(HARRISBURG) – Benton Foundry was awarded a $3,000,000 grant through the Redevelopment Assistance Capital Program (RACP), according to Senator John R. Gordner (R-27) and Representative David Millard (R-109).
Benton Foundry, with the assistance of DRIVE, successfully applied for funds to assist in the expansion and modernization of its facility. The company’s footprint will expand by 70,000 sq.ft. and new robotic equipment will be installed. This will result in at least 50 new jobs and an increase of daily production to 200 tons, an increase of 50 tons per day.
“I would like to congratulate Benton Foundry and DRIVE for putting together a great application in support of a fantastic project,” said Senator Gordner. “I am pleased to see how the utilization of new technologies can bring substantial economic development to the people of Columbia County and beyond.”
“I look forward to seeing so many life-sustaining jobs coming to our area,” said Representative Millard.
The Redevelopment Assistance Capital Program (RACP) is a Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects. RACP projects are authorized in the Redevelopment Assistance section of a Capital Budget Itemization Act, have a regional or multi-jurisdictional impact, and generate substantial increases or maintain current levels of employment, tax revenues, or other measures of economic activity. RACP projects are state-funded projects that cannot obtain primary funding under other state programs.
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