Economic Impact Analysis of Highridge Improvement District
A recently released analysis (Fourth Quarter – 2023) of the economic impact of the Highridge Improvement District has revealed that one of the district’s major economic benefits is the $416.2 million in labor income derived with 7,187 jobs. Expressed as a average income per job this is equal to $57,910 annually or $27.84 per hour.
If you wish to get a closer look at the facts presented in the report, simply pause the video at your point of interest.
EMD Electronics Announcement
Pictured left to right are SEDCO Director Marty Brophy, Corporate Assistant Secretary Letitia Reiser, Vice Chair Christine Verdier, President Frank Zukas, Economic Development Manager Mark Minnig, Chair Ken Huebner, and Immediate Past Chair Karen Kenderdine.
As part of its investment, EMD Electronics will build a new 96,500-square-foot facility, creating the largest integrated specialty gases facility in the world. The additional capacity will allow EMD Electronics to meet surging demand in the electronics and semiconductor industries.
The company has committed to creating 68 new jobs and retaining 289 existing, full-time jobs at its Schuylkill County location within the next five years. Approximately 120 jobs will be created to help with the construction of the new facility.
SEDCO Board welcomes new members
Four county business leaders join SEDCO Board
On March 16, 2023, the board of directors of the Schuylkill Economic Development Corporation announced that four Schuylkill County business leaders have joined the organization as members of the board.
Pictured, back row, left to right, are new directors Karl Nolte of EMD Group, Glenn Antz of Antz Energy Systems, and Mike Pechart with the Masser Family of Companies; front row, left to right, are Board Secretary Kirk Fanelli, Vice-chair Christine Verdier, new director Larry Wittig of Wittig & Company, CPAs, and Board Treasurer Demetrius Kasmari.