News and information for professional site selectors and real estate agents and brokers.
PECO Pallet, a Yonkers, New York based pallet rental services company, has leased industrial space from Mericle Commercial Real Estate Services in Humboldt Industrial Park North, Hazle Township, Luzerne County. The firm expects to create 40 new jobs.
GENCO ATC, North America’s second-largest and a Global top 25 third-party logistics (3PL) provider, has leased 203,821 square feet from Mericle Commercial Real Estate Services in Humboldt Industrial Park West.
The company will use the space to provide warehousing, distribution and supply chain services to a large consumer goods company.
GENCO ATC has leased space from Mericle at 61 Green Mountain Road, East Union Township, Schuylkill County and expects to begin operations early this fall.
E. S. Kluft & Company, maker and distributor of Aireloom and Kluft brand mattresses, has signed a long-term lease for nearly 99,000 square feet of newly constructed state-of-the-art production space from Mericle Commercial Real Estate Services in Humboldt Industrial Park North, Hazle Township, PA.
The company has already begun to recruit 50 new employees and expects to start production in mid October. Kluft expects to double the number of jobs during the initial term of its lease.
(Hazleton, PA – June 29, 2012) – Following months of negotiations, CAN DO, Inc. this week entered into an agreement that will lead to an eventual transfer of its railroad system in Humboldt Industrial Park to Reading and Northern Railroad, the largest privately owned railroad company in Pennsylvania that has twice been named Regional Railroad of the Year by Railway Age magazine.
While CAN DO constructed and maintains the rail system in Humboldt Industrial Park, the service is currently provided by the Norfolk Southern railroad company under a contract that runs through 2016. Once that contract expires, Reading and Northern will replace Norfolk Southern in serving the park industries.
When CAN DO stepped up the plate almost 10 years ago to assist a company looking to relocate from New York state to the Hazleton area, the agency put its full force behind the plan and today considers this project to be a perfect illustration of how economic development should work.
In February, CAN DO unveiled its redesigned Web site, www.hazletoncando.com.
“We have worked very hard to make sure www.hazletoncando.com provides the most critical information that brokers, site selectors and companies look for when they’re searching for a new location for their client or business,” said CAN DO Vice President of Sales and Marketing Joseph Lettiere. “While we’re proud of the old site, we think visitors to our new site will find it to be easier to navigate, easier to read, and more informative than ever before.”
Officials in the Hazleton area have embraced the ability to extend the benefits of the Keystone Opportunity Zone program by granting full tax abatement through December 31, 2017, for eligible properties.
As further evidence of the foresight of those officials and through the support of the commonwealth, CAN DO also was assigned one of 15 new subzones throughout the state, which will abate taxes in that 350-acre tract through December 31, 2019.
As a result, nearly 650 acres of land in CAN DO industrial parks have been granted tax-free extensions through at least the end of 2017 under the Commonwealth of Pennsylvania’s renowned Keystone Opportunity Zone (KOZ) program.
In the case of the new KOZ subzone, those sites are tax-free through the end of 2019. Available KOZ sites include both commercial and industrial land parcels, as well as many industrial buildings.
CAN DO’s Energy Solutions program helps Greater Hazleton’s industries by providing companies with meaningful, practical energy solutions to reduce energy costs for years to come.