Steel in the News
Back to all posts
Posted by Tasha Weiss on October 24, 2013 at 3:20 PM.
AISC member and certified fabricator JGM Welding & Fabricating Services (JGM) is expanding operations in Chester County, Penn., creating at least 44 new, high-paying jobs, as announced by Pennsylvania Governor Tom Corbett earlier this month.
The company will expand operations and lease a 75,000-sq.-ft facility located in Valley Township, Chester County. The project is expected to generate a capital investment in excess of $2.5 million in infrastructure improvement, equipment and employee training costs. In addition to job creation, the expansion is expected to retain 53 existing positions in Chester County.
“Supporting the growth of businesses like JGM is bringing the Pennsylvania economy back and creating new job opportunities for our workforce,” Corbett said. “JGM’s addition of 44 new jobs is the second jobs announcement in Chester County this year with the resulting total job creation projected to be more than 130 for the county.”
The company received a funding offer from the Department of Community and Economic Development, including a $125,000 Pennsylvania First Program grant, $44,000 in Job Creation Tax Credits and a $19,800 Guaranteed Free Training grant, to be used for training its new workforce at the project site. The company will also be eligible to apply for a $1.1 million loan from the Machine and Equipment Loan Fund to be repaid within 10 years.
“JGM applauds the state’s continued support of manufacturing businesses in Pennsylvania,” said Joe Messner, president and CEO of JGM. “With the support from the state at our new Coatesville facility, JGM will increase jobs for skilled workers and positively impact our customers, suppliers and the communities we serve.”
The project was coordinated by the Governor’s Action Team, a group of economic development professionals who work directly with businesses that are considering locating or expanding in Pennsylvania, in collaboration with the Chester County Economic Development Council and the Chester County Board of Commissioners.
For more information, see the press release issued by the Pennsylvania Department of Community and Economic Development.