– Rep. Donna Oberlander (R-Clarion/Armstrong/Forest) has announced that a state financing package, worth more than $5 million, has the potential to attract up to a half-dozen manufacturing and business entities to the former Clarion Owens-Illinois Glass Plant site.
The $1 million grant and $4.2 million low-interest loan from the Business in Our Sites program were approved today in Harrisburg by the Commonwealth Financing Authority.
“This financing package has huge implications for our area, as several businesses and manufacturers are looking for ready-to-go sites in which to locate,” Oberlander said. “In order to bring these businesses – and jobs – to Clarion, the site must be ready for these potential employers. This loan and grant will allow the site to be redeveloped so that they can move right in.”
The Clarion County Industrial Development Authority is partnering with Miles Brothers LLC to redevelop the 28.5-acre site, which has been vacant since 2010. Redevelopment plans include demolishing existing structures, remediating contaminated soils and installing infrastructure.
Once completed, the site will have seven buildings totaling 300,000 square feet of light industrial, warehouse and office facilities. To date, five businesses have expressed interest, including small manufacturers.
The project is expected to create more than 100 new jobs.
The total project cost is estimated at nearly $40 million with private financing making up $35 million of the remaining need.
Miles Brothers LLC has been involved in several brownfield remediation projects, including Magnolia Estates Development in Clarion, Titusville Opportunity Park in Titusville, Historic Brookville Inc. and the Hammer Paper Mill Site Revitalization in Erie.
Representative Donna Oberlander
Pennsylvania House of Representatives
Media Contact: Jennifer Keaton