Discovery Kids Childcare Center
The Harrisburg Regional Chamber & the Capital Region Economic Development Corporation (Chamber & CREDC) announced today that it partnered with Members 1st Federal Credit Union to provide financing to Discovery Kids Childcare. The financing package enabled the company to buy and renovate the old “Kitchen Castle” building at 1963 Oberlin Road, Lower Swatara Township, Dauphin County, PA. This purchase provides the company with more child care space to support the growth of the business which was operating with an extensive waiting list of children in need of services.
Erin Popernack and Amy Schreffler opened their first Discovery Kids Childcare center a quarter of a mile from this new location in July 2007 with only a handful of children to serve. But in only 6 months, the center and 50 children enrolled. In 2010 the company purchased a 2nd location in Londonderry Township and soon thereafter opened a 3rd location in Middletown. Prior to the relocation of their Oberlin Road location the company had an extensive waiting list. Discovery Kids is a DPW licensed and Keystone STARS accredited childcare facility. They service families with children between 6 weeks old and 6th grade. Erin and Amy believe that childcare is more than providing a location to keep children safe. They believe that the power of young minds to learn is breathtaking. Therefore they focus heavily on educating the children in their centers. By developing a strong and established curriculum for classes as young as 2 years old, Amy and Erin have built their reputation for providing children a firm foundation for development and growth. In addition to full time childcare, Discovery Kids also provides before and after school care and summertime care.
CREDC provided a loan for $542,000 using the SBA 504 loan program. This loan program provides the company with a fixed rate for 20 years and the ability to reduce the amount of cash traditionally needed for real estate projects. The project provided a total economic impact to our region of over $1.1 million. The company expects to retain current jobs and create additional jobs as the company grows.
DRT Transportation and K&R Sales, owned by Terrence Ryan and Robert C. Kemp, were rapidly running out of space for operations as their growth rate soared despite the economic downtown since 2008. DRT was recently recognized on this year’s Inc. 5000 list, published by Inc. magazine, as the 1200th fastest growing company in the United States. Of the Pennsylvania companies recognized on this list, DRT was the 12th fastest growing Pennsylvania company, and they are the 2nd fastest growing company in the midstate as recognized by the Central Penn Business Journal. The companies provide transportation and logistics services throughout the 48 continental States, Canada and Mexico and help improve supply chains.
Through the SBA 504 program CREDC provided a loan for $416,000 was part of a $1,000,000 total financing package and included financing from Fulton Bank and equity sources for the purposes of purchasing land and constructing a larger facility in the Tuck Business Park located in North Cornwall Township, Lebanon County, PA.
Hamilton Health Center
Hamilton Health Center will receive $3 million in Redevelopment Capital Assistance funds to help finance the site development and fit out of their new facility at 17th and Derry in the heart of the South Allison Hill neighborhood. The move will help achieve the overall mission of Hamilton Health which is to provide all health care services to the underserved population. The move will put the health care provider closer to the most densely populated part of Harrisburg where the majority of its patients live. The renovations to the building will take place in two phases. The first phase calls for the relocation of all the clinical operations. The center will also lease space to a pharmacy and a medical laboratory. The state grant funds will be dedicated to Phase 1 of the project. The demolition work has begun inside the building located on 17th street.
Harrisburg Area Community College
As part of HACC’s mission to serve as a premier educational, workforce development, and public safety institution, HACC operates the Shumaker Public Safety Center (the Public Safety Center), which provides premier public safety training in a responsive, efficient, economical, and quality manner. The Public Safety Center trains fire, EMS, police and automotive personnel from throughout the Commonwealth. In order to continue to provide excellent training to the Commonwealth’s first responders, HACC is building a state-of-the-art, indoor Law Enforcement Complex, featuring an indoor 25 lane firing range. This new Law Enforcement Complex will accommodate HACC’s current needs for the police academy as well as enable additional agencies and organizations access to the facility year round, expanding services, training programs, and increasing revenue. The 40,000 square foot Silver LEED building will utilize $2.5 million in state funding through the Redevelopment Assistance Capital Program. Currently, the project is in the site development phase.
Hershey Center for Applied Research
The Hershey Center for Applied Research (HCAR) is South Central Pennsylvania’s premier research park. HCAR is providing wet and dry laboratory facilities and office space to life sciences companies at all phases of the business life cycle. The Hershey Center for Applied Research will be using the $6 million state grant to fund the fit out of additional lab space in over 33,000 square feet of building one. It is anticipated that the project will be completed in three phases. Their most recent addition to the Hershey Center for Applied Research is vivoPharm, a contract research organization from Adelaide, South Australia. vivoPharm provides a clinically predictive integrated preclinical services in different disease areas (with a focus on cancer) to the biotechnology and pharmaceutical industries. The RACP grant funded the fit out of 5,800 square feet that vivoPharm now occupies. vivoPharm has already hired 6 full time employees.
Higher Information Group
Provided financing through the Small Business First (SBF) loan program to Higher Information Group, LLC located in Lower Paxton Township, Dauphin County, PA. The loan for $200,000 was part of a $408,451 total financing package which included financing from equity sources for the purposes of upgrading their computer and shredding equipment. The expansion project will also retain 55 full-time jobs.
Higher Information Group was founded in 1969 primarily as a wholesaler of business equipment. In 2001, it was purchased by the current owner, John G Frisch V, who led the company to enjoy a substantial growth rate and an increased diversity of service offerings. They now manage information for their clients in six different areas including, business equipment, information technology, shredding services, document storage, web design and development, and corporate reprographics.
The SBF loan program is designed to stimulate the expansion and assist in the retention of small business for the purpose of creating new jobs and retaining existing jobs in Pennsylvania. This important program is administered by the Commonwealth’s Department of Community and Economic Development and is funded with the ongoing support of the Administration and the General Assembly.
The Harrisburg Regional Chamber & Capital Region Economic Development Corporation (Chamber & CREDC) announced today that they partnered with Metro Bank to provide financing to Tex Visions, LLC. The financing was used by the company to purchase 8 acres of land and construct a 57,600 square foot manufacturing facility. This new location on Pine Hill Drive in Middlesex Township, Cumberland County includes 10,800 square feet of two story office space, separate production and warehouse space, and 60 parking spaces. Tex Vision will transfer all of their 44 current full time employees to their new location and committed to create 16 new positions within the next three years.
Tex Visions, LLC closed on April 22, 2014 on the $2 million PIDA (Pennsylvania Industrial Development Authority) loan provided by The Harrisburg Regional Chamber & CREDC. The economic development loan leveraged another $3.59 million of capital investment towards the project and included financing from Metro Bank and other equity sources.
Tex Visions, LLC is owned by Marcel Ruhland. The company manufactures and distributes custom printed textile advertisements for both indoor and outdoor use including flags, banners, literature stands, and advertising umbrellas. The company was founded in 2004 with only two employees and was one of the first tenants of The Chamber & CREDC’s incubator at the Murata Business Center in Carlisle, PA. The company’s sales grew quickly requiring additional staff and space at Murata. In 2008 they moved manufacturing operations in-house, hired more staff, and leased even more space at Murata. Before Tex Visions graduated from the incubator program and relocated, they had become Murata’s largest tenant.
WCI Partners, LP
WCI Partners, LP was founded in 2005 by a group of Harrisburg business professionals and residents who recognized the opportunity to affect change within the city of Harrisburg and other urban areas by acquiring, rehabilitating, restoring and re-selling historic homes. Their current endeavor, Olde Uptown Development Project, will create a completely revitalized urban neighborhood that had been vacant and blighted since the flood from Tropical Storm Agnes in 1972. Within the four block target area bounded by Muench, Maclay, Second, and Third Streets, there are approximately 320 tax parcels. To date, WCI has completed the renovation and construction of over 85 properties in Phase I and II of the project. The $3 million in state grant funds will be used to acquire over 20 additional properties and redevelop significant commercial and mixed-use anchor buildings in the area, thereby creating a fully revitalized, walk-able urban neighborhood with mixed-use amenities. The Olde Uptown Project is 90% complete. One of the commercial buildings on Green Street will be home to Little Amps, a café that is planned to open October 1st.