Mark Group, one of Europe's biggest home energy efficiency companies with headquarters in Leicester, United Kingdom, has chosen to locate in Pennsylvania's Philadelphia Navy Yard. Mark Group will create nearly 320 jobs in the next three years.
"The creation of alternative energy sources is key to America's economic future, and Greater Philadelphia is the nation's hub of energy efficiency research and development," said Mark Group U.S. CEO Jeff Bartos. "We are excited to launch our business from Philadelphia and to deliver energy efficiency upgrades to homes throughout the nation, and we thank the Rendell administration for the state's investment in our company."
Mark Group installs energy use measures in homes that track energy consumption and encourage energy savings.
The Governor's Action Team offered Mark Group $3.28 million, including a $2 million Pennsylvania Industrial Development loan, a $500,000 opportunity grant, a $638,000 job creation tax credit, and $143,550 from WEDnet, a work force Web portal that advances training and education of workers and employers in Pennsylvania.