Trending...
- Parkchester Oral & Maxillofacial Surgery Celebrates 450+ 5-Star Reviews
- Award-Winning Author Zane Carson Carruth Featured in USA Today for Inspiring Mission to Nurture Young Hearts Through Storytelling
- Year-Round Deals for Customers With Square Signs
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
- Dr. Jay A. Johannigman Delivers Lecture at the John R. Border Memorial Lectureship in Buffalo
- Powering the Next Frontier of the $1 Trillion Space Economy: Ascent Solar Technologies (N A S D A Q: ASTI)
- Taikan's T-V856S VMC Earns Prestigious 2025 Vogel Global Pioneer Award
- Flick Truck Accident Law Joins the Commercial Vehicle Safety Alliance to Strengthen Truck Safety Advocacy
- PebblePad Announces Global Partnership with Inside Higher Ed and Times Higher Education
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
- Passion Struck Network Debuts: A Creator-First Platform for Purpose-Driven Podcasting and Human Impact
- The Aligned Woman Is It Well With Your Soul
- Jonathan Malveaux Named Newest Member of Forbes Business Council
- NFL Midseason 2025: Who's for Real and Who's Faking It?
- Silver Ball, Golden Heart: Dallas-Area Pinball Wizards Flip for Charity at Side Quest Arcade
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- Flexible Plan Investments launches FlexDirex, a first-to-market suite of single-stock ETF strategies in the U.S
- Cody Keller Bookkeeping Empowers Harrisburg Entrepreneurs with Stress-Free Financial Management
- Revenue Optics Ignites AI Revolution in Industrial Distribution
- Arnica Unveils "Arnie AI" to Secure the Future of AI-Driven Software Development
- Axiros North America Announces New CEO: Gabriel Davidov
- CCHR Exposes Harms Behind Today's Mental Health Awareness Campaigns
- Now Is the Right Time: Kaltra Highlights Its Proven Replacement Microchannel Coils
- How to Optimize Your Website for AI Search with DeepRank AI
- New Free Science Bingo Cards Help Grade 1 Students Learn Through Play
- DeployHub Joins Catalyst Campus SDA TAP Lab
- Veterans Day 2025: Virginia Veterans Can Claim Free Words of Veterans Book Vouchers
- East Pennsboro High School Student Elijah Brown Selected for Prestigious National MLB Showcase
- Award-Winning Author Zane Carson Carruth Featured in USA Today for Inspiring Mission to Nurture Young Hearts Through Storytelling
- Parkchester Oral & Maxillofacial Surgery Celebrates 450+ 5-Star Reviews
- The AI CEO Partners with D3 Hockey News to Elevate the Voice of Division III Hockey Nationwide
- Statement from the Campaign of Theodis Daniel, Republican for U.S. Congress (TX-18)
- Divine Punk Announces Happy Christmas, a Holiday Soundscape by Rebecca Noelle
- $430 Million 2026 Revenue Forecast; 26% Organic Growth; $500,000 Stock Dividend Highlight a Powerful AI & Digital Transformation Story: IQSTEL $IQST
- Wzzph Deploys 5-Million-TPS Trading Engine with Hot-Cold Wallet Architecture Serving 500,000 Active Users Across Latin America
- Preston Dermatology & Skin Surgery Center and Dr. Sheel Desai Solomon Dominate Raleigh's Best Awards from The News & Observer