Equilibrium Equities, Inc., has finalized the purchase of a 13.7-acre parcel in Humboldt Industrial Park North. The site can accommodate up to 180,000 square feet and the developer plans on constructing a Class-A building upon locating a company to Greater Hazleton, according to John Morris, senior vice president at Equilibrium.
A manufacturing company that was launched nearly 45 years ago to provide jobs for people with disabilities in and around Greater Hazleton is growing with the assistance of one of its largest clients and CAN DO, Inc.
CTC Manufacturing has recently expanded into two CAN DO-owned facilities with more than 33,000 square feet of space within the Valmont Industrial Park that will be used to complete work for Henkel, formerly Dial Corporation. Henkel has a manufacturing facility in Valmont.
Working to help small businesses grow, the CAN DO economic development corporation recently assisted a Hazle Township plumbing, heating and air conditioning contractor to secure low-interest loans for purchasing an industrial building to house its operations.
Hydrodynamics was founded in 1994 as a home-based plumbing contractor and operated in Weston, outside Hazle Township, for several years before moving into a garage in Hazleton where it was housed until its recent move into a 5,500 square-foot building in the Milnesville section of Hazle Township.
When founder David Popiak needed help securing funding for the purchase of the new building, he turned to the CAN DO finance department, which assisted him in securing a $56,250 low-interest loan from the Pennsylvania Department of Community and Economic Development. CAN DO then teamed up with the Northeastern Pennsylvania Alliance (NEPA Alliance) to secure an additional $56,250 in low-interest funding through the Economic Development Administration.
Located directly along the I-81 corridor in Northeast Pennsylvania and just minutes from I-80, Greater Hazleton offers an ideal location, just two hours to New York City and Philadelphia and within a day's drive of half the nation's population.