A Berks County-based company is moving ahead with plans to build a new office building that officials said will help create or retain more than 100 jobs.
Prizer-Painter, a manufacturer of high-end residential and commercial cooking ranges and ventilation equipment, will build a 42,000-square-foot office building in Reading, investing more than $3 million in the project.
The project, officials said, will support the creation of 29 jobs and the retention of 87 positions in Berks County, officials said.
"Supporting the growth of our manufacturers is helping to ensure there is a job available for every Pennsylvanian who wants one," said Pa. Gov. Tom Corbett.
The Pennsylvania Industrial Development Authority (PIDA) will provide a $1,827,000, 15-year low-interest loan at 1.5 percent to the Greater Berks Development Fund on behalf of Prizer-Painter.
"Keeping my administration's commitment to moving Pennsylvania’s economy forward continues to send a strong message that Pennsylvania is serious about job creation," Corbett said. "As a result, the state’s unemployment rate has declined for four consecutive months, dropping below the national average to 7.5 percent."
The building will be constructed in the 600 block of Arlington Street, said officials, who had no information about when construction will begin.
Prizer-Painter, maker of the BlueStar brand, has been in business in Reading since 1880. It began by manufacturing residential and commercial coal ranges, hot water heaters, furnaces and heating stoves.