Italy seeks Pa. tax breaks for rail HQ
ISARail wants to build here
Italy seeks Pa. tax breaks for rail HQ
Joseph N. DiStefano
Amato Berardi, the Philadelphia University-educated finance consultant who represents expatriate Italians from North and Central America in Italy's Parliament as a delegate of the Silvio Berlusconi-founded PDL (Freedom People) political party, says he's negotiating with Pennsylvania state officials to get Keystone Enterprise Zone tax breaks or subsidized loans for the Italian railroad services firm ISARail to build a headquarters in the Philadelphia area. "The new facility is expected to create 30 to 50 full-time jobs for the local economy in the next 12 to 18 months," Berardi said in a statement. "This partnership between ISARail and Pennsylvania will bring quality jobs to Philadelphia and create new tax revenues for our citizens.”
I'm all for FDI, but what exactly would an Italian railroad services company do here? Now if Mr. Berardi can pull in Fiat, that'd be really interesting. Anyway, it's always nice to hear Italian around town.— CoolZanna
we already have one failing railroad in this country, amtrak. we don't need another one— hannibal barca
