Birdsboro Trailer Manufacturer Wins Fund Investment
BIRDSBORO PA – Reitnouer Inc., the Birdsboro manufacturer of aluminum flatbed and drop deck trailers, has received a $15,000 investment from Ben Franklin Technology Partners of Northeastern Pennsylvania to help the company “improve production flow and operational efficiencies.” Reitnouer sales have fallen during the coronavirus pandemic, the regional economic development fund said.
The cash infusion will be matched by the company, which before the pandemic saw sales growing, according to Ben Franklin. “But the transportation industry has been strongly affected” by the virus, it added, and its money is intended to support Reitnouer’s “innovative approach in building the structures that improves product strength and durability.”
“The investment will improve the company’s productivity and position it for recovery and growth,” a Ben Franklin media release stated Oct. 27 (Tuesday).
The money won by Reitnouer is part of a total of $407,130 awarded to nine companies in the fund’s 21-county service area. Ben Franklin Technology Partners is a program of the Pennsylvania Department of Community and Economic Development, funded by the Ben Franklin Technology Development Authority.
Ben Franklin Technology Partners project office photo (at top) from one of its videos