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Governor Rendell: New State Investments Bear Fruit in Adams County; Help Pharmaceutical Company Expand in Philadelphia
Date:12/3/2009

ty Economic Development Corp. is the sponsoring agency.

Dixon-Shane LLC, a national wholesaler and distributor of brand name and generic pharmaceuticals and other healthcare products, will receive a $1 million loan at 3 percent to renovate a newly acquired 32,930-square-foot facility in northeast Philadelphia. The $2 million project, sponsored by the Philadelphia Industrial Development Corporation, will relocate the company's 23-employee staff and create an additional 8 new jobs within the next three years.

PIDA provides capital for infrastructure acquisition, creation and renovation, primarily for manufacturers, industrial developers, research and development firms, agricultural processors and employers looking to establish national or regional headquarters in Pennsylvania.

For more information about economic development initiatives in Pennsylvania, call 1-866-466-3972 or visit www.newpa.com.


Media contacts:
Theresa Elliott, DCED; 717-783-1132
Gary Tuma, Governor's Office; 717-783-1116

SOURCE Pennsylvania Office of the Governor


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SOURCE Pennsylvania Office of the Governor
Copyright©2009 PR Newswire.
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