Governor Wolf Announces 74 New Jobs with LBP Manufacturing LLC Facility in Lackawanna County
January 04, 2017
Harrisburg, PA – Governor Tom Wolf announced today that LBP Manufacturing LLC, a manufacturer of fiber and resin based foodservice packaging, will lease a facility in Lackawanna County and create 74 new jobs.
“LBP Manufacturing had considered establishing its new facility in a handful of states in the eastern part of the country, but ultimately chose Pennsylvania as the best place to locate and grow its business,” said Governor Wolf. “Our prime location – with strong transportation logistics advantages – and our talented and dedicated workforce were both key factors in attracting the company. I commend LBP on its decision to make Pennsylvania its home.”
To expand its market footprint and establish an East Coast presence, LBP will lease a 101,935-square-foot facility with manufacturing and office space at 7 Alberigi Drive, Jessup Borough, Lackawanna County. The building was previously occupied by BAE Systems until it ceased operations at the location in late 2015. LBP will invest nearly $6 million in the project, which will include building renovations, leasehold improvements, and the procurement of new machinery and equipment. LBP has committed to the creation of 74 new, full-time jobs over the next three years. The majority of new employees will be hired in February and March 2017, although some hiring has already commenced.
“We’re proud to partner and grow in Pennsylvania, a state built on innovation,” said Matt Cook, CEO of LBP Manufacturing. “This expansion creates new jobs, brings new services to our clients, and builds on the values of performance and sustainability central to our continued growth and success.”
LBP received a funding proposal from the Department of Community and Economic Development that includes a $150,000 Pennsylvania First Program grant, $148,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs, and $31,050 in WEDnetPA funding for employee training.
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, in collaboration with The Greater Scranton Chamber of Commerce and The Lackawanna County Department of Planning and Economic Development.
“We are pleased that LBP Manufacturing is joining the growing roster of businesses that have chosen Lackawanna County as a base for their operations,” said Robert Durkin, president of The Greater Scranton Chamber of Commerce. “We pledge to work with the LBP management team as they establish their innovative and industry leading product line, while growing quality jobs in the Jessup Small Business Park.”
“This is great news for our community, especially during the holiday season. Manufacturing was the foundation of our community and continues to be a vital part of our economy,” said Lackawanna County Commissioner Patrick M. O’Malley. “These are family-sustaining jobs that LBP Manufacturing is bringing to our community. This announcement gives credence to our efforts and alerts other companies that Lackawanna County is open for business.”
LBP Manufacturing LLC is a leader of environmentally progressive and sustainable packaging. The company’s focus is almost exclusively around recycled, recyclable, compostable, and repulpable raw materials and products. For more than 20 years, LBP has combined innovation and performance to develop consumer-preferred, sustainable, on-the-go packaging.
Last year, DCED approved nearly $1.1 billion in low-interest loans, tax credits, and grants for projects across the commonwealth and secured private sector commitments for the creation and retention of more than 245,000 full-time jobs. In the same timeframe, the Governor’s Action Team completed 77 projects – creating and retaining more than 36,800 jobs.
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