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Thursday, November 21, 2024

Commonwealth awards nearly $943K for redevelopment project in Greenville

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State Representative Parke Wentling | Pennsylvania 7th Legislative District

State Representative Parke Wentling | Pennsylvania 7th Legislative District

Jul. 23, 2024

GREENVILLE – Rep. Parke Wentling (R-Mercer) announced today that the Commonwealth Financing Authority (CFA) has awarded nearly $943,000 in aid to Greenville-Reynolds Development Corporation for the redevelopment of the former Damascus-Bishop Tube Company site. The funding package includes a $385,160 grant and a low-interest loan of $577,740.

“Greenville-Reynolds Development Corporation has a great track record of providing a home for both new and existing businesses,” Wentling said. “They’ve already invested heavily in the former Damascus-Bishop Tube Company site, and this additional funding will help to reestablish this space as a gateway into the industrial park.”

This funding was awarded through the CFA’s Business in Our Sites program. The program is designed to empower communities to attract growing and expanding businesses by helping them build an inventory of ready sites.

Representative Parke Wentling

7th Legislative District

Pennsylvania House of Representatives

Media Contact: Jake Gillespie

717-772-9834

JGillespie@pahousegop.com

RepWentling.com

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