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HARRISBURG, PA-The Pennsylvania Industrial Development Authority has approved low-interest loans aggregating approximately $2.9 million to fund separate projects in three counties. Gov. Ed Rendell says they could add more than 1,000 new jobs in Bucks, Centre and Northumberland counties.

The largest, $2-million in PIDA funding, is granted to the Centre County Industrial Development Corp. to develop more than 134 acres for the Rockview Business Park in Benner Twp. The land along I 99 and Rte. 150 near Penn State University is the former site of Rockville State Correctional Institution, which was transferred by the state in 2005.

At that time the state provided $175,000 in predevelopment grants. The site is being transformed into a light and heavy industrial complex. The total project cost is estimated at more than $5.3 million. According to Benner Twp. meeting records, a potential tenant, locally based Cleveland Brothers Equipment Co., has been identified for possible occupancy of a 100,000-sf distribution center on 40 acres in the park.

Philadelphia-based Dijas Capital LLC, the holding company of Irene’s Bakery and Gourmet Kitchen Inc., has acquired the 19,060-sf former Fanny May Chocolate Factory in Buck County’s Bensalem Twp. According to published reports, it paid in excess of $1 million for the 28-year-old building. The $436,000 PIDA loan will fund renovation, and the company plans to be operational at the new facility this July.

Clark Tech Real Estate Inc., which owns Clark Technology Systems Inc., has received a $470,325 PIDA loan to acquire and renovate a 29,583-sf building in Northumberland County’s borough of Milton. The total cost is estimated at more than $1.1 million and represents an expansion of the engineering services company’s current facility in Milton.

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