Keystone Communities partnership receives $196,452 in tax credits
LEWISTOWN — The local Keystone Communities economic development partnership between Downtown Lewistown Inc. and Mifflin County Industrial Development Corporation (MCIDC) secured $196,452 in tax credits through the Pennsylvania Department of Community, Economic Development Neighborhood Assistance Enterprise Zone Tax Credit Program for Clayton Lewistown.
Tax credits up to $500,000 representing 25% of the total project investment are available for manufacturing and commercial enterprises located in a designated Keystone Community undertaking a major expansion. Statewide, the Neighborhood Assistance Program received 258 applications for a total request of $51,651,740 but was only able to fund 220 projects with the $36 million available through the allocation.
Clayton Lewistown is utilizing the tax credits for the installation of $785,807 in new equipment, facility improvements and HVAC upgrades that will allow for capacity expansion at the local home building facility located at Mifflin County Industrial Park. The investment will support the creation of an additional projected 25 local jobs.
“We are appreciative of the Commonwealth’s support of our investments to increase business at our local Granville Township based facility,” said John Campbell, facility manager for Clayton Lewistown. “These investments will allow us to increase production resulting in an estimated net increase of 25 full-time, skilled positions.”
Jim Zubler, DLI Executive Director noted, “these tax credits to a long-time employer allow Clayton Lewistown to increase production, modernize their facility and add a projected 25 skilled jobs for the region. We are happy to assist local companies in making application to DCED for these credits, in partnership with the Mifflin County Industrial Development Corporation, just as we had done in previous years on behalf of Nittany Paper Mills Inc. and Shy Bear Brewing LLC.”
MCIDC President Nick Felice said, “programs like this demonstrates the support the Commonwealth provides for manufacturers, allowing them to make significant investments in local communities. We thank the state for its support for one of Mifflin County’s larger companies.”
Granville Township Vice Chair William Page said, “We are extremely pleased that DLI was able to help Clayton Lewistown secure this tax credit. We would like to thank the Keystone Community Partnership, DLI and Clayton Lewistown for investing in Mifflin County.”
Mifflin County Commissioner Rob Postal said, “Clayton Lewistown has been a great employer and corporate neighbor for a long time. Clayton Lewistown was one of the first companies to locate to the industrial park when the park was started by MCIDC in the mid-1960s. This significant investment, with the assistance locally from DLI and MCIDC, establishes Clayton Lewistown’s continuing commitment to Mifflin County and the Commissioners appreciate and applaud the partnership of all involved.”
Rick Vilello, the DCED deputy secretary said, “The Neighborhood Assistance Program provides invaluable support for expansion projects like this, improving building capacity and capabilities while bringing new jobs to the region. Keeping Pennsylvania the best place to live, work, and play and making these targeted investments would not be possible without our local partnerships.”
Sen. Jake Corman (R-Bellefonte) shared his thoughts regarding the funding that will change the local job market.
“This project is a prime example of how the state can support small business and create more family sustaining jobs in local communities,” Corman said. “Manufacturing is a key component of our state and local economy, and I am encouraged to see projects like this move forward to bring more jobs to the Lewistown area.”
Rep. John Hershey (R-Mifflin/Juniata/Franklin) added, “This investment will allow Clayton Lewistown to continue offering state-of-the-art manufacturing processes with high quality materials. It has long been a leader in the manufactured-home industry and will be well positioned for the future with this latest initiative.”