Company Gets Loan to Help in Expansion

A St. Marys company is getting a loan of more than half a million dollars from the state that will allow them to expand their business and hire more people.

The Pennsylvania Industrial Development Authority has approved a $574,000 15-year loan to North Central Enterprises on behalf of P/M National.

The total cost of the project is $820,000 and will allow the company to complete a 28,000 square-foot building addition to increase its manufacturing and office space.

P/M National manufacturers powdered metal products and will be able to retain its 16 existing employees and create an additional 10 jobs within the next three years.

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