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New Financing Approved

WorldWide Medical Products, Inc. (WWMP) was approved to borrow $2,250,000 from Pennsylvania Industrial Development Authority (PIDA) to purchase a 68,000 square foot building in Bristol Township. WWMP is a technology advanced manufacturer of laboratory ware for the scientific community and academic facilities. WWMP will relocating from New Jersey and will be creating 70 jobs in PA. WWMP is part of a larger consortium of companies under Genesis Biotechnology Group (GBG).

Bioplast Manufacturing, Inc. will borrow $750,000 from the Machinery& Equipment Loan Fund (MELF). Bioplast is an injection molder of laboratory plasticware and laboratory disposables. Bioplast Manufacturing, Inc. will be relocating to Bristol Township from New Jersey and will be creating 70 jobs in PA along with WWMP. Bioplast Manufacturing is part of a larger consortium of companies under Genesis Biotechnology Group (GBG).

Small Business First Fund (SBFF) has approved IMET Corporation to borrow $123,319 to purchase new equipment. IMET is located in Upper Southampton Township. With the purchase of new equipment 14 jobs will be retained and 5 jobs will be created. IMET is a multifaceted electronics design and production firm.

Machinery & Equipment Loan Fund (MELF) has approved OKNA Windows & Doors to borrow $900,000 to purchase new equipment. OKNA is manufacturer of energy efficient Vinyl and Cellular PVC windows and patio doors. OKNA is located in Bristol Township and will be creating 52 jobs and retaining 111 with the equipment purchase.

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