be set to a specific temperature requested by a customer, and two cooled rooms for delicate products such as vaccines, blood/plasma products and therapeutic protein treatments.  American Airlines chose Philadelphia International Airport because the region is at the heart of the Northeast corridor and has a heavy concentration of pharmaceutical and life-sciences companies with products that require consistent and reliable temperature controls during transport.

“The two main goals [of the facility] are that the products remain safe and then remain effective,” said American Airlines Manager of Cold Chain Strategy Thomas Grubb in a Delco Times article. “We’re talking about a patient at the other end. It’s not just a matter of making sure it doesn’t get destroyed in route, but also when it gets to them that it has the therapeutic effectiveness that it needs to have.”

American Airlines says this is the only temperature-controlled facility of its kind in the Northeast corridor.

Read the full Delco Times article here:

Holtec Breaks Ground on Camden Waterfront

Energy company Holtec International, based in Marlton, New Jersey, gathered on July 1 with state and local officials to break ground on its highly-anticipated Camden waterfront campus. Holtec is building a 60,000 square-foot manufacturing and technology center, which will provide hundreds of new job opportunities for residents across the City of Camden and the Greater Philadelphia region.  It is the largest single investment in the history of Camden according to New Jersey state officials.

Read the story in the New Jersey Business Journal here:

Photo credit: South Jersey Times

UPenn Tops the List for ROI

The college with the best return on investment for a business career is the University of Pennsylvania.  That’s according to PayScale’s 2015 College ROI Report, which surveyed more than 1.4 million graduates across the U.S.  Penn’s four-year tuition of $234,000 delivered a 20-year net ROI of $979,000.

Two other Philadelphia-area universities placed in the top 15:  Drexel University coming in 8th for best healthcare careers and Villanova University ranking 12th for business degrees.

For details, read the Philadelphia Magazine article:

Navy Yard Celebrates New Liberty Property Trust Building & Park

Liberty Property Trust, together with its partner Synterra, broke ground on a 94,000 square-foot office building on June 30 at the Navy Yard.  It is the first Philadelphia building designed by world-renowned architecture firm, Bjarke Ingels Group (BIG), and features a curved façade which appears to defy gravity. Liberty Property also cut the ribbon on an adjacent park called Central Green, which it developed with Synterra, PIDC and the Commonwealth of Pennsylvania.  The five-acre site includes fitness apparatus, hammocks, chaise lounges, bocce, table tennis, and more.

“We are further advancing The Navy Yard as one of the most compelling work environments in the Philadelphia region,” said John Gattuso, Liberty Property Trust senior vice president and regional director in a recent Benzinga article. “Increasingly, The Navy Yard is a place where employees want to work and businesses from around the world want to call home.”

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King of Prussia Mall’s Expansion Unfolding

A massive new corridor linking the Plaza and the Court at The King of Prussia Mall is well underway.  It is a part of a two-year plan to add 50 new retailers, including premium brands, restaurants, and a new dining pavilion.  The renovations are expected to be complete by the fall of 2016.

For more, read the full article here: