Renovations in Hanover
Hanover-based Legacy, an apparel firm focusing on headwear and accessories, recently received more than $1.7 million from the Pennsylvania Industrial Development Authority.
Issued by the York County Economic Development Corp. -- an affiliate of the York County Economic Alliance -- the financing was used to acquire and renovate 300 Fame Drive in Hanover, and will create four jobs and retain 47 more in York County.
Renovations retooled the existing 20,000-square-foot building into a combination of a warehouse, a light manufacturing facility and offices. Production space and the front façade of the facility were also revamped, and the construction added 8,800 square feet of new office space and 20,000 square feet of warehouse space.
The PIDA loan program is a state economic development financing program for eligible real estate projects.
Voith Hydro on Monday announced it has secured a contract worth nearly $50 million to supply generators and turbines for the Red Rock Hydroelectric Project in Iowa.
Next year, the West Manchester Township company will begin building two turbines with generators and automation systems at its local plant. The project -- a joint venture of the Western Minnesota Municipal Power Agency and Missouri River Energy Services -- will provide up to 55 megawatts of power during peak seasons.
"This is an exciting project that will provide MRES customers in the upper Midwest with clean and efficient hydroelectric power. The economic benefits, both through the increased power generation and the direct and indirect jobs during and after construction of the facility, will be significant," said CEO Kevin Frank.
Voith is also involved with hydropower projects at dams on the Susquehanna and Ohio rivers.