Huntingdon company awarded $1.09 million loan for structure
HARRISBURG – Huntingdon County Business and Industry Inc. was awarded a nearly $1.09 million, 15-year loan at 1.5 percent, on behalf of N.E. Reihart & Sons Inc., to construct a new 52,400-square-foot manufacturing facility in Smithfield Township.
The company, which specializes in metal fabrication, plans to consolidate operations, from its four current locations one mile from the project site, into the new facility, the Department of Community and Economic Development said in a release.
The $2.9 million project is expected to create five new jobs and retain 26 employees.