Pennsylvania Invests $8.2M to Support Formula Plant ExpansionPennsylvania Invests $8.2M to Support Formula Plant Expansion
Pennsylvania Gov. Tom Wolf said the funds will be used to help the company to expand capacity.
June 10, 2022
The Commonwealth of Pennsylvania is committing $8.25 million to support a capacity expansion project and hiring at ByHeart’s infant formula plant in Reading, PA, Gov. Tom Wolf announced Thursday. The scale up will enable the firm to feed up to 500,000 additional babies.
“We are in a period of unprecedented demand, and are incredibly proud to be in a position – as both the first new infant formula manufacturer to be registered by the FDA in 15 years, and as a company dedicated to farm-to-formula oversight and quality – to be able to pull levers to increase capacity and scale as quickly as possible to support parents during this challenging time,” ByHeart co-founder and president Mia Funt said in a release. “We continue to be grateful for the visionary leaders of the Commonwealth, and the support of Governor Wolf and so many others to move quickly to be part of the solution to this national crisis.”
Pennsylvania also invested $1.75 million through the Redevelopment Assistance Capital Program (RACP) to help the company finish their canning line and dry blend area at the Redding site.
ByHeart is one of five infant formula manufacturers in the United States.
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