Rendell’s “Economic Development” Spending October and November 2008
“Governor Rendell Announces $44 Million Investment in Recreation, Conservation Projects" (11-18-2008) which included: • $45,200 to the Forest County Snowmobile Club for snow grooming equipment. • $142,500 for “workshops and technical assistance related to planting trees and shrubs as buffers along streams”. • $45,000 for the development of boat launches and access along the Beaver and Shenango rivers.
“Governor Rendell Announces $15.6 Million Investment in Tourism Promotion” (11-07-2008) which included: • $100,000 to the Pennsylvania Golf Course Owners Association to promote golfing in Pennsylvania. • $100,000 to the Pennsylvania Ski Areas Association for the development and promotion of SkiPA.com. • $75,000 to the Pennsylvania Winery Association for the promotion of Pennsylvania’s wine trails. • $50,000 for development of the Pennsylvania Culinary Society.
“Gov. Rendell Announces Small Businesses Grants” (10-15-2008) which included: $553,000 through the Small Business Advantage Grant Program to 92 companies. • $61,505 for “high-efficiency washing machines” for Laundromats, for example: o Streams of Water Laundry: $7,500 • $91,001 for “upgraded lighting,” for example: o West Branch Tennis Club: $7,500 • $137,284 for “high-efficiency heating and air conditioning equipment,” for example: o Aurora Leigh Bed and Breakfast: $7,128 Other examples: o Rialto Pizza: $2,306 for high-efficiency restaurant equipment. o Bonnet Tavern: $7,495 for high-efficiency refrigeration equipment. o Spadafora's Bar and Restaurant: $548 for architectural insulation. o Walco Corp.: $7,400 for two recirculation fans. o James Vanderlin Co.: $6,080 for thermal insulation spray foam. o Matirko Hardware: $7,500 for a geothermal heating and cooling system.
“Governor Rendell Says New Cocoa Processing Facility Will Create More Than 200 Jobs in Hazleton” (10-15-2008) which included: Archer Daniels Midland Company (ADM) received $4.6 million which included a $925,000 grant, $2.5 million in “infrastructure development program funding,” $1.05 million in tax credits and $100,000 in job training assistance.
"Governor Rendell says Agriculture, Tourism Businesses in 12 Counties Positioned for Growth with Latest State Investments" (11-05-2008) which included: • $58,000 loan to buy a tractor, sprayer and fertilizer spreader (to the Adams County Economic Development Corp., on behalf of the David R. Gladfelter crop farm in Littlestown). • $325,000 to buy dairy cattle and milking parlor equipment (to the J&J Dairy Farm in Myerstown). • $62,680 loan to to purchase two alpacas and farm equipment (to Arlene Fusko, doing business as Destiny Acres Alpacas in Sarver). • $200,000 loan to purchase the real estate of the retail gift store in Chambersburg (to the Franklin County Area Redevelopment Corp., on behalf of Route 5 Retail Stores and Timberwolf Properties, to be used by the new owners, Willam and Kimberly Smith). • $150,000 loan to purchase a 61-acre poultry farm in Richfield (to the SEDA Council of Governments, on behalf of Shad and Kristi Ehrisman). • $200,000 loan to purchase a 108-acre farm for a dairy and hog farm in Peach Bottom (to EDC Fina Corp., on behalf of Brian D. Eckman). • $200,000 loan to build a swine-finishing barn (to the SEDA Council of Governments, on behalf of Melvin E. Swisher Jr. and Marylee H. Swisher dairy and crop farm in Unityville).
“Governor Rendell Targets Technology-Based Economic Development With $13 Million Investment" (10-23-2008) which included: • Novitas Capital LP, based in Wayne, received $4 million through the Venture Capital Investment Program to support seed and early stage investments in Pennsylvania technology and life sciences companies. • Laurel Capital Partners LP received $2 million through the Venture Capital Investment Program to provide growth equity for investments in Pennsylvania manufacturing and business services firms.
“Gov. Rendell Says Equitable Resources Expanding in Pittsburgh; Creating Hundreds of Jobs” (10-01-2008) which included: Equitable Resources Inc. received $2.8 million which included a $1.4 million grant, $350,000 in job training assistance, and $1.06 million in tax credits.
Sources: Governor Rendell’s News Releases for October and November 2008; accessible at http://www.portal.state.pa.us/portal/server.pt?open=514&objID=368328&mode=2; compiled by the Commonwealth Foundation for Public Policy Alternatives (www.CommonwealthFoundation.org).