Sysco Food, Bridge Business Center receive green funding
from stimulus
Philadelphia Business Journal
March 23, 2009
Pennsylvania Gov. Ed Rendell was in Bensalem, Pa., Monday
to announce federal stimulus funding for green projects.
Bridge Business Center LP in Bristol, Pa., and Sysco Food
Services in Philadelphia were among five entities awarded
federal stimulus funds for green projects, Rendell said.
The Pennsylvania Energy Development Authority has allocated
$3.8 million combined to the companies, which will invest
a total of $19 million and create an expected 155 jobs.
Rendell made the announcement at Accu-Weld in Bensalem.
The 28- year old firm, which manufacturers high-efficiency,
vinyl replacement windows for homes, is already seeing an
increase in demand as a result of the federal stimulus package,
Rendell said.
Under the stimulus, homeowners who make energy efficiency
improvements will be eligible for a 30 percent tax credit
capped at $1,500. Homeowners who purchase energy efficient
products are also eligible for a loan or rebate under the
state’s new Keystone HELP Residential Energy Efficiency
Loan and Rebate Program.
Accu-Weld was not one of the five companies involved in
the funding.
Sysco Food Services will match a state investment of $840,000
to construct a 190,000- square-foot expansion of its distribution
center and warehouse, which will be more energy efficient
and utilize solar power.
The Bridge Business Center will receive $1 million and invest
an additional $1.6 million to install an energy system in
a 50,000-square-foot laboratory to enable the firm to recycle
waste heat from its operations and meet all of its energy
needs.
The governor announced that he had also taken the necessary
formal action to ensure the state would have access to approximately
$366 million in federal stimulus funds to grow green businesses
and create jobs.
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