North American Höganäs High Alloys Expands Manufacturing Plant in Johnstown, Pennsylvania
To support the global demand for its high alloy products, Höganäs will expand its operations in Johnstown, Cambria County, adding new production capabilities to support additive manufacturing and other technologies. The project includes the construction of a 24,000-square-foot building, and the purchase of new machinery. The company has pledged to invest $10,590,000 into the project, which is expected to create 25 new, full-time jobs and retain 135 existing jobs over the next three years.
“This exciting investment, with the greatly appreciated support from the Governor’s Action Team and JARI, will help Höganäs continue to grow in Pennsylvania and provide innovative products for our customers in several quickly developing market areas,” said Dean Howard, President of Höganäs.
Höganäs received a funding proposal from the Pennsylvania Department of Community and Economic Development for a $75,000 Pennsylvania First grant, a $19,600 workforce development grant to help the company train workers, up to $50,000 in job creation tax credits to be distributed upon the creation of new jobs, and up to $500,000 in Enterprise Zone tax credits for the company’s investment in a designated distressed area.
“JARI is pleased to provide support to North American Höganäs High Alloys as the company expands their operations in the City of Johnstown,” said Linda R. Thomson, President & CEO of JARI. “Höganäs is a world class, internationally recognized company with state-of-the-art products that is meeting the demands of the new manufacturing age. We appreciate the continuation of the proud Cambria County tradition of leading the way for innovation and we thank the Wolf Administration for their continuous support.”
“Pennsylvania’s powdered metals industry is a major contributor to our manufacturing sector,” Governor Tom Wolf said. “Höganäs’ decision to expand here is great news for Pennsylvania manufacturing, and will provide at least 25 reliable, family-sustaining jobs for Cambria County workers.”
Germany-Based Fresenius Kabi Plans Regional Distribution Hub in Pleasant Prairie, Wisconsin
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
2018 Top States for Doing Business: Georgia Ranks #1 Fifth Year in a Row
A Changing Food Manufacturing Industry
2017 Food Processing
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
2018 Leading Metro Locations: Pacific and Mountain Metros Dominate the List
What Makes a Successful Innovation District?