Carnegie Robotics LLC, a Lawrenceville-based firm that brings robotic technologies to commercial markets, plans to expand its facilities and hire more than 20 people to support the expansion.
The company received $50,000 in job-creation tax credits and an $11,250 Guaranteed Free Training grant from Pennsylvania's Department of Community and Economic Development as well as an $850,000 10-year low interest loan from the DCED's Machinery and Equipment Loan Fund.
The money will go toward expanding the company's 6,427 square-foot space to a 31,000 square-foot site. The company is expected to invest more than $1.7 million.
"Carnegie Robotics has relied heavily on the southwest Pennsylvania region to build this company over the past several years; from advanced machined parts, electronics and coatings to recruiting heavily from Carnegie Mellon and the talented local workforce," CEO John Bares said in a press release.
Deborah M. Todd: email@example.com or 412-263-1652.