PHILIPSBURG — Officials of Konecranes Company and the Moshannon Valley Economic Development Partnership recently announced that Konecranes has set up a new operation in the Philipsburg area.
Konecranes specializes in the manufacture and service of cranes and lifting equipment.
“It was in mid-June of last year when we first started to correspond with officials of the Konecranes facility based in State College,” said Stan LaFuria, MVEDP executive director. “The company had an interest in moving the facility out of the State College area. A number of key Konecranes employees are residents of the Moshannon Valley, so it made sense for them to consider setting up a new operation here in this area.
“When they saw the Enterprise Center space that we had available and compared our rental charges to the expensive rents of the State College region, it made great business sense for them to set up the new operation here at the Enterprise Center.
“We are very pleased to have the new Konecranes service facility in the Philipsburg area,” said Pat Dowd, Konecranes district manager.
“Wayne Longstreth, service manager in the State College facility, was very interested in checking out the Enterprise Center building space. He was aware of the multi-tenant building facilities that are offered by the (MVEDP) in the Philipsburg area and recommended that we consider them.
“We are glad that we did, as it was a very good experience working with the (MVEDP) staff. The new Philipsburg location now allows us to better serve our central-Pennsylvania region customers.”
Konecranes’ U.S. headquarters is located in Springfield, Ohio. The company provides the equipment, parts and service from more than 600 service locations in 50 countries and employs 17,000 people.
The Moshannon Valley Economic Development Partnership offers two multi-tenant building facilities and two business park sites to the business community. A revolving loan fund program is available, as well as access to state programs such as the Pennsylvania Industrial Development Authority loan program.
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