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Ben Franklin Technology Partners of Northeastern Pennsylvania in Bethlehem has released its latest round of investments, with a lion’s share of the funds going to a Snyder County snowboard manufacturer.
Gilson snow, which manufactures innovative snowboard and skiing equipment, will use the $100,000 investment from BFTP to enhance its production capabilities and expand marketing efforts.
Ben Franklin is also making several investments in the form of 1:1 matching grants to a number of established manufacturers in its territory, so they can work with college or university partners on innovation.
Among them is American Polarizers Inc. of Reading, which will receive $24,800 to work with the Emerging Technology Applications Center at Northampton Community College to complete development of a process for vacuum lamination of circularly polarized films. The work is intended to expand the company’s product line in polarized and non-polarized optical products.
CarbonLITE of Muhlenberg Township will receive $25,000 to work with Lehigh University’s Center for Supply Chain Research to develop a standardized work process in a new plastic resin manufacturing facility.
Gateway Ticketing Systems of Colebrookdale Township will receive $25,000 to work with Lehigh University’s Enterprise Systems Center to identify and implement best practices for its admission control and ticketing software.
Polytek Development Corp. of Williams Township will receive $7,000 to work with Lehigh University’s Enterprise Systems Center to analyze its tooling board manufacturing process.
Sealstrip Corp. of Gilbertsville will receive $20,000 to work with Lehigh University’s Center for Supply Chain Research to implement new features in its shop floor management system.
Vastex International Inc. of Bethlehem will receive $25,000 to work with Lehigh University’s Center for Supply Chain Research to implement a new enterprise resource planning system.
BFTP/NEP owns, manages, and is headquartered in Ben Franklin TechVentures, a business incubator/post-incubator facility on Lehigh University’s campus in Bethlehem.