Jul. 23, 2024
HARRISBURG – Rep. Dan Moul (R-Adams) announced today that the Commonwealth Financing Authority (CFA) approved more than $2 million for the Adams County Industrial Development Authority (ACIDA), which will enable it to redevelop the site of the former Gettysburg Foundry in Cumberland Township.
ACIDA acquired the nearly 50-acre property – the former CM Metals Gettysburg Foundry – and applied for state funding to clean it up and return the former industrial site, located in the middle of the Greenmount Growth Area, to productive use. This would include the cleanup of aluminum metals improperly disposed on the property.
The CFA, an independent agency within the Pennsylvania Department of Community and Economic Development, holds fiduciary responsibility over the funding of programs and investments in Pennsylvania’s economic growth. Today, it approved a Business in Our Sites grant of nearly $1million and a low-interest loan of $1.4 million for the Gettysburg Foundry restoration project.
“The reclamation and redevelopment of this historic industrial site will help to expand business development and economic growth in our area,” said Moul. “This property has been sitting idle for many years. Now, with the help of CFA funding, it will be put to good use. In addition to new jobs and commerce, it will also produce much-needed tax revenue for Adams County. I look forward to its progress.”
Representative Dan Moul
91st District
Pennsylvania House of Representatives
Media Contact: Donna Pinkham
717.260.6452
dpinkham@pahousegop.com
RepMoul.com