Target Eyes Valley Forge Shopping Center For Possible New Store

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UPPER MERION — A new development at the Valley Forge Shopping Center goes before the planning commission next week. If approved, a new Target department store and Starbucks Coffee could come to the township in a few months.

The Valley Forge Center Associate are planning to redevelop the eastern portion of the Valley Forge Shopping Center, to include a Target department store, a Starbucks and an inline commercial building.

Read more: http://www.timesherald.com/article/20120203/NEWS01/120209817

New Reading Mayor Calls Coordination Key To Jobs Plan

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Piggy-backing on a positive national report on job creation, Mayor Vaughn D. Spencer on Friday recounted what his administration is doing to create jobs in the city.

Primary among them will be to complete a plan on how the city and the Reading Redevelopment Authority can cooperate on economic development, he said.

The city already has a wider economic development plan, urging it to focus on one site at a time and find a new tenant for it.

Read more: http://readingeagle.com/article.aspx?id=362749

Lebanon Bologna Footballs Big Hit With Super Bowl Crowd

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When quarterbacks Eli Manning and Tom Brady display their pigskin prowess in Super Bowl XLVI, they’ll not be the only ones grappling with a football during Sunday’s NFL classic.

Across Berks County and as far away as Connecticut and Texas, diehard fans will be devouring red meat from football-shaped links of Lebanon bologna as they watch the New York Giants and the New England Patriots do battle at Lucas Oil Stadium in Indianapolis.

“They’re the centerpiece of the Super Bowl party,” says Verna Dietrich, 80, whose family operates Dietrich’s Meats & Country Store in Krumsville.

Read more: http://readingeagle.com/article.aspx?id=362774

Sweeping Changes At Sunoco

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Upset but not surprised.  That’s how union leaders characterized their reactions to the news of Sunoco, Inc.’s sweeping changes to its business structure, including the departure of Chief Executive Officer Lynn Elsenhans.

“It’s not surprising that she is moving on. I was expecting it, anyway. She doesn’t run refineries, she just dismantles them and moves on,” said Dave Miller, president of United Steelworkers Local 10-901 representing the Marcus Hook Sunoco workers.

“I’m curious to see where she is going next. I’d be the first one to call them and give them a heads up: Better get your affairs in order.”

After arriving at Sunoco in 2008 and subsequently dismantling the company’s Marcus Hook refinery operations, Elsenhans announced during Thursday’s fourth-quarter earnings conference call that she is stepping down as the company’s chief executive officer and board chairman at the end of the month.

Read more: http://www.dailylocal.com/articles/2012/02/04/news/doc4f2d4944180db147941261.txt

Fast Eddie Part Of Group Looking To Buy Philadelphia Inquirer

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Looks like Fast Eddie’s back in the saddle again!

PHILADELPHIA (AP) — Former Gov. Ed Rendell and Philadelphia Flyers owner Ed Snider are leading a “civic-minded” effort to buy Philadelphia’s two largest newspapers, Rendell said Friday.

The six-person group submitted a non-binding “letter of interest” Thursday in Philadelphia Media Network, which operates The Philadelphia Inquirer and Philadelphia Daily News.

News reports surfaced this week that two hedge funds with major stakes in the company want to sell. The firms, Alden Global Capital and Angelo Gordon, had led the creditors’ $139 million takeover of the company at a September 2010 bankruptcy auction.

Rendell could not confirm their intentions, but said a third party has been reaching out to potential investors in recent weeks. The media company would be bought outright, he said.

Read more: http://www.dailylocal.com/articles/2012/02/04/news/doc4f2d48b30ba13550941899.txt

Mayors Tout Jobs Growth In Lehigh Valley

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As a national jobs report released Friday pointed to a surge in hiring, the mayors of four of the Lehigh Valley‘s largest municipalities gathered in front of the future minor league hockey arena in Allentown to tout the Valley’s growth.

The mayors — Ed Pawlowski of Allentown, John Callahan of Bethlehem, Sal Panto Jr. of Easton and Ed Hozza Jr. of Whitehall Township — didn’t announce a new project on the same scale as Steel Stacks or an out-of-state company bringing hundreds of jobs. Instead, they praised the creation of 40 jobs for workers who are making way for the hockey arena at Seventh and Hamilton streets.

That number, Pawlowski said, will grow to 1,000 during construction.

The mayors gathered in front of the demolition site just days after revelations that the special tax district that will help pay for the $158-million arena may divert and delay the return of the Valley’s municipalities’ earned income taxes.

Read more: http://www.mcall.com/news/local/allentown/mc-allentown-hockey-arena-jobs-20120203,0,1222186.story