Governor Corbett Announces 73 New Manufacturing Jobs with
Brazilian Company’s New Facility in Franklin County
is a direct result from the governor’s JOBS1st Mission to Brazil and Chile
Harrisburg – Continuing
to advance his JOBS1st PA initiative, Governor Tom Corbett today announced that
Torcomp USA, LLC, a machinery manufacturer, will establish its first U.S.
facility in Franklin County, a move that will create 73 new jobs.
“I led a
delegation to Brazil and Chile last spring to increase Pennsylvania’s
international presence and bring new job-creating projects back to the
commonwealth,” Corbett said. “Today’s announcement will result in Torcomp
bringing its first manufacturing facility to Pennsylvania, as well as 73 new
will construct a 16,400-square-foot manufacturing plant in Greene Township,
Franklin County. The company plans to invest more than $9 million at the new
site and has also committed to creating at least 73 new jobs over the next
received a funding proposal from the Department of Community and Economic
Development including a $75,000 Pennsylvania First Program grant.
Pennsylvania Industrial Development Authority (PIDA) will provide a $640,000,
15-year, low-interest loan at 2.25 percent to Franklin County Area Development
Corporation (FCADC) on behalf of Torcomp. The company has also been encouraged
to apply for a $3,000,000 low-interest loan from the Machinery and Equipment
Loan Fund. The company has accepted the funding proposal, but must still apply
for each loan and grant and agree to the terms prior to award receipt.
the first investment of Torcomp outside Brazil. It is a big step for a company
like ours and, without the support of the Pennsylvanian Government, FCADC and
the local community, it would probably be impossible to implement,” said
Fabrizio Giovannini. “We still have a lot of work ahead, but we believe that
our Chambersburg plant is an essential part of the future of our business.”
was coordinated by the Governor’s Action Team, an experienced group of economic
development professionals who report directly to the Governor and work with
businesses that are considering locating or expanding in Pennsylvania in
collaboration with the FCADC.
“This is a
significant project for Franklin County and we appreciate the support and
assistance from the Department of Community & Economic Development,” said
L. Michael Ross, President, FCADC.
1957, Torcomp is headquartered in Sao Paulo, Brazil and is a manufacturer of
machined parts and small to mid-size mechanical assemblies using advanced CNC
machining processes. Torcomp supplies a wide range of companies but it
specializes in serving vehicle manufacturers.
information on Torcomp, USA, LLC visit www.torcomp.com.br.
2012, Gov. Corbett launched JOBS1st PA as a comprehensive roadmap to economic
recovery that harnessed the state’s resources and talents to prioritize
private-sector job creation and retention. Today, Pennsylvania's unemployment
rate stands at a five-year low and jobs have been growing on a consistent basis
for nearly four years.
information about Corbett’s commitment to job creation, visit www.pa.gov.
Caras, Governor’s Office; 717-783-1116
Kensinger, DCED; 717-783-1132