Universal Electric Corporation Plans $11.5 Million Expansion At Its Canonsburg, Pennsylvania, Manufacturing Plant
“Our company was founded in Pennsylvania and we are excited to be expanding here,” said Joel Ross, CEO of Universal Electric Corporation. “This incentive program along with an available skilled workforce were factors that played a part in our decision to expand in Pennsylvania. We look forward to being a growing, successful global company for many years to come.”
As an incentive, the company received a funding proposal from the Pennsylvania Department of Community and Economic Development including $116,000 in Job Creation Tax Credits and has also been encouraged to apply for a $2 million loan from the Pennsylvania Industrial Development Authority.
The project was coordinated by the Governor’s Action Team. “Manufacturing continues to play a strong role in Pennsylvania’s robust economy,” said Governor Tom Corbett. “We are proud to partner with Universal Electric Corporation to grow Pennsylvania manufacturing and bring 58 new jobs to Washington County.”
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