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Ben Franklin Program Invests $650,000 In Central PA Startups
For 30 years, Ben Franklin has made investments in central PA’s entrepreneurs, tech-based start-ups, and small manufacturers with the goal of assisting them in developing new technologies, hiring additional employees, and increasing sales.
By: Ben Franklin Technology Partners
For nearly 30 years, Ben Franklin has made investments in central Pennsylvania’
The companies that received a Ben Franklin investment are:
Located in Potter County, Headwaters LLC will build and operate a state-of-the-
Hot Mix Mobile, located in Lebanon County, designs and manufactures a mobile mix-on-site volumetric Hot Mix Asphalt (HMA) system called the RoadMixer™.
The unit is truck mounted and delivers hot mix asphalt on-demand for the permanent repair of roads with little or no waste. The Roadmixer™ effectively eliminates the need for temporary “cold patching”. For more information, www.roadmixer.com
Operating out of the TechCelerator@
Located in Elk County, Super Abrasive Machining Innovation (SAMI) provides the latest in super abrasive machining capabilities to a wide range of markets. SAMI offers precision grinding at speeds as fast as those generated by single point machining, providing a cost effective stock removal process for even the most complex geometric shapes requiring tight tolerances. For more information, www.samillc.com
Alpine Sales & Rental, located in Centre County, received an Innovation Adoption Fund Grant to assist them with a R&D project they are having conducted at Penn State University. The project is designed to develop a soil sampling protocol to effectively characterize jobsite conditions. This information allows for optimized equipment selection in terms of power, torque, and speed when blending soil. For more information, www.alpinecutters.com
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Ben Franklin Technology Partners/CNP, an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority, provides investment capital, operational assistance, and entrepreneurial support, to emerging tech-based companies and small, existing manufacturers for the purpose of creating and retaining jobs in Pennsylvania. Contact the central office of Ben Franklin in University Park at (814) 863-4559, or see our website at www.cnp.benfranklin.org for a listing of satellite offices.