Loan fund to help Sherburne company get military work

NORWICH Economic development planners will recommend to the Chenango County Board of Supervisors next month a $75,000 revolving loan for Standard Printed Circuits, Inc. of Sherburne.

The manufacturer plans to utilize the funds to purchase equipment that will enable it to become military-certified and expand its marketplace. The financial impact is expected to result in additional sales upwards of $1 million annually and result in the creation of nine jobs over three years. The company currently employs 22.

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