Taking advantage of low-interest loans provided by the state, three manufacturers will expand their operations in Pennsylvania and create 625 jobs across three counties.
The new projects include:
Abrasion steel fabricator and manufacturer Jadco Manufacturing Inc.'s 22,500-square-foot facility expansion in Butler County. The company will receive a $589,840 loan from the Pennsylvania Industrial Development Authority (PIDA) to complete the $1.55 million project.
The construction of Yurchak Printing Inc's $2.2 million, 35,000-square-foot building in Lancaster County. The digital laser printing service will receive a $678,000 PIDA loan.
A $2.85 million project by The Greater Hazelton Can-Do Inc. to complete phase two of the Humboldt Industrial Park North project. The park is expected to house seven manufacturing and/or warehousing tenants that will create approximately 600 jobs. The project, funded in part by a $915,000 PIDA loan, calls for a signalized entranceway, extending two roads, creating an emergency egress road, and a wetland mitigation project.
Gov. Edward Rendell said the state's economic development strategy is attracting private investment and boosting Pennsylvania's job count to record highs, while helping to strengthen the atmosphere in which businesses operate.
"By investing in our companies, our communities and our people, we've revitalized Pennsylvania's economy, attracted billions of dollars in private-sector investment, and created new opportunities for our people," said Rendell. "We've used our resources wisely to put many of the services and tools companies need to succeed in place. We've rebuilt and expanded our infrastructure and established shovel-ready sites businesses look for when choosing where to expand."
