OLD STEEL MILLS GIVING WAY TO INDUSTRIAL PARK
"Like the legendary phoenix rising out
of the ashes in Greek mythology, a new industrial awakening is taking
place in Bethlehem." PLEASE READ MORE . . .
EPBJ LVIP VII article.pdf
EASTERN ENGINEERED RELOCATING TO LVIP VII
BETHLEHEM - Eastern Engineered Wood Products has received a $2.25 million
loan from the Pennsylvania Industrial Development Authority to consolidate
and move its three facilities to a new site.
Eastern, a wholesale distributor of engineered wood products, will move
to a 30-acre facility at LVIP VII at the Bethlehem Commerce Center, the
former site of Bethlehem Steel in South Side Bethlehem. The company, which
employs 60 people, currently has operations in Allentown and Bethlehem.
The total cost of the move is $13 million. The company will use money
from private investors and other sources to finance the remainder of the
project.
Lehigh Valley Economic Development Corp. administers the PIDA loan program,
and helped the company apply for the low-interest loan. Eastern will add
26 jobs over the next three years.
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