Largest faction of Japan’s ruling party backs Suga to replace Abe as PM: NHK

first_imgJapan’s top government spokesman, Yoshihide Suga, has won the backing of the largest faction of the ruling party to become its next leader, public broadcaster NHK reported on Tuesday, making him a strong front-runner to become the next premier.Japan’s chief cabinet secretary and a long-time lieutenant of outgoing Prime Minister Shinzo Abe, Suga is widely expected to stay the policy course set out by Abe, including the “Abenomics” strategy aimed at reviving the economy and keeping it afloat amid the COVID-19 pandemic.Suga has not publicly announced his candidacy for leader of the Liberal Democratic Party (LDP) but has indicated privately that he intends to run, a source told Reuters. Media reported he would formally announce his intention to run on Wednesday. The party’s leader will almost certainly become prime minister because of its majority in the lower house of parliament. The new leader will replace Abe, who abruptly announced on Friday he was stepping down for health reasons.In a meeting on Tuesday to decide on the format of the election, LDP executives agreed to a simplified vote, by party MPs from both chambers of parliament and heads of local chapters, party Secretary-General Toshihiro Nikai said.The proposal to exclude votes by rank-and-file members favors Suga, who has now reportedly locked in support from the party’s biggest factions. But a final decision, to be made at a general assembly on Tuesday, could be delayed due to opposition from many party members.”We must elect a new leader as soon as possible to avoid creating a political vacuum,” Nikai told reporters. “There was no objection to my view at the meeting.” Topics :center_img Push for wider voteOn Monday, however, younger LDP legislators met with Nikai to present a demand from more than 140 MPs and about 400 local party lawmakers for a full-scale vote. Several local chapters including Osaka have also demanded the same.”To select the new leader, we must have a party presidential election in a form that listens to a wide range of votes,” one of the MPs said.Shigeru Ishiba, a main rival for the race, echoed those views, repeating on Tuesday that he was against a limited vote.”I think that both for democracy and for the party, this is something that should not be,” the former defense minister said on TV Asahi. Ishiba is the most popular with voters among the likely candidates but lacks strong backing in the party hierarchy.The LDP is expected to hold its leadership vote on Sept. 14.Another contender is Fumio Kishida, a former foreign minister.The reported backing of the LDP’s biggest Hosoda faction for Suga follows media reports of support from the powerful faction led by Deputy Prime Minister Taro Aso. LDP heavyweight Nikai is also supporting Suga.last_img read more

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Unai Emery wants to offload Arsenal duo Mesut Ozil and Henrikh Mkhitaryan in summer transfers

first_img Comment Ozil is Arsenal’s top earner (Picture: Getty)Unai Emery is eager to offload Mesut Ozil and Henrikh Mkhitaryan this summer along with three other Arsenal stars, reports say.The Arsenal boss is finalising his summer transfer plans and believes several of his first-team regulars are not good enough.Ozil has faced criticism this season for his lack of consistency, while his fellow German Shkodran Mustafi is also up for sale.The Sun claim Arsenal is searching for buyers for five of their players this summer, with Ozil, Mkhitaryan, Mustafi, Mohamed Elneny and Carl Jenkinson all facing the axe.ADVERTISEMENT Coral BarryWednesday 8 May 2019 4:56 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.5kShares Emery is ready to offload Mustafi (Picture: Getty)Arsenal play their final game of the Premier League season this Sunday away at Burnley, but can still qualify for the Champions League through the Europa League.An away trip at Valencia stands between Arsenal and a spot in the Europa League final and the chance to snatch a spot in next season’s Champions League as winners.MORE: Francis Coquelin takes subtle dig at Arsenal ahead of Europa League semi final against Valencia Mkhitaryan is also facing the axe (Picture: Getty)Ozil and Mkhitaryan are on big wages at the Emirates and Emery wants to free up money to spend on new additions.AdvertisementAdvertisementMkhitaryan reportedly earns £180,000-a-week, while Ozil is the club’s highest earner with a contract worth around £350,000-a-week.Centre-back Mustafi has been the subject of intense criticism from Arsenal fans this season, having made several high profile mistakes in defence. Unai Emery wants to offload Arsenal duo Mesut Ozil and Henrikh Mkhitaryan in summer transfers Emery wants to free up money from the wage bill (Picture: Getty)Without Champions League football, there will be little money available to Emery this summer and the head coach will look to raise transfer funds from sales.Mustafi has struggled to settle in at Arsenal since his move from La Liga three years ago and Arsenal are in desperate need of a reliable centre-back.Midfielder Elneny and right-back Jenkinson have been on the fringes of the first-team this season and Emery is prepared to offload the pair. Advertisement Advertisementlast_img read more

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Former Tottenham boss Mauricio Pochettino responds directly to Arsenal rumours

first_imgOn what he will do next, he added: ‘I’m going to spend a few days here [in Rosario] with my family and friends, and then I’ll return to London next week.’Pochettino returned to his homeland after being let go by Tottenham and was a guest of honour as he watched his old club Newell’s Old Boys take on River Plate. Comment Ewan RobertsFriday 6 Dec 2019 7:13 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.6kShares The axed Spurs boss is one of the names in the frame to succeed Unai Emery (Picture: Getty)Former Tottenham manager Mauricio Pochettino has not explicitly ruled out the possibility of taking over at north London rivals Arsenal and says he will take time to assess his next move.The Argentine was axed as Spurs manager last month – with the club sitting in 14th place in the Premier League table at the time – and promptly replaced by Jose Mourinho, who won his first three matches in charge.Despite his links to the lilywhite half of north London, Pochettino is one of the names in the frame to replace Unai Emery as the Gunners look to bring in a new permanent manager.AdvertisementAdvertisementMore: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalPochettino is currently enjoying a well-earned rest back in Argentina but was tracked down by TyC Sports on Friday and asked specifically about the vacant Arsenal job.ADVERTISEMENTHe has always been notoriously coy with the press and did not rule himself out of the running for the Arsenal job – though he couldn’t resist a little smirk when the Gunners were mentioned.Asked about the job vacancies at both Bayern Munich and Arsenal, Pochettino responded by saying: ‘It’s important to have a moment of calm to lower the decibels and find the energy to take on a new project, and we’ll see where that is.’Pochettino smiles when Arsenal are mentioned at 00.44:Pochettino’s interview. He was asked about his plans. But look at the reaction of his face when the reporter mentions @Arsenal. Very interesting! He is set to return next week and choose his next project. Out of everything he has available, managing the Gunners is a possibility. pic.twitter.com/sgM3q6K4jw— Eduardo Hagn (@EduardoHagn) December 6, 2019 Pochettino previously claimed he’d rather work on a farm than manage Arsenal (Picture: Getty)The 47-year-old coach once famously ruled out ever taking charge of Arsenal due to his ties to Spurs, though that stance may have softened following his sacking just six months on from reaching the Champions League final.Speaking in 2018, he said: ‘I am never going to be manager of Barcelona or Arsenal because I am so identified with Tottenham and Espanyol. I grew up in Newell’s Old Boys and will never manage Rosario Central. That is my decision because I prefer to work on my farm in Argentina than in some places.’MORE: Arsenal fans turn on Pierre-Emerick Aubameyang for ‘abusing’ Joe Willock after misplaced pass in Brighton defeatMORE: Diego Simeone dismisses talk of an Atletico Madrid exit amid Arsenal linksMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man Citycenter_img Advertisement Former Tottenham boss Mauricio Pochettino responds directly to Arsenal rumours Advertisementlast_img read more

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Why are FA Cup matches at 12:31pm, 3.01pm and 5:31pm? New kick-off times explained

first_img About Connatix V67539 Read More Read More Advertisement Skip Read More Metro Sport ReporterSaturday 4 Jan 2020 2:38 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link157Shares Rio Ferdinand tells Ole Gunnar Solskjaer to drop struggling Visit Advertiser website GO TO PAGE PLAY Manchester United captain Harry Maguire Skip Ad Advertisement Read More / center_img Video Settings 1/1 Why are FA Cup matches at 12:31pm, 3.01pm and 5:31pm? New kick-off times explained FA Cup fixtures will have a 60-second delay to promote Heads Up (Getty Images)The FA Cup third-round ties will all kick off with a one-minute delay as part of the Football Association’s Heads Up campaign which is promoting mental well-being.The Heads Up campaign, which is being spearheaded by Prince William, the Duke of Cambridge, is promoting awareness of mental health and supporters are encouraged to use the 60-second delay to consider the impact a minute can have on their own well-being.All 32 FA Cup matches, regardless of their kick-off time, will be kicking off one minute later than usual.A video promoting the Heads Up campaign, which is narrated by Prince William and features including Frank Lampard, Dele Alli and Harry Maguire, will be shown to fans at stadiums and to those watching on television.AdvertisementAdvertisementADVERTISEMENT Top articles Coming Next Read More 1 min. story Comment by Metro More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityFA chief executive Mark Bullingham said: ‘While delaying kick-off times by 60 seconds is a simple idea, it provides a powerful platform for us and our Heads Up charity partners to deliver a really important message on mental health.‘We know that men in particular can be reluctant to talk about the subject, so it is important that we use football as a vehicle to stress the importance of mental fitness.’Fans can search ‘Every Mind Matters’ to create their own personal mental health action plan.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors SPONSORED Full Screenlast_img read more

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Arsenal to submit bid to sign Feyenoord midfielder Orkun Kokcu

first_imgArsenal to submit bid to sign Feyenoord midfielder Orkun Kokcu Advertisement Metro Sport ReporterTuesday 2 Jun 2020 3:01 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link6.3kShares Mikel Arteta reportedly believes Orkun Kokcu can fit into his philosophy at Arsenal (Getty Images)The report also claims that Arteta views Kokcu as a player who fits in with his ‘philosophy’.AdvertisementAdvertisementHowever, Arsenal are set to face strong competition from Sevilla for the midfielder.Monchi, Sevilla’s director of football, has already travelled to the Netherlands to hold talks with Kokcu’s representatives.Feyenoord had been open to rewarding Kokcu with a new contract but the Dutch club are unwilling to meet the midfielder’s demands.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityJaap Stam managed Kokcu during their time together at Feyenoord and believes the midfielder, who is valued at around £23 million, has the ability to shine at Arsenal, if given enough time to adapt.‘He would need to adjust because the step to Arsenal and the Premier League is totally different when you compare it to Holland,’ the former Manchester United defender said in an interview with Goal.“But he has the ability. He is a player who has the personality to want to improve, he always wants to do better. He’s never happy with himself, he’s disappointed if he doesn’t score, or his passes aren’t good enough.‘When I joined Feyenoord, he hadn’t played a lot because everyone said he was too young. I put him in the first team and let him play most of the games, I trusted him and saw a lot of ability in him. Now he’s proving himself in Holland and is one of the best midfield players in the country.‘He’s certainly got the ability to make that step to the Premier League.’Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Advertisement Comment Arsenal are preparing a bid for Feyenoord midfielder Orkun Kokcu (Getty Images)Arsenal are set to submit a bid to sign Feyenoord midfielder Orkun Kokcu, according to reports in the Netherlands.The 21-year-old, who has scored three goals and registered six assists in 35 appearances this season, has been hailed as one of the best young midfielders in the Eredivisie.According to Voetbal International, Feyenoord’s technical director Frank Arnesen is open to selling Kokcu in order to raise the budget for new signings.The report claims that Arsenal have been considering a move for Kokcu ‘for a long time’ and are now expected to make an offer ‘within a few weeks’.ADVERTISEMENTIt’s also claimed that Mikel Arteta is supporting Arsenal’s push to sign Kokcu as he has been aware of the midfielder since his time under Pep Guardiola at Manchester City.last_img read more

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Arsenal target Odsonne Edouard appears to rule out move away from Celtic this summer

first_imgArsenal target Odsonne Edouard appears to rule out move away from Celtic this summer Arsenal have identified Odsonne Edouard as a possible replacement for Pierre-Emerick Aubameyang (Picture: Getty)Arsenal target Odsonne Edouard appears to have ruled out a summer move away from Celtic after outlining his intention to help the Scottish champions secure a 10th straight league title next season.Edouard, 22, has racked up 22 goals and seven assists in the Scottish Premiership this term and his outstanding form has reportedly attracted strong interest from Arsenal ahead of the summer transfer window. Pierre-Emerick Aubameyang is out of contract in 2021 and the Gunners have identified Edouard as a possible long-term replacement for the Gabon international, but Celtic are determined to keep hold of their prized possession. Advertisement Advertisement The Frenchman has had an outstanding campaign with the Scottish champions (Picture: Getty)Celtic manager Neil Lennon recently confirmed the club were in discussions with Edouard over a contract extension and the Frenchman looks set to commit his future to the Glasgow giants.AdvertisementAdvertisementADVERTISEMENTEdouard, the league’s top scorer by a distance, has been a huge part of Celtic’s success this term and hopes to secure a ‘historic’ 10th title in a row with the Bhoys next term.‘Every season we want to win the title,’ he told Celtic TV.‘This year is nine in-a-row and next year I hope it is 10 in-a-row. This will be historic for the club.‘It’s very important for the club, for the fans, for the team, for all of the staff. ‘We now need to go back to work for next season and I hope that we can win this title for 10 in-a-row.’center_img Aubameyang is out of contract at Arsenal in 2021 (Picture: Getty)Arsenal legend Charlie Nicholas, who also enjoyed two spells with Celtic, has been massively impressed with Edouard and believes the striker would make a good like-for-like replacement for Alexandre Lacazette, rather than Aubameyang, at the Emirates.‘He could certainly play at Arsenal because the way they play, his style would be more than suitable for it,’ Nicholas told Sky Sports.‘The problem is getting the judgement right over whether he’s ready right now, playing every week for Arsenal compared to who is there already.‘I’m a big fan of Alexandre Lacazette, and Edouard has got quite a bit of Lacazette in style within his game. More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘He certainly would not come to England straightaway and score 20 to 25 goals in a season unless Arsenal find a renewed belief and they get the whole team right. ‘It’s got potential, absolutely, but I’m not convinced that they will go and buy him. The reason is that in Scotland, Celtic are gauging him as a £40m player. ‘This will come down to what Edouard wants. If he wants to leave, then he will leave. Celtic will take the cash rather than have a player who is not committed to the cause because historically that’s what they have done – with [Moussa] Dembele, Virgil van Dijk and Kieran Tierney.’Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page.MORE: Ryan Fraser makes transfer decision amid Arsenal and Tottenham interestMORE: Jens Lehmann slams Unai Emery and says former manager was ‘not good enough’ for Arsenal Comment Metro Sport ReporterThursday 11 Jun 2020 10:26 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.9kShareslast_img read more

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Paul Merson rates Arsenal’s top-four chances and sends message to Mikel Arteta

first_imgPaul Merson rates Arsenal’s top-four chances and sends message to Mikel Arteta Metro Sport ReporterThursday 10 Sep 2020 9:32 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.9kShares Comment Arsenal legend Paul Merson has rated the Gunners’ top-four chances under Mikel Arteta (Picture: Getty)Paul Merson has played down Arsenal’s chances of securing a top-four finish in the Premier League this season but insists he believes Mikel Arteta is taking the club in the right direction.The Gunners finished just eighth last season – ten points behind fourth-placed Chelsea and 43 behind champions Liverpool – but improved after Arteta replaced Unai Emery in December.Despite the progress at Arsenal, Merson still cannot see his former club finishing in the top four this season, with Liverpool hoping to defend their title amid competition from the likes of Manchester City, Chelsea and Manchester United.‘I’ve liked what I’ve seen from Arteta, you can see what he’s trying to achieve and what direction Arsenal are heading in,’ Merson told Sky Sports.AdvertisementAdvertisementADVERTISEMENT‘There is a plan, players are being sent out on the pitch with clear instruction and they know what they are doing.‘You don’t beat Liverpool, Manchester City and Chelsea by luck. Towards the end of last season they had a game plan and executed it well, the challenge for Arsenal now is to stick to that game plan every week, something they have not been great at in recent seasons.‘Their consistency levels have not been anywhere near where they should be and that’s why they are more of a cup team. On their day they can beat anyone but can also lose to anyone. Merson believes Arsenal are on the right track (Picture: Getty)‘The gap to the top four, at first glance, looks too big for them to close that quickly. That said, if they can get off to flying start, you never know where it could take them.‘Injuries are going to play a huge part this season, I cannot emphasise that enough.‘If Liverpool and Manchester City lose a couple of players for eight weeks to injury all of a sudden, the title favourites may be under pressure.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘This season is going to be an intriguing one and it will come down to who can keep their players keep and stay consistent.’While Arsenal only finished eighth last season, they did at least pick up some silverware after winning the FA Cup final. Last month, they beat Liverpool to win the Community Shield.Arteta’s side begin their 2020-21 campaign on Saturday with a trip across London to face newly-promoted Fulham.Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.MORE: Arsenal risk missing out on Houssem Aouar as Lyon set transfer demandsMORE: Mesut Ozil names dream world XI with just one former Arsenal player Advertisement Advertisementlast_img read more

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Ian Wright wishes Manchester United new boy Donny van de Beek had joined Arsenal instead

first_imgAdvertisement Metro Sport ReporterThursday 24 Sep 2020 2:52 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.8kShares Ian Wright wishes Manchester United new boy Donny van de Beek had joined Arsenal instead Van de Beek netted on his debut vs Crystal Palace, though United lost (Picture: Getty)Wright feels United have much more pressing needs to strengthen other areas of the team and is worried Van de Beek does not quite fit into the starting XI, instead believing he would have been perfect elsewhere.AdvertisementAdvertisementADVERTISEMENT‘Donny van de Beek, he’s someone that I wish someone more like Arsenal could have taken,’ said the former Gunners striker on The Kelly & Wrighty Show.‘When you look at Pogba, what he’s doing, and you look at Bruno Fernandes – that is Donny van de Beek’s position.‘So people are thinking they’re going to see Van de Beek [sitting] with Pogba and Fernandes, but I don’t think that’s going to happen.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors‘Because as much as he can play there, that’s not his preferred position to play.‘So again, spend the money, yeah he’s a great player and yes take him, but you’ve still got to look for the players that you know are going to improve your team.’ Commentcenter_img United have a number of glaring holes in their squad but midfield was not one (Picture: Getty)He added: ‘Listen, Donny van de Beek will be a good player for Man United in time because he’s a quality player. But is he what they need right now?’Fellow pundit and former Manchester City defender Micah Richards agreed, chiming in: ‘Van de Beek, for me, was a panic buy. He’s got good ability, I’ve watched loads of clips of him, and he is a good player, but…’MORE: Luis Suarez endorses Lucas Torreira’s transfer from Arsenal to Atletico MadridMORE: Manchester United new boy Donny van de Beek reveals conversation with Ole Gunnar Solskjaer over his best positionFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. The Gunners icon feels Van de Beek is not the ideal fit for United (Picture: Premier League Productions)Arsenal legend Ian Wright has questioned Manchester United’s decision to sign Donny van de Beek and feels he would have been better suited to a club such as the Gunners.United have endured a difficult transfer window, failing to land top target Jadon Sancho from Borussia Dortmund, with their only new arrival coming in the form of £35million recruit Van de Beek from Ajax.The move did draw some puzzled looks, however, with the versatile Dutchman preferring to play an attacking, box-to-box role in midfield – taking up positions already occupied by Paul Pogba and Bruno Fernandes. Advertisementlast_img read more

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Governor Wolf Touts New Online Tool, Program to Help Seniors Age at Home

first_imgGovernor Wolf Touts New Online Tool, Program to Help Seniors Age at Home Government That Works,  Human Services,  Press Release,  Public Health,  Seniors Harrisburg, PA – Today, Governor Tom Wolf touted two new initiatives aimed at helping Pennsylvania seniors age at home. The first – the PA Link to Community Care website – was launched to connect older Pennsylvanians to services and supports available in their community. The second – Community HealthChoices (CHC) – will launch in the southwest part of the commonwealth in January to provide seniors and others with coordinated community care.“Everyone deserves the right to age at home if they choose to,” Governor Wolf said. “The initiatives my administration has been putting together to help seniors stay in their homes offer options to make a smart decision about services,” Governor Wolf said. “No one wants a cookie-cutter offering of where they should live or what their health care should look like. Both PA Link to Community Care and the soon-to-be-launched Community HealthChoices present community options to help Pennsylvania’s seniors choose the best care for themselves or their loved ones.”PA Link to Community Care provides users with a wide variety of resources, including a home care directory that connects individuals to in-home services available in their county. More than 350 in-home service providers appearing on the searchable directory offer personal care, assistance with activities of daily living, companionship services, respite care, and/or habilitation services.The website is a collaboration between the departments of Aging (PDA) and Human Services (DHS), and serves as an extension of PDA’s Aging and Disability Resource call center.Community HealthChoices seeks to improve the quality of the health care experience, serve more people in communities rather than in facilities, which gives them the opportunity to spend more time with their families and friends, and to experience an overall better quality of life. Once fully implemented, CHC will serves hundreds of thousands of Pennsylvanians. The program will launch in 14 southwestern Pennsylvania counties in January, with a three-phase rollout progressing east across the state through 2020.To learn more about Community HealthChoices, visit the DHS website.To learn more about the PA Link to Community Care website, or to find information on resources available in your county, visit www.carelink.pa.gov. SHARE Email Facebook Twittercenter_img November 28, 2017last_img read more

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Governor Wolf Announces New Loan Approvals for Six Projects in Five Counties, Supporting Nearly 100 Small Business Jobs Statewide

first_img SHARE Email Facebook Twitter Economy,  Jobs That Pay,  Press Release Harrisburg, PA – Today, Governor Tom Wolf announced new low-interest loan approvals through the Pennsylvania Industrial Development Authority (PIDA) program for six business projects in five counties across the commonwealth that will help create and retain nearly 100 jobs statewide. The loan funding will assist businesses with costs ranging from expanding pediatric services, to adding production lines and building renovations.“With the approval of these low-interest loans, we’re providing critical access to capital that businesses need to grow,” Governor Wolf said. “Spanning several industry sectors – including health care, manufacturing and design, and cold storage – these six projects will spur job creation and boost the economies where the projects are located while ensuring that we’re meeting the needs of businesses across the commonwealth.”In 2018, PIDA has approved $57 million in low-interest loans that have resulted in $78.7 million in private investment and supported 3,157 created and retained full-time jobs. This month, PIDA approved a total of just over $3.29 million in fixed, low-interest loans to projects in Beaver, Bedford, Cumberland, Dauphin, and Somerset counties.The following loans were approved:Beaver CountyCreekside Springs, LLC, a producer of bottled water and a contract packager of beverages, was approved for a $400,000, 10-year loan at a 3.5 percent rate through the Beaver County Corporation for Economic Development for the purchase of machinery and equipment to be installed in the company’s New Brighton bottling facility. The project involves upgrades to the existing bottling line and the installation of an additional production line, and is expected to create seven full-time jobs and retain a further 22 jobs over the next three years.Bedford CountyThe Bedford County Development Association was approved for a $250,000, 15-year loan at a 2.5 percent interest rate with a 7-year reset to build out a 4,068-square-foot suite for Children’s Community Pediatrics. The facility will expand pediatric services offered from a nearby hospital facility and is expected to create seven full-time jobs within three years.Cumberland CountyParath, LLC, was approved for a $1.25 million, 15-year loan at a 2.5 percent interest rate with a seven-year reset through the Capital Region Economic Development Corporation to renovate a 69,273 square foot flexible warehouse building to house three tenants including Supply Source Inc., an office and social space furnishings solutions company.Dauphin CountyCamerek Holdings, LLC was approved for a $359,900, 15-year loan at a 3.75 percent interest rate through Capital Region Economic Development Corporation to acquire a 10,929 square foot building in Harrisburg. The property will be occupied by Solution Designers, LLC, a company specializing in custom designing and manufacturing garage, food, laundry, and bedroom closet storage units, enabling it to complete production for sales already made and keep up with growing market demand. The project is expected to create eight and retain two full-time jobs in the next three years.Vich Development, LLC, was approved for a $640,766, 10-year loan with 20-year amortization at a 3.75 percent interest rate through Capital Regional Economic Development Corporation to acquire a 25,000 square foot cold storage facility in Harrisburg. The facility will be occupied by e-tailer, Inc., a company specializing in cold storage and fulfillment of products like ice cream. The project is expected to create 25 new full-time jobs within three years.Somerset CountyPrecision Pallets and Lumber, LLC was approved for a $400,000, 15-year real estate loan at a 2.5 percent seven-year reset rate and a $240,000, seven-year machinery and equipment loan at a 3.5 percent rate through the Southern Alleghenies Planning & Development Commission. The loan funds will be used for the purchase of Precision Pallets & Lumber, Inc., a manufacturer and distributor of wooden pallets, including the acquisition of real estate and production equipment including nailers, saws, branders, and a kiln. The project is expected to create seven full-time jobs and retain 12 jobs over the next three years.PIDA is an independent authority staffed and regulated through the Department of Community and Economic Development. The authority provides capital for building acquisition, construction and renovation work, machinery, and equipment loans along with working capital lines of credit, primarily for manufacturers, industrial developers, research and development firms, agricultural processors, and employers looking to establish national or regional headquarters in Pennsylvania.For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov. June 06, 2018center_img Governor Wolf Announces New Loan Approvals for Six Projects in Five Counties, Supporting Nearly 100 Small Business Jobs Statewidelast_img read more

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