PENCORPennsylvania Entertainment Communications & Recreation
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PENCOR intends to immediately ask the Business Finance Authority to consider their application for $55 million of 1994 tax-exempt financing.
Although 100 percent of the savings that we achieve as a result of BFA tax-exempt bonds are invested in economic development and conservation and load management initiatives, we believe that it is more beneficial to the state and to our customers to ask the BFA to consider giving the $55 million of tax-exempt financing to PENCOR to support this project," said Frain.
For more information about PENCOR, contact Tom Murray (401)685-7904
o PENCOR is an environmental project development firm, specializing in industrial and municipal solid waste disposal and recycling facilities that feature on-site manufacturing capabilities for the conversion of recyclable materials into commercially viable products.