Lebanon Valley Economic Development Corporation

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Lebanon Valley Economic Development Corporation Board of Directors Meets, Approves Loan, Appoints Committee Member, Reads Letter from German Company, Hears Reports

Lebanon. The Board of Directors of the Lebanon Valley Economic Development Corporation met at a regular meeting on February 9, 2010 chaired by Barry Ansel.

The Board approved a First Industries First loan in the amount of $200,000 to Brubaker and Kuhn, doing business as Lebanon Valley Livestock Auction.

In other action, Chairman Barry Ansel appointed George Soukas to the LVEDC Loan Committee and appointed Doug Myers and Ed Kercher to the LVEDC Business Park Development Committee.

President Charles Blankenship reported that FirstEnergy Foundation and Arthur Funk & Sons will be sponsors of The City Summit scheduled for March 26th. Blankenship said additional sponsorships will be welcomed.

The Board read a testimonial letter from the president of BSW GmbH, the German owner of Regupol America presenting the reasons Lebanon Valley was selected as the location for their U.S. business operations and recommended that German companies contact LVEDC which the letter describes as having “well trained and competent personnel, easy to work with and diligent.” Blankenship said that the company gave LVEDC permission to use the letter in its foreign attraction efforts.


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