Shapiro Administration Secures $100 Million Expansion by Manufacturing Company Victaulic, Helping to Create 214 New Jobs in Tioga County

The Commonwealth is investing $1.5 million in the world's leading producer of grooved mechanical pipe joining, and flow control systems to help spur a $100 million expansion in Tioga County, creating and retaining over 1,800 jobs.

Since taking office, the Shapiro Administration has secured nearly $2 billion in private sector investments to reignite Pennsylvania's economy, spur innovation, and create jobs and economy opportunity.

Harrisburg, PA - Today, Governor Josh Shapiro announced the Commonwealth is investing $1.5 million to support Victaulic, the originator and world's leading producer of grooved mechanical pipe joining and flow control systems. Headquartered in Easton, Pennsylvania, Victaulic's $100 million expansion project will create at least 214 new, full-time jobs and retain an additional 1,611 jobs across the Commonwealth.

"With the support of the Commonwealth, Victaulic is investing $100 million in Tioga County to expand its manufacturing capacity and create 214 new jobs," said Governor Josh Shapiro. "Since day one, my Administration has had a clear plan to double down on our investments in economic development so Pennsylvania companies like Victaulic can compete and win - and I want more companies to grow and succeed here in Pennsylvania. By investing in economic development projects like this one, we are creating good-paying jobs, reigniting our economy, and supporting our communities."

With this investment, Victaulic will construct a 150,000-square-foot addition to its Lawrenceville foundry to accommodate new molding lines, melt furnaces, core machines, and automated finishing and paint equipment to help produce larger scale products. The expansion will also include a 60,000 square-foot machine shop with state-of-the-art Computer Numerical Control equipment.

"This expansion underscores our unwavering commitment to creating family-sustaining jobs that positively impact our community," said Rick Bucher, President and Chief Executive Officer of Victaulic. "The expansion will also bolster our manufacturing infrastructure, ensuring Victaulic remains the industry leader in producing high-quality, innovative solutions for the construction industry and our North American customers. Additionally, the capital investment demonstrates our commitment to sustainable growth by incorporating production efficiency using the cleanest modern melting technology available. Victaulic takes pride in the fact that our solutions are manufactured using 100% recycled steel and are infinitely reconfigurable."

Victaulic received a funding proposal from the Department of Community and Economic Development (DCED) for a $1.07 million Pennsylvania First Program grant and up to a $428,000 Workforce and Development Network grant to train workers.

"Since day one, the Shapiro Administration has been laser focused on attracting new companies and supporting existing Pennsylvania businesses like Victaulic," said DCED Secretary Rick Siger. "We're thrilled to support this project that will create 214 new jobs in Tioga County and inject at least $100 million into Pennsylvania's economy."

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 2021, Victaulic received $1.5 million through the Keystone Communities Program to help towards the purchase of the Lawrenceville facility. The company also was awarded $94,964 through the Manufacturing Tax Credit Program as part of the acquisition project.

Senator Gene Yaw worked with the Governor's Action Team and Victaulic on this project.

"Victaulic's expansion signifies a pivotal investment in the community, championing economic growth and the creation of numerous jobs, while reinforcing our dedication to local prosperity and innovation," said Senator Gene Yaw.

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. To continue to build on this progress, Governor and Secretary Siger unveiled the Commonwealth's first comprehensive Economic Development Strategy in nearly two decades.

The Governor's 2024-25 budget proposal calls for $600 million in total new and expanded investments directly tied back to this ten-year strategy that will enhance DCED's ability to implement the plan. The investments include:

• $500 million in PA SITES funding to bring more commercial and industrial sites online and ensure companies have options for attractive business environments where they can move quickly and thrive in Pennsylvania.
• $25 million for the Main Street Matters program, to support small businesses and commercial corridors that are the backbone of communities across our Commonwealth. This new program will build upon and modernize the Keystone Communities program.
• $20 million to support large-scale innovation and leverage Pennsylvania's best-in-class research and development assets. This funding will be used to incentivize additional private venture capital, positioning Pennsylvania as a national leader in innovation while proactively investing in entrepreneurs who have historically lacked access to venture capital funding.
• $3.5 million to create and launch the Pennsylvania Regional Economic Competitiveness Challenge, which will incentivize regional growth, build vibrant and resilient regions, and support communities by investing in the development of comprehensive strategies to propel entire regions forward.

You can read Pennsylvania's first economic development strategy in 20 years. For more information on the Shapiro Administration's work to create economic opportunity, visit Governor Governor Shapiro's Creating Economic Opportunity website.

For more information about the Department of Community and Economic Development, visit DCED website, and be sure to stay up-to-date with all of our agency news on Facebook, X, and LinkedIn.

MEDIA CONTACT:
Governor's Press Office, [email protected]

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