Hazelwood: Almono Gives Neighborhood A Shot At Recovery

Salvation sits just across the railroad tracks from Alex Bodnar’s Hungarian restaurant on Second Avenue in Hazelwood.

It doesn’t look like much now, just acres and acres of vacant land, graded but idle. But the redevelopment potential of the 178-acre site has raised the hopes of the struggling city neighborhood.

“The good Lord is answering my prayer,” Mr. Bodnar beamed as he stood in the kitchen of his restaurant preparing a bowl of goulash.

For much of the last century, the Monongahela riverfront site has been closely tied to the neighborhood’s fortunes. For decades, the massive coke works that dominated the land brought prosperity. Jobs were plentiful and Second Avenue teemed with grocery stores, shops and restaurants.

Read more:

http://www.post-gazette.com/in-the-lead-2015/reports/2015/05/11/In-The-Lead-Hazelwood-Almono-gives-neighborhood-a-shot-at-recovery/stories/201505140090

Teva To Cut 5,000 Jobs As Drug Company Winds Down Bucks Operations

Map of Bucks County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

Teva Pharmaceutical Industries will cut about 5,000 jobs, 10 percent of its workforce, accelerating a cost-cutting plan as it prepares for lower-priced competition for its best-selling drug.

Teva, the world’s largest maker of generic drugs, said it expects to save about $2 billion a year by the end of 2017.

In May, the company announced plans to close its West Rockhill Township manufacturing plant in 2017, eliminating more than 450 jobs there and dealing a significant blow to northern Bucks County‘s employment base.

Teva is the Pennridge-area’s second-largest employer after Grand View Hospital.

Read more: http://www.mcall.com/news/breaking/mc-teva-fires-5000-workers-20131010,0,7070943.story#ixzz2hKpgdvPX
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