Page 12 - Delaware County Chamber of Commerce - 2017/2018 Directory

A Thriving Business Community
TRENDS & GROWTH
Delaware County Sees Unprecedented Growth
New Infrastructure, State Investments Support
Thousands of New Jobs
SOME OF DELAWARE COUNTY’S BIGGEST EMPLOYERS are doubling down on their investments in the region. Following an infusion of state funds, Penn Terminals is set to create some 500 positions at the ports of Greater Philadelphia. At the same time, Sunoco Pipeline is kicking work on a major pipeline project into high gear, paving the way for major job growth at its Marcus Hook Industrial Complex.
New Jobs at the Port
Eddystone-based Penn Terminals, Inc. is set to benefit from a major infusion of state funds
that will help expand operations and create
jobs at the ports of
Greater Philadelphia.
The investment totals
$3 million and comes
from the Pennsylvania Department of Transportation’s Multimodal Transportation Fund.
The funds helped enable a multiyear Stevedoring Terminal Service Agreement, under which Crowley Maritime Corp. will transfer its weekly Puerto Rico container service from New Jersey to Penn Terminals’ location, according to the Delaware County Daily Times. The transfer is set to take place in January 2018 and is expected to generate more than $23 million a year in salaries and $9 million in tax revenue.
Pennsylvania Governor Tom Wolf has commended Penn Terminals and Crowley
Maritime for bringing more than 500 new jobs to the state. “I’m thrilled that we’re bringing even more activity and good-paying jobs
into the region through this state and private partnership,” Governor Wolf said. “The port’s strategic location and our track record of making serious transportation investments has again paid dividends for Pennsylvanians.”
In addition to the state funds, the relocation of container services was made possible by a $17 million capital investment in infrastructure
from Penn Terminals, according to Governor Wolf ’s office.
“We are honored to have the partnership of the
commonwealth and Crowley as we begin this exciting opportunity,” said Penn
Terminals CEO John Brennan. “We look forward to a long-
term relationship that will support growth at Crowley, the terminal and
the region alike.”
Steady Flow of Energy
Sunoco Pipeline is creating more jobs in Delaware County and boosting the area’s standing as a hub for the energy industry.
In January, the company announced it was adding another 20 jobs with annual salaries of $80,000
at its Marcus Hook Industrial Complex, boosting that facility’s annual payroll to $16 million.
The employment expansion is part of Sunoco Pipeline’s Mariner East project. The first phase of the project, Mariner East 1, opened in
Images courtesy of Sunoco Pipeline and Penn Terminals
2014. It connected an existing pipeline with a newly constructed pipeline to move ethane and propane from western Pennsylvania to Marcus Hook, where the products are processed and sold in the United States and abroad.
Mariner East 2 will be a new pipeline project that will run from Ohio through West Virginia to Pennsylvania to transport additional natural gas liquids to the Marcus Hook plant. The project solidifies the facility’s role as a hub for distribution and processing for commercial markets. An estimated 275,000 barrels of natural gas liquids will be produced each day.
In February, the Pennsylvania Department of Environmental Protection issued the necessary permits for each county Marine East 2 will cross,
10 DelawareCountyChamberofCommerce