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Penn State Behrend highlights Knowledge Park growth, employment
Summary
A Penn State representative told Harborcreek supervisors that Knowledge Park hosts 22 companies and about 400 daily workers and described the park as a significant local economic contributor.
A Penn State Behrend representative addressed Harborcreek supervisors to thank the township for its partnership and to update the board on Knowledge Park.
"Today, the park, is home to 22 companies," the Penn State representative said, and he added that "about 400 people a day go to work in the park." He said companies include international tenants and noted one tenant vacancy following the pandemic.
The presenter emphasized that the research park supports local employment, contributes to earned-income tax receipts for the township and has a pipeline of prospective tenants, while acknowledging occasional tenant turnover. The board acknowledged the park as a revenue generator for the township.
