Pennsylvania Governor Edward G. Rendell said Tuesday that Manitowoc Crane Group will create at least 241 new manufacturing jobs in the state over the next three years. Pennsylvania is investing nearly $600,000 to support the campaign.
While visiting the company’s 305-acre factory campus on Tuesday, Governor Rendell said Manitowoc will not only create 241 new jobs, but retain 1,559 existing employees as part of its $20.15 million capital project.
Working with the Franklin County Area Development Corp, the state is investing $599,450 to help the company grow. Manitowoc Crane Group needs to increase its capacity to meet market demand. The company will purchase new machinery and equipment and renovate its Shady Grove facility.
Manitowoc’s Shady Grove facility is a campus-style factory where numerous sub-assembly plants supply two large final assembly facilities. The campus has 1.2 million square feet of covered manufacturing space.
The company is also eligible to apply for a $9.64 million loan through the Citizens Job Bank program, which offers low interest rate loans to companies that commit to creating or expanding jobs in Pennsylvania.