PEDA - Pennsylvania Economic Development Association

IMPACT Across the State

12/01/2016 3:40 PM | Anonymous member (Administrator)

Clearfield County - Continental Carbonic

Continental Carbonic will construct a 45,000-square-foot liquid carbon dioxide facility as well as purchase equipment to operate a dry ice manufacturing facility in Clearfield, Clearfield County. The company will enter into a long-term land lease from Pennsylvania Grain Processing, LLC which will transfer the carbon dioxide gas through a dedicated pipeline from its ethanol fermentation process to Continental Carbonic. The company has committed to make a multi-million-dollar investment in the project and to create 60 new, full-time jobs over the next three years and retain 10 existing positions.

“Pennsylvania Grain Processing is exactly the type of high quality, high integrity strategic partner we look for when we expand our business,” said John Funk, President of Continental Carbonic. “They have an outstanding record of operating their plant safely, reliably, and profitably. We also want to thank the Clearfield community and Commonwealth of Pennsylvania’s Governor’s Action Team, who have worked very hard to provide the economic framework to make this project successful and have welcomed us so warmly.”

Continental Carbonic received a funding proposal from the Department of Community and Economic Development that includes a $60,000 Pennsylvania First program grant, $200,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs, and $27,000 in WEDnetPA funding for employee training. The company has also been encouraged to apply for a $3 million low-interest loan from the Pennsylvania Industrial Development Authority.

The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania, in collaboration with Clearly Ahead Development.

“We definitely thank Continental Carbonic for bringing this opportunity to us,” said Rob Swales, CEO of Clearly Ahead Development. “We’ll continue to work diligently and do what we can to help ensure this opportunity becomes a reality.”

Continental Carbonic Products, Inc. (CCPI), a wholly owned subsidiary of Matheson Tri-Gas, is a leading producer of dry ice and liquid carbon dioxide. CCPI presently has eight dry ice manufacturing facilities and 32 distribution locations east of the Rocky Mountains.

For more information on Continental Carbonic, visit www.continentalcarbonic.com.

For more information about the Governor’s Action Team or DCED visit dced.pa.gov.

MEDIA CONTACTS: 
Jeff Sheridan, Governor’s Office, 717.783.1116
Lyndsay Kensinger, DCED, 717.783.1132


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