Governor Wolf Announces 53 New Jobs with Relocation of Velocity Network in Erie October 21, 2016 Jobs That Pay, Press Release Harrisburg, PA – Governor Tom Wolf announced today that Velocity Network, Inc. (VNET), an IT solutions and support company, will relocate their operations to the City of Erie and create 53 new jobs over the next three years.“Velocity Network’s decision to expand operations in a blighted area represents more than just significant business growth – it will be accompanied by positive change and job opportunities that will greatly benefit Erie’s Renaissance District, and ultimately, the entire region ,” said Governor Wolf. “The company’s longer term plans include further partnership with the City of Erie to transform additional buildings in the surrounding area. VNET’s success, as well as its steadfast commitment to fostering community betterment, is to be commended.”Currently serving business clients with fiber optic internet, VNET plans to expand into the residential market. To accommodate this growth, the company will purchase and renovate a 40,000-square-foot building in the City of Erie’s Renaissance District that has been vacant for more than 25 years. VNET plans to invest $5,300,704 in the project. The company has committed to the creation of 53 new, full-time jobs over the next three years, and to the retention of an existing workforce of 55 employees.“We believe in the necessity to drive development in Erie through the bolstering of the region’s urban core,” said VNET President and CEO Joel Deuterman. “Pennsylvania is a strong state with vibrant cities, and thanks to the state’s financial commitment to progress, Velocity is poised to grow – and grow the region – smartly, quickly, and deliberately to create future job growth.”VNET received a funding proposal from the Department of Community and Economic Development that includes a $225,000 Pennsylvania First Program grant, $159,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs, and $20,000 in WEDnetPA funding for employee training. The company has also been encouraged to apply for $2.25 million in low-interest loans from the Pennsylvania Industrial Development Authority.The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania, in collaboration with the City of Erie and Corry Area Redevelopment Authority.“The VNET project is important to developing and revitalizing our downtown. It creates an opportunity for reuse of a long vacant space and helps to bring jobs and sustainability to our central business district,” said Erie Mayor Joseph E. Sinnott. “It follows exactly with what we are looking for in implementing our downtown master plan.”“It’s an honor to assist an entrepreneur like Joel Deuterman relocate and grow his business in the City of Erie,” said Corry Area Redevelopment Authority Executive Director Richard Novotny. “In VNET’s case, Joel is re-urbanizing his operations from the suburbs to the city’s core, and in doing so, he has re-energized investment in an entire district of the city. VNET’s investment will be the first of many to transform Erie’s urban core.”Velocity Network, Inc. has been serving the Erie, Pennsylvania area since 1990, providing IT support such as technical helpdesk support, IT hardware support, and consulting to small and medium-sized businesses. The company’s goal is to provide enterprise-level IT practices and solutions to the small business sector, with small business prices. VNET’s experience has allowed it to build and develop the infrastructure needed to keep its prices affordable and its clients up and running.For more information on VNET, visit www.velocitynetwork.net.For more information about the Governor’s Action Team or DCED, visit dced.pa.gov.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf SHARE Email Facebook Twitter
THE grey SOTOMAYOR floored the odds on the previously unbeaten filly SHE’S A MANEATER to win the 105th running of the Jamaica 2-Y-O Stakes over a mile – the final leg of the Supreme Ventures Triple Crown series for native bred two-year-olds, at Caymanas Park yesterday.Installed as 3-1 second favourite after finishing second to SHE’S A MANEATER in race two of the series, the Pick-3 Super Challenge Trophy over 1400 metres on November 26, SOTOMAYOR, with Linton Steadman riding for trainer Anthony “Baba” Nunes, ran on strongly in mid-stretch to catch and beat 1-5 favourite SHE’S A MANEATER under leading jockey Omar Walker by a length in a field of 11.This prevented the Wayne DaCosta-trained SHE’S A MANEATER from becoming only the second two-year-old to sweep the three-race series, a feat accomplished by the unbeaten PRINCESS POPSTAR in 2013.SOTOMAYOR was held off the early pace in fifth as the DaCosta-trained MR. UNIVERSE (31-1) led comfortably from MONEY MAGNET (7-1) and SHE’S A MANEATER chasing as a team passing the half mile.MR. UNIVERSE, with Orlando Foster aboard, turned for home two lengths clear of SHE’S A MANEATER on the outside and MONEY MAGNET on the inside, but by then SOTOMAYOR had moved within striking distance on the outside.DECISIVE WINUnder a torrid right hand stick from Steadman, SOTOMAYOR caught up with the new leader SHE’S A MANEATER midway the last furlong, gaining the ascendancy in the closing stages for a decisive win.MONEY MAGNET under top apprentice Bebeto Harvey finished another five lengths away third, with MR UNIVERSE in fourth.Nunes was perhaps the happiest man at Caymanas Park, with SOTOMAYOR having defied the odds by turning the tables on his old rival.”I am elated, but I knew that Sotomayor was improving at a rapid rate and having worked impressively and the cheek pieces fitted for this race, felt he had a good chance of winning now stepping up to a mile.”The plan was to have him earlier in the pace and he was never far off entering the straight. I knew then that his turn of foot would prove decisive late in the race and looking ahead, is one for the classics in 2017,” said Nunes, who despite failing to beat DaCosta for the trainers’ title, enjoyed a marvellous season.This included previous big race wins in the derby (ORPHEUS), St. Leger, Lotto Classic and Superstakes with BIGDADDYKOOL.SOTOMAYOR is a grey colt by Traditional out of Runaway Julie, co-owned by David Miller and the Trinidadian Stephan Narinesingh and bred by HAM Stables Limited. This was his second win from five starts.Claiming apprentice Anthony Thomas highlighted the Boxing Day card with three winners, including the free-running SMART BIDDER at 25-1 for trainer Albert Chong in the closing race for $180,000 claimers.Back to form jockey Prince “Daggerman’ Holder rode two winners,while Walker, who is set to be crowned champion jockey, won the third race aboard 1-5 favourite CHO CHOO BLUE for trainer Peter McMaster following a tremendous stretch duel with highly-fancied GARY GLITTER.