A breadcrumb company is set to expand their facility and add jobs in Bristol Township.
American Breadcrumb Company was granted a land development plan recently by Bristol Township Council. The plan includes an expansion onto their facility at 1425 Hanford Street.
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That wasn’t all the good news the company received.
On Monday, the Bucks County Economic Development Corporation was awarded a $700,000, 15-year loan at 2.25 percent on behalf of the breadcrumb company by the Pennsylvania Industrial Development Authority. The money will cover a portion of the $1.7 million project.
The company will add 18,000-square-feet to their building and create between 8 and 20 new jobs. Representatives for the company were not immediately available to confirm the exact number of new jobs.
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According to a Bristol Township press release:
The Council President said that the project was not a simple land development approval and the administration worked with the company to achieve their goal. The applicant had to obtain Zoning Hearing Board approval, vacate a portion of a Township highway, and acquire additional property prior to getting land development approval.
“I think it is a feather in Bristol Township’s cap that a quality business like American Breadcrumb went to the lengths they did to stay in the Township,” Bristol Township Council President Bob Lewis said.
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The Pennsylvania Industrial Development Authority financing provided Monday to make the project possible was part of roughly $15 million in low-interest loans for 12 projects throughout the state. The loans are expected to create 229 new jobs and retain 664 jobs.
