A Westinghouse spokesman tells GlobeSt.com the expansion will be accomplished by adding one floor each to two of the three buildings. He says, "we haven't put a cost figure on the expansion."
Ground broke this August for the first building, which is scheduled for delivery in 2009. The remainder is scheduled for completion in 2010, he says.
In persuading Westinghouse to locate its nuclear energy headquarters and research campus here, Gov. Ed Rendell signed legislation designating this "a Strategic Development Area." The designation, primarily aimed at keeping Westinghouse in Pennsylvania, applies to companies that invest a minimum of $45 million within three years or create or maintain at least 500 jobs. With the approval of local municipalities, SDA's provide such companies with a 15-year tax abatement from state and local taxes.
Westinghouse is expected to create more than 1,000 jobs at this site within five years and as many as 2,000 within the next decade. In selecting this location, the company noted that the land provided flexibility for future expansion. It has agreements to build nuclear power plants in China and as many as 12 in the Southeastern US while also upgrading as many as 20 existing nuclear power facilities.
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