Phoenix Tube Company Expands Bethlehem, Pennsylvania, Manufacturing Center
08/04/2022
The company is adding a new production line to manufacture small diameter stainless steel, titanium, and nickel alloy pressure tubing. The new 52,000-square-foot facility will be located on a 2-acre company-owned parcel at 1085 Win Drive, adjacent to its existing facility.
“All of us at Phoenix Tube are very grateful to the state and local leaders who worked on our behalf to aid in this project,” said Andrew Reale, President, and David Reale, CEO, of Phoenix Tube. “We are very excited to add to our product offerings and enter new markets that will enable us to continue to grow and expand our company. For over 40 years we have been a proud member of both the state and local business communities, and this commitment further strengthens our relationships. We look forward to many more decades of being a successful corporate partner with the Commonwealth of Pennsylvania and with our many devoted and loyal team members.”
As an incentive, the company received a funding proposal from the Department of Community and Economic Development (DCED) for $2.65 million in Pennsylvania Industrial Development Authority (PIDA) loans, a $90,000 Pennsylvania First grant, a $50,000 workforce development grant to train its new workers and is encouraged to apply for the department’s Enterprise Zone Tax Credit and Manufacturing Tax Credit programs.
“Phoenix Tube has called the commonwealth home for decades and we are thrilled to see them grow,” added Governor Tom Wolf. “This investment will create new, good paying manufacturing jobs that will boost the city and regional economy, strengthen our manufacturing industry, and help a longtime Pennsylvania company continue to thrive and succeed.”
Phoenix Tube Company, Inc. is one of the world’s leaders in stainless steel long products, with a focus on ornamental and structural tubing, as well as processed flat bar. With a manufacturing facility of over 250,000 square feet located on 15 acres in Bethlehem, the company is one of the largest in North America.
“It’s great to see Phoenix Tube’s continued growth here in the Lehigh Valley with the help of the commonwealth,” said Don Cunningham, President & CEO of the Lehigh Valley Economic Development Corporation (LVEDC). “Phoenix Tube is part of the expanding manufacturing sector in the Lehigh Valley, which last year became one of the 50 largest markets in the U.S. with more than 700 manufacturers employing 35,000 people and generating nearly $8 billion in annual GDP.”
Project Announcements
Japan-Based YKK AP America Plans Macon, Georgia, Manufacturing Center
08/19/2022
CF Industries Holdings-Mitsui Plan Ascension Parish, Louisiana, Carbon Capture Ammonia Plant
08/19/2022
Sub-Zero Group Establishes Cedar Rapids, Iowa, Light Manufacturing Plant
08/19/2022
WuXi STA Establishes Middletown, Delaware, Pharmaceutical Manufacturing Campus
08/18/2022
Cargill Upgrades St. Martin Parish, Louisiana, Operations
08/18/2022
Pet Supplies Plus Plans Orangeburg County, South Carolina, Distribution Hub
08/18/2022
Most Read
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
In Focus: “Golden Age” of Spec Development
Q3 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Using Robust Project Controls to Enhance Project Management
Q3 2022
-
Explosive Growth of Life Sciences Sector Comes with Challenges
Q3 2022