The PennZone

  • Home
  • Non-profit
  • Books
  • Health
  • Business
  • Marketing
  • Entertainment
  • Legal
  • Sports

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

Trending...
  • Arizona Pest Control Surpasses $200,000 in Contributions to Southern Arizona High School Sports and Education Programs
  • OncoBeta Introduces Rhenium-SCT for Non-Melanoma Skin Cancer at Theageneio Cancer Hospital of Thessaloniki
  • TrueNorth Wellness Services Expands Rural Behavioral Health Care in Fulton County with Technology
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
  • Christmas Beats Summer in Paris: Travel Photoshoots Peak on Dec. 30
  • Qscription Technologies Welcomes Joanna Krause, MD, MRMD to Its Clinical Advisory Board
  • Jamie Foxx's SKVLK Fest Sets the Record Straight on Stabbing Reports Following Star-Studded Celebration
  • Coach Bulinda Wright Advances To Top Five In National 'Top Host 2026 Competition'
  • Andrew Balzano Releases One of My Life's Passions: Classics and Mysteries, a Fan's Guide to Great Mysteries Worth Rewatching

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
  • Feldman Shepherd Named as 2027 'Best Law Firm' by Best Lawyers -- Tier 1 National & Philadelphia
  • The 4th Annual Newark Summit for Economic Development, Placemaking & Innovation Returns on December 8th
  • Corner Property Management AAMC Awarded Community Management Contract for Belvidere at Doyle Square
  • Romanian Software Company ASSIST Software Ranks Second Nationally Among Large Enterprises in Its Category
  • TrueDriveCost Launches Free Calculators for the Real Cost of Owning a Car

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
  • ZenaTech (NAS DAQ: ZENA) $1 Million in New Utility Contracts- Potential $2.5 Million Follow-On Opportunity Puts Its Drone Business in the Spotlight!
  • New Patient Data Show REQORSA® Activating Cellular Repair Pathways as Roche Collaboration Advances Precision Lung Cancer Strategy for Genprex, Inc
  • Genuine Hospitality, LLC Selected to Operate Holiday Inn Express & Suites Jacksonville – Town Center
  • AI Trading Agents Analyze Pharmaceutical Stocks as Biotech Innovation Draws Attention (LLY, GILD, BSX, AZN, ABBV, MRNA)
  • Shiokly Launches Online Marketplace to Help Singapore Home-Based Businesses Sell More, With First Product Listed Free
  • Freight Broker 911 and Milton Collier Introduce "What's The 911?"—A New Podcast Built on Real Talk, Real Freight, and Real Opportunity
  • PropAccount.com Launches PropWallet, Turning Prop Firm Payouts Into Repeat Sales
  • Hope Survives Announces Hidden Impact, Its Second Brain Injury Podcast
  • Household Staffing Recognized as Principal Benefactor of the Nanny Relief Fund
  • KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
  • Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
  • New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
  • Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
  • TrueNorth Wellness Services Expands Rural Behavioral Health Care in Fulton County with Technology
  • Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
  • IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
  • FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
  • Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA
  • Shelter Structures America backs MATRA Second Life Project to turn retired tent vinyl into homes for displaced families
  • P-Wave Press Announces Becoming Dad: Reflections for New Fathers by L. A. Davenport

Popular on PennZone

  • ASSIST Software Wins Volkswagen Challenge for Automated Quality Inspection - 137
  • New Children's Picture Book "Tippy Tay" Explores the Dangers of Peer Pressure and the Importance of - 117
  • New Children's Picture Book "Adam's Apple" Celebrates Childhood Curiosity and the Funny Misundersta - 117
  • What Mold Remediation Costs in Gettysburg, PA: 2026 Price Ranges by Job Type - 111
  • ALight Technology And Services Limited Advances Through Peachscore + Dealum Accelerator and Join LvlUp Labs - 104
  • Pittsburgh Digital Marketing Agency Moves to Babcock Boulevard in the North Hills - 104
  • Corner Property Management AAMC Expands Presence with Clover Mill Management Agreement - 102
  • LS2 Partners with Angels Of Dirt's "Next Chapter Racer" Series Celebrating Women and Girls in Motorsports - 102
  • Creole101 Launches Multilingual Dictionary App with 50,000+ Entries, Vocabulary Games and Haitian Cultural Resources
  • Hunter's Garage Teams Up With The Small Batch for a Free Thanksgiving Meal

Similar on PennZone

  • Contracting Resources Group Named a 2027 Elev8 GovCon Honoree by OrangeSlices
  • The 4th Annual Newark Summit for Economic Development, Placemaking & Innovation Returns on December 8th
  • Cleveland Factory Worker Seeks Funding for AI-Readable Archive Exploring Advanced AI Restraint and Human Survival
  • Miami Dade College and World Affairs Council of Miami announce Navarro-Cabrera scholarship
  • Conservative Latinos for PA PAC Endorses Stacy Garrity for Governor: "Pennsylvania's Latino Families Need a Leader Who Delivers"
  • Atlanta Company Launches Free, Ad-Free, Nonpartisan Voter Planning App for All 50 States Ahead of the Nov. 3 Election
  • Political Concerns Drive US Investors to Golden Visas
  • Tek84 Unveils New Brand Identity Built to Magnify What Security Officers Can Do
  • Patton AI Launches Patton Hive 4.5: Wartime Breakthroughs for Drones and Robots When GPS Goes Dark
  • Tax Tops the List as Wealthy Brits Plan Their Exit, La Vida Survey Finds
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us