FOR IMMEDIATE RELEASE:
Media Contact: Steven Alschuler, salschuler@ridc.org, 917-647-2151
Holtec International Extends Lease at the RIDC’s Keystone Commons
Aerial of RIDC’s Keystone Commons
TURTLE CREEK, PA – September 26, 2024 – Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) announced that Holtec International has signed a five-year lease extension for its space at RIDC Keystone Commons. The company occupies approximately 316,000 square feet in the South Shop building and 106,000 square feet in the West Shop building. Holtec has occupied the space since 1999 and now employs about 285 people at this location.
The lease extension begins January 1, 2025. Holtec International is a global turnkey supplier of equipment and services for the Nuclear, Solar, Geothermal, and Fossil Power Generation sectors of the energy and petrochemical industry.
“Our (Holtec) facility at Turtle Creek is perfectly located to provide our manufacturing facility with the skilled labor required to produce state of the art spent fuel storage and transportation systems for our clients,” said Patrick O’Brien, Holtec International Director of Government Affairs and Communications.
“Holtec’s presence at this site is a meaningful symbolic link to the location’s history,” said Timothy White, RIDC Senior Vice President. “George Westinghouse and Westinghouse Electric, which originally built and occupied what is now Keystone Commons, were pioneers in electrical generation. Holtec is continuing that legacy of innovation today in the energy sector, bringing and keeping jobs in the Mon Valley.”
RIDC Keystone Commons now includes over 40 companies and employs 1,100+ people.
About RIDC:
The mission of the Regional Industrial Development Corporation of Southwestern PA is to catalyze and support economic growth and high-quality job creation through policy advocacy, real estate development and finance of projects that advance the public interest. A not-for-profit entity, RIDC’s 7.7 million square feet of property, in 15 industrial and innovation parks, is currently home to 118 companies that support over 8,000 jobs. More information is available at www.ridc.org.
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Media Coverage:
Pittsburgh Business Times – Holtec International extends lease with RIDC at Mon Valley industrial park
