The PennZone

  • Home
  • Non-profit
  • Technology
  • Education
  • Construction
  • Business
  • Entertainment
  • Health
  • Software

Pennsylvania: Governor Wolf Announces $11 Million to Support Business Expansion and Job Creation in Five PA Counties
The PennZone/10124239

Trending...
  • New Home of the Month: Spacious Luxury Meets Modern Design in The Bristol at Heritage at Manalapan
  • Tennessee Laws Lead with Psychotropic Drug Testing in Mass Shooting Cases and Comprehensive Reporting: CCHR Urges Nationwide Adoption
  • Thou Shalt not Commit Adultery Lifetime Movie Discussion
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
  • J&J Exterminating Celebrates 65th Anniversary and Unveils Strategic Vision at Annual Team Meeting
  • Tru by Hilton El Paso Airport Opens to Guests
  • Zenylitics Announces Leadership Transition to Continue Accelerated Growth
  • Wellness Technology Distributor Helping People Set Up Wellness Center Businesses
  • Christian Apocalyptic Thriller Explores Biblical Prophecy, Global Technology, & the Rise of the Ant

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
  • Turnstone Creative Expands Leadership Team with Addition of Marketing Manager
  • The Hidden Price Of Lost Property In UK Schools
  • Milton Collier, CEO & President of Freight Broker 911, Eliminates the #1 Barrier to Entry in Logistics: Announces 100% Free Freight Broker Training
  • FDA-Cleared AI Neuropsychiatry Platform, Million-Dose Ketamine Manufacturing and Presidential Psychedelic Initiative Drive Growing Momentum for NRXP
  • AI Velocity Trading Launches Institutional-Grade Algorithmic Engine for Retail Investors

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

Filed Under: Government, State

Show All News | Disclaimer | Report Violation
0 Comments
1000 characters max.

Latest on The PennZone
  • Thou Shalt not Commit Adultery Lifetime Movie Discussion
  • Book Florida Keys Accommodations Early with KeysCaribbean and Save 15 Percent
  • Color Card Administrator Highlights Growing Enterprise Demand for Workflow Orchestration in Enterprise Business Card Governance
  • Tennessee Laws Lead with Psychotropic Drug Testing in Mass Shooting Cases and Comprehensive Reporting: CCHR Urges Nationwide Adoption
  • Curious About Mensa? DFW Event Offers a 1-Day Immersion
  • Morphy's will breeze into summer with a June 10-11 Fine & Decorative Arts auction featuring nearly 1,200 high-quality lots
  • L-Tron to Exhibit at American Association for Motor Vehicle Administrators Region 1 Conference
  • Buzzblender Announces Launch of Simple Hotel Mode for Android and Upcoming Video Wall Support for Samsung Professional Displays
  • How Strategic WooCommerce Development and Digital Marketing Helped a Fashion Ecommerce Business Increase Revenue by 3X
  • Burkentine Builders Breaks Ground For Two New Communities
  • VIV Welcomes Residents to St. Petersburg's EDGE District
  • Evocative Joins the Independent Data Centre Network (IDCN) as Primary USA Operator
  • Philadelphia Scientist Roohid Parast Advances IBD Research at Johnson & Johnson
  • Medical Experts Highlight the Importance of Second Opinions in Death Investigations
  • Joseph Nybyk aka Neibich of Gilbert, Arizona
  • Omnitronics Unveils 100% Software omniGateDMR and omniGateP25 RoIP Gateways
  • KRE PRIME Launches Adaptive Convertible Jumpsuit
  • USA Med Bed Helping Home Care Patients with Refurbished Hill Rom Hospital Beds
  • Sobreseimiento de Nicolás dos Santos y Jorge Méndez expone demandas millonarias a Paraguay y boicot a la Hidrovía
  • CAPHRA warns Southeast Asia not to repeat Australia's nicotine policy failure

Popular on PennZone

  • People & Stories/Gente y Cuentos Welcomes Two New Trustees as Organization Enters 54th Year and Expands Community Reach
  • Assymetrix Launches the Deepest Independent Prediction Market Data API
  • Resident Inspect Joins Property Meld Nexus Network with API Integration
  • RAS AP Consulting Advances to RFP Stage in Heidelberg Materials' SAP Vendor & Customer Master Data Modernization Initiative
  • Expert E-Bike Safety Advocate Issues Urgent Warning Following Recent Southern California Fatalities
  • CCHR: 'Plant-Based' Psychedelics Push Masks Synthetic Drugs and Billion-Dollar Profits
  • "I'm Sicka Church Too: Give Me Kingdom!" Ignites a Powerful Call for Healing and Truth
  • Veikkaus Appoints New CFO as Finland's Gambling Monopoly Braces for Breakup
  • BTR: i2 Group Launches i2 Amplify, a Community Platform for Intelligence Professionals Worldwide
  • Umbrella Becomes First FinOps Platform to Support AWS Billing Transfer Onboarding

Similar on PennZone

  • Tennessee Laws Lead with Psychotropic Drug Testing in Mass Shooting Cases and Comprehensive Reporting: CCHR Urges Nationwide Adoption
  • CAPHRA warns Southeast Asia not to repeat Australia's nicotine policy failure
  • JFAB Consulting Elevates Brand with New Identity and Digital Experience
  • CCHR Highlights Concerns Over Coercive and Failed $140 Billion Mental Health Practices at Psychiatric Convention
  • Grow My Security Company Launches Next-Generation Website and Expands Strategic Marketing Solutions for the Security Industry
  • Virginia Marchese's Paradox: A Nation Still Deciding Who Belongs Examines Race, Migration, Law, and America's Unfinished Struggle for Equality
  • HHS Announces Major Push to Address Psychiatric Drug Risks: CCHR Applauds Focus on Informed Consent and Safe Tapering
  • Matthew Cossolotto Spotlights Make a Promise Day 2026 Events, Including Official Launch of Harness Your PromisePower and Issuing a "Peace Promise"
  • L2 Aviation Awarded IDIQ Contract by the U.S. Army for M1A2 Abrams Tank
  • Veikkaus Appoints New CFO as Finland's Gambling Monopoly Braces for Breakup
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us