Lyophilization Technology, Inc. (LTI) was approved to borrow $1,440,000 from PIDA thru BCEDC to purchase and renovate a 27,000 square foot building in Warwick Township. The building is located in a Keystone Innovations Zone (KIZ). The project with a total project cost of $2,995,000 will result in creating 13 new jobs and retaining 24 jobs.
LTI is a Contract Development & Manufacturing Organization (CDMO) focused on all aspects of lyophilization for preparation of health care products.
A PIDA loan thru BCEDC was approved for Home Healthworks, Inc. in the amount of $386,000 to purchase two condo units in Bristol Township.
The total project cost was $870,000 and the company will retain 25 jobs.
A family owned and operated business since 1994, Home Healthworks, Inc. is a provider of medical and homecare equipment.
|Municipality||Loan Program||$ Borrowed||SQ FT||Reason for Loan||Jobs Retained||Jobs Created|
|Warwick||PIDA||$1,000,000||27,000||Building Acquisition & Renovations||24||13|