CryoConcepts Relocates-Plans Forks Township, Pennsylvania, Manufacturing Complex
The company will move from its current 7,519-square-foot facility in Bethlehem to a 23,275-square-foot facility to consolidate operations.
“CryoConcepts is committed to expanding its manufacturing capabilities in the Lehigh Valley,” said Sam Niedbala, CEO of CryoConcepts. “The Governor’s Action Team helped us navigate to our new facility, along with support for training our expanding workforce. Because of their great support, we’ve been able to quickly ramp up to meet our production needs.”
As an incentive the company received a funding proposal from the Pennsylvania Department of Community and Economic Development for a $400,000 Pennsylvania Industrial Development Authority (PIDA) loan, a $183,000 Pennsylvania First grant and a $50,000 workforce development grant to train workers.
“I’m glad that DCED and the Governor’s Action Team could help get this project across the finish line and keep this manufacturing company here in Pennsylvania,” noted DCED Acting Secretary Neil Weaver. “CryoConcepts is a growing, trail-blazing company that will help bolster economic growth in the Lehigh Valley region.”
CryoConcepts, LP is a leader in cryo-based technologies that treat skin issues such as warts, skin tags, and hyperpigmentation. The company sells its products in over 44 countries.
“CryoConcepts is a cutting-edge company bringing innovation to the world of cryosurgical devices and procedures,” added Don Cunningham, President & CEO of the Lehigh Valley Economic Development Corporation (LVEDC). “We are grateful for the commonwealth’s investment in them and CryoConcepts decision to grow in the Lehigh Valley, where the region’s thriving life sciences sector is more than 170 businesses strong, many of them contributing to the region’s $8.4 billion manufacturing sector.”
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