Bethlehem, July 16, 2019 – State Senator Lisa Boscola today announced state funding totaling $320,950 has been approved for the Lehigh Valley Economic Development Corporation through the Pipeline Investment Program (PIPE) to extend natural gas service to Keystone Cement Company in Northampton County.
“I’m pleased to announce the approval of these state funds to help assist a local company such as Keystone stay competitive in the foreign and domestic cement industry,” Boscola said. “This state investment will allow Keystone to improve the operations of its local manufacturing plant that will assist in the retention of 137 jobs at the Keystone Cement facility and provide further development opportunities along the 1.3-mile pipeline extension,” she added.
The $320,950 investment was one of three PIPE grants approved today by the state Commonwealth Financing Authority in Harrisburg, with the other two PIPE Program projects being awarded a total of $39,997. PIPE, which is administered through the PA Department of Community and Economic Development, provides grants to construct the last few miles of natural gas distribution lines to business parks, existing manufacturing and industrial enterprises, which will result in the creation of new economic base jobs in the commonwealth while providing access to natural gas for residents.
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