HARRISBURG, Pa. (AP) — Gov. Tom Corbett’s administration says it is offering taxpayers’ money to help to finance the construction of a new battery manufacturing plant in Berks County that is expected to employ 400 people.
Corbett’s office said Thursday that it is offering grants, reimbursements and tax credits of almost $1.5 million plus $11 million in low-interest loans to East Penn Manufacturing.
Corbett’s office says the new East Penn plant will be 458,000 square feet and cost the company more than $50 million.
East Penn calls itself a leading maker of batteries for automotive, marine and other purposes. It says it already has more than 2 million square feet of facilities in Lyon Station, about 45 miles northwest of Philadelphia.