On “Jobs that Pay” Tour in Scranton, Governor Wolf Hosts Roundtable Discussion on Budget Investment in Pennsylvania’s Economy

first_imgOn “Jobs that Pay” Tour in Scranton, Governor Wolf Hosts Roundtable Discussion on Budget Investment in Pennsylvania’s Economy SHARE Email Facebook Twitter March 08, 2017center_img Jobs That Pay,  Press Release Scranton, PA – Governor Wolf today toured Signallamp Health, LLC in Scranton and hosted a roundtable discussion with Signallamp employees and local leaders focused on budget initiatives that will support a new way for Pennsylvania’s economy and job creation. Signallamp is a healthcare technology startup that provides chronic care management services, and recently established a facility in downtown Scranton that will 69 new jobs over three years with the help of state funding through the Governor’s Action Team.“When Signallamp and the Governor’s Action Team first started discussing this project, one of the key factors that attracted us to this company was their dedication to expanding and creating jobs right here in downtown Scranton,” Governor Wolf said. “That dedication was extremely important to us, because one of my highest priorities is making sure that we are investing in companies, and areas, that are bringing jobs back to the areas that need them.”In March 2016, Signallamp Health received a funding proposal from the Department of Community and Economic Development that includes a $75,000 Pennsylvania First program grant and $54,650 in WEDnetPA funding for employee training.The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania, in collaboration with the Ben Franklin Technology Partners of NEPA, the Lackawanna County Office of Planning and Economic Development and the Greater Scranton Chamber of Commerce.The way we finance healthcare is increasing the burden on physicians to simultaneously control costs and produce better outcomes. To help meet this obvious challenge, Signallamp partners with providers to bring additional clinical capacity, preventative care and IT to allow physicians to address the needs of a larger number of their patients outside of the office setting,” said Signallamp Health co-founder and CEO Drew Kearney. “Signallamp is grateful for the economic development programs available in Pennsylvania. Partnerships with the Governor’s Action Team and Lackawanna County and investments from Ben Franklin Technology Partners, has allowed us to more aggressively hire and train our workforce — creating family sustaining jobs here in Northeast PA.”Governor Wolf’s budget continues to invest in 21st century manufacturing, workforce development and training programs while also implementing new safeguards to ensure taxpayer dollars for economic development projects are spent appropriately and intended outcomes are met.Governor Wolf plans on investing in job creation by:Partnering with the commonwealth’s research universities and Industrial Resource Centers to accelerate manufacturing technology advancement and adoption, foster manufacturing innovation and commercialization, and build a 21st century workforce.Creating a new apprenticeship grant program to ensure workers can receive training aligned to business workforce needs, funded with revenue recovered from companies that fail to live up to previous commitments made when they received state assistance.Investing $5 million in a manufacturing training-to-career grant program to partner with technical programs and community colleges to develop new training programs that align with their workforce needs.Signallamp Health is serving physicians across northeast Pennsylvania, including The Wright Center for Primary Care — a thought leader in primary care delivery and innovation — by providing telephonic Chronic Care Management (CCM) services via experienced Registered Nurses to Medicare beneficiaries on behalf of their primary care physicians.For more information on Signallamp Health, visit www.signallamphealth.com.For more information about the Governor’s Action Team or DCED visit www.newPA.com.last_img read more

Read more

SeaBird terminates seismic vessel charter

first_imgMarine seismic acquisition provider SeaBird Exploration has terminated an agreement for the charter of the Munin Explorer seismic vessel.  The company has entered into a settlement agreement with Ordinat Shipping, the owners of Munin Explorer, for the termination of the charter party agreement and re-delivery of the vessel.SeaBird said on Friday that the transaction is conditional on the fulfillment of certain preconditions and is expected to be approximately cash neutral to the company in 2018 and 2019.The company is estimating that the transaction will save in excess of $2 million over the term of the contract, including the forgiveness of the $2.4 million charter hire payment due June 30, 020. The settlement agreement provides for a three year non-competition restriction whereby the vessel cannot compete in the company’s markets.With the termination of the Munin charter agreement, the company has completed its historical fleet optimization effort.The entire SeaBird fleet is now composed of vessels that are optimally configured and well positioned to address the company’s core markets and the evolving technology requirements, SeaBird explained.The Munin Explorer was built in 1990 and re-built 2007 when it joined the SeaBird fleet. The vessel can operate worldwide as either 2D long offset or source vessel.last_img read more

Read more