RIDC was approved for a 15-year, $2.25 million Pennsylvania Industrial Development Authority (PIDA) loan to renovate RIDC Westmoreland (formerly a Sony facility) and assist Intervala’s expansion from 136,500 square feet to approximately 220,000 square feet. Intervala is a full-service manufacturer of complex, high-performance printed circuit board assemblies, electromechanical systems, and cable and harness assemblies.
Currently, Intervala employs approximately 210 in the RIDC facilities, with plans to expand to 350 jobs over the next five years. Tenants leasing space in RIDC Westmoreland include DNP IMS America, Cenveo, Westmoreland County Community College, Siemens, and ARGO.
Link to press release. Media Coverage:
Pittsburgh Business Times – RIDC receives $2.25 million loan to renovate RIDC Westmoreland facility
TribLIVE – State loan could help add jobs at industrial park housing former Volkswagen, Sony plants
Pittsburgh Post-Gazette – From big screens to circuit boards: Former Sony plant in Westmoreland County gets $2.25 million state grant for possible expansion
KDKA Radio – Gov. Wolf awards funds for business support, facility improvement in 3 counties
Mon Valley Independent – Loan could add jobs at former Sony plant
Pennsylvania Business Report – Development authority approves three new loans