Immediate access to two of the nation’s prominent transportation routes and a strong and reliable workforce played a role in Progressive Converting’s (Pro-Con) decision to expand its operations inside Greater Hazleton’s Humboldt Industrial Park for the third time in less than 25 years.
Portions of the Humboldt Industrial Park and Valmont Industrial Park received Federal Qualified Opportunity Zone (QOZ) designation from the Pennsylvania Department of Community and Economic Development. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains.
CAN DO’s partnership with the Governor’s Action Team assisted Highwood USA in obtaining financial incentives for the company’s expansion into Hazleton. Highwood USA has purchased the 146,000 square-foot building at 64 N Conahan Drive in Hazleton to house its fabrication and supply-chain units.
Pennsylvania Governor Tom Wolf said, “This expansion represents more than just the creation of 58 family-sustaining jobs in Hazleton. It also signals the growth and evolution of manufacturing in the commonwealth. Since day one, my administration has been focused on building our manufacturing sector, and Highwood’s expansion shows that Pennsylvania manufacturing is strong – and only growing stronger.”