Power distribution manufacturer Universal Electric Corp. will be constructing a new facility in Canonsburg, Gov. Tom Corbett announced Tuesday.
The 81,000-square-foot facility will allow the company to hire more workers, adding an additional 58 new positions and retaining the 233 positions currently held. The company has pledged that it will invest $11.5 million into the facility.
“Our company was founded in Pennsylvania, and we are excited to be expanding here,” Universal Electric Corp. CEO Joel Ross said. “This incentive program along with an available skilled workforce were factors that played a part in our decision to expand in Pennsylvania. We look forward to being a growing, successful global company for many years to come.”
The state provided financial support for the expansion in the form of $116,000 in tax credits for businesses that create jobs and a $2 million loan from the Industrial Development Authority in Pennsylvania.
The Governor's Action Team helped coordinate the expansion talks. In 2012 Corbett started the JOBS1st PA initiative that would facilitate economic development and recovery projects.
According to the governor, manufacturing is an important sector within the economy of the commonwealth.
“We are proud to partner with Universal Electric Corp. to grow Pennsylvania manufacturing and bring 58 new jobs to Washington County,” Corbett said.