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Home » Companies » Page 24

Companies

TRIUMPH credit ratings upgraded by Moody’s, S&P

By Kim Riley  |   July 3, 2024   |   Companies

Credit ratings recently improved for publicly traded Triumph Group Inc., the Radnor, Pa.-headquartered company that designs, develops, manufactures, repairs, and provides spare aerospace and defense p...

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Investment firm invests in Braddock cold storage facility

By Melina Druga  |   July 3, 2024   |   Companies

Massachusetts-based Arctaris Impact Investors, an investment firm focused on businesses and community infrastructure projects in underserved communities, recently announced it is investing $7.3 millio...

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Eos Energy Enterprises launches commercial production in Turtle Creek

By Melina Druga  |   July 3, 2024   |   Companies

New Jersey-based Eos Energy Enterprises, a zinc-based long duration energy storage systems provider with manufacturing facilities in Turtle Creek, recently launched commercial production on its first ...

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Rio Tinto to demonstrate Alcoa technology

By Melina Druga  |   July 2, 2024   |   Companies

Rio Tinto, a British mining company, plans to use Pittsburgh-based Alcoa Corporation’s ELYSIS technology in an industrial-scale demonstration project in Quebec. The demonstration includes 10 ELY...

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Westinghouse successfully uses additive manufacturing component

By Melina Druga  |   July 1, 2024   |   Companies

Cranberry Township-based Westinghouse Electric Co., a nuclear and clean power technologies company, recently used additive manufacturing (AM) to fabricate components. The company manufactured botto...

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FHLBank names next president and CEO

By Melina Druga  |   July 1, 2024   |   Companies

The Federal Home Loan Bank of Pittsburgh (FHLBank) recently named David G. Paulson as its next president and CEO, effective Dec. 31. Paulson, the current chief operation officer, replaces Winthrop ...

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Tech startup Preamble partners with Virginia information technology solutions company

By Melina Druga  |   June 28, 2024   |   Companies

Pittsburgh-based Preamble, a technology startup, and Virginia-based Carahsoft Technology Corp., an information technology solutions company, recently partnered for product distribution. Under th...

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Mawson Infrastructure Group completes expansion of Midland facility

By Melina Druga  |   June 28, 2024   |   Companies

Midland-based Mawson Infrastructure Group, a digital infrastructure company, completed on Tuesday its planned expansion of its Midland digital infrastructure and bitcoin mining facility. The 20 meg...

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U. S. Steel release sustainability report

By Melina Druga  |   June 27, 2024   |   Companies

Pittsburgh-based United States Steel Corporation (U. S. Steel) recently released its 2023 sustainability report. The report outlines the company’s investments, strategic plans and progress regard...

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Gov. Shapiro tours FNB Financial Center

By Melina Druga  |   June 26, 2024   |   Companies

Pennsylvania Gov. Josh Shapiro recently toured the 26-story FNB Financial Center, F.N.B. Corp.’s new headquarters. "By investing heavily in Pittsburgh and building its new headquarters there — ...

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Aurora Innovation joins Uber Freight in making driverless truck available to carriers

By Liz Carey  |   June 26, 2024   |   Companies

Pittsburgh-based Aurora Innovation announced Tuesday it would be partnering with Uber Freight to launch Premier Autonomy, a program providing access to driverless miles to freight carriers through 203...

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Pennsylvania American Water seeks approval for purchase of water system

By Melina Druga  |   June 25, 2024   |   Companies

Pennsylvania American Water recently filed an application with the Pennsylvania Public Utility Commission (PUC) seeking approval to purchase the East Dunkard Water Authority’s (EDWA) water system as...

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Seagis Property Group leases New Jersey facility

By Melina Druga  |   June 25, 2024   |   Companies

Conshohocken-based Seagis Property Group, a privately held real estate owner and operator, recently announced it fully leased a Northern New Jersey warehouse facility. "We are pleased to complete t...

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Avantor names Corey Walker as new president of Laboratory Solutions business

By Melina Druga  |   June 24, 2024   |   Companies

Avantor, Inc., a life science tools company, recently named Corey Walker president of Avantor's Laboratory Solutions business. Walker was Avantor executive vice president from 2016 to 2020. He also...

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Philly Shipyard to be sold to Hanwha Systems, Hanwha Ocean

By Dave Kovaleski  |   June 24, 2024   |   Companies

Philly Shipyard ASA entered into a share purchase agreement with both Hanwha Systems and Hanwha Ocean to sell the business. The transaction will result in the company selling all of its business a...

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JG Wentworth purchases debt management and payments platform

By Melina Druga  |   June 21, 2024   |   Companies

Chesterbrook-based JG Wentworth, a consumer financial services company, recently purchased Ottopay, a digital debt management and payments platform. The purchase will allow JG Wentworth to offer cl...

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Mawson Infrastructure Group expands Midland facility

By Melina Druga  |   June 21, 2024   |   Companies

Midland-based Mawson Infrastructure Group, a digital infrastructure platform company, recently announced it has expanded its digital co-location business. The company signed a new 20 megawatt (MW) ...

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Versatex doubling manufacturing footprint

By Melina Druga  |   June 20, 2024   |   Companies

Aliquippa-based Versatex Building Products, a manufacturer of high-quality cellular PVC trim, is doubling its manufacturing footprint by building a $40 million, 96,500-square-foot facility in the Aliq...

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Hershey updates greenhouse gas emissions reduction targets

By Melina Druga  |   June 20, 2024   |   Companies

The Science Based Targets initiative recently revalidated The Hershey Co.’s 2030 science-based greenhouse gas (GHG) emissions reduction targets. By 2030, the company aims to reduce scope 1 and 2 ...

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F.N.B. Corp. names leadership for Banking Operations division

By Melina Druga  |   June 19, 2024   |   Companies

Pittsburgh-based F.N.B. Corp., the parent company of First National Bank, recently named the leadership of its merged Bank Operations division. Justin Kurth has been promoted to executive vice pres...

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