HARRISBURG, Pa., June 9 /PRNewswire-USNewswire/ -- A modular home manufacturer will create nearly 60 jobs and breathe new life into a recently idled production site in Selinsgrove, Snyder County, with the help of state investments announced today by Governor Edward G. Rendell.
MSI Plus, a division of Durabuilt Homes LLC, will purchase the assets of Modular Structures of PA Inc., which stopped production at its manufacturing plant in February.
MSI Plus will restart the manufacturing operations as part of the $1.7 million project that will create at least 59 full-time jobs within three years. The former owners of Modular Structures of PA will not be affiliated with ownership or management of the new venture.
"This project will save an idled manufacturing facility that was headed for brownfield status and, just as importantly, it will create nearly 60 manufacturing jobs where there were recent layoffs," said Governor Rendell. "This is the kind of positive turnaround we can achieve by wisely targeting our resources. We've made sound investments that have resulted in job-creating projects like this all over Pennsylvania."
Governor Rendell said his proposed budget would continue to invest in proven job creation and economic development programs such as opportunity grants, customized job training, infrastructure development, and infrastructure facilities and improvement grants. These programs, he said, have helped keep Pennsylvania's unemployment rate significantly below the national average.
The Governor's Action Team, economic development professionals who work with businesses that are considering locating or expanding in Pennsylvania, coordinated the MSI Plus project.
The Greater Susquehanna Valley Chamber of Commerce worked with the company and the Governor's Action Team to secure a $764,000 funding offer from the Department of Community and Economic Development for the project. The offer includes a $100,000 opportunity grant, a $575,000 loan from the Pennsylvania Industrial Development Authority, $30,000 in job training assistance, and $59,000 in job creation tax credits.
"Textbook teamwork took successful local business people, matched them with state and local resources, and produced new jobs in the valley," said Charlie Ross, Greater Susquehanna Valley Chamber of Commerce president and CEO. "We are grateful for the state's leadership."
Since Governor Rendell took office in 2003, the Governor's Action Team has successfully completed 1,156 projects, resulting in commitments to create 125,036 new jobs and retain 308,514 existing positions. The commonwealth has offered more than $2.2 billion in assistance for these projects, which will leverage more than $15.8 billion in additional investment.
For more information on the Governor's Action Team and other Department of Community and Economic Development programs, visit www.NewPA.com or call 1-866-466-3972.
Luke Webber, DCED; 717-783-1132
Michael Smith, Governor's Office; 717-783-1116
SOURCE Pennsylvania Office of the Governor