PMF Industries expands into clean hydrogen with $7M investment in PA

PMF Industries Expands into Clean Energy with Support from Pennsylvania Government

Pennsylvania's strategic investments in the manufacturing and energy sectors are fueling job growth and innovation as the state aims to lead in clean energy production.

Harrisburg, PA – In a significant move to bolster Pennsylvania's clean energy landscape, Governor Josh Shapiro has confirmed a $4.6 million investment in PMF Industries. This financial backing is part of a $7 million project designed to help the 63-year-old company penetrate the clean hydrogen market, an initiative expected to create 20 new jobs and safeguard 78 existing positions.

The expansion involves the construction of a 16,000-square-foot facility in Williamsport, housing advanced equipment, such as a hot spinning machine and an aluminum heat treating furnace. These installations will enable PMF Industries to manufacture metallic liners for hydrogen storage, facilitating its transportation by various means including trucks and planes.

Governor Shapiro emphasized, “Pennsylvania is the best place in the country for businesses to grow and thrive, and my Administration is committed to making strategic investments that strengthen our key industries and create good-paying jobs.” He further highlighted the state's rich history as an energy leader and reinforced his administration's commitment to supporting clean energy manufacturers.

The funding package from the Department of Community and Economic Development (DCED) comprises a $4.5 million loan from the Pennsylvania Industrial Development Authority (PIDA), a $138,000 Pennsylvania First grant, and $11,000 for employee training through the WEDnetPA program.

DCED Secretary Rick Siger remarked, “The Shapiro Administration’s support of a homegrown manufacturer like PMF Industries is an investment in our vital manufacturing and energy industries.” He noted the project as a testament to the Governor's 10-year Economic Development Strategy, which aims to position Pennsylvania at the forefront of clean energy production.

Having been established in 1961, PMF Industries stands as a globally recognized leader in the production of specialized metal containers for industries such as aerospace, defense, and power generation. President John Perrotto of PMF Industries praised Governor Shapiro's strategic vision in supporting small to mid-sized businesses, stating, “We at PMF Industries commend Governor Shapiro for his foresight in partnering with small and mid-size businesses, like PMF, to help make Pennsylvania an economic leader in providing good-paying jobs vital to our community.”

Executive Vice-President Ken Healy added, “With the help of the PIDA loan, Pennsylvania First grant, and WEDnet training support, we are well-positioned to contribute to the Commonwealth’s leadership in clean energy and innovation.” This expansion is seen as a crucial step in empowering manufacturers and promoting sustainable economic development.

Jason Fink, President/CEO of the Williamsport/Lycoming Chamber of Commerce, expressed enthusiasm for the project, stating, “PMF Industries is a dynamic manufacturer in Williamsport. They continue to grow and evolve, and we’re excited to see them enter into the hydrogen containment market with this latest project expansion.”

This initiative is part of a broader effort by Governor Shapiro's BusinessPA team, which is dedicated to providing businesses the tools needed for long-term success in Pennsylvania. Since taking office, the Shapiro Administration has facilitated over $3 billion in private sector investments.

The focus on manufacturing and energy is a key component of Governor Shapiro's Economic Development Strategy, the first of its kind in nearly two decades. This strategy aims to leverage Pennsylvania's strengths and accelerate economic growth.

The 2024-25 bipartisan budget aligns with these goals, allocating funds for site development, small business support, and tourism marketing to enhance Pennsylvania's economic competitiveness.

Explore more about Pennsylvania’s Economic Development Strategy and how it aims to foster economic opportunities for all residents of the Commonwealth.