AirBorn, a manufacturer of specialized electronics for the aerospace industry, plans to expand its facility in Lake City Borough, Erie County.
The company is expanding its manufacturing capacity to meet client demand and allow for space for new projects with the defense and medical industries.
The project includes the construction of a 30,000-sq.-ft. extension onto its Lake City Borough manufacturing plant, and the purchase of machinery and equipment to expand production.
The company plans to invest more than $3.7 million into the project, which is expected to create 249 new, full-time jobs and retain 140 existing jobs over the next three years.
The project will support the creation and retention of 389 jobs in the area, according to the company.
AirBorn received a funding proposal from the Department of Community and Economic Development for a $500,000 Pennsylvania First grant and a $112,050 workforce development grant to help the company train its existing workers. The company was also encouraged to apply for a $875,000 low-interest loan through the Pennsylvania Industrial Development Authority.