Harry J. Lawall and Son, Inc. received a 15-year, $1.83 million real estate loan from the Pennsylvania Industrial Development Authority (PIDA), according to Liz Carey at the Pennsylvania Business Report.
The loan will provide capital for the acquisition and renovation of a 38,276-square foot facility in Middletown Township. The new facility will increase efficiency in Lawall’s manufacturing of prosthetics and orthotics.
Gov. Tom Wolf’s office said that the move to Middletown Township allows the company to consolidate five disparate sites. The flattening will create a more efficient and cohesive environment.
Lawall also received approval of a separate 10-year, $200,000 PIDA machinery and equipment (M&E) loan. The manufacturer’s wish list for the capital includes 3-D printers, robotics equipment and a bio-sculpture machine.
The company plans to retain 98 existing jobs and invest $4.06 million in the new facility.
In 2018, The Philadelphia Inquirer listed Lawall as a “Family-Owned Business of the Year” award winner.
More on PIDA and the Pennsylvania projects it is helping to fund is at the Pennsylvania Business Report.