MONTROSE – Rep. Jonathan Fritz (R-Susquehanna/Wayne) and Sen. Gene Yaw (R-23) today announced a $442,274 grant to be awarded to Leatherstocking Gas Company for the installation of a natural gas line in Bridgewater Township, Susquehanna County. The grant is awarded through the Commonwealth Financing Authority’s Pipeline Investment Program.
The proposed project will extend the existing natural gas line an additional 7,300 linear feet along Route 29 serving the borough of Montrose and the township of Bridgewater. The project will provide low-cost natural gas to homes and will service 130 acres of commercial/industrial property, as well as create 100 jobs and retain 80 jobs.
“This substantial grant will provide much-needed economic growth and development to Susquehanna County,” said Fritz. “I am so pleased to see the public and private sectors working together to create jobs, fuel business growth and enhance our community.”
“Improving the accessibility and availability of natural gas service throughout our region will give more residents the opportunity to benefit from this low-cost, more environmentally friendly fuel,” said Yaw. “As sponsor of legislation establishing the Pipeline Investment Program, my colleagues and I continue working to ensure that locally produced natural gas stays local for the benefit of area residents, businesses, hospitals and schools. I congratulate Leatherstocking on receiving this state investment and it will serve as a benefit to the entire county.”
Pipeline Investment Program funds will be used for the construction of the gas line, engineering and inspection costs. Total project cost is $884,548 and Leatherstocking Gas Company will provide matching funds in the amount of $442,274.
Michael German, president and CEO, stated, “LGC is moving forward to acquire the necessary easements and permits in order to begin construction. We are encouraged by the support of state and local officials, the local customer response to date, and believe this gas line will be a stimulus for future economic growth and job creation in the area.”