Lockheed Martin AeroParts Adding Jobs to Johnstown

Lockheed Martin announced Thursday, March 23, that they will be expanding production for components of the F-35 Lightning II with a new facility in Johnstown. This expansion will add more than 40 new jobs by the end of 2018.

“The F-35 Lightning II is beginning to transition to full-rate production and the manufacturing expertise we have here has a growing role in delivering this incredible aircraft to the men and women who defend our nation,” said Gilda Jackson, general manager of Lockheed Martin AeroParts.

Lockheed Martin is in the process of finalizing plans to lease and equip an additional facility to accommodate this new work and begin producing a subset of parts for the program.

For additional information, visit their websites: www.lockheedmartin.com and www.f35com.

Pumpkin Chunkin Competition

JARI and Faranda’s Farm is pleased to announce our new partnership to host a Pumpkin Chunkin Competition for local high school students. The competition will be held at Faranda’s Farm located in Hollsopple, PA., on November 4, 2017.

Seven local school districts are registered to participate in the competition in which students form teams and build their own prototype of a trebuchet to launch pumpkins the longest distance. The students will use the S.T.E.M concepts to solve the challenges presented by force and gravity.

We are currently searching for mentors and judges to help at the event and in-kind sponsors for building materials.  Mentors will assist the teams through the designing, building and testing process. Judges will review the judging criteria and participate in scoring the teams the day of the competition.

If you are interested in helping with this event, contact Debi Balog, Director, Workforce Development, at (814) 262-8366 or via email at .

Importance of Cyber Security and User Training

Michele Clapper
VP, Economic Development

Michael Stohon, In-Shore Technologies, will be presenting “The Importance of Cyber Security and User Training” at JARI’s March 30th Lunch & Learn event.

Attendees will learn how serious cyber risk is and what can be done to prevent it. In this interactive session, Stohon will also provide information on what types of scams and hacks are most common today and the best way to prevent prevent them.

The cost for this event is $5 and registration is required. Please send registration forms to Lauren Brewer by mail or via e-mail at .

Showcase for Commerce 2017

Linda Thomson
President
 

Registration is open for Showcase for Commerce 2017 which will be held May 30- June 1.

Showcase brings local, regional, national and international businesses together to expand business opportunities.  Join us to learn the latest news from acquisition and legislative leadership.  Network with other businesses or explore possibilities to grow into new markets or build your supply chain.

Click here for a list of past speakers.  Also, look for upcoming announcements about this year’s special guests and speakers.

For more information or to register, please visit www.showcaseforcommerce.com.

Prime Design Solutions Presenting at Upcoming Lunch & Learn Events!

Brian Law and Shelley Johansson from Prime Design Solutions will be presenting at two of JARI’s upcoming Lunch & Learn events.

Tuesday, March 21, Shelley will be presenting information on the topic “How (and When) to Write a Press Release.” Those who attend this Lunch & Learn will learn what goes into writing a good press release, as well as, publishable topics and the difference between promotion versus PR copy.

Brian will be presenting Thursday, April 6, with the topic of “Content Marketing.” Attendees at this Lunch & Learn will learn what content marketing is and what it can do for their business while also setting expectations for predictable results.

The cost for each event is $5 and registration is required. Please send registration forms to Lauren Brewer by mail or via e-mail at .

Executive Director of CCDC Addresses Local Businesses

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(Photo courtesy of The Tribune Democrat)

Ronna Yablonski, Exective Director of the Cambria County Drug Coalition (CCDC), spoke with members of the JARI Healthcare and Safety Consortia on January 24th.  The meeting was planned to help members join the fight against drug abuse in an effort to create a capable workforce for our local businesses.

Yablonski mentioned that the CCDC was formed to bring together existing programs and develop new resources to battle the epidemic across the area. Area businesses can take part by supporting the coalition as a whole or supporting specific coalition components.

Employee Stock Ownership Plan

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What if you were told that you could sell some of your company to your employees for fair market value and enjoy the fruits of your hard work now?

An ESOP is an “Employee Stock Ownership Plan”. In 1996, the federal government created a program that allows owners of businesses to sell some or all of their companies to their employees. For more information on ESOP, please click here.

Over 4 Million Awarded in Tax Credits!

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JARI is pleased to announce that $4,816,517 in tax credits have been awarded to local companies through the Greater Johnstown Keystone Innovation Zone (GJKIZ) since the inception of the program in 2005. In 2016, $248,342 in tax credits were awarded to five companies. The Commonwealth has a total annual pool of up to $15 million available to eligible companies.

KIZs are designed to foster innovation and create entrepreneurial opportunities. To qualify for the GJKIZ program, a company must be a for-profit located within the territory of the GJKIZ, be fewer than eight years old, and have its primary business within one or more of the following industry sectors:
  • Advanced Manufacturing
  • Environmental/Renewable Energy Technology
  • Information Systems Technology
  • Life Sciences
A KIZ company must have an innovative process or have patents, licensing agreements, trademarks and/or copyrights on products or processes created in-house.  A company may receive up to $100,000 in tax credits annually if they meet the criteria.  If there is no tax liability for the company, the credits may be sold for cash.

JARI’S NAP Tax Credit Application Approved!

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The Pennsylvania Department of Community & Economic Development has approved JARI’s Neighborhood Assistance Tax Credit (NAP) application for $58,200.00.

The funding from the tax credit contributions will be used to eliminate blight through a number of approaches: creation of public space; streetscapes; planters; trees; lighting; reuse study; architectural and engineering assistance; and marketing of underutilized properties in a portion of the Central Business District and Old Conemaugh neighborhood.

The JARI NAP/SPP project will focus on developing a greenspace conceptual plan; implementation of identified components; coordinating a Community Work Day; an assessment of the commercial properties; marketing of the available space; provide assessment data to City of Johnstown for facade program.

Special thanks to the following business contributors whose tax dollars will be “put to work” supporting residents of our local community: First National Bank, 1st Summit Bank, Northwest Savings Bank, Somerset Trust and In-Shore Technologies.

If you are interested in learning more or are a business that would like to participate in the JARI NAP Tax Credit Program, please contact Michele Clapper, VP of Economic Development, at 814-262-8368 or via e-mail at .

Two FREE Seminars!

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There will be two seminars on March 28 and 29 from 8:30 AM to 4:00 PM (lunch provided). Both seminars will be held at JARI Center, located at 160 Jari Drive, Johnstown.

 

Find out what you need to know about NAFTA and other FTA’s!  In this seminar you will learn how to take advantage of our existing agreements and how to prepare for any changes or new agreements.
 
This seminar will help you identify what has changed and the steps necessary to be in full compliance. Attendees will also gain an understanding of how to navigate the ITAR & EAR.

 

These seminars are free and registration is required. The deadline to register is March 20, 2017.  For more information and registration details, click on the links above or email Tina Taylor at .