« back to PMEDC articles listing

Harmony Labels Bringing 30+ Jobs to East Stroudsburg

  Filed under: Current Events 

(East Stroudsburg) The Pennsylvania Industrial Development Authority (PIDA) awarded Pocono Mountains Industries (PMI) a $500,000, 15-year loan on behalf of Harmony Labels, Inc, a manufacturer of pressure sensitive labels for personal care products. The project is expected to create 39 new jobs.

“The Pocono Mountains are becoming a magnet for small- and medium-sized manufacturers,” says Pocono Mountains Economic Development Corporation Executive Director Chuck Leonard.

PMEDC’s sister agency, Pocono Mountains Industries, provided a $500,000 loan enabling Harmony Labels to purchase this building on Progress Street in East Stroudsburg. The new location will eventually employ nearly 40 people.

“We are pleased to be able to support any manufacturing expansion projects along with our Northeast PA PREP partner, the Northeastern PA Alliance (NEPA) who also provided funding for the project. We work closely with our partners to package programs together and assist our client base in getting the assistance they need,” added Leonard.

Harmony Labels will use the PIDA/PMI loan to acquire and renovate an existing 13,790-square-foot building in East Stroudsburg Borough. An additional $400,000, five year loan at 3.25 percent, was awarded for the purchase of new machinery and equipment.

The project will include repairs to the roof, electrical system, manufacturing floors and renovations to warehouse and office spaces. Total project cost is projected to be $2,500,000 and will create 39 new jobs.