BUCKS COUNTY – October 26, 2022 – State Senator Steve Santarsiero (D-10) and Representative Shelby Labs (R-143) announced $3 million in state funds they have secured from the Redevelopment Assistance Capital Program (RACP) for DiaVac Biotech Manufacturing in Plumstead Township.
“I’d like to thank Governor Wolf for supporting our request to dedicate RACP funds for DiaVac Biotech, which will provide the company a state-of-the-art facility with which to work,” said Sen. Santarsiero. “We have the potential in Bucks County to build a biotech corridor that will create jobs and support the growing biotech industry, which is why I enthusiastically supported this project to bring more biotech manufacturing capabilities to Bucks County.”
The grant funds will be used to construct a steel building with a mix of spaces including biolab clean rooms, bio storage rooms, a receiving storage area, a biokit assembly area, admin offices and conference space, and a lobby area.
“Grant funding will not only create permanent family sustaining jobs in our district, but it will also improve the safety of our food supply at a time farmers have been battling avian flu, and that will fight potential spikes in food costs.”
Responding to this award, DiaVac’s Board Chair Dr. Hailung Dai commented, “DiaVac. Biotech is very grateful to Governor Wolf, Senator Santarsiero, Representative Labs and Bucks County for supporting our effort in developing state-of-the-art biotechnology to combat animal and human diseases. With our flagship facility in Bucks County, DiaVac looks forward to rooting itself as a Pennsylvania company.”
RACP is a Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects. RACP projects have a regional or multi-jurisdictional impact and generate substantial increases or maintain current levels of employment, tax revenues, or other measures of economic activity. RACP projects are state-funded projects that cannot obtain primary funding under other state programs.
To learn more about RACP projects and grants, visit the Pennsylvania Office of the Budget website.