DCED Secretary Helps to Open New Manufacturing Facility in Blair County
Gardner Denver Sees Rapid Business Growth in Marcellus Shale Region
ALTOONA, Pa., May 10, 2012 /PRNewswire-USNewswire/ -- Department of Community and Economic Development Secretary C. Alan Walker today helped Gardner Denver open a new manufacturing facility that will bring at least 40 new jobs to the region.
"Governor Corbett is committed to encouraging job growth in Pennsylvania through pro-business initiatives and responsible development of our natural resources," said Walker. "Today is proof that this approach is working."
Gardner Denver chose to locate its new facility in Blair County to respond to the company's rapid growth in the natural gas industry. The facility will manufacture fluid ends used in pressure pumps and will provide onsite service to its customers in the Marcellus Shale region. Gardner Denver has committed to creating at least 40 new jobs within the next three years.
"There is very little drilling in this area, yet Marcellus Shale is creating good-paying jobs right here in Blair County," Walker said. "Gardner Denver is a great example of the potential for job creation associated with shale gas development in our state."
The Altoona Blair County Development Corporation built the 70,000 square-foot facility on a 10.5-acre site at its I-99 Enterprise Campus. It is being leased to Gardner Denver Inc. under a 15-year agreement.
"This project is a great example of state government partnering with business and local economic development organizations in order to bring new jobs and investment to Pennsylvania," Walker added.
Gardner Denver, Inc., (NYSE: GDI) with 2011 revenues of approximately $2.4 billion, is a leading worldwide manufacturer of highly engineered products. In 2010, Gardner Denver moved its corporate headquarters from Illinois to Chester County. The company has 40 manufacturing facilities and offices in 36 countries.
For more information about economic development initiatives in Pennsylvania, visit www.newPA.com or call 1-866-466-3972.
Media contact: Steve Kratz, 717-783-1132
SOURCE Pennsylvania Department of Community & Economic Development
RELATED LINKS
http://www.state.pa.us
More by this Source
Pennsylvania Set to Host 113th United States Open Golf Championship at Historic Merion Golf Club
Jun 12, 2013, 11:05 ET
Corbett Administration Recognizes Local Governments and Officials for Commitment and Dedication to Community Improvement
Apr 16, 2013, 11:00 ET
Corbett Administration Announces Extended Interest Rate Reduction to Spark Economic Growth and Job Creation
Apr 03, 2013, 09:22 ET
Featured Video
Journalists and Bloggers
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.