Trending...
- Power Business Solutions Announces Joint Venture with EIG Global Trust to Deliver Data Center Financial Solutions
- Boston Industrial Solutions' Natron® 512N Series UV LED Ink Earns CPSIA Certification
- Roblox and Solsten Alliances; a Stronger Balance Sheet and Accelerated Growth Through AI, Gaming, and Strategic Partnerships for Super League: $SLE
Governor Tom Wolf announced today the approval of three agricultural projects funded through the First Industries Fund (FIF). Approved by the Commonwealth Financing Authority, the projects in Blair, Fulton, and Huntingdon Counties will help existing farms expand their operations, bring in additional revenue, and transition agribusinesses to the next generation of farmers.
"Continuing to provide assistance to farming projects that fuel Pennsylvania's agriculture industry and economy as a whole remains a major priority for my administration," said Gov. Wolf. "This funding strengthens agribusiness throughout the state – supporting expansions and renovations that can increase a farm's capabilities and bring new jobs to this renowned industry."
The approved projects are as follows:
Blair County
Mitchell and Bethann Frederick, through the Southern Alleghenies Planning and Development Commission, were approved for a 15-year, $250,000 Pennsylvania Industrial Development Authority (PIDA) loan at a 1.5 percent reset rate for the construction of a 3,000-square-foot addition to their existing 2,800-square-foot meat processing and retail facility located in Roaring Spring Borough, Blair County. The finished 5,800-square-foot facility will consist of retail space, an office, restroom, cut room, prep space, two walk-in coolers and one walk-in freezer. The project is expected to retain four jobs and create three new, full-time jobs at the project site within three years. The total project cost is $500,000.
More on The PennZone
Fulton County
Jason and Stephanie Shives, through the Southern Alleghenies Planning and Development Commission, were approved for a 15-year, $375,000 PIDA loan at a 1.5 percent reset rate for the construction of a 21,402-square-foot swine finishing barn in Licking Creek Township, Fulton County. This will be the second swine barn on the property. The Shives are currently under contract with Country View Family Farms and the new finishing barn will fall under this contract as well. The total project cost is $750,000.
Huntingdon County
Jeremy and Mary Breon, through the Southern Alleghenies Planning and Development Commission, were approved for a 12-year, $400,000 PIDA loan at a 2.5 percent fixed rate for the construction of a 26,880-square-foot poultry broiler house on the Breon's farm located in Tell Township, Huntingdon County. The Breons have entered into a seven-year contract, with a seven year auto-renewal, with Farmers Pride, Inc. The broiler house will become the farm's main source of income and will mark the end of the Breon's transition from a dairy operation into a poultry broiler operation, which was delayed due to the pandemic. The total project cost is $841,000.
More on The PennZone
More information about the Commonwealth Financing Authority can be found on the Department of Community and Economic Development (DCED) website. To stay up-to-date on all Pennsylvania economic development news, follow DCED on Twitter, Facebook, and LinkedIn, and be sure to sign up for the department's monthly e-newsletter.
SHARE Email Facebook Twitter
"Continuing to provide assistance to farming projects that fuel Pennsylvania's agriculture industry and economy as a whole remains a major priority for my administration," said Gov. Wolf. "This funding strengthens agribusiness throughout the state – supporting expansions and renovations that can increase a farm's capabilities and bring new jobs to this renowned industry."
The approved projects are as follows:
Blair County
Mitchell and Bethann Frederick, through the Southern Alleghenies Planning and Development Commission, were approved for a 15-year, $250,000 Pennsylvania Industrial Development Authority (PIDA) loan at a 1.5 percent reset rate for the construction of a 3,000-square-foot addition to their existing 2,800-square-foot meat processing and retail facility located in Roaring Spring Borough, Blair County. The finished 5,800-square-foot facility will consist of retail space, an office, restroom, cut room, prep space, two walk-in coolers and one walk-in freezer. The project is expected to retain four jobs and create three new, full-time jobs at the project site within three years. The total project cost is $500,000.
More on The PennZone
- We Have Lots Of Loads LLC Expands Nationwide
- Eagle Americas Expands Into the Western U.S. With High West Machine Tool
- Desert Mountain Club Earns Prestigious Blue Zones Approved™ Triple Designation, a New Standard for Well-Being in a Luxury Lifestyle Community
- Outsports announces record-breaking number of LGBTQ+ athletes at 2026 Milan Winter Olympics
- Sheffield Clinic Highlights Safe, Inclusive Laser Hair Removal While Improving Access
Fulton County
Jason and Stephanie Shives, through the Southern Alleghenies Planning and Development Commission, were approved for a 15-year, $375,000 PIDA loan at a 1.5 percent reset rate for the construction of a 21,402-square-foot swine finishing barn in Licking Creek Township, Fulton County. This will be the second swine barn on the property. The Shives are currently under contract with Country View Family Farms and the new finishing barn will fall under this contract as well. The total project cost is $750,000.
Huntingdon County
Jeremy and Mary Breon, through the Southern Alleghenies Planning and Development Commission, were approved for a 12-year, $400,000 PIDA loan at a 2.5 percent fixed rate for the construction of a 26,880-square-foot poultry broiler house on the Breon's farm located in Tell Township, Huntingdon County. The Breons have entered into a seven-year contract, with a seven year auto-renewal, with Farmers Pride, Inc. The broiler house will become the farm's main source of income and will mark the end of the Breon's transition from a dairy operation into a poultry broiler operation, which was delayed due to the pandemic. The total project cost is $841,000.
More on The PennZone
- Appliance EMT Partners with Kids Motel Ministry in Metro Atlanta
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- Tech Workers Are Escaping "Forever Layoffs" By Becoming Their Own Boss
- Michael Judkins Releases New Poetry Book, Deeper Than You Think
- Heritage at South Brunswick Celebrates First Home Closing and Strong Sales Momentum
More information about the Commonwealth Financing Authority can be found on the Department of Community and Economic Development (DCED) website. To stay up-to-date on all Pennsylvania economic development news, follow DCED on Twitter, Facebook, and LinkedIn, and be sure to sign up for the department's monthly e-newsletter.
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- Voiset AI Planner Launches Smart Booking: Real Estate Agents, ADHD Coaches, Sales Teams End Calendar Chaos
- Max Tucci Makes His Highly-Anticipated Debut On QVC—unveiling A Bespoke Luxury Chocolate Collection Inspired By 100 Years Of Tucci Hospitality
- Vehicledle Launches as Daily Puzzle Game for Car Enthusiasts
- The Ms. Corporate America Maryland Competition Returns for an Unforgettable Evening of Leadership, Excellence, and Empowerment
- Precision Adult Care Expands 24/7 Adult In-Home Care Services to Meet Growing Demand in the Coachella Valley
- Metavalis Launches Massive Community Coat Drive in Branson to Support Local Residents
- Jim Breuer is Coming to The Eichelberger Performing Arts Center This May
- Peak Exteriors to Expand Its Services to Premium Outdoor Lighting Installation
- Ashley Wineland To Release Fiery Full-length Album "Wineland"
- Robert D. Botticelli Promoted to Century Fasteners Corp. – Director of Sales
- Openchannelflow Wins Web Excellence Award for Outstanding Digital Experience
- STS Capital Partners' Andy Harris Co-Authors 'The Extraordinary Exit,' A Practical Guide for Business Owners Considering a Sale
- One-Click Pro Audio for Streamers: "VoiceSterize" Automates Noise Reduction & Mastering on Mac
- Sole Publishing Announces Essential Parenting Book for Families Navigating the Teen Years
- From Factory Floor to Community Heart: The Rebel Spirit of Wisconsin's Wet Wipe Innovators
- UK Financial Ltd Lists MayaFund (MFUND) ERC-20 Token on CATEX Exchange Ahead of Planned ERC-3643 Upgrade
- Benjamin Ross Group Has Secured Financing for a Company with a Sale Price of $1,050,000
- Denver Apartment Finders Launches Revamped Denver Tech Center Apartment Location Page
- Roblox and Solsten Alliances; a Stronger Balance Sheet and Accelerated Growth Through AI, Gaming, and Strategic Partnerships for Super League: $SLE
- Boston Industrial Solutions' Natron® 512N Series UV LED Ink Earns CPSIA Certification