Funding from Wolf Administration to Support the Expansion of Morgan Advanced Materials and Technologies, Create 41 New Jobs
December 19, 2018
Harrisburg, PA – Governor Tom Wolf announced that Morgan Advanced Materials and Technologies, Inc. (Morgan), a materials company specializing in carbon and silicon carbide manufacturing, will expand its presence in Pennsylvania. The expansion project is expected to create 41 new jobs at the company’s facilities in Elk and Potter counties.
“This expansion will enable Morgan to grow and create jobs right here in the commonwealth, which is great news for workers,” Governor Wolf said. “We’re also proud to support a project that will enable the materials used for protecting our military and law enforcement to be made in Pennsylvania.”
Due to growing demand for the ballistic armor systems supported by Morgan’s material technology and used by military and law enforcement, the company requires new equipment and furnace technology in order to increase production to meet demand. Morgan has pledged to invest at least $1.6 million into the expansion project, which will create 41 new jobs and retain the 441 existing jobs at Morgan’s facilities in Coudersport and St. Marys in Pennsylvania.
“At Morgan Advanced Materials we use advanced materials to help make more efficient use of the world’s resources, and to improve the quality of life,” said Joseph Boylan, strategic marketing director at Morgan. “We are delighted that we have received this support from the Governor’s Action Team to increase capacity at our production facility. This investment will help generate further employment in our community and leverages our leading materials technology, ultimately helping us to protect our soldiers’ lives.”
Morgan received a funding proposal from the Department of Community and Economic Development for a $100,000 Pennsylvania First grant and $82,000 in Job Creation Tax Credits (JCTC) to be distributed upon the creation of new jobs. The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania.
Morgan, headquartered in St. Mary’s, is a materials technology company that develops, manufactures and markets engineered products from carbon, graphite, silicon carbide, and other related materials. Morgan also provides build-to-print components to support customers’ application needs in rotating equipment for the industrial, nuclear, and aerospace markets.
For more information about the Governor’s Action Team or DCED, visit dced.pa.gov.