HARRISBURG, Pa., Oct. 20 /PRNewswire-USNewswire/ -- The Department of Community and Economic Development today announced that the commonwealth will invest $115,000 to help a utility trailer manufacturer expand and preserve jobs in Washington Township, Franklin County.
CAM Superline Inc., which manufactures construction trailers, dump inserts for pickup trucks and equipment haulers, has received its financing from the state's Small Business First program.
"This project will allow CAM Superline Inc. to expand its manufacturing line to include utility trailers specific to the agricultural industry," DCED Secretary Austin Burke said. "This investment will leverage an additional $118,500 in private investment, provide product storage space, and retain 65 full-time jobs at the project site."
The $233,500 project, sponsored by the Franklin County Area Development Corp., involves purchasing the assets of Edenville Equipment, which manufactures farm wagons, feeders and equipment trailers. The acquisition will allow CAM Superline to manufacture utility trailers specific to the agricultural industry and complete on-site excavation to store all finished products.
The Small Business First loan program provides low-interest loans for land and building acquisition and construction, machinery and equipment purchases, and working capital to assist certain businesses with fewer than 100 employees. Since 2003, the program has approved 863 projects totaling nearly $136 million that have promised to create 11,000 jobs, retain 16,600 positions, and leverage nearly $460 million in private investment.
For more information about Small Business First and other DCED programs that help businesses grow in Pennsylvania, visit www.newPA.com or call 1-866-466-3972.
Media contact: Theresa Elliott, 717-783-1132
SOURCE Pennsylvania Department of Community & Economic Development