A defense contractor is moving out of Bucks County and taking more than a thousand jobs out of the local economy. Citing cuts in Federal spending, Lockheed Martin will close its Newtown Township facility. Congressman Mike Fitzpatrick says, his office will work with the displaced employees, but not much could be done to impact the decision.
“Corporations from time to time take a look at the business contracts and models. They made a very difficult decision. It closes the Newtown office, which has been doing commercial satellite development.”
Lockheed Martin was in Newtown Township for 20 years, consolidating there, after closing facilities in Montgomery County and New Jersey.
Enrollment is down 5% at Bucks County Community College. Officials there blame the decrease on more adults returning to work in the light of a better economy as well as four-year colleges competing aggressively for a dwindling pool of high school graduates. The combined enrollment at the three campuses of the college is currently about 10,100. That's about 500 less than this time last year. College officials are stepping up their efforts to attract students.
Lower Gwynedd Township homeowners are not likely see a tax increase in 2014. According to Township officials, the general fund budget is listed as being just over 6.4 million dollars. Money collected from earned income tax is expected to generate 54 percent of the general fund. 50 percent of the money from the general fund helps operate the police department. Homes valued at 350-thousand dollars carry a 428-dollar real estate tax.
Manna on Main Street is ready to stock its shelves for people who need the vital assistance. Manna On Main Street’s Director of Development, Kristyn DiDominick says, the “scouting for food drive” will be out on the streets Saturday morning.
“The Boy Scouts have left bags at doors last weekend and we encourage our neighbors to get up and go to the store or look around the house and see what you have and just put it in that bag and scouts will stop by and pick it up.”
DiDominick says the food will be turned over to Manna and other food kitchens in the area, where volunteers will sort the food. Manna also has 600 turkeys it’s getting ready to give to families for Thanksgiving.