REYNOLDSVILLE Pa. – Department of Community and Economic Development Secretary C. Alan Walker and Pennsylvania House Speaker Sam Smith (R-Jefferson) today visited Sintergy Inc., where they praised the Jefferson County manufacturer’s growth and commitment to supporting the region’s economy.
Marking the company’s fifth expansion in 10 years, powdered metal manufacturer Sintergy Inc. will acquire a 750-ton press to produce lawn and garden parts. The new purchase will allow the company to expand its markets to meet the requests of existing and potential customers. The press is currently being built by Gasbarre Products, Inc. located in DuBois, Clearfield County.
“Governor Corbett is proud to support companies like Sintergy because they exemplify what it takes to be successful as a business and a community partner,” Walker said. “The company continues to grow and provide good jobs for the people of this region – not only at the manufacturing facility itself but at Gasbarre Products, Inc. in DuBois where the new press is being built.”
Sintergy will receive a $200,000 loan from the Department of Community and Economic Development’s Small Business First fund to purchase the press. The company will invest nearly $2 million and has committed to the retention of its 55 existing employees.
“Sintergy is a company committed to excellence on many levels,” Smith said. “From the high-quality products they produce, to their commitment to supporting a local workforce and neighboring businesses, this organization displays quality and character through and through. We are pleased that Secretary Walker has chosen to visit this region of the state to learn more about enterprises that are thriving.”
Walker’s visit to Jefferson County continued “DCED on the Road,” a series of events across northcentral Pennsylvania to discuss Corbett’s plans for economic growth, job creation and community development.
Walker and DCED representatives are spending four days traveling throughout Cameron, Clearfield, Elk, Jefferson, McKean and Potter counties, visiting successful projects, and meeting with community, economic development and tourism partners.
The “DCED on the Road” initiative is being funded and supported by the Team Pennsylvania Foundation, a private non-profit partnership with the commonwealth. For more information on “DCED on the Road” and other economic development initiatives in Pennsylvania, visit newPA.com/Roadshow or call 1-866-466-3972.
For more information on the Small Business First Loan Fund please visit www.NewPa.com.
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