Trending...
- The Finger Comb, a Dream Inspired 3-in-1 Styling Tool introduced by Andrea L. Randolph
- Bishop Mary's WWDB 860 AM Show Nears Historic 250-Episode Milestone
- Dog Grooming Businesses Turn to Performance-Based Platforms to Attract Local Clients
Governor Tom Wolf announced more than $11 million in low-interest loans through the Pennsylvania Industrial Development Authority (PIDA) that will help seven companies in five counties create and retain employees, grow their operations, and improve their facilities.
"Pennsylvania's job creators are getting people back to work, creating new opportunities and possibilities for communities all across the commonwealth," said Gov. Wolf. "Today's approved projects are a testament to the strength and resilience of our manufacturers, who are creating the products, services, and jobs we need to secure a bright, stable economic future."
In 2021, PIDA has approved $13,620,950 in low-interest loans that have resulted in $22,407,560 in private investment and supported 453 created and retained full-time jobs.
The approved projects are as follows:
Blair County
DelGrosso Foods, Inc., through Altoona-Blair County Development Corporation, was approved for a 15-year, $1.615 million loan at a 1 percent reset rate to renovate a vacant 160,220-square-foot building in Antis Township to become the future home of a new, expanded food manufacturing facility. Proposed renovations are extensive and include earthwork and stormwater management upgrades, concrete foundations and paving, plumbing, electrical, and HVAC upgrades, new doors, windows, drywall, paint, and an upgraded fire protection system. The total project cost is $12,800,000, and the company will retain 113 full-time employees and will create 26 new full-time jobs within three years.
Lancaster County
Flex-Cell Precision, Inc., through EDC Finance Corporation, was approved for a 15-year, $1.485 million loan at a 1 percent reset rate to expand its manufacturing facility in Lancaster City. The property currently consists of 17,500 square feet and through this project, will be expanded to 41,010 square feet. The total project cost is $3,300,000, and the company will create 10 and retain 45 full-time jobs within three years.
More on The PennZone
Messick Farm Equipment Inc., through EDC Finance Corporation, was approved for a 15-year, $2 million loan at a 1 percent reset rate to construct a 264,308-square-foot building in Rapho Township. The building will be mixed use, consisting primarily of warehouse and distribution, light manufacturing/service, office, and showroom space. The total project cost is $21.9 million, and the company will retain 100 full-time employees.
Rock Lititz Studio, LLC, through EDC Finance Corporation, was approved for a 15-year, $2 million loan at a 1 percent reset rate to build a 44,400-square-foot rehearsal studio known as Studio 2. The project site is located within the Rock Lititz Campus on a 96-acre Business Park in Warwick Township. The total project cost is $12,018,436, and the project will retain 125 full-time employees and create 5 full-time jobs within three years.
Monroe County
Tobyhanna Site LLC, through Northeastern Pennsylvania Alliance, was approved for a 15-year, $2 million loan at a 1 percent reset rate to construct a new 28,000-square-foot medical facility in Tobyhanna Township. Ninety percent of the space will be leased to St. Luke's Health Network, Inc. through a 15-year lease. The remaining ten percent will be occupied by a Dunkin Donuts coffee shop. The construction of this new facility will provide the public with access to St. Luke's University Health Network's physicians as well as other services such as medical procedures, physical therapy, laboratory services, medical office space, X-ray, and pediatrics. The total project cost is $8,755,182, and St. Luke's has committed to create 95 full-time jobs at the project site within three years.
More on The PennZone
Schuylkill County
That Fudge Place, LLC, through Northeastern Pennsylvania Alliance, was approved for a 15-year, $250,000 loan at a 1 percent reset rate to acquire and renovate a 10,296-square-foot building in Wayne Township. The newly renovated space will be the new location of That Fudge Place, LLC, a manufacturer of fudge products. The total project cost is $500,000, and eight current full-time employees will move into the new facility following the completion of renovations. The company anticipates creating five additional full-time jobs within three years.
York County
PSC Biotech Corporation (d/b/a BioTechnique), through York County Economic Development Corporation, was approved for a 10-year, $2 million loan at a 1 percent reset rate to acquire a 163,885-square-foot manufacturing facility located at 250 Cross Farm Lane in Conewago Township. The company is also working with the Governor's Action Team on this project, and the relocation will allow PSC Biotech Corporation to develop a contract manufacturing organization (CMO) cytotoxic-fill-finish facility at the new facility. The total project cost is $5,350,000, and this project will allow the Company to retain three full-time employees and create 100 full-time jobs within three years.
For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov.
SHARE Email Facebook Twitter
"Pennsylvania's job creators are getting people back to work, creating new opportunities and possibilities for communities all across the commonwealth," said Gov. Wolf. "Today's approved projects are a testament to the strength and resilience of our manufacturers, who are creating the products, services, and jobs we need to secure a bright, stable economic future."
In 2021, PIDA has approved $13,620,950 in low-interest loans that have resulted in $22,407,560 in private investment and supported 453 created and retained full-time jobs.
The approved projects are as follows:
Blair County
DelGrosso Foods, Inc., through Altoona-Blair County Development Corporation, was approved for a 15-year, $1.615 million loan at a 1 percent reset rate to renovate a vacant 160,220-square-foot building in Antis Township to become the future home of a new, expanded food manufacturing facility. Proposed renovations are extensive and include earthwork and stormwater management upgrades, concrete foundations and paving, plumbing, electrical, and HVAC upgrades, new doors, windows, drywall, paint, and an upgraded fire protection system. The total project cost is $12,800,000, and the company will retain 113 full-time employees and will create 26 new full-time jobs within three years.
Lancaster County
Flex-Cell Precision, Inc., through EDC Finance Corporation, was approved for a 15-year, $1.485 million loan at a 1 percent reset rate to expand its manufacturing facility in Lancaster City. The property currently consists of 17,500 square feet and through this project, will be expanded to 41,010 square feet. The total project cost is $3,300,000, and the company will create 10 and retain 45 full-time jobs within three years.
More on The PennZone
- Legacy of Learning Benefit to Support Scholarships at Grace Montessori School
- Colorfront Launches New Mac App For Creating Apple Immersive Video
- Michele Mundy's "Divinely Tailored" Gains Momentum
- Blue Notes & Blessings To Showcase Grammy Award-winning Jazz At Benefit Event For Beaver County
- Free PDF Tools Online: Edit, Convert, Compress, Merge and Manage PDF Files in One Platform
Messick Farm Equipment Inc., through EDC Finance Corporation, was approved for a 15-year, $2 million loan at a 1 percent reset rate to construct a 264,308-square-foot building in Rapho Township. The building will be mixed use, consisting primarily of warehouse and distribution, light manufacturing/service, office, and showroom space. The total project cost is $21.9 million, and the company will retain 100 full-time employees.
Rock Lititz Studio, LLC, through EDC Finance Corporation, was approved for a 15-year, $2 million loan at a 1 percent reset rate to build a 44,400-square-foot rehearsal studio known as Studio 2. The project site is located within the Rock Lititz Campus on a 96-acre Business Park in Warwick Township. The total project cost is $12,018,436, and the project will retain 125 full-time employees and create 5 full-time jobs within three years.
Monroe County
Tobyhanna Site LLC, through Northeastern Pennsylvania Alliance, was approved for a 15-year, $2 million loan at a 1 percent reset rate to construct a new 28,000-square-foot medical facility in Tobyhanna Township. Ninety percent of the space will be leased to St. Luke's Health Network, Inc. through a 15-year lease. The remaining ten percent will be occupied by a Dunkin Donuts coffee shop. The construction of this new facility will provide the public with access to St. Luke's University Health Network's physicians as well as other services such as medical procedures, physical therapy, laboratory services, medical office space, X-ray, and pediatrics. The total project cost is $8,755,182, and St. Luke's has committed to create 95 full-time jobs at the project site within three years.
More on The PennZone
- Evermore Bliss Launches AI Wedding Speech Writer to Help Users Create Personalized, Heartfelt Toasts
- Keenethics enters the ChatGPT Apps ecosystem as a new growth opportunity for businesses
- Spring Into Your New Home at Heritage at South Brunswick
- ULiveUSA Launches New "Moment Marketing" System Using Videos to Help Local Businesses Get More Customers
- UK Financial Ltd Launches UKFL Premier One as Its Official Broadcast Channel for Premium Content, Podcasts & Independent Expert Analysis
Schuylkill County
That Fudge Place, LLC, through Northeastern Pennsylvania Alliance, was approved for a 15-year, $250,000 loan at a 1 percent reset rate to acquire and renovate a 10,296-square-foot building in Wayne Township. The newly renovated space will be the new location of That Fudge Place, LLC, a manufacturer of fudge products. The total project cost is $500,000, and eight current full-time employees will move into the new facility following the completion of renovations. The company anticipates creating five additional full-time jobs within three years.
York County
PSC Biotech Corporation (d/b/a BioTechnique), through York County Economic Development Corporation, was approved for a 10-year, $2 million loan at a 1 percent reset rate to acquire a 163,885-square-foot manufacturing facility located at 250 Cross Farm Lane in Conewago Township. The company is also working with the Governor's Action Team on this project, and the relocation will allow PSC Biotech Corporation to develop a contract manufacturing organization (CMO) cytotoxic-fill-finish facility at the new facility. The total project cost is $5,350,000, and this project will allow the Company to retain three full-time employees and create 100 full-time jobs within three years.
For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov.
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- Space Opera Debut Earns Prometheus Award Nomination
- Card makers turn to Pink and Main for tools to support their craft
- Revenue Optics Completes Full Commercial Buildout. A Nine-Month-Old Firm Built on 25 Years of Distribution Expertise. Five Clients From $200M to $3B
- EduCare Inc. Bridges Critical Gap in Breast Cancer Education with Spanish COPE Library Launch
- Engineering leaders from industry, academia to gather at IISE Annual Conference & Expo in Arlington, Texas
- AI-Driven Neurotechnology Expansion as FDA Path Clears and New Defense Initiative Emerges for NRx Pharmaceuticals (N A S D A Q: NRXP)
- BestDoc Launches AI Call Center for Healthcare
- Authentise Launches "Whisper," Agentic AI Backbone for Engineering & Manufacturing
- Old Economy Village Invites Visitors to Explore its 2026 Event Season
- Acuvance Appoints Sandeep Sabharwal to Board of Directors, Strengthening Leadership to Support Continued Platform Growth
- Grange Insurance Association to Rebrand as Granwest Insurance on July 1, 2026
- Dr. Rosendo Icochea, MD Recognized for Contributions to Surgical Education and Medical Research
- Giftella Launches AI Gift-Finder App That Replaces Guesswork With Personalized Picks in Seconds
- Beverly.io Announces Nationwide Expansion and Poppins Payroll Partnership for Families
- Collectors gathered 'round the playing circle to compete for the rarest and best examples at Morphy's April 11 Premier Marbles auction
- New Book: The Battle for Truth and Shadows - Guardians of Light - Epic Fantasy Unveils a War Between Light and Deception
- Clash of Prompts: The World's First AI Prompt Battle Royale
- $7.6 Billion US Crypto ATM Market by 2034; California and Texas Crypto ATM Deployments for Bitcoin Bancorp (Stock Symbol: BCBC); 1000 Kiosk Inventory
- MainConcept Announces Multiview Encoding for Apple Immersive Video
- CCHR Rejects Global Psychiatric Push to Electroshock Children