support expansion of JWF Industries operations in Cambria County and the
acquisition and construction of a commercial and technology center in Blair
Harrisburg – Governor Tom Corbett today
announced the award of two Economic Growth Initiative (EGI) grants in Blair and
to JWF Industries of Cambria Country, will be used to support the expansion of
its Cramer Pike facility. JWF Industries is a leading manufacturer of
portable fluid storage tanks and above ground water enclosures that support the
natural gas industry.
last year, JWF Industries has been renovating a 160,000 square foot facility
that was once a World War II munitions and rail car factory and once housed
United Industrial Mechanical Services. The company looks to double the
number of employees to nearly 200 workers within the next five years.
Industries received a $1 million EGI in 2013. This round’s grant is
$1million as well.
EGI grant, awarded to the Altoona-Blair County Development Corporation will
support the site acquisition and construction of a retail, commercial and
office complex in Altoona. When completed, the location will house nearly
48,000 square foot, 12-screen theater complex, 13,000 square feet of retail
space, 6,200 square feet of restaurant space, a four-story hotel and a 26,000
square foot office building.
EGI is in the amount of $2 million. It is expected to help create and
retain nearly 800 jobs and generate $1,850,000 in annual tax revenue for the
Growth Initiatives are energizing local economies around our state,” said
Corbett. “Jobs are being created through these projects. We are
transforming oft-neglected parts of our towns into thriving centers of commerce
and recreation. Both of these projects exemplify the spirit and goals of
Corbett reformed the state’s method of funding Redevelopment Assistance Capital
Program with a significant redesign, making the process more transparent and
objective. Projects are now selected based upon their job-creation
potential, their economic impact, as well as their viability and construction
Corbett taking office, the state’s spending and borrowing for capital
redevelopment assistance had become unsustainable for the state and its
taxpayers, growing from $400 million in 1986 to slightly more than $4 billion
in 2010. Corbett also said that the program had strayed considerably from
its intended purpose of encouraging and assisting job growth through regional
economic development projects.
the Corbett Administration announced 58 new Economic Growth Initiative grants,
totaling more than $133 million. The announced projects are expected to create
more than 45,000 jobs in 24 counties across the state.
For a full
listing of selections and for more information, visit the Budget Office online
at www.budget.state.pa.us and
select the Redevelopment Assistance Capital Program link.
contact: Jay Pagni,
note: For statutory
and legislative purposes, the Economic Grow Initiative program will continue to
be known as the Redevelopment Assistance Capital Program.