The warehouse is expected to eventually create 109 jobs while retaining 314 positions, according to a statement by the Governor's Office.
"Over the last three years, we have made strategic investments in our businesses and communities that, today, are moving our economy forward, creating jobs, and improving the quality of life for our residents," Rendell said during a news conference at the new facility. "Our approach is paying dividends; we have 122,200 more jobs now than in 2003, and our unemployment rate is the lowest in five years. This grand opening is a good example of our progress and growth.
"It's rewarding to be back in Coal Township to see the end result of this expansion project. Already, with 30 new jobs and millions of dollars in private sector funds, our investment in Reinhart Foodservice is having an impact on the working men and women of Northumberland County."
In February 2004, Rendell committed $2 million to help LaCrosse, WI-based Reinhart Foodservice, No. 6 in the ID Top 50 list of distributors, construct its new warehouse in the Coal Township Industrial Park. The funding package, arranged by the Governor's Action Team, included a $100,000 Opportunity Grant, $150,000 in Job Training Assistance, $1.25 million Pennsylvania Industrial Development Authority loan, and a $500,000 loan through the Machinery and Equipment Loan Fund.
In addition to the funds awarded through GAT, the commonwealth also offered:
$2.2 million in Infrastructure Development Program grants to the Coal Township Commissioners for infrastructure improvements related to the development of the Coal Township Industrial Park;
$5,651,660 Business in Our Sites loan to SEEDCO Industrial LLC to assist with the development of the Coal Township Industrial Park. SEEDCO plans to create more than 4,000 new jobs at the industrial park and attract at least $93 million in private investment; and,
$1 million in Redevelopment Assistance Capital Program (RACP) funds for SEEDCO Industrial to develop the Coal Township Industrial Park.
Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.