The Market Advantage
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Valspar Corporation Anchors New Rail-Served Business Park
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There
really is no substitute for rail.
The Valspar Corporation
wanted to construct a new manufacturing and distribution facility,
and needed rail access for the delivery of some production components.
They investigated rail-served sites all over Pennsylvania to find
the best site to serve their Northeast distribution needs. What
they found was the Lebanon Rails Business Park – one of the last
rail-served Parks with lots still available for sale on the East
Coast. |
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The Lebanon Rails Business Park (LRBP) has
been zoned for industrial use for decades, but had lain vacant for
many years because of a lack of infrastructure. The Valspar Corporation
was willing to begin constructing a facility while infrastructure
was being installed, and the LVEDC and Valspar worked together to
finally fulfill the vision of a rail-served business park within
blocks of the Lebanon City line. |
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The
total infrastructure extension cost over $5,000,000, and was funded
by State grants and loans as well as some local support and the
good will of the LVEDC. At build-out, the Park will have created
an estimated 1,300 jobs and will more than pay for itself in increased
tax revenues. Valspar completed their facility in 2005, and
expects to hire 120 employees by 2007. The Valspar Corporation
has also graciously offered to provide paint for all of the homes
constructed by Habitat for Humanity in Lebanon County.
The rail service at the
LRBP has attracted a lot of attention from companies around the
country, and the LRBP will certainly begin to fill up with more
new manufacturing facilities very soon. |
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The LVEDC is proud to
have been a part of bringing Valspar to Lebanon County and creating
the Lebanon Rails Business Park. We look forward to putting the
same dedication to work for your company. Let us know if you are
looking to expand or if your business needs are changing. We'll
get you connected!
Call the LVEDC at 717-274-3180
to find out if we have a program that is right for you. |