- 18th District
- Policy Committee
- How Can I Help
- Services I Provide
- Applications and Forms
- Toll-Free Phone Numbers
- Useful Links
- Request a Citation
- New Resident Information
Boscola Announces $ 960,000 State Loan to Help a Business Expand in Pennsylvania
On August 12, 2014 ·
Bethlehem , August 12, 2014 – Senator Lisa Boscola announced today that a new business looking to expand operations into Northampton County was awarded $ 960,000 in state funding. The loan will help The Bug Company create 41 new jobs in Lower Saucon Township, Northampton County.
Boscola praised State officials and LVEDC for working together to make the project a success.
“The approval of this project is yet another example of how the combined efforts of the state and LVEDC results in a positive impact on local businesses and the local economy,” she said.
The Bug Company of PA will receive a total of $ 960,000 from the Pennsylvania Industrial Development Authority (PIDA) in the form of a low-interest, “bricks-and-mortar” loan. According to the President, Gordon Vadis, the state funding will be used to acquire and renovate the former Lower Saucon Elementary School on Wassergass Road in Lower Saucon Township. The company anticipates creating 41 new jobs with an annual payroll of $ 1,300,000. Representatives from the parent company expressed excitement about expanding their business to the Lehigh Valley.
“PIDA is one of Pennsylvania’s most successful economic development programs,” Boscola said. “I’m very happy to see these state funds invested in helping a company to expand to the Lehigh Valley and create new, good-paying jobs for our residents.”
The Bug Company of PA is an agri-business that produces animal food in the form of the tastiest, organic, and most nutritious line of insects. They produce and distribute only the healthiest live insects including Acheta Crickets, Mealworms, Super Worms, Fruit Flies, Wax Worms and more.
For more information about the PIDA program, please contact Senator Boscola’s Office at (610) 868-8667.
# # #
- Sen. Boscola Floor Remarks on Decriminalization Betting Pools such as March Madness
- Boscola Announces Funds for Local Crime Victims Programs
- Senator Boscola Announces Keystone Communities Grants for Two Local Projects
- Senator Boscola Q&A Public Utility Commission Budget Hearing
- Senate Democratic Policy Committee Hearing on Reducing Gun Violence
Looking For Something
Use the form below to search the site:
Still not finding what you’re looking for? Please contact me or my staff so we can help you!