Commissioners Award Two $50k Economic Development Grants
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Blox Sustainable Building Systems, a new company that manufactures environmentally sustainable modular construction units for commercial and residential purposes, will receive $50,000 to purchase equipment and complete renovations at the at the former Bethlehem Steel site in Pottstown.
Blox has 65 skilled employees manufacturing the modular units and 11 administrative employees. It has eight projects either underway or contracted to begin over the next three years and projects it will add another 57 employees during that time.
The company is eligible to take an additional $50,000 in loans for every 15 jobs it adds to its Pottstown facility up to a maximum of $250,000 in calendar year 2010.
The Commissioners also gave a $50,000 grant to Brooks Instrument for the company to upgrade its headquarters on West Vine Street in Hatfield.
Brooks Instrument manufacturers high-precision flow meters, pressure meters and other measuring devices. It employs 204 at its Hatfield facility and will move 113 high-skill jobs from Texas over the next two years.
The Montgomery County Commissioners awarded $50,000 grants to these two companies that will create jobs under the County’s Economic Development program.
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