SEDA-COG has helped 53 county firms
LEWISBURG - John K. Reichard, director of the finance department for SEDA-COG, provided the following information about financing small businesses in Northumberland County.
- Over the past 30 years in Northumberland County, SEDA-COG has assisted 53 companies acquire financing for either an expansion of the business or for the start-up of a business.
- 113 loans totaling $15.5 million have been provided to those companies.
- Those companies were expected to create nearly 1,000 jobs and or retain nearly 450 jobs.
- The loans (number in parenthesis) were made to companies in Coal Township (1), Dalmatia (4), Danville area (2), Elysburg (2), Herndon (5), Klingerstown area (1), Kulpmont (1), Milton (9), Montandon (1), Northumberland (7), Paxinos (1), Rebuck (1), Shamokin (6), Sunbury (8) and Watsontown (4).
- The "industry sectors" involved included HVAC installation and service, crop, dairy, fruit, hog, livestock, mink, poultry, turkey and venison farms, daycare, artificial limb manufacturing, valve and industrial fitting distribution, playground equipment, stone products, slaughter house, apparel, industrial raft assemblies, modular homes, truck caps and accessories, steel products, peanut snacks, food processing, health care, metal forgings, silk-screen printing, short-line railroad, cement truck drums, bottled spring water, voltage converters and plugs, restaurant, printing, carbide tooling, home health and hospice services, powder-coated parts, environmental consulting, feed mill and more.