Continental Cup Company to Establish Plant in Lehigh Valley

by John Jordan Globest.com
Continental Cup Company, a fledgling manufacturer of high-end graphic paper cups, will establish its first manufacturing operation in the City of Bethlehem in Northampton County.

State officials say the project will create 71 new full-tine jobs over the next three years. “I’m proud to welcome Continental Cup Company to Pennsylvania,” says Gov. Tom Wolf. “Manufacturing is thriving in the Lehigh Valley and the addition of this new facility helps to keep this momentum going.”
CCC will lease a 40,000-square-foot building in Lehigh Valley Industrial Park. The company has pledged to invest at least $9.5 million into the project. CCC is a startup paper cup manufacturing company that will service the theater industry, quick service restaurants, convenience stores and food service distribution companies.

“We are extremely excited for our very first operation in Northampton County and proud of our contribution to the local economy providing family-sustaining jobs that will have a positive impact on Bethlehem and surrounding communities,” says Rick Timone, president of CCC. “The support from the Governor’s Action Team was a key component to making this project a reality.”
CCC received a funding proposal from the Department of Community and Economic Development for a $155,000 Pennsylvania First grant, $142,000 in Job Creation Tax Credits to be to be distributed upon creation of the new jobs, and up to $31,950 in grants for workforce training and development.

The company can also to apply for a low-interest $400,000 loan from the Pennsylvania Industrial Development Authority to assist with equipment costs. 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, with additional coordination through the Lehigh Valley Economic Development Corporation.

Don Cunningham, president and CEO of the Lehigh Valley Economic Development Corporation, says that Continental will join the nearly 700 manufacturers in the Lehigh Valley that account for $7.4 billion of the region’s $40 billion GDP.
www.omegare.com