Penn State Acquires Property At CATO Industrial Park
March 16, 2001
Hershey, Pa. – Penn State has been given the opportunity to purchase the North American Refractories Technical Center at 3127 Research Drive, CATO Industrial Park.

“A number of colleges have unmet needs that would be addressed by the American Refractories building,” said Gary C. Schultz, senior vice president for finance and business/treasurer.  Penn State’s Board of Trustees today (March 16) approved the purchase for $2.2 million. 

The 10-acre property contains a 56,000 square-foot, single story structure with an office, laboratory and research and warehouse spaces.  The University also owns the Aqua Penn and Swan properties at CATO Park on Route 26.

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Contact:  Christy Rambeau (814) 865-7517 or e-mail at cmr7@psu.edu