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Area Development - Site Selection, Facility Planning and Workforce Development

Eldorado Stone To Locate Production Hub In Franklin County, Pennsylvania

09/29/2016
Eldorado Stone, a Headwaters Company that manufactures architectural stone veneer, will consolidate its Greencastle-based manufacturing facility and Hagerstown, Maryland-based distribution facility into a new dual-purpose site in Franklin County, Pennsylvania. The move will create 57 new jobs over the next three years in Antrim Township.

According to state officials, in an effort to streamline costs and improve efficiency, Eldorado Stone will lease a 432,000-square-foot, build-to-suit manufacturing and distribution facility on 25.4 acres in the Antrim Commons Business Park, Antrim Township. The company plans to invest $6,880,000 in the project, including the leasehold and upgrades to equipment and processes. Eldorado Stone has committed to the creation of 57 new, full-time jobs over the next three years, and to the retention of 243 existing employees.

“We at Eldorado Stone are grateful to the community and state for such an opportunity. By consolidating our operation, we will provide improved service to our customers. The move will allow us not only to service our customers better by improving our capacity, but will also provide an improved working environment for our colleagues. The flow of our manufacturing and warehousing operations will vastly improve in the areas of safety, ergonomics, and flow. These improvements will enable us to increase our capacity and shorten lead times for our customer,” said Eldorado Stone Plant Manager Frank Guthrie. “By staying in Franklin County, we are able to retain our skilled workforce and provide a superior product for our customers, so this opportunity is a win-win for all parties.”

Eldorado Stone received a funding proposal from the Pennsylvania Department of Community and Economic Development that includes a $250,000 Pennsylvania First Program grant and $114,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs. The company has also been encouraged to apply for a $400,000 in low-interest loans from the Pennsylvania Industrial Development Authority.

“Eldorado Stone’s decision to consolidate a Maryland facility with a Pennsylvania facility, creating one new facility and new jobs in Pennsylvania is great news and is illustrative of the commonwealth’s welcoming environment for businesses,” said Governor Tom Wolf.

The project was coordinated by the Governor’s Action Team, in collaboration with the Franklin County Area Development Corporation and the Greencastle-Antrim Chamber of Commerce.

“The construction of a 432,000-square-foot building in the Antrim Commons Business Park stands to be a catalyst for the continued development of what is arguably one of the premier business locations on the I-81 corridor,” said FCADC President Mike Ross. “Moreover, the company’s decision to maintain operations in Franklin County is reflective of Pennsylvania’s competitive business climate.”

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