Gov. Tom Wolf Thursday announced seven new project approvals through the Commonwealth Financing Authority, totaling more than $20.7 million in funding to support business growth in Pennsylvania that will lead to the creation and retention of more than 1,145 jobs.

One of those projects was a $442,274 grant to Leatherstocking Gas Company, LLC, for the extension of a natural gas line to serve the Borough of Montrose and Township of Bridgewater. The project, with a total estimated cost of $884,548, is anticipated to create 100 jobs and retain 80 jobs.

This grant was made through CFA’s Pipeline Investment Program which has an open application period.

“Projects like those approved today not only propel business development efforts across the state, but they also enhance the quality of life of Pennsylvanians, all while creating and retaining jobs,” said Gov. Wolf. “Specifically, through our new Pipeline Investment Program, we are finally able to provide access to low-cost, clean-burning natural gas to unserved areas in Susquehanna County, saving families and businesses thousands each year and giving the area an advantage when attracting new business. Today’s approvals are a win for these regions – and a win for the Commonwealth.”

Click Here for the complete announcement.

[Posted: May 25, 2017]

5/29/2017