Ritz-Craft Corporation of PA Expands Manufacturing in Mifflinburg, Pennsylvania
08/07/2018
“We have been working towards this day for over 10 years,” explains Paul D. John, President & CEO and co-owner of Ritz-Craft. “We have a great team of employees and we look forward to creating many more jobs. This assistance from the Wolf Administration will help grow Ritz-Craft and allow us to positively impact Mifflinburg and its surrounding communities.”
According to state officials, Ritz-Craft will increase its production capacity by more than 80 percent by reviving a dormant facility through a nearly $1,000,000 investment into renovations, upgrades, new equipment and tooling.
The company had shuttered two of its three Mifflinburg manufacturing facilities during the 2008 economic downturn. With assistance from the Wolf Administration, Ritz-Craft reopened a second plant in 2015. The revival of the third plant will enable the company to continue to expand its place in the market while providing jobs to more than 550 area residents.
Ritz-Craft received a funding proposal from the Pennsylvania Department of Community and Economic Development (DCED) for $120,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs and a $50,000 Pennsylvania First Grant. The company was also encouraged to apply for low-interest loans through the Pennsylvania Industrial Development Authority.
“This project is great news for manufacturing in Union County,” said Governor Tom Wolf. “Ritz-Craft is a major employer in this area, and the good-paying jobs it provides enables families in Mifflinburg and the surrounding communities to thrive. I am proud of my administration’s involvement with this company as it continues to grow.”
“This project is great news for manufacturing in Union County,” said Governor Wolf. “Ritz-Craft is a major employer in this area, and the good-paying jobs it provides enables families in Mifflinburg and the surrounding communities to thrive. I am proud of my administration’s involvement with this company as it continues to grow.”
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