Birdsboro Trailer Manufacturer Wins Fund Investment – The Post – The Sanatoga Post

Posted: November 3, 2020 at 4:54 pm


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BIRDSBORO PA Reitnouer Inc., the Birdsboro manufacturer of aluminum flatbed and drop deck trailers, has received a $15,000 investment from Ben Franklin Technology Partners of Northeastern Pennsylvania to help the company improve production flow and operational efficiencies. Reitnouer sales have fallen during the coronavirus pandemic, the regional economic development fund said.

The cash infusion will be matched by the company, which before the pandemic saw sales growing, according to Ben Franklin. But the transportation industry has been strongly affected by the virus, it added, and its money is intended to support Reitnouers innovative approach in building the structures that improves product strength and durability.

The investment will improve the companys productivity and position it for recovery and growth, a Ben Franklin media release stated Oct. 27 (Tuesday).

The money won by Reitnouer is part of a total of $407,130 awarded to nine companies in the funds 21-county service area. Ben Franklin Technology Partners is a program of the Pennsylvania Department of Community and Economic Development, funded by the Ben Franklin Technology Development Authority.

Ben Franklin Technology Partners project office photo (at top) from one of its videos

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Birdsboro Trailer Manufacturer Wins Fund Investment - The Post - The Sanatoga Post

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November 3rd, 2020 at 4:54 pm

Posted in Investment