First Quality Baby Products Invests More Than $25 Million To Expand Its Lewistown, Pennsylvania, Manufacturing Center
03/19/2014
On its website the company said “This expansion will enable our Company to increase our manufacturing and warehousing capacity in our Absorbent Hygiene division.”
“By partnering with the private sector, we’re creating a stronger Pennsylvania where our economy is growing and people are finding jobs,” Governor Tom Corbett said. “We are encouraging new growth by providing critical access to capital to support 150 new jobs in Mifflin County.”
As an incentive, the Pennsylvania Industrial Development Authority will provide a $2,250,000, 15-year, low-interest loan at 2.25 percent to Mifflin County Industrial Development Corporation on behalf of First Quality Baby Products, LLC.
PIDA is an independent authority staffed and regulated through the Pennsylvania Department of Community and Economic Development. The Authority provides capital for building acquisition, construction and renovation work, primarily for manufacturers, industrial developers, research and development firms, agricultural processors and employers looking to establish national or regional headquarters in Pennsylvania.
Last month, Governor Corbett announced that he has directed the Pennsylvania Department of Community and Economic Development to reduce the interest rates a few of its business loan programs to encourage small business and manufacturing growth and new job creation including PIDA loans.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024