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Companies

Hermitage receives $1.73M for transportation infrastructure

By Melina Druga  |   November 29, 2021   |   Companies

The city of Hermitage recently received $1.73 million in state Transportation Infrastructure Investment Funds for transportation infrastructure improvements. Funding will be used to improve State R...

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PPG supplies Lockheed Martin with aircraft seals

By Melina Druga  |   November 24, 2021   |   Companies

PPG recently supplied Lockheed Martin with sets of six custom-designed ramp seals for the aft loading ramp of the C-130J Super Hercules military tactical airlifter. “These 3D printed components ...

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Penn National to open Morgantown casino in December

By Melina Druga  |   November 24, 2021   |   Companies

Penn National Gaming recently announced it plans to open Hollywood Casino Morgantown on Dec. 22, pending final regulatory approvals. The company invested approximately $111 million, including licen...

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Credit: Sen. Yudichak

PA state Sen. Yudichak: ‘Use smart tax policies to leverage job growth’

By Kim Riley  |   November 23, 2021   |   Companies

Pennsylvania legislators are using what state Sen. John Yudichak (I-Luzerne) calls smart tax policies to lure privately held companies with massive construction projects requiring manufacturing and ot...

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Dollar Bank board of directors approves executive vice president, CFO

By Melina Druga  |   November 23, 2021   |   Companies

Pittsburgh-based Dollar Bank’s board of directors recently approved Lisa Griffith as Dollar Bank’s new Executive Vice President and Chief Financial Officer. Griffith joined Dollar Bank in 2013 ...

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Committee hearing examines remediation of Philadelphia oil refinery

By Liz Carey  |   November 22, 2021   |   Companies

On Wednesday, the Pennsylvania Senate Environmental Resources and Energy Committee hosted a hearing to discuss ongoing remediation of the former Philadelphia Energy Solutions refinery. The second ...

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Tavotek Biotherapeutic receives $35M in financing from Chinese private equity fund manager

By Melina Druga  |   November 22, 2021   |   Companies

Lower Gwynedd-based Tavotek Biotherapeutics, a biopharmaceutical company producing medications for patients suffering from debilitating diseases, recently raised $35 million in Round B financing from ...

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GIANT opening three Philadelphia stores in December

By Melina Druga  |   November 22, 2021   |   Companies

The GIANT Co. recently announced the opening dates for its three Philadelphia stores opening in December. “The City of Philadelphia and the surrounding community continues to play a central role ...

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Aramark commits to greenhouse gas reduction

By Melina Druga  |   November 19, 2021   |   Companies

Aramark, a food, facilities, and uniform services company, recently committed to set enterprise-wide science-based targets within 24 months for reducing greenhouse gas (GHG) emissions. “We are pr...

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Wolf tours Pratt Industries’ Carlisle plant

By Melina Druga  |   November 19, 2021   |   Companies

Gov. Tom Wolf recently toured the Pratt Industries advanced manufacturing box plant in Carlisle that opened in May. The plant cost $150 million to construct and employs 215 full-time workers. Pratt...

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Foundation invests $100M to advance life science

By Melina Druga  |   November 18, 2021   |   Companies

The Richard King Mellon Foundation recently provided the University of Pittsburgh with a $100 million gift, the largest single-project gift in the foundation’s history. The university will use th...

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Mid Penn Bancorp., Riverview receive regulatory approval

By Melina Druga  |   November 17, 2021   |   Companies

Millersburg-based Mid Penn Bancorp, and Riverview Financial Corp. recently received regulatory approvals to move forwarded with their proposed merger. “We are pleased to have received regulatory ...

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Evoqua announces environmental goals

By Melina Druga  |   November 17, 2021   |   Companies

Pittsburgh-based Evoqua Water Technologies, a water and wastewater treatment solutions company, recently released its goals to reduce its operational footprint. The goals are part of the company'...

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Rep. Gleim announces plan to lower corporate income tax rate

By Liz Carey  |   November 17, 2021   |   Companies

Pennsylvania Rep. Barbara Gleim (R-Cumberland) announced Tuesday that she intends to introduce legislation that will lower the state’s corporate net income tax rate. In a memo to members of the ...

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Armstrong World Industries releases sustainability report

By Liz Carey  |   November 16, 2021   |   Companies

Lancaster-based Armstrong World Industries, Inc. announced its release of its first sustainability report on Friday. The report builds on the environmental and social aspirations the company previ...

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Penn State receives $1.5M work force education grant

By Melina Druga  |   November 16, 2021   |   Companies

The Employment and Training Administration recently awarded Penn State a $1.5 million Workforce Opportunity for Rural Communities (WORC) Initiative grant to create work force education and reskilling ...

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Liquidity Services opens Northern Pennsylvania warehouse

By Melina Druga  |   November 16, 2021   |   Companies

Maryland-based Liquidity Services, an e-commerce marketplace for retail, industrial and government surplus, recently opened a 100,000-square-foot warehouse in Pittston for its retail segment. The c...

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PPL Corp. participates in venture capital fund that invests in energy technology

By Dave Kovaleski  |   November 15, 2021   |   Companies

Allentown-based energy PPL Corp. is investing in Flagship Fund, Fund II, which is offered by venture capital firm Energy Impact Partners. The fund invests in energy companies and technologies that...

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State Senate passes loan program for veteran-owned businesses

By Melina Druga  |   November 15, 2021   |   Companies

The state Senate recently passed legislation that would create a $5 million guaranteed loan program for veteran-owned businesses. Senate Bill 830 would create a Veteran-owned Business Loan Guarante...

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Hershey purchases two pretzel companies

By Melina Druga  |   November 12, 2021   |   Companies

The Hershey Co. recently entered into an agreement to acquire Dot's Pretzels, the owner of Dot's Homestyle Pretzels, and to purchase Pretzels Inc. from an affiliate of Peak Rock Capital. Both tra...

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