X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FINDLAY TWP., PA-State investments of $9 million helped Flabeg, a Germany-based company, choose Allegheny County for its first solar mirror production facility in the US, “creating 300 manufacturing jobs and strengthening Pennsylvania’s position as a leader in clean energy development,” Gov. Edward Rendell revealed.

The company will use the facility to manufacture parabolic solar mirrors, which are used to help generate electricity at large-scale solar power plants. It will be the company’s first US facility of this type. Flabeg plans to lease a 20-acre site in the Buchner Co.’s Clinton Commerce Park in Findlay, and build a 209,000-sf manufacturing facility. The building will be constructed in two phases, with the first phase starting this fall. The total investment in both phases of the project is expected to be $30 million. Flabeg will retain 198 jobs at its other Allegheny County location, in Brackenridge, which manufactures mirror glass for passenger cars and commercial vehicles.

Gov. Rendell says that the State has already created more than 3,000 jobs in the renewable energy industry and leveraged $1 billion in private investment and, “with solar energy production growing at an incredible pace and markets continuing to expand, it’s clear that we’ve only seen the tip of the iceberg.”

Charles Johnson, president of Flabeg Solar US Corp., says in a prepared statement that “the Governor’s commitment to alternative energy solutions has created a business environment attractive to companies leading the drive for energy independence.” Pennsylvania’s Alternative Energy Portfolio Standard requires that, by 2021, at least 18% of all electricity sold at retail “comes from clean, advanced energy resources,” according to a prepared statement.

The project was coordinated through the Governor’s action team. The Department of Community and Economic development’s Office of International Business Development and its representative in Germany worked closely with GAT and Flabeg to help bring the project to fruition. The Allegheny County Department of Economic Development provided additional support for the project.

Pennsylvania provided a $9 million funding offer that included a $1.2 million opportunity grant, $3 million from the machinery and equipment loan fund, a $2 million loan from the Pennsylvania Industrial Development Authority, $1.5 million in Infrastructure and Facilities Improvement Program grants, $900,000 in job creation tax credits, and $400,000 in job training assistance.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.