Beemac Trucking Receives State Loan for Expansion in Beaver County, Pennsylvania
The company provides asset-based trucking, logistics, port, warehousing, and specialized services to customers throughout the United States, Mexico, and Canada.
The company received a low-interest loan through the Pennsylvania Industrial Development Authority as an incentive. According to Governor Tom Wolf’s Office, the company was approved for a $1,573,087, 15-year loan at a 3 percent rate through the Beaver County Corporation for Economic Development. Funding will be used for construction of an eight-bay state-of-the-art maintenance facility and a service shop with a 110-space paved truck and trailer marshaling area.
The total project cost is $3,146,173. The project will enable the company to create 24 full-time jobs while retaining 190 full-time jobs within three years.
“This approval provides the critical access to capital that is needed for Beemac Trucking to grow,” Governor Tom Wolf said. “For the past 35 years, this company has had great success in Beaver County, and we are proud to support its expansion and continued growth right here in Pennsylvania.”
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
2018 Leading Metro Locations: Pacific and Mountain Metros Dominate the List
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
What Makes a Successful Innovation District?