montcoworks: RAF

Montgomery County, PA

P.O. Box 311, Norristown, PA 19404-0311
Courthouse Hours: 8:30a.m. to 4:15p.m.
Phone: 610-278-3000
Website: www.montcopa.org

RAF

RAF Industries financed a $4,925,000 tax-exempt revenue bond and $1,500,000 taxable revenue bond through Wachovia Securities.  The bond proceeds were used to acquire and renovate an existing 261,680 square foot facility in Upper Hanover Township. The facility will be occupied by two manufacturing companies; Campania International, which produces cast stone, polyethylene and terra cotta garden products, and U.S. Tape, Inc., a domestic manufacturer of measuring tapes, tape measures and other specialty measuring devices, which is relocating from New York State.  A total of 200 jobs will be relocated to the site. Glenn Appel, CEO, Campania International, is pictured here on left, with Peter Rosenquist, President, U.S. Tape, Inc.   RAF