Trending...
- Mark Schork Selected As 'Board Observer' By Philadelphia Bar Foundation
- Long Long Tales: Bilingual Cartoon Series on Youtube Celebrating Chinese New Year
- NOW OPEN - New Single Family Home Community in Manalapan
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
- 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
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
- 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
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
- Best Criminal Defense Attorneys Of 2025 - ELA Awards
- Americans Need $1.26 Million to Retire But Have Just $38K Saved — So They're Building Income Instead
- Does EMDR Really Work? New Article Explores How Trauma Gets Stuck in the Brain and How Healing Begins
- New Medium Article Explores Why Emotional Conversations Fail and What Most People Don't Understand About Connection
- $80 Million Revenue Backlog for AI Cybersecurity Company Building the Future of Integrated Cybersecurity and Public Safety: $CYCU
- The Brave and the Rescued Honors LA Fire Department First Responders
- Slick Cash Loan shares credit score tips for borrowers using bad credit loans
- Crossroads4Hope Welcomes New Trustees to Board of Directors as Organization Enters 25th Year of Caring
- PromptBuilder.cc Launches AI Prompt Generator Optimized For ChatGPT, Gemini, Grok & Claude
- UK Financial Ltd Advances Compliance Strategy With January 30th CATEX Exchange Listing Of Maya Preferred PRA Preferred Class Regulated Security Token
- NOW OPEN - New Single Family Home Community in Manalapan
- Kintetsu And Oversee Announce New Partnership
- Save 10 Percent Off KeysCaribbean's Newly Added Luxury Vacation Home in Marathon
- Why 'Instant-Liquidity' Gaming is Dominating the Nordic Tech Demographic
- STATEMENT: Shincheonji on Religious Freedom Controversy
- SheRising: Friends in Solidarity Hosts Webinar on Women in South Sudan
- Cyntexa Outlines a Principles-first Approach to Modern Enterprise Transformation
- Kickstarter And Creator Camp Partner To Support A New Era Of Creator-led Independent Film
- Top 66 People-Centric Leaders of 2025 Prove Taking Care of People Is Taking Care of Business
- Kliemann Brothers Announces 2025 Furnace Giveaway Winners