Trending...
- Her Song Lives On: Remembering Mrs. Darlene Davis Porter
- Infinity Infusion Solutions Named Finalist for D Magazine's D CEO 2026 Excellence in Healthcare Awards
- Gary Bernstein Expands Media Leadership Role With Senior Strategic Advisor Appointment To Blacksun Private Equity
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
- Solid Earth's new "Welcome to Real Estate" campaign introduces RealtyID™: Know Before Your Open the Door
- Keystone Consulting Engineers Expands into Brodheadsville, Strengthening Regional Engineering
- Radio Drive's New Album Walk With Me Delivers Two GRAMMY® Submissions Across Rock and Alternative Categories
- Kaplan Morrell and Attorney Jacqui Condon Selected to Represent Professional Women's Soccer Players in Workers' Compensation Matters
- ClearSight Therapeutics Receives NIH SBIR Phase I Award for Conjunctivitis and EKC Research
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
- Lunai Bioworks (N A S D A Q: LNAI) Takes Parkinson's Discovery to the Next Level With Exclusive Tanaist Agreement
- Revenue Optics Names Prat Patibandla Director of Growth Marketing
- Independent Autopsies Are Changing Civil Cases: Kansas City Forensic Explains Why Families Are Seeking Second Opinions
- JEGS Launches Transformed Digital Commerce Platform Powered by PhaseZero
- Subject matter experts: Present your ideas at IISE Annual Conference 2027 in Louisville
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
- Ragin' Cajun Announces New Cheeseburger Seasoning on National Cheeseburger Day
- Warrant Activity, AVERSA™ Progress and a Potentially Transformative Fall Take Center Stage: Nutriband Inc. (N A S D A Q: NTRB)
- Put Your Herd on Your Phone: Kiko Nation Makes Livestock Management Simple
- Future Intelligence Think Tank Surpasses 1,000 Members Exploring Human and Artificial Intelligence
- Gary Bernstein Expands Media Leadership Role With Senior Strategic Advisor Appointment To Blacksun Private Equity
- Headline: House of Nova Paints Every Face in Gold at New York Fashion Week
- Can Government Operate Better Through Innovation?
- Michael H. Kaplan Advocates for Seriously Injured Colorado Workers Who Need In-Home Care
- Her Song Lives On: Remembering Mrs. Darlene Davis Porter
- Infinity Infusion Solutions Named Finalist for D Magazine's D CEO 2026 Excellence in Healthcare Awards
- Pittsburgh Creators Launch Clever New Children's Book, "The Sock Sleuth!"
- Canadian Tint Expo 2027: Why Every Window Tinter Should Compete in Niagara Falls on April 3rd & 4th
- Building a Diversified Healthcare Platform as Exosome Science, Telehealth, Diagnostics & Strategic Acquisitions Converge: NexTel Medical (OTCID: MAJI)
- Most Indiana Plane Crashes Happen Away from the State's Major Airports
- L2 Aviation Welcomes Jason Marshall as Vice President of Sales and Business Development
- Mom Era, Still That Girl: Family Art Tees 25% Off
- Fashion vs. Fascism - Because Democracy Should Always Be In Style
- Lee Gunn IV Shares Lessons From 40 Years in the Courtroom on PodNumbra Podcast
- [New Book] "Historic Maps of Philadelphia" Available Now!
- Michael H. Kaplan Recognized for 17 Years on PHPA Workers' Compensation Panel and Advocacy for Professional Athletes