The Philadelphia Macaroni Co. recently closed on a
$450,000 Enterprise Zone Loan through the Capital Region Economic Development
Corp. that officials say will save Harrisburg jobs.
Harrisburg Regional Chamber and CREDC announced
the loan in a news release today.
In 2014, the Philadelphia Macaroni Co. agreed to purchase
real estate and machinery and equipment from Unilever
at 1701 Berryhill St., Harrisburg. Unilever had contemplated vacating the
facility, which would have left 43 people unemployed.
Philadelphia Macaroni plans to spare those jobs
by continuing production from the Unilever facility, the company’s first
operations in the Harrisburg region. The Enterprise Zone Loan was applied
toward the purchase of machinery and equipment at this facility, the release
said.
An Enterprise Zone is an area that has been
designated by the Department of Community and Economic Development as
financially distressed and disadvantaged. Loans up to $500,000 are granted to
spur economic growth.
Philadelphia Macaroni was founded in 1914 by Antonia
Marano and his son Vincent in Philadelphia. To this day, the company is owned
and operated by the Marano family. The company is a contract pasta producer for
industrial food producers, institutional services and retail/private label
distribution.
Philadelphia Macaroni manufactures dry, frozen and
specialty pasta at factories in Pennsylvania, North Dakota, and Washington
state. The company also mills durum and hard red spring wheat at Minot
Milling Co. in North Dakota.
Source: Central
Penn Business Journal
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