Fri. Apr 19th, 2024

Coudy News

Late Breaking News for Coudersport and Northcentral PA

RACP Includes $10 Million for 'Mystery Company'

1 min read

From the Morning Call

HARRISBURG – Gov. Ed Rendell plans to shower $300 million in development grants before leaving office in January, including $10 million to try to lure an unnamed “Fortune 100” company to the Lehigh Valley.

Also planned: $4.5 million to convert a former Dixie Cup factory in Wilson into an apartment and condominium complex and $2.5 million for a waste-to-energy plant in Allentown.

As the outlines of the $600 million economic development bill that will give Rendell the ability to handpick $300 million in projects emerged this week, one key detail remained frustratingly elusive: the identity of the Fortune 100 company.

Read entire article here.

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