Pennsylvania’s economic incentives for manufacturing companies have encouraged a developer, manufacturer and distributor of products and programs that serve the global sleep and respiratory markets to expand in the southwestern portion of the state, Governor Edward G. Rendell said on November 15.
Governor Rendell said Respironics Inc. will build a new manufacturing facility in the Westmoreland Business and Research Park in New Kensington and create 330 new jobs and retain 1,492 existing jobs.
"Respironics is a 'home-grown' Pennsylvania business that became a worldwide leader in its industry," Rendell said. "Its expansion sends a clear message that Pennsylvania has the tools and resources to help established and new companies compete successfully in the global marketplace."
Respironics' new 165,000-square-foot facility will cost approximately $32 million and it will be built near its corporate headquarters in Murrysville.
Allen Kukovich, director of the Governor's Southwest Regional Office, participated in the company's ground-breaking ceremony on November 15 and presented the company with a ceremonial check representing a $1.79 million financial package from the Department of Community and Economic Development. The package includes an $800,000 opportunity grant and $990,000 in job creation tax credits.
The company worked with the Economic Growth Connection of Westmoreland County and the Westmoreland County Industrial Development Corporation to secure the funding offer.
Over the next three years, Respironics' expansion in Pennsylvania will include capital investments of up to $120 million in land, building, machinery and other equipment.
"Respironics is thankful to the Commonwealth of Pennsylvania for its generous economic package," said John L. Miclot, the company's president and CEO. "We're proud of our company's history here in western Pennsylvania and we're pleased to continue to bring jobs, growth and opportunity to the region."
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