IMPACT Across PA | Beaver County
On July 3rd, Governor Tom Wolf announced a low-interest loan approval through the Pennsylvania Industrial Development Authority (PIDA) for Beemac Trucking, LLC in Beaver County. The funding will enable the construction of a new full-service maintenance and repair facility in Ambridge Borough and will support the combined creation and retention of more than 200 full-time jobs.
Beemac Trucking, LLC provides asset-based trucking, logistics, port, warehousing, and specialized services to customers throughout the United States, Mexico, and Canada. The company was approved for a $1,573,087, 15-year loan at a 3 percent rate through the Beaver County Corporation for Economic Development. The funding will be used for construction of an eight-bay state-of-the-art maintenance facility and a service shop with a 110-space paved truck and trailer marshaling area.
The total project cost is $3,146,173. The project will enable the company to create 24 full-time jobs while retaining 190 full-time jobs within three years.
This content is shared courtesy of the Pennsylvania Department of Community and Economic Development (DCED).