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CFA Approves $9.6 Million In Clean, Alternative, Renewable Energy Investments

Gov. Corbett Wednesday announced Pennsylvania is expanding its commitment to advance clean, alternative and renewable energy sources with the investment of more than $9.6 million in 13 projects in 11 counties by the Commonwealth Financing Authority.

“The projects supported by the CFA will help businesses and school districts save collectively on their utility costs and reduce their environmental impact,” said Corbett. “They will also result in significant private economic investment throughout the commonwealth and the creation of 25 new jobs.”

Among the approved projects includes PMF Industries, Inc. which will receive a $250,000 Alternative and Clean Energy Program grant for their manufacturing facility expansion project located in Williamsport, Lycoming County.

To meet with the growing demand in the manufacturing, automotive and retail sectors, PMF plans to expand their precision metal forming manufacturing facility to allow for the manufacturing of compressed natural gas (CNG) cylinders. The expansion project is projected to create 25 new jobs in the next three years.

The Commonwealth Financing Authority Tuesday approved 13 projects, through the state’s Alternative and Clean Energy Program including five Compressed Natural Gas and Liquefied Natural Gas fueling stations which have the benefits of reducing emissions, fuel savings and utilizing the large domestic source of natural gas available in Pennsylvania.

“We have an available, abundant, domestic, economical and clean-burning supply of natural gas throughout Pennsylvania that can be used in a number of ways including to fuel our vehicles,” said Corbett. “Increasing the number of natural gas filling stations in the state will grow the industry, boost our economy and result in a better environment.”

In total, 13 projects were approved in Allegheny, Beaver, Bucks, Carbon, Cumberland, Dauphin, Erie, Lackawanna, Lycoming, Montgomery and Schuylkill counties. The state investments are projected to result in more than $109 million in additional economic investments.

A list of projects approved is available online.


5/13/2013

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