(HARRISBURG) – – The Commonwealth Financing Authority today approved a loan for a Mount Carmel Township Company for a project that will create jobs and reduce emissions, according to Senator John R. Gordner (R-27). Senator Gordner advocated for the project by Kurt Weiss Greenhouses before the CFA .
The CFA low-interest loan of $959,500, along with a million dollar investment by the company, will allow for construction of a clean wood chip boiler at the Kurt Weiss Greenhouses’ Mount Carmel Township operation. The efficient boiler will allow the company to replace existing natural gas boilers, reducing fuel costs and reducing carbon dioxide emissions from the old boilers. It is estimated the reduction in carbon emissions will be ten million pounds per year.
“The environmental impact is impressive, but the job creation aspect of the project is also why I pushed for the funding and the CFA approved the loan,” said Senator Gordner.
Kurt Weiss Greenhouses currently employs 50 workers and expects to add 15 additional positions as a result of this project.
The Commonwealth Financing Authority (CFA) was established as an independent agency of the Commonwealth to administer Pennsylvania’s economic stimulus packages. The CFA holds responsibility over the funding of programs and investments in Pennsylvania’s economic growth.