Business & Tech
Gov Wolf Cuts Ribbon At Paoli Business Monday
Turn5 in Paoli got a visit from Gov. Tom Wolf Monday for a ribbon cutting. Nearly 200 jobs are being created by Turn5 over the next 3 years.
PAOLI, PA – Turn5 specializes in after-market auto parts used to customize cars, trucks, and Jeeps that is moving to Paoli from Malvern. And the parts specialists got a visit from Gov. Tom Wolf Monday as part of a special ribbon cutting ceremony.
Turn5, in its move, is planning to add at least 183 near jobs to the area through the partnership with the commonwealth for the expansion project, according to Wolf's office.
"Our partnership will help Turn5 continue to grow and thrive, while providing good, family sustaining jobs for this entire region," Wolf said. "This company’s success is proof that when companies invest here in Pennsylvania, they have the support they need to grow and thrive."
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Turn5 is moving from its Malvern location to a more spacious and modern campus in Paoli.
Turn5 is committed to investing at least $7.9 million in the expansion project.
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"Andrew [Voudouris] and I are incredibly thankful to Governor Wolf and the great state of Pennsylvania for their support and incentives to help us build our new home," Turn5 CEO Steve Voudouris said. "In this space, we will be able provide our team with a collaborative work environment to even better serve the auto enthusiast market and bring more jobs to Chester County."
Turn5 received a funding proposal from the Governor’s Action Team Department of Community and Economic Development that includes a $200,000 Pennsylvania First Program grant, $45,000 in WednetPA funding for employee training, and $366,000 in Job Creation Tax Credits to be distributed upon the creation of the new jobs.
"As a businessman, I admire the entrepreneurial spirit of brothers and cofounders Andrew and Steve Voudouris, who started the business in their parents’ basement when they were just teenagers," Wolf said. "I even brought my jeep by the HQ so they could advise me on upgrades."
The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania, in collaboration with the Chester County Economic Development Council.
Turn5 helps people customize, personalize, and build their perfect car, truck or jeep.
With three online stores — AmericanMuscle.com, ExtremeTerrain.com and AmericanTrucks.com — the e-commerce company leverages technology to build communities and inspire car enthusiasts.
"My administration is working hard to foster an environment that allows Pennsylvania entrepreneurs and their businesses to grow and thrive," Wolf said. "And Turn5's expansion with the help of state investment — which will bring hundreds of new jobs to Chester County — is evidence that companies that invest in PA have the tools they need to succeed."
Image via Gov. Tom Wolf's Office
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