Quality Packaging Specialists Relocates To Lehigh Valley, Pennsylvania, Creating 280 Jobs
09/01/2012
The company will enter into a 10-year lease and invest $10 million to install clean rooms, purchase equipment and train employees.
"We are excited for the start of an expanded pharmaceutical packaging operation at QPSI," said QPSI founder, President and CEO Mike Ricketts. "The physical assets being deployed to delight pharmaceutical manufacturing customers, coupled with recruitment and highly technical training of local talent, underscore our commitment to investing in Pennsylvania."
Gov. Tom Corbett's Office said as an incentive the company received a financial assistance offer from the Department of Community and Economic Development that included a $500,000 Pennsylvania First grant, $100,000 in job training assistance, $566,000 in Job Creation Tax Credits and a $2.25 million loan from the Machine and Equipment Loan Fund. The project was coordinated by the Governor's Action Team, which worked directly with businesses considering locating or expanding in Pennsylvania.
"We are creating an economic environment in Pennsylvania that encourages business expansion and attracts new growth," Corbett said. "QPSI is the latest example of an out-of-state operation that will now call our state home. As a result, more than 280 jobs are coming to the Lehigh Valley."
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