Stouffer Mechanical Contractor has secured loans to build a new facility in the Cumberland Valley Business Park near Chambersburg and consolidate its operations there, according to the Franklin County Area Development Corp.
The company specializing in HVAC and plumbing services was established in 1999 and is family owned, under the management of father Jere Stouffer and sons Shane and Jared Stouffer. The company currently owns an 18,500-square-foot building and leases a second 15,000-square-foot building, both in the Cumberland Valley Business Park, and says consolidation will create more efficient administrative and production capabilities.
The new facility will be 46,100 square feet, with construction expected to begin in July and conclude in the first quarter of 2014, a news release said. The project will result in the retention of 33 existing employment positions while creating 28 new jobs over the next three years.
Pennsylvania Industrial Development Authority has approved a $970,731 loan for the project, and Columbia Bank has agreed to lend $1,154,031, the release said, bringing the total project cost to more than $2.1 million.
Mike Ross -- president of FCADC, which was instrumental in obtaining the PIDA financing -- says the expansion “is further evidence of the growth taking place throughout the quad-state/South-Central Pennsylvania region.”
Created in 1956, the PIDA provides low-interest loans to local nonprofit industrial development corporations for eligible businesses that commit to creating and/or retaining jobs. PIDA funds can be used only to support real estate acquisition and/or construction.