Clearfield, Pen.., To Be Home to Major Industrial/Warehouse Project

Oct. 3, 2004
Pennsylvania Community and Economic Development Secretary Dennis Yablonsky today presented a check for $1.03 million

CLEARFIELD, Pa. -- Pennsylvania Community and Economic Development Secretary Dennis Yablonsky today presented a check for $1.03 million in Infrastructure Development Program funding to The Clearfield Foundation for the proposed Clearfield Logistics Facility. The facility, at the Clearfield Firemen's Industrial Park, will create 80 jobs within five years and retain 645 jobs.

"The Clearfield Foundation has a strong record of generating and keeping jobs within Clearfield County," said Secretary Yablonsky. "Attracting new jobs, spurring job growth and retaining existing jobs is also a top priority of the Rendell Administration. This project is an excellent example of how a successful partnership can strengthen and improve communities throughout the Commonwealth."

The Clearfield Foundation will use the IDP grant to install 4,000 lineal feet of rail line; construct a 14,000-square-foot enclosed warehouse for storing a variety of raw and finished products; and build a lumber-unloading facility and bulk transloading facility at the Lawrence Township industrial park.

The Clearfield Logistics Facility is in a Keystone Opportunity Zone and is vital to providing the existing manufacturing businesses with cost advantages and shipping alternatives while making the Clearfield Firemen's Industrial Park and area industries even more attractive to new business investment. The Clearfield Foundation will invest about $2 million in this project.

IDP provides grants and low-interest loans for public and private infrastructure improvements. Eligible uses of IDP funds include construction of water and sewer systems, bridges and waterways, transportation facilities and airports and parking facilities.

For more information on IDP and other Department of Community and Economic Development programs, visit www.inventpa.com For information on Governor Edward G. Rendell's economic-stimulus programs, visit www.newPA.com or call 1-866-GO-NEWPA (1-866-466-3972).