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COMMERCE APPROVES $450,000 GRANT FOR ERIE COUNTY INDUSTRIAL SITE

 HARRISBURG, Pa., Nov. 29 /PRNewswire/ -- Acting Gov. Mark S. Singel today announced the approval of a $450,000 industrial site redevelopment grant for an Erie County project expected to create 98 jobs in three years.
 The grant will be used by the Redevelopment Authority in Corry to help pay the cost of acquiring a 20-acre industrial site. Total project cost is more than $1 million.
 Corry Area Enterprises Commons plans to redevelop a 65,000-square- foot industrial multi-tenant facility located on the site in Corry. The facility once housed the Associated Spring Co.
 "We are utilizing state resources and helping Pennsylvania companies revitalize abandoned industrial sites to create new jobs and opportunities," Singel said.
 The grant is being provided through the Industrial Communities Site Program (ICSP), which is administered by the Department of Commerce.
 ICSP grants are targeted to the reuse of blighted industrial buildings for manufacturing, industrial, traded services, or research and development firms. Funding can be used for the acquisition of land and buildings, renovation, demolition and clearance, and correction of environmental contamination.
 -0- 11/29/93
 /CONTACT: Deborah J. Gownley of the Department of Commerce, 717-783-1132/


CO: Pennsylvania Department of Commerce ST: Pennsylvania IN: SU:

MK -- PH012 -- 8223 11/29/93 11:13 EST
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Publication:PR Newswire
Date:Nov 29, 1993
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