GE and Wabtec have announced an agreement to merge which will make Wabtec a Fortune 500 company. How this will affect the Erie GE plant will be determined as the merger is implemented. Following the transaction, Wabtec will have approximately $8 billion in revenues, a more diversified business mix, higher margins, and approximately 15 percent […]
GE Power Cuts 12000 Jobs as the Global Company Tries to Regain its Footing
GE Transportation isn’t the only division of the global company having serious issues. GE Power just announced a reduction of 12,000 jobs, about 18 percent of its workforce. The company blames the downsizing on the decreasing demand for coal and fossil fuels caused by increases in alternative energy. Also contributing to the problem was GE’s […]
Big Name Investors Target Cities Like Erie with Start-Up Funds
Start-up capital and venture funding are terms not often heard in cities like Erie, but that’s already changing as a group of very big investors have banded together to target the underserved cities in the midwest and rust belt with seed money to get their start-ups off the ground or to scale them up. Venture […]
Erie’s Problems Are Not Unique – Eds and Meds Can’t Solve Them
Observing Erie now while remembering what it once was is frustrating, a population in decline, manufacturing jobs lost and a future somewhat in doubt. Over the past year or so, we’ve seen multiple plans to bring about a revival, some better than others, but getting from here to there is a pretty steep climb. An […]
Cumulus Media – Owner of Five Erie Radio Stations Declares Bankruptcy
In another sign the broadcast radio industry is struggling to adapt to the onslaught of satellite radio and streaming media, Cumulus Media, owner of 446 radio stations, voluntarily filed for reorganization under Chapter 11 of the Bankruptcy Code. Among their stations are five from Erie: Classy 100 at FM 99.9, Z-102.3, Nash 97.9, 104.3 The […]
Erie Port Authority Master Plan is Available for Review and Public Comment
The Erie Western Pennsylvania Port Authority Master Plan is now available for public review and comment. Anyone interested in how the Erie Bayfront is going to be developed, and most residents of the city and county should be, can now examine the plan in detail. The public is invited to comment until December 31st, however, […]
Reporter Finds Trump Support Remains Strong in Erie
When reporters spend time in Erie, sitting down and talking to the people who actually live and work in the area, they find Trump support still strong, contrary to what some media figures believe, especially those who haven’t bothered to visit. If you live in Washington, D.C., New York or Los Angeles it’s easy to […]
New York Post Article Examines the Race for Erie Mayor
The race for Erie mayor is getting national attention. After Erie County voted for President Trump, the first Republican since Ronald Reagan, many are wondering if the City of Erie will elect its first Republican mayor since 1961. If a recent NY Post article is any indication of where voters stand, it may happen. John […]
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