| Scranton, PA who has copied the Painted Horses | | | | things like steel, textiles, mills, mining and energy |
| from Casper WY to draw in tourism has a few | | | | leave the system and the trade offs beiong |
| tricks still up their sleeves. For a town with a lot | | | | promoted from the acedemia side include tech, |
| of old history, it is having some good growth in | | | | communication and environmental, yet the money |
| newer parts of the city and surrounding areas. | | | | flow for such things is not like it is in Boston, TX, |
| One college age student we had a chance to talk | | | | CA and other on the move tech fields such as |
| to says most college age kids try to figure out a | | | | the latest Bio-Tech. Where there maybe schooling |
| way to make thier place in the world outside of | | | | for such, but not a lot of big deals getting done in |
| their hometown of Scranton, this maybe why | | | | PA.The rural areas of PA are secluded by toll |
| these kids would good family values choose other | | | | ways and the money flow is escaping via |
| cities to make their way in. Scranton of course | | | | Wal-Mart, which accounts for 11% of our nations |
| known for it's history in coal mining and it's | | | | consumer spending. The money flows into |
| closeness to the Pocono Mountains, which are still | | | | Wal-Mart, they pay local wages, donate to charity |
| and East Coast Favorite get away. .Coal mining in | | | | and the rest leaves the state, although PA has it's |
| PA goes way back to the middle of the 1800's | | | | share of companies which make things for |
| and it was always dangerous, if you 'google' the | | | | Wal-Mart and Wal-Mart buys in the USA first, as |
| mining industry accidents in the state you will see | | | | well it should and Sam always promised, less and |
| what we mean. The demographics are good in | | | | less things are made in the US anymore due to |
| Scranton, although it has been economically | | | | too many regulations and laws about nothing such |
| challenged as of late. Under-represented with | | | | as ADA, OSHA, EPA, etc. Many items are being |
| minority populations but it is a good market never | | | | made in China now, or some still in Mexico, less |
| the less. Of value is the many industrial parks in | | | | than before since Monterrey is dead too. The |
| the North Eastern Penn area and the good road | | | | money flowing out into China is not coming back |
| situation South of town on I-81, well at least if | | | | fast enough, due to Patriot's act slowing money |
| they ever get done with the project. Scranton | | | | coming into the country and a crack down on |
| has a bit of an alcohol and drug situation due to | | | | money launderers thus the money stays out |
| probably the work hard play hard cultural history | | | | once it leaves. It is noteworthy to look at such |
| there. But all in all if you are not looking for it you | | | | issues such as where does the money flow too. I |
| probably would not notice it. We look at Scranton | | | | am worried for rural America and am upset and |
| as being a second tier market for our expansion | | | | feel sick to my stomach every time I see a |
| into PA and a worthy market for many types of | | | | boarded up small business in a rural town. You see |
| businesses.If you talk with Dan Walsh | | | | they slow you down to 25 mph for speed trap |
| administrator for the Greater Scranton Chamber | | | | but at that speed you see things much deeper |
| of Commerce (which needs a sign out front | | | | than the sign, which is gone. You see and feel the |
| perpendicular to Mulberry Street so you can find | | | | tears of the small business person who lost |
| it), he will tell you about the many new projects | | | | everything, the employees who are sitting at |
| going up in and around town. Places such as the | | | | home with no air-conditioning turned on, you read |
| Jessup Small Business Center and Valley View | | | | the minds of the income property owner who is |
| Business Center. But also we found projects | | | | not getting an ROI on the building he so carefully |
| nearby in the Covington Township, namely "The | | | | built on his families property which they have |
| Business Park". Cool name? Simple.The Scranton | | | | owned for generations. Watching the awning rust, |
| Enterprise Center downtown seems to be an | | | | paint chip and flake, bugs scurry in and out of the |
| uplifting idea, and there could be some increased | | | | broken windows. You feel the anguish and sorrow, |
| foot traffic there. As the new parts of the town | | | | that is all there is, that is what you see and feel |
| and the box stores are going up in the Bus 6 in | | | | as you drive by. So then here is an idea, perhaps |
| the Dickson City Limits. Everyone is there, a | | | | it might lead someone out there to a solution to |
| regional mall, Home Depo, Wal-Mart, etc. Kind of | | | | this problem. Here it is; Certain dollars coming into |
| cutting off the buyers coming from vacation | | | | such towns of 2000 to 12,000 populations, which |
| homes in the Poconos. But still it employees | | | | are not within 5 miles of a major highway, be |
| residents of Scranton and the other metro | | | | given permission to stamp the dollar bills coming in |
| adjacent townships.The Southside of town is ripe | | | | at a local municipal court up to 15% and those bills |
| for fleets of trucks and distribution along I-81. You | | | | must remain in circulation locally for three years |
| have the Stadium Office Park, Southside Industrial | | | | or until they are worn out and traded in at the |
| area, Glenmaura Corporate Center and Rocky | | | | bank. Or some such similar situation to keep the |
| Glen Industrial Park. Below that in Luzerne County | | | | money flow going locally. Wal-Mart can then pay |
| is the Wilkes-Barre Scranton Airport, Vogelbacher | | | | the people locally with those dollars or trade them |
| Industrial Park, O'Hara Industrial Complex and the | | | | against purchases from local manufacturers of |
| Eastern Distribution center which looks like a | | | | items they might sell in their stores. Or Wal-Mart |
| mini-enterprise zone or mini-FTZ (if it is not, they | | | | could work with a local bank in the area and have |
| should make one there). Being at the I-84, I-81 | | | | banking on the property so that those dollars |
| crossroads and having a 380 and 476 Toll-way | | | | could be redistributed in loans to those who wish |
| which also serves as a ring road from the West | | | | to start small businesses or homes. thus |
| of town, it appears to be all set up to do | | | | improving the economic climate all the way |
| business. Perhaps not as ideal a location as the | | | | around. Wal-Mart wants into the banking business |
| Bethlehem-Allen Town area (being so close to | | | | anyway, they have proved their self worth in the |
| Philly, but Scranton area has it's advantages and | | | | distribution business, again this is just a thought. |
| while in recession it is certainly going to be a good | | | | Something has to be doen about rural America, it |
| recovery situation since it has a good population | | | | is more evident in the back highways of PA than |
| base and pro-active approach to the economic | | | | anywhere. This is a serious issue and it is not |
| development.I-80 is just a tad bit to far from the | | | | going away anytime soon. It needs pro-active |
| Wilkes-Barre Scranton corridor to be of significant | | | | consideration from the most brilliant economic |
| value. The best deal for this city would be to do | | | | minds, otherwise we will need two sets of |
| what Tulsa OK needs to do with the toll way to | | | | currency in our country.PA is seeing overall from |
| OKC. Ditch it. If the 476 were made a freeway | | | | what we have seen a change in Eating |
| instead of a toll way and that area were to open | | | | establishments along major highways, changes in |
| up then the straight shot to Philadelphia could feed | | | | Grocery Stores, and changes in it's supply and |
| the fire and Scranton would be more easily | | | | distribution chains. PA is the leader in all kinds of |
| accessible to travelers and distribution companies. | | | | stuff, but none of which is breaking any records |
| The I-84 is a straight shot to CT, 476 straight | | | | during this period. In a study by the Penn State |
| shot to Philly and Allentown, I-81 is a shortcut to | | | | College of Ag and Econ, it was reported that 15 |
| I-80 and straight shot to Harrisburg and allows | | | | of the 20 major sectors of the PA economy had |
| travel around the D.C. metro mess for those | | | | gone down. Today a few things are up, such as |
| traveling South without the huge mountain ranges | | | | recreational manufacturing, motor homes, boats |
| of further East, which is good for trucking and | | | | and housing. We did see things such as insurance, |
| distribution.Scranton area business people have | | | | real estate, wholesale trade, distribution and public |
| bounded together and are hard chargers, they will | | | | utilities pick-up in recent years. But if you look at |
| not give up, but could use some help. The big talk | | | | what took a hit Lumber, furniture, travel, and |
| in Scranton now is of course the incubators for | | | | manufacturing in rubber, steel, wood, fabrics, |
| small business and that is very smart and well | | | | metal, etc. it is a little gloomy. PA has good |
| received and has the blessings of local banks and | | | | education and that has weathered the storms. |
| SBA. The SEC, not to be confused with the | | | | But really besides the bigger cities, things are not |
| Security Exchange Commission which is | | | | doing extremely well, they are just doing okay. |
| destroying America's best Corporations with | | | | But today Okay is good enough and the folks in |
| media headlines and extorsion scare tactics, this | | | | PA are not stooping here. We were fortunate to |
| SEC is the Scranton Enterprise Center which | | | | talk with an employee deliverer from Dempsey |
| appears to be on pace to provide 1000 new jobs | | | | Uniform Services. He said things were good, and |
| to the area within five years. The Jessup Park | | | | that they had had some slow pays, but most of |
| looks good and when filled up would house about, | | | | thier accounts were Corporate and they were |
| I am guessing 4500 jobs.In Schuylkill County they | | | | doing good. Some companies had gone out of |
| are building a gasification coal plant which would be | | | | business last year, but others were adding |
| a 400 million dollar project and employ many high | | | | employees, and the sales have added a few |
| paid professionals and countless construction | | | | more accounts. Competition had increased, but |
| people in the building process, that is happening | | | | they were doing well. We thank him for the |
| now. Many things are challenging PA's economy | | | | insight and here is the pitch;"So Give Us a Try...We |
| and the Scranton area. First the state's economy | | | | Think You will be impressed" .So this company a |
| has been shifting from manufacturing and plants | | | | very good public image company was doing well |
| to retail and services and many jobs have left the | | | | working with B2B services. We believe that this is |
| state to NAFTA trading partners and to of | | | | an example of what we would expect with hard |
| course China, ouch. The regional growth patterns | | | | work, over time and doing what you say you are |
| in my humble opinion are favoring other PA area | | | | going to do. You see in Scranton, bull crap walks. |
| better due to the closeness of the Metorplexes | | | | It is about doing what you say you are going to |
| of Pittsburgh, Cleveland, D.C.. Scranton is favored | | | | do, and a man is only as good as his word. That |
| as it is close to NYC and New England areas like | | | | is what they expect there, that is what they are |
| Boston, Hartford, Manchester, New Jersy and | | | | say in Missouri, Show me. Any company in the |
| Albany. However there is stiff competition from | | | | service business willing to prove it, will either make |
| makers of items in all those states too, especially | | | | it or beak it on their integrity, and you know |
| where rural areas are attempting to eak out an | | | | what? We would not expect anything else from |
| existence with antique, agriculture, small specialized | | | | the humble coal miner beginnings of a town grown |
| manufacturing and flee markets.PA has had | | | | into a city where you must walk the talk. |
| declining tax revenues since the mid 70's with | | | | Scranton they will flat do whatever it takes, it is |
| trade changes and the early 90's with change of | | | | that kind of a town still.Lance Winslow - Online |
| focus. If you look at PA as a hole we are seeing | | | | Think Tank forum board. |