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
- Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
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
- 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
- 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
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
- 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
- A New Era Of Social Networking Is Here !
- Poetry Quarterly Returns in Print With Its Fall 2026 Issue, Featuring 42 Poets
- HIRO Ostomy Belt Launch by Richard O'Hamill
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- 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
- Logicraft Launches FuelDeck™, AI That Turns Aviation Fuel Tickets Into One Traceable Ledger
- Inaugural OC Tech Week Draws 3,000 From 12 Countries, Sends Finalist to $1M Startup World Cup
- Award-Winning American Hotelier Opens Art-Filled Luxury Cottage in Norfolk, England