Royal Industries International Relocates Manufacturing to Allentown, Pennsylvania
10/11/2017
The company currently operates in a 55,000-square-foot facility in Brooklyn and needs more space to accommodate additional production resulting from recent company acquisitions.
Royal will purchase an 85,000-square-foot facility in the City of Allentown, and has pledged to invest at least $3,730,000 into the project, including the building acquisition, renovations, and the purchase of equipment and furniture. The project will create 80 new Pennsylvania jobs over the next three years.
“I feel like the city of Allentown really wanted us,” said Mike Rudensky, who owns Royal Industries along with his brothers. “The Lehigh Valley Economic Development Corporation and the Governor’s Action made us feel very welcome, and I look forward to working with everyone in the future as we move forward with this project.”
As an incentive, Royal received a funding proposal from the Pennsylvania Department of Community and Economic Development for a $27,000 WEDnet grant for job training and $63,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs, and a $1,825,000 Pennsylvania Industrial Development Authority low-interest loan. The project was coordinated by the Governor’s Action Team in collaboration with the Lehigh Valley Economic Development Corporation (LVEDC).
“We are very thankful that Royal Industries has chosen to call the Lehigh Valley its home,” said Don Cunningham, LVEDC President & CEO. “This project was aided by the remarkable collaborative efforts of several Lehigh Valley organizations, including LVEDC, the city of Allentown, and the Greater Lehigh Valley Chamber of Commerce. Economic development doesn’t occur in a vacuum, and while these organizations have always worked closely together, the level of collaboration in this instance has been truly exemplary.”
“This move from Royal isn’t just a big win for Allentown and the Lehigh Valley, it’s a big win for Pennsylvania,” said Governor Tom Wolf. “When companies choose to relocate here to Pennsylvania from another state, it shows that we have the business climate that enables companies large and small look for when they plan to grow thrive. I applaud Royal for their decision to come here, and on behalf of the commonwealth, I welcome them to Pennsylvania.”
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