Unity firm gets state-backed loan for plant expansion | TribLIVE.com
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Unity firm gets state-backed loan for plant expansion

Stephen Huba
Shane Dunlap | Tribune-Review
Tom Blair, technical director at Product Evaluation Systems Inc. in Unity, opens a servo-hydraulic test frame machine to show where material is heat tested at temperatures up to 1,800 degrees and stress tested at up to 100,000 pounds. Heat- and stress-testing is one of the primary services PES offers to clients in the aerospace, medical, and oil and gas industries. PES will expand its Donohoe Road facility this year with a new 12,500-square-foot building.

Product Evaluation Systems Inc. tests aerospace materials for strength and durability — two qualities that also are good for business.

The state hopes that a new low-interest loan will improve the Unity company’s strength and durability. The $1.05 million loan from the Pennsylvania Industrial Development Authority, announced by Gov. Tom Wolf on Thursday, was facilitated by Economic Growth Connection of Westmoreland County.

The 15-year loan will have a 2% interest rate for the first seven years and then re-set, said company President Walt Moorhead.

“This helps keep the overall cost of the project down and helps us save money in the long run,” Moorhead said.

The $2.6 million project includes the addition of a 12,500-square-foot pre-engineered steel building on Donohoe Road. Product Evaluation Systems has outgrown its current 18,000-square-foot building and requires a larger facility to meet the increasing demands of customers, said Kyle Martin, business development officer for Economic Growth Connection.

Funding will be used for the site renovations. The project is expected to retain 37 full-time jobs and create six to eight new, full-time jobs within three years.

Stephen Huba is a Tribune-Review staff writer. You can contact Stephen at 724-850-1280, [email protected] or via Twitter .

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