Shapiro Administration Invests Nearly $4 Million to Boost Business Growth in Westmoreland County

The Shapiro Administration has announced a significant investment of nearly $4 million through the Pennsylvania Industrial Development Authority (PIDA) to stimulate business growth in Westmoreland County.

 

This initiative is part of a broader effort to enhance economic development across the Commonwealth.

 

In Penn Township, Weaver Investments Inc. has been approved for a 10-year, $2,142,000 loan at a 4.25% reset interest rate.

 

The funds will be used to construct two 30,000-square-foot flex buildings within the Bushy Run Industrial Park.

 

These modern facilities will feature energy-efficient designs, including steel-frame structures, 30-foot clear heights, and LED lighting.

 

Notably, Sunbelt Rentals and East Penn Manufacturing have committed to occupying these spaces, indicating strong demand for high-quality industrial facilities in the region.

 

In Blair County, Yerty Auto Service, Inc. has been approved for a 15-year, $1,850,000 loan to acquire and renovate a 126,008-square-foot industrial facility in Altoona.

 

This expansion is expected to create 10 new full-time jobs and retain 22 existing positions, further contributing to the local economy.

 

Since taking office, Governor Josh Shapiro and his administration have secured over $35.9 billion in private sector investments, leading to the creation of more than 18,800 jobs.

 

These efforts underscore a commitment to making Pennsylvania a leader in economic development and job creation.

 

For more information about the Department of Community and Economic Development and its initiatives, residents are encouraged to stay updated through official channels.