Shale Revolution Helps Tunkhannock Takes Giant Economic Step Forward

Tunkhannock is on the move economically with natural gas service coming to this Endless Mountains gateway thanks to a shale revolution lifting rural areas.

After years of planning and meetings with corporate officials and municipal leaders, The Wyoming County Chamber of Commerce is pleased to announce that ground will be broken today for the installation of a natural gas line to bring service to businesses and homes in Tunkhannock. The event will take place at the Wyoming County Emergency Operations Center on Route 6 east of town from 11 am to 12:30 pm.

“This is important not only for economic development but also for economic sustainability,” said Chamber president Gina Suydam, who worked with the Tunkhannock Borough Council, Wyoming County Commissioners, UGI Utilities Inc., and the Commonwealth Financing Authority to secure the funds needed to finance a “shovel ready” project.

Among the roadblocks overcome by the Chamber and its partner organizations was acquiring the $1-million Pipeline Investment Program (PIPE) grant from the Financing Authority to help cover the cost of installation of a service line from the gate station near Shadowbrook Resort to the first home, a distance of one and a half miles that will produce no revenue.

https://naturalgasnow.org/shale-revolution-helps-tunkhannock-takes-giant-economic-step-forward/

Views: 9

Comment

You need to be a member of GoMarcellusShale.com to add comments!

Join GoMarcellusShale.com

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service