YCEA Entity Secures Financing for Legacy’s Expansion
The Economic Development Corporation facilitates loan programs for Legacy.
Hanover, PA – (November 10, 2017) – Legacy, a leading designer and producer of collegiate and resort headwear, apparel, fashion accessories and home décor, received funding this month through an entity of the York County Economic Alliance (YCEA). Funds will be used to expand its current facility located at 300 Fame Avenue, by acquiring adjoining land to construct a new 28,600 square feet warehouse.
Legacy, owned by Grayson P. Wingert, secured funds through the Pennsylvania Industrial Development Authority (PIDA) loan program, and the US Small Business Administration 504 loan program.
“Legacy is a true local business success story,” states Kenetha Hansen, Vice President, Economic Development with YCEA. “The business has evolved into a thriving, nationally recognized manufacturer and significant York County employer. The Economic Alliance is thrilled to have facilitated financing tools to support Legacy’s expansion.”
The York County Economic Development Corporation (YCEDC), an affiliated entity of the York County Economic Alliance, is the County’s Certified Economic Development Organization and administers the PIDA loan program. YCEDC is pleased to have facilitated the SBA 504 loan in partnership with EDC Finance Corporation.
Established in 1992, Legacy has become a nationally recognized brand. From the University of North Carolina Tar Heels, to county artist Blake Shelton – Legacy hats and apparel can be found all though the country. Legacy also shipped thousands of shirts and hats to the victims of Hurricane Harvey this past September.