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Governor Corbett Announces at Least 80 New Jobs in Lehigh Valley with Pharmaceutical Company's Purchase, Renovation of Former Amcor Site
Date:2/15/2011

f operations at Daiichi Sankyo. "We are excited to be opening a facility in Bethlehem and look forward to a productive future working relationship and becoming a part of the local community."

The project was coordinated by the Governor's Action Team, economic development professionals who work directly with businesses that are considering locating or expanding in the state.

The Lehigh Valley Economic Development Corp. and Northampton County helped the company obtain a $3.6 million funding offer from the commonwealth for the project. The package includes a $250,000 opportunity grant, a $2 million loan from the Pennsylvania Industrial Development Authority, a $1 million loan from the Machinery and Equipment Loan Fund, $100,000 in job training assistance and $246,000 in job creation tax credits.

"This is exactly the type of company we want to see in the Lehigh Valley," said Philip B. Mitman, president and CEO of Lehigh Valley Economic Development Corp. "Daiichi Sankyo will provide high quality jobs in one of our target industry clusters for growth in the region."

"This is a valuable addition to Northampton County," said John Stoffa, Northampton County executive. "We are excited that a global company of this caliber has chosen to locate and provide these 80 job opportunities to the citizens of our region. Thanks to the collaborative efforts of the county, LVEDC and the Governor's Action Team, another company has chosen to invest in our local economy, proving that the Lehigh Valley is the place to do business."  

For more information on Daiichi Sankyo, visit www.dsi.com.

For more information on the Governor's Action Team and other Department of Community and Economic Development programs, visit www.NewPA.com or call 1-866-466-3972.Media contacts:  Kevin Harley, 717-783-1116Luke Webber, DCED, 717-783-1132
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SOURCE Pennsylvania Department of Community & Economic Development
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