Developer Gets $5M for Wampum Business Park

WAMPUM, Pa. – The Pennsylvania Commonwealth Finance Authority awarded $5 million July 15 to a private developer that plans to build a new business park in southern Lawrence County. The park will be built by LaCarte Development Co. at the site of Stonecrest Golf Course in Wampum. The state finance authority provided a $2 million Business in Our Sites grant and a $3 million loan. In total, the project will cost at least $7 million, says John LaCarte, president of the development company.

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