Lawrenceville, Pa. — A Tioga county business is expanding its operations thanks to a hefty investment.
Victaulic, the originator and world leader in producing grooved mechanical pipe joining and flow control systems, has committed to a $100 million-plus expansion to its Lawrenceville foundry. The company produces parts that are essential for fire extinguishing sprinkler systems, HVAC, plumbing, and many other purposes.
The 150,000 sq. ft. expansion will accommodate new molding lines, melt furnaces, core machines, and automated finishing and paint equipment to create larger scale products. The expansion plans also include a 60,000 sq. ft. machine shop.
As an award, encouragement, and assistance for the company, Pennsylvania's Keystone Communities Program has provided Victaulic with $1.5 million towards the expansion, and the company has received $94,964 through the Manufacturing Tax Credit Program for the project in 2021. In return, the expansion is expected to inject at least $100 million into Pennsylvania's economy.
The expansion is also expected to create 1,800 new jobs, including 214 new full-time jobs in Tioga County.
"This expansion underscores our unwavering commitment to creating family-sustaining jobs that positively impact our community,” said Rick Bucher, President and CEO of Victaulic. “The expansion will also bolster our manufacturing infrastructure, ensuring Victaulic remains the industry leader in producing high-quality, innovative solutions for the construction industry and our North American customers. Additionally, the capital investment demonstrates our commitment to sustainable growth by incorporating production efficiency using the cleanest modern melting technology available. Victaulic takes pride in the fact that our solutions are manufactured using 100% recycled steel and are infinitely reconfigurable.”
Victaulic has also received a funding proposal from the Department of Community and Economic Development (DCED) for a $1.07 million Pennsylvania First Program grant and up to a $428,000 Workforce and Development Network grant to train workers.
“With the support of the Commonwealth, Victaulic is investing $100 million in Tioga County to expand its manufacturing capacity and create 214 new jobs,” explained Gov. Josh Shapiro. “Since day one, my Administration has had a clear plan to double down on our investments in economic development so Pennsylvania companies like Victaulic can compete and win — and I want more companies to grow and succeed here in Pennsylvania. By investing in economic development projects like this one, we are creating good-paying jobs, reigniting our economy, and supporting our communities.”
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. Senator Gene Yaw worked with the Governor’s Action Team and Victaulic on this project.
"Victaulic's expansion signifies a pivotal investment in the community, championing economic growth and the creation of numerous jobs, while reinforcing our dedication to local prosperity and innovation,” commented Sen. Yaw.
Likewise, State Rep. Clint Owlett (R-Tioga/Bradford) expressed his approval for the expansion project.
“Victaulic’s decision to stay here, invest here, and grow here is a testament to the company’s loyalty to our community, as well as the outstanding work force and quality of life our region offers,” Owlett said. “I am excited by the opportunities this creates for us and hope it will encourage other long-time businesses, as well as potential new businesses, to invest in Tioga County and the Northern Tier.”
He continued: “An influx of at least $100 million in our community and creation of 214 new jobs is an outstanding return on this investment by the Commonwealth. It has been a pleasure to work with company leaders to help make this project a reality, and I will continue to support Victaulic and other job creators who want to invest and grow in our region.”
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