Gibbons announces state loan for New Brighton company
HARRISBURG, Sept. 7 – State Rep. Jaret Gibbons, D-Beaver/Butler/Lawrence, today announced the Standard Horse Nail Company of New Brighton was awarded a $123,000 loan from the Pennsylvania Industrial Development Authority. The company, one of the largest domestic producers of machine keys, woodruff keys, taper pins, and other precision fasteners, received a 15-year loan at 3 percent interest to assist with the renovation of 25,000-square-feet of currently unused space in its facility. “Manufacturing is a major component of our local economy and this loan will ensure that a growing company remains and expands here in Beaver County,” Gibbons said. “I’m glad…





