The Herald, Sharon, Pa.

Local News

May 17, 2013

Drilling equipment maker plans plant here

Warehouse being converted

SHARON — A Winner Cos. warehouse in the North Flats of Sharon is on its way to conversion into a manufacturing plant offering more than 100 new jobs.

The multi-million dollar investment by a manufacturer from Canada whose products include equipment for the oil and gas drilling industry has been on the fast track in recent months, said Randy Seitz, president and chief executive officer of Penn Northwest Development Corp., Coolspring Township.

Seitz and others involved in putting together the sale of the property bounded by Vine Avenue, Mill and Franklin streets and Alexander Place would not identify the company whose representatives will be in town next week to work on final details.

“All the major terms and conditions have been agreed on and approved,” said Jack Campbell, corporate counsel for Winner Cos. “It’s just a matter of the attorneys working out the language.”

Neither Campbell nor Ron McCall, local attorney representing the Canadian firm, would specify the sale price of the 55,000-square-foot building at 420 Vine Ave.

Seitz pegged the company’s annual revenues at $14 million to $18 million and said it hopes to begin operating the local plant around the end of August.

“This company provides support services and equipment to the oil and gas industry,” Seitz said. “They will be investing $10 million in Mercer County and employ about 150 people with average wages of about $35,000 a year.”

Mercer County CareerLink, the state’s employment office on West State Street downtown, is accepting applications for the jobs the company needs to fill, Seitz said.

“This is something that will have a large, long-term impact on Mercer County’s economy,” Seitz said.

Sharon City Council on Thursday started the process to vacate the Alexander Place parcel the company wants to develop. The project includes tennis courts owned by Pennsylvania State University, which has been asked to sell the property.

Dr. Fred Leeds, chancellor of the Shenango Campus, said he has submitted the request to University Park, noting that the courts have not been used for eight or nine years. The Penn State parcel includes the courts and other land that amounts to about half of a city block.

Leeds said any decision to sell the land would ultimately be considered by Penn State’s board of trustees.

Seitz estimated the size of the entire parcel for the development at about 3 acres, including the warehouse parcel, Penn State land and Alexander Place.

Seitz and City Manager Scott Andrejchak credited a team of 45 volunteers from local businesses, government agencies and others who met in long work sessions to help bring the project to this point.

“One of our partners is the Shenango Valley Enterprise Zone,” Seitz said. “There are funding requests to go to their board. Penn Northwest is funding a part of the project, so our committee has to meet and there is bank financing.”

Seitz said details of a package of local and state incentives requested by the company would be disclosed later.

Andrejchak cited the development as a huge step forward for the city.

“We’re all excited about getting a new company in Sharon,” he said. “Council and I are grateful to Randy Seitz and the team that Penn Northwest put together to bring more jobs to the community.”

 

1
Text Only
Local News
  • Police: Kids in car were OK

    The mother of two young children was drunk and passed out when police found them all in a car parked along a city street, Sharon police said.

    July 29, 2014

  • To talk – or not – about police

    The mysterious agenda item, “No. 10,” at Farrell’s council meeting Monday became the center of a heated workshop and business session.

    July 29, 2014

  • Community thanks its first-responders

    Sharpsville honored its emergency responders Sunday at an event that included Mertz Towers residents as special guests.

    July 28, 2014

  • Drilling boom challenges state inspectors

    The state’s 83 well inspectors face a daunting enough challenge keeping tabs on 120,000 active oil and gas wells that have been drilled over the last century.

    July 28, 2014

  • Kidds Mill Covered Bridge A span of time

    Four generations of the Cadman family have enjoyed the Kidds Mill Covered Bridge, which is in Pymatuning Township near where the family’s ancestral farm is located.

    July 28, 2014 3 Photos

  • Intruder hurts woman, takes $5

    A home invasion in Hermitage Friday night sent an elderly woman to the hospital and netted the robber $5.

    July 27, 2014

  • national night out March against crime set for Aug. 5

    At the last Southwest Mercer County Regional Police Commission meeting, Chief Riley Smoot Jr. presented the number of incidents for each of the four communities in May.

    Farrell topped out at 819.

    July 27, 2014 1 Photo

  • high street trail Peaceful pathways

    History buffs and picnickers in the Shenango Valley won’t have to drive to Sharpsville to hang out at the old Erie Canal extension lock. They’ll soon have the option to walk or roll in on bicycles and even powered chairs to visit Canal Park near the outflow of Shenango Dam.

    July 27, 2014 1 Photo

  • balloonquest1 Balloon Quest celebrates 25 years

    Today is the final day of the 25th annual Western Pennsylvania Balloon Quest at Scotland Meadows Park.

    July 27, 2014 1 Photo

  • News briefs from July 26, 2014

    Man faces bomb threat charges

    June building tops $4 million in Hermitage

    July 26, 2014

  • Elderly man survives plane crash

    An elderly man survived wrecking his plane into a bank, then landing into a wetland, about 200 feet south of Runway 28 at Grove City Regional Airport in Springfield Township on Friday.

    July 26, 2014

  • Dontae Rashad Pinkins Man arrested for April gunfight

    Federal marshals and local police arrested Dontae Rashad Pinkins Thursday on a warrant accusing him of involvement in an April gunfight with another man in a Sharon alley.

    July 26, 2014 1 Photo

  • Hearing changed in starving case

    The time and place for the preliminary hearing of a Greenville mom accused of starving and beating her 7-year-old young son has been changed.

    July 26, 2014

  • Schell working on mural Drawn to Mexico

    Jason Schell probably is not exaggerating when he says that millions of people have seen his art.

    July 26, 2014 4 Photos

  • Farrell man, 24, arrested on warrant in connection with April shooting

    Federal marshals and local police arrested Dontae Rashad Pinkins Thursday on a warrant accusing him of involvement in an April shootout in Sharon.


    Pinkins, 24, of Farrell, is in Mercer County Jail after failing to post bond on gun charges.

    Additional details to follow.
     

    July 25, 2014