Harrisburg, Pennsylvania – Governor Tom Wolf today announced that Phoenix Tube Company, Inc., a leading manufacturer of stainless steel products, is expanding its operations to Bethlehem, Northampton County. This expansion will allow the company to create and maintain at least 165 jobs in total.
“Phoenix Tube has called the Commonwealth home for decades and we are thrilled to watch them grow,” Governor Wolf said. “This investment will create new, well-paying manufacturing jobs that will boost the city and region’s economy, strengthen our manufacturing industry, and help a long-time Pennsylvania company continue to thrive and succeed.”
Phoenix Tube is adding a new production line to manufacture small diameter stainless steel, titanium and nickel alloy pressure tubing by constructing a 52,000 square foot facility. The new facility will be located on a company-owned 2-acre parcel at 1085 Win Drive, adjacent to its existing facility.
“All of us at Phoenix Tube are so grateful to the state and local leaders who have worked on our behalf to help with this project,” said Andrew Reale, President, and David Reale, CEO of Phoenix Tube. “We are excited to expand our product offering and enter new markets that will allow us to continue growing and expanding our business. For more than 40 years, we have been a proud member of national and local business communities, and this commitment further strengthens our relationships. We look forward to many more decades of being a successful business partner with the Commonwealth of Pennsylvania and with our many dedicated and loyal team members.
The company received a funding proposal from the Department of Community and Economic Development (DCED) for $2.65 million in loans from the Pennsylvania Industrial Development Authority (PIDA), a $90,000 grant to Pennsylvania First, a grant $50,000 workforce development program to train its new workers and is encouraged to apply for the department’s Enterprise Zone Tax Credit and Manufacturing Tax Credit programs . Phoenix Tube has pledged to invest $8.1 million in the project, create 30 new full-time jobs and retain 135 existing jobs over the next three years.
The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the Governor and work with businesses considering locating or expanding in Pennsylvania.
Through GAT, Governor Wolf has invested more than $17 billion over the past seven years to support 418 completed projects, create more than 46,000 new jobs, and retain more than 142,000 jobs for Pennsylvanians.
“It’s great to see the continued growth of Phoenix Tube here in the Lehigh Valley with the help of the Commonwealth,” said Don Cunningham, president and CEO of the Lehigh Valley Economic Development Corporation. “Phoenix Tube is part of the growing Lehigh Valley manufacturing sector, which last year became one of the 50 largest markets in the United States with more than 700 manufacturers employing 35,000 people and generating nearly $8 billion. dollars of annual GDP.”
Phoenix Tube Company, Inc. is a world leader in stainless steel long products, with a focus on ornamental and structural tubing, as well as treated flat bar. With a manufacturing facility of over 250,000 square feet located on 15 acres in Bethlehem, the company is one of the largest in North America.
For more information on the Governor’s Action Team or the Department of Community and Economic Development, visit the DCED website and be sure to stay up to date with all the news from our agency on Facebook, Twitterand LinkedIn.
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