Newtech Dental Laboratory is purchasing 2.38 acres to construct a 10,500-sq-ft facility in Upper Gwynedd Township, PA.
The dental prosthetic manufacturer will invest more than $2.5 million in the project that is expected to create 33 new jobs and retain 37 existing employees. The Pennsylvania Industrial Development Authority will provide a $1.04 million 15-year, low-interest loan at 1.5% to the Montgomery County Industrial Development Corporation on behalf of Newtech Dental Laboratory.