June 18, 2024 - Aliquippa, PA
Governor Josh Shapiro and Department of Community and Economic Development (DCED) Secretary Rick Siger joined Versatex leadership and local leaders to announce that the company - a leading designer and manufacturer of sustainable outdoor living products - is investing $40 million in a project that includes new production capacity and the construction of a new, 96,500-square-foot facility at the Aliquippa Industrial Park in Beaver County. The project is expected to create at least 80 new jobs, building upon the current workforce of approximately 180 employees based in Aliquippa and over 400 in Scranton.Since taking office, the Shapiro Administration has secured and announced nearly $2 billion in private sector investments through the Governor's Action Team and PA SITES (Pennsylvania Strategic Investments to Enhance Sites) investments - and the Governor's proposed 2024-25 budget and Economic Development Strategy prioritize economic development to continue to help businesses grow in Pennsylvania."For nearly two decades, Versatex has called Aliquippa home - and with the support of the Commonwealth, Versatex is investing $40 million in Beaver County to double its manufacturing capacity, build out an entirely new production line, and create 80 new jobs," said Governor Josh Shapiro. "This is what is possible when we invest in economic development - and I want more companies to see that Pennsylvania is open for business and we are ready to work with you. That's why my budget proposes $600 million in economic development initiatives to grow our economy, rebuild our communities, and help Pennsylvania compete to win. We can turn dirt into jobs and do big things again in Pennsylvania - but we need to invest to make it happen."Speakers List:Scott Van Winter, President, VersatexGovernor Josh ShapiroSecretary Rick Siger, Department of Community and Economic DevelopmentMayor Dwan B. Walker, AliquippaState Representative Robert Matzie
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