Rhino Cable Service Inc., Bensalem Township will receive a $775,000 PIDA loan to purchase a building and $60,000 for machinery and equipment loan. The funding will assist the expansion of its 22,500 sq. ft. facility, located on a 3.2-acre property on Blanche Road. The project will renovate and upgrade the facility and purchase machinery. Founded in 2005, Rhino Cable Service manufactures equipment for major cable companies, including Comcast. The expansion will create and retain 36 full-time jobs.
PIDA also approved a $1 million loan to, Middletown Township based Eastern Warehouse Distributors Inc. The company, founded in 1989, will use the money to expand its 27,000 square-foot warehouse on Wheeler Way. With the expansion, Eastern Warehouse Distributors will retain 130 jobs. The company distributes auto parts to clients in Pennsylvania and New Jersey.