A&L Foods, Inc. Invests More Than $2.3 Million In New Bensalem Township, Pennsylvania, Facility
10/10/2013
The Bucks County-based company’s acquisition and renovation of a new facility was made possible by a low-interest loan approved by the Pennsylvania Industrial Development Authority. As an incentive, the Pennsylvania Industrial Development Authority will provide a $945,000, 15-year, low-interest loan at 2.5 percent to the Bucks County Economic Development Corporation on behalf of A&L Foods, Inc. The Pennsylvania Industrial Development Authority is an independent authority staffed and regulated through the Department of Community and Economic Development.
“We are seeing progress throughout the state and companies like A&L Foods are expanding and investing in new growth,” said Corbett “The low-interest loan awarded today will help A&L jump start that growth and create new jobs.”
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