Pennsylvania Gov. Edward G. Rendell has presented a check for $635,150 to PGT Trucking to help the flatbed carrier expand its Monaca, Pa. headquarters and operations facility, creating at least 77 new jobs within three years and retaining 153 existing jobs.
PGT, which has been in business for more than 20 years, services the metals and building construction industries and serves 32 states. The company says it has exceeded the current building capacity at its corporate headquarters and needs to expand in order to accommodate growth. In addition, PGT’s existing headquarters is served by a private well and septic system, which is insufficient for an expansion.
The total cost of the project will be $1.57 million. The Governor’s Action Team (GAT), economic development professionals who report directly to Rendell, worked with PGT on its expansion project. The state offered the company a financial package that includes a $292,500 loan through the Machinery and Equipment Loan Fund (MELF); a $154,000 Opportunity Grant; $154,000 in Job Creation Tax Credits; and $34,650 in Job Training Assistance.
“We are grateful for the investment the commonwealth is making in our growth and the expansion of our operations facility,” said Patrick Gallagher, PGT president.
