A Washington County machine shop operator is expanding his business, but moving to Westmoreland County to a larger building.
According to an announcement Thursday by Gov. Tom Corbett, Lesleh Precision Inc. is expanding from its current site in Speers to a larger facility in Rostraver Township, where it will add at least 29 new jobs to its current workforce of 32.
The company is projected to invest more than $4.7 million to support the expansion and purchase new equipment.
Lesleh Precision President Ron Helsel thanked the governor for helping the company take its next step in growing.
The company received a funding offer from the state Department of Community and Economic Development including a $58,000 Pennsylvania First Program grant, $58,000 in Job Creation Tax Credits and a $13,050 Guaranteed Free Training grant to be used to train its new workforce.
The offer also included a $500,000 low-interest loan at 1.5 percent from the Machinery and Equipment Loan Fund to be repaid in 10 years and an $816,646 low-interest loan at 2.25 percent from the Pennsylvania Industrial Development Authority to be repaid in 15 years.
The project was coordinated by the Governor’s Action Team, a group of economic development professionals who work directly with businesses that are considering locating or expanding in Pennsylvania, in collaboration with the Economic Growth Connection of Westmoreland County.
Established in 1989, Lesleh Precision, Inc. is a manufacturing facility, supplying components and assemblies to the firearms, powered semi-conductor, larger circuit breaker, fluid pump, mining and defense industries. Lesleh, which several years ago began producing components for replicas of the famous Henry repeating rifle, offers precision quality components produced using the latest in CNC machine technology.