SENECA, PA. — Governor Edward G. Rendell announced during his visit on Saturday, July 22, 2006, that growing electronics manufacturer Matric Limited has created 64 new jobs by expanding its operations in Seneca.
The Governor said through its agreement with the state, the company committed to creating 50 new jobs and retaining 204 existing employees.
“I’m very pleased that Matric Limited – in a relatively short period of time – has eclipsed its job creation commitment to the commonwealth,” Governor Rendell said. “The company recognized the quality of Pennsylvania’s workforce in making its decision to expand its presence here. Creating jobs and investing in our communities shows other companies in other states that Pennsylvania is a place where people want to do business and raise families.”
“Our investment in manufacturers like Matric Limited is generating results by helping our economy to grow and our businesses to prosper. Venango County’s unemployment rate is currently at 5.8 percent, down from 6.4 percent in January 2003. Overall, Pennsylvania’s unemployment rate has averaged 4.7 percent over the past year, which is below the national unemployment rate of 4.9 percent. Those numbers confirm that economic development projects like this one, and the family-sustaining jobs they generate, are helping boost our economy.”
Matric Limited has expanded its operations by adding 20,000 square feet to its existing 55,000-square-foot manufacturing facility and by purchasing new machinery and equipment. The company has also started training its new and current employees.
Richard Turner, President of Matric stated, “We are very pleased to be part of the Pennsylvania manufacturing community. Our strong growth is a direct result of support from our customers and commitment from our dedicated work force. The Commonwealth and local economic development team have provided programs and an improved business environment to take advantage of growth opportunities as they have presented themselves. We are excited about the future and our ability to continue to provide outstanding service to our existing and emerging customers. This expansion will help us meet the needs and growth of all our customers. It will also help us meet the growing requirements of our wind energy business developed through MLS Electrosystems that supplies sophisticated electronic blade pitch control systems to the wind energy industry.”
The Governor and other local officials were lead on a brisk tour of the Matric plant. Tour highlights included the Surface Mount Technology (SMT) systems; the wind turbine pitch control enclosures; the high-powered drive enclosures and a walk through the new 20,000 sq. ft. addition.