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Companies

Alcoa announces deal to acquire Alumina Limited

By Dave Kovaleski  |   February 27, 2024   |   Companies

Alcoa has entered into an agreement on terms and process for the acquisition of Alumina Limited. In this all-stock transaction, Alumina shareholders would receive consideration of 0.02854 Alcoa sha...

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Steve Blanco

MSA Safety names Steve Blanco as new CEO

By Melina Druga  |   February 26, 2024   |   Companies

At its recent annual meeting of shareholders, the MSA Safety board of directors elected Steve Blanco to be CEO, effective May 10, and director of the company, effective immediately. Blanco joined...

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Westinghouse wins contract to evaluate AP1000 reactors in the Netherlands

By Liz Carey  |   February 26, 2024   |   Companies

Westinghouse Electric Company, based in Cranberry Township, Pa., announced Tuesday it had been awarded a Technical Feasibility Study (TFS) contract for the AP1000 reactors with the Dutch government. ...

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Matthews International relocates bipolar plate manufacturing, prototyping operations

By Melina Druga  |   February 26, 2024   |   Companies

Pittsburgh-based Matthews International Corp., a industrial technologies, memorialization products, and brand solutions provider, plans to relocate its bipolar plate manufacturing and prototyping oper...

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CNX to make $1.5M contribution to CNX Foundation

By Melina Druga  |   February 23, 2024   |   Companies

The CNX board of directors recently approved President and CEO Nick Deiuliis’ request to make a $1.5 million donation to the CNX Foundation, a philanthropic organization that invests in communities ...

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NexTier merges with Mars Bancorp

By Melina Druga  |   February 23, 2024   |   Companies

NexTier, the holding company of NexTier Bank, completed its merger with Mars Bancorp, including its wholly-owned subsidiary, Mars Bank on Feb. 16. The merger allows NexTier to expand its geographic...

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Iovance’s AMTAGVI receives accelerated approval from FDA

By Liz Carey  |   February 23, 2024   |   Companies

Iovance Biotherapeutics announced recently its AMTAGVI, a therapy for advanced melanoma had received U.S. Federal Drug Administration (FDA) approval for intravenous infusion. The company said AMTA...

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Harsco Environmental to provide Brazilian company with service

By Melina Druga  |   February 22, 2024   |   Companies

Harsco Environmental, a provider of onsite material processing and environmental services to the global metals industry, recently signed a multi-year services contract with Gerdau, Brazil's largestâ...

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PNC Financial Services Group appoints new president

By Melina Druga  |   February 22, 2024   |   Companies

The PNC Financial Services Group board of directors recently appointed Michael P. Lyons to be president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effe...

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Pennsylvania investment in U.S. Boiler Company expansion will create, retain 132 jobs

By Liz Carey  |   February 21, 2024   |   Companies

On Friday, Pennsylvania Gov. Josh Shapiro announced the state would be investing more than $3.2 million into U.S. Boiler Company’s expansion of its Lancaster facility. The company, which designs...

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Philadelphia software company receives clearance for diagnostic tool

By Melina Druga  |   February 20, 2024   |   Companies

The U.S. Food and Drug Administration (FDA) recently gave Philadelphia-based Proscia, a software company, clearance for its Concentriq AP-Dx digital pathology solution. “This regulatory milestone...

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PNC to open at least 100 locations as part of $1B investment plan

By Melina Druga  |   February 16, 2024   |   Companies

PNC Bank recently announced an approximate $1 billion investment plan that will be used to open more than 100 new branches in key locations to improve the reach of the bank’s coast-to-coast network....

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Montauk Renewables to deliver biogenic carbon dioxide over 15 years

By Melina Druga  |   February 16, 2024   |   Companies

Pittsburgh-based Montauk Renewables, a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas, and EE North America, a developer, finance...

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Koppers Holdings elects MSA Safety CEO Nish Vartanian to board of directors

By Melina Druga  |   February 15, 2024   |   Companies

Pittsburgh-based Koppers Holdings, a treated wood products, wood treatment chemicals, and carbon compounds provider, recently elected Nish Vartanian, MSA Safety Incorporated chairman and CEO, to the b...

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Fulton Financial names Betsy Chivinski as interim CFO

By Melina Druga  |   February 15, 2024   |   Companies

Lancaster-based Fulton Financial Corp., a financial holding company, recently named Betsy Chivinski as its interim chief financial officer and senior executive vice president, effective immediately. ...

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Sen. Casey, Rep. Scanlon announce Army decision to renew production of Ridley-Park helicopters

By Liz Carey  |   February 13, 2024   |   Companies

On Friday, U.S. Sen. Bob Casey (D-PA) and U.S. Rep. Mary Gay Scanlon (D-PA) announced the U.S. Army will modernize its fleet of heavy lift helicopters made in Ridley Park, PA. The Congress members...

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Wabtec to supply Norwegian transit company with efficient door, HVAC systems

By Melina Druga  |   February 13, 2024   |   Companies

Pittsburgh-based Wabtec Corp., a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, recently received an order from Norway-based No...

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IMG Energy Solutions sells gas generation facilities

By Melina Druga  |   February 12, 2024   |   Companies

Pittsburgh-based IMG Energy Solutions, a builder, owner, operator and servicer of on-site power generation plants, recently sold six 21-megawatt natural gas generation facilities in Northeast Pennsylv...

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Pennsylvania’s Westinghouse collaborates with UK’s Community Nuclear Power on AP300 fleet

By Liz Carey  |   February 9, 2024   |   Companies

Cranberry Township, PA-based Westinghouse announced Wednesday it had signed an agreement with United Kingdom-based Community Nuclear Power, Ltd. (CNP) to deploy a fleet of AP300 small modular reactors...

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Heinz Endowments sets aside $10M for projects in western Pennsylvania

By Melina Druga  |   February 9, 2024   |   Companies

The Heinz Endowments will make $10 million available over two years to help leverage the Inflation Reduction Act (IRA) and other government funding. “For decades, The Heinz Endowments has helped...

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