New Castle News

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March 8, 2013

New Castle ranked high in business development

NEW CASTLE — New Castle has been ranked among the top 10 small communities in Pennsylvania for new or expanded businesses in 2012.

Site Selection magazine, a publication specializing in the corporate real estate and economic development field, ranked New Castle seventh in the state with eight new or expanded corporate facilities.

New Castle tied with Chambersburg and Sayre in the micropolitan category.

New Castle tied for 17th nationally with Chambersburg, Sayre and Ashtabula, Ohio.

A micropolitan area is defined as an urban core of a population of at least 10,000, but less than 50,000.

Site Selection bases its rankings on projects that met at least one of the following criteria: A capital investment of at least $1 million, creation of at least 50 new jobs or addition of at least 20,000 square feet of space.

A list of the local companies that qualified was not available.

Edward Jordan, a press aide for the Pennsylvania Department of Community and Economic Development, said the department submits a large list of companies to Site Selection magazine. But the magazine, using its own criteria, selects from the department’s list, he explained. So, the state does not have a compiled list that the magazine selected for the New Castle area, he said.

However, Linda Nitch, executive director of the Lawrence County Economic Development Corp., said she is certain of at least five companies that gave New Castle the ranking: Harbor Steel, Jet Industries, Refresh Dental, Keystone Compliance and Richardson Cooling Packages.

Of the ranking Nitch said, “It helps me market the county better.”

(Email: jmanna@ncnewsonline.com)

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