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Adams and Lancaster projects to receive state funding
Cris Collingwood//July 19, 2022
Projects in Adams and Lancaster counties are among nine to receive approval through the Commonwealth Financing Authority (CFA) that will empower communities and economic development partners to attract businesses by building an inventory of ready sites.
Gov. Tom Wolf said Tuesday the Business In Our Sites (BOS) projects, totaling $48,710,441 in grants and loans will increase the state’s ability to attract businesses that create family-sustaining jobs.
“Pennsylvania’s strong competitive advantage is reinforced by the funding approved today,” said Wolf. “Between our prime location, our skilled workforce, and our excellent infrastructure, the commonwealth has a lot to offer current and potential businesses. This BOS funding is a great tool that provides the resources needed to build pad-ready sites to increase Pennsylvania’s ability to attract and retain businesses.”
The Adams County Industrial Development Corp. was approved for a $2,000,000 grant and a $3,000,000 loan for the development of the Berlin Junction Manufacturing Center located in Oxford Township.
The Economic Development Company Finance Corporation in Lancaster County was approved for a $3,352,020 grant and a $5,028,030 loan to assist with the development of the McGinness Innovation Park located in Columbia Borough.
