| Posted: April 30, 2006 |
| Fence Manufacturer Locates in Keyser Valley Industrial Park |
| Master Halco, Inc., the world’s leading distributor and manufacturer of perimeter security and fencing has leased the 270,000 square foot Keyser Valley Industrial Center. Located in the Keyser Valley Industrial Park, the project is a consolidation of their Baltimore and Scranton manufacturing plants. The company will retain their current workforce of 43 and create 175 new positions. Greg Jendreas, Master Halco’s President and CEO, said, “We look forward to servicing the East Coast security and fencing industry with the location of this facility near so many major metropolitan areas.” Master Halco was awarded $1.25 Million in grants, tax credits and low interest loans by the Commonwealth of Pennsylvania. “Master Halco’s expansion plans are good news for Scranton and the entire region. It is through this type of working partnership that we have been able to help businesses improve their competitiveness and achieve an all-time high record number of jobs in Pennsylvania,” said Governor Edward Rendell. Joe Bockrath, Director of Manufacturing, stated, “We are investing in an expanded facility to create overall cost savings, standardization, and operational improvements.” Founded in 1961, Master Halco is the world’s leading distributor and manufacturer of fencing, gates and access control products. The company operates branch service centers, manufacturing plants and corporate offices from more than 60 sites strategically located across the U.S. and Canada. The company serves professional fencing contractors, security integrators and quality building materials retailers throughout North America.
|
Return to News List |