VEKA Inc. Invests $6 Million To Expand Beaver County, Pennsylvania, Manufacturing Plant
Area Development Online News Desk (07/23/2013)
VEKA, Inc., a manufacturer of vinyl windows and doors, will add new equipment and invest more than $6 million to expand its Fombell facility, creating 38 new jobs in Beaver County, Pennsylvania. The project is also expected to retain another 364 jobs.
Founded in Germany as VekaPlast in 1967, the firm manufactures and distributes vinyl extruded PVC profiles for the window and door manufacturing industry. The company sells predominantly to the residential remodeling and new construction housing markets. VEKA also manufactures and distributes PVC fence lineals, kits and accessories to the fence and railing industry and deck lineals to the decking industry.
“We are really excited that Pennsylvania has stepped up to assist us in our expansion project to create a new energy efficient window system for our newest client,” James Druschel, vice president, finance and CFO said. “VEKA has three manufacturing sites in the U.S. and we decided to expand our operations in Pennsylvania to supply this new customer. Pennsylvania's assistance was definitely a factor in our decision to expand locally.”
“We remain committed to supporting projects and initiatives that support our number one goal: helping Pennsylvanians obtain a good-paying job,” Gov. Tom Corbett said. “The investments we make today to support business growth will lead to a strong economy and jobs for the residents of Beaver County.”
The company received a funding offer from the Department of Community and Economic Development including a $190,000 Pennsylvania First Program grant, $114,000 in Job Creation Tax Credits and a $17,100 Guaranteed Free Training grant which will be used to prepare its new workforce. The project was coordinated by the Governor’s Action Team in collaboration with the Pittsburgh Regional Alliance and the Beaver County Corporation for Economic Development.
“VEKA’s announced plans to expand operations and create additional jobs in Beaver County speak to a rebirth of U.S. manufacturing, which the Pittsburgh region has the expertise and capacity to lead,” Dewitt Peart, Pittsburgh Regional Alliance President said. “Despite competition from another state for the project, Germany-based VEKA chose southwestern Pennsylvania, where it has had U.S. roots since 1983.”