IPEG moving Republic Machine operations from Kentucky to Pennsylvania
March 4, 2016 by Canadian Plastics
Equipment manufacturer IPEG Inc., which owns auxiliary equipment suppliers Conair Group, Republic Machine, and Thermal Care, is relocating a business unit from Kentucky to Pennsylvania.
IPEG is moving its Republic Machine manufacturing operations from Louisville to its facility in Franklin, Pa., investing about US$1.4 million toward expansion and improvements. This will create at least 35 new full-time jobs and retain 234 existing posts over the next three years, the Pennsylvania Governor’s office said in a statement.
Republic Machine supplies single-shaft shredders used in size reduction and recycling applications.
Cranberry Township, Pa.-based IPEG is receiving funding for the move from the Pennsylvania Department of Community and Economic Development Department that includes a US$100,000 Pennsylvania First program grant, US$70,000 in Job Creation Tax Credits to be distributed upon creation of the new job, and US$15,750 for funding for employee training.
In a statement, IPEG president and CEO Chris Keller said that the company has “ambitious growth plans” over the next 10 to 15 years.