Trending...
- Parksy (parksy.com) Tackles the Most Common Parking Problem Nobody Talks About: Finding the Car Again
- 3ptechies Partners with Coolmuster to Give Away Data Recovery Software Licenses
- Easwe Lightweight Electric Wheelchair Collection with Travel-Focused Mobility Solutions
Governor Tom Wolf announced nearly $2.7 million in low-interest loans through the Pennsylvania Industrial Development Authority (PIDA) for three projects that will help companies in Bucks, Franklin, and Luzerne counties expand their operations, renovate facilities, and create jobs.
"Pennsylvania manufacturers drive our economy, providing critical goods, services, and jobs to consumers and workers across the commonwealth," said Gov. Wolf. "The funding approved today through PIDA will help businesses in three counties grow and improve their operations through additional space and more efficient equipment and processes."
In 2021, PIDA has approved $10,352,200 in low-interest loans that have resulted in $18,422,110 in private investment and supported 335 created and retained full-time jobs.
The approved projects are as follows:
Bucks County
Harry J. Lawall and Son, Inc., a manufacturer of custom prosthetics and orthotics, through Bucks County Economic Development Corporation, was approved for a 15-year, $1.83 million PIDA real estate loan at a 1 percent reset rate to acquire and renovate a 38,276-square-foot manufacturing facility situated on 4.88 acres in Middletown Township. The relocation will allow the company to consolidate five manufacturing, warehousing, and office facilities, creating a more efficient and cohesive environment. The company was also approved for a 10-year, $200,000 PIDA M&E loan at a 2 percent fixed rate to purchase machinery and equipment for the new facility, including sanding machines, air compressors, workbenches, an oven and hood, drum sanders, bandsaws, dust collectors, 3D printers, robotics equipment, milling machines and a bio sculpture machine. The total project cost is $4.06 million, and the company will retain 98 existing positions.
More on The PennZone
Franklin County
American Print Consultants, LLC (APC), through Franklin County Area Development Corporation, was approved for a 15-year, $400,000 PIDA loan at a 1 percent reset rate to acquire a 28,311-square-foot facility in Chambersburg Borough. The company has outgrown its current facility, and the new facility will provide additional office, warehouse, and manufacturing space including two loading docks. APC is a manufacturer of printing products, parts and services. The total project cost is $1,275,000 and APC will retain 13 full-time jobs within three years.
Luzerne County
National HVAC Manufacturing Company, LLC, through NEPA Alliance, was approved for a 15-year, $268,750 PIDA loan at a 1 percent reset rate to renovate its 20,600-square-foot manufacturing facility in Wyoming Borough and purchase machinery and equipment. The renovations will make the space more efficient through the installation of new flooring and lighting, a new HVAC system, hydronic boilers, new gas and sewer lines, and updated bathrooms and office space. National HVAC Manufacturing Company is a manufacturer and retailer of residential gas-fired and oil-fired cast-iron boilers. The total project cost is $537,500, and the company will create five and retain two full-time jobs within three years.
For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov.
More on The PennZone
SHARE Email Facebook Twitter
"Pennsylvania manufacturers drive our economy, providing critical goods, services, and jobs to consumers and workers across the commonwealth," said Gov. Wolf. "The funding approved today through PIDA will help businesses in three counties grow and improve their operations through additional space and more efficient equipment and processes."
In 2021, PIDA has approved $10,352,200 in low-interest loans that have resulted in $18,422,110 in private investment and supported 335 created and retained full-time jobs.
The approved projects are as follows:
Bucks County
Harry J. Lawall and Son, Inc., a manufacturer of custom prosthetics and orthotics, through Bucks County Economic Development Corporation, was approved for a 15-year, $1.83 million PIDA real estate loan at a 1 percent reset rate to acquire and renovate a 38,276-square-foot manufacturing facility situated on 4.88 acres in Middletown Township. The relocation will allow the company to consolidate five manufacturing, warehousing, and office facilities, creating a more efficient and cohesive environment. The company was also approved for a 10-year, $200,000 PIDA M&E loan at a 2 percent fixed rate to purchase machinery and equipment for the new facility, including sanding machines, air compressors, workbenches, an oven and hood, drum sanders, bandsaws, dust collectors, 3D printers, robotics equipment, milling machines and a bio sculpture machine. The total project cost is $4.06 million, and the company will retain 98 existing positions.
More on The PennZone
- As Canada and America Turn on Each Other, These Two Authors Stay On Speaking Terms
- Benny Turner Revisits Freddie King's Legacy for 50th Anniversary of His Passing
- GitKraken Names Jim Shaw CEO as Software Teams Move From AI Adoption to Multi-Agent Orchestration
- Brévant Guide Launches New National Restaurant Guide Across Canada
- Free JavaScript Charting Library ProEssentialsJS Permits Commercial Use. Highcharts, SciChart and LightningChart Free Tiers Do Not
Franklin County
American Print Consultants, LLC (APC), through Franklin County Area Development Corporation, was approved for a 15-year, $400,000 PIDA loan at a 1 percent reset rate to acquire a 28,311-square-foot facility in Chambersburg Borough. The company has outgrown its current facility, and the new facility will provide additional office, warehouse, and manufacturing space including two loading docks. APC is a manufacturer of printing products, parts and services. The total project cost is $1,275,000 and APC will retain 13 full-time jobs within three years.
Luzerne County
National HVAC Manufacturing Company, LLC, through NEPA Alliance, was approved for a 15-year, $268,750 PIDA loan at a 1 percent reset rate to renovate its 20,600-square-foot manufacturing facility in Wyoming Borough and purchase machinery and equipment. The renovations will make the space more efficient through the installation of new flooring and lighting, a new HVAC system, hydronic boilers, new gas and sewer lines, and updated bathrooms and office space. National HVAC Manufacturing Company is a manufacturer and retailer of residential gas-fired and oil-fired cast-iron boilers. The total project cost is $537,500, and the company will create five and retain two full-time jobs within three years.
For more information about the Pennsylvania Industrial Development Authority and other DCED initiatives, visit dced.pa.gov.
More on The PennZone
- Mito Health Passes One Million Lab Tests, Expands to Seven Categories of Preventive Health Testing
- VC Fast Pitch and Steamwork Ventures Bring Startup & Investor Networking Event to Santa Barbara on October 8
- Volant Announces Major Partnership with the STEM Racing Canada Program to CHAMPION YOUTH ENGINEERING
- Badanamu and Friends Live Brings Hit Animated Series to Stages Across the United States
- 54 Million Contract. New Chapter as AI Cybersecurity Platform Expands, Margins Surge & Management Signals Confidence. Cycurion, Inc: (NAS DAQ: CYCU)
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- Sensory Education launches new neuro-affirming psychoeducation book, Sensory Diversity
- Break the Resume Mold: Career Valet Changes How Executives Hunt for Jobs
- Expansive New Worlds Await Peter Darrach Unveils 'The Cleopard and Other Tales from the Second Skin
- James Dooley Named King of AEO at Ceremony in Leigh, England
- Calling all healthcare process experts: Share your ideas at #HSPI2027 in Orlando
- Data Ideology Achieves Elite Partner Status with Snowflake
- Central Bag Company Partners with WYSIWYG Marketing and Launches a Modern Industrial Website
- DuoKey launches the World's First Agentic Crypto Agility Platform
- Counterparts Exhibition - Art is Destiny!
- Sales Blueprint Architect Launches, Helping Sales Professionals, Business Owners, and Consultants Close More Business With AI
- Parksy (parksy.com) Tackles the Most Common Parking Problem Nobody Talks About: Finding the Car Again
- 3ptechies Partners with Coolmuster to Give Away Data Recovery Software Licenses
- INAD Warriors' 4th Annual "Dancing with the INAD Stars" Gala
- DAZN Review 2026: Streaming Price Worth It?
- Michael Fischer, President and CEO of Client 1st Financial, Named to LVB 300
- Easwe Lightweight Electric Wheelchair Collection with Travel-Focused Mobility Solutions
- Dr. Pen Official Introduces Advanced Microneedling Technology for Precision Skincare at Home
- Bspin Launches Lightning-Fast Crypto Gaming Expansion With Sportsbook, Poker, VIP Rewards, and Bitcoin Lightning Network Integration
- From Temecula Wine Country to Canyon Lake: Parkway Construction Transforms Outdoor Spaces for Inland Homeowners
- Tim Tebow to Headline BSI CORE Annual Summit, Bringing Nearly 400 Business Leaders Together at Bethlehem's SteelStacks