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Home » Companies » Page 98

Companies

Angel Tax Credits included in state budget

By Melina Druga  |   July 12, 2021   |   Companies

Rep. Wendi Thomas (R-Bucks) announced last week that funding for Angel Tax Credits had been included in the budget for fiscal year 2021-22 and signed into law by Gov. Tom Wolf. Earlier this year, ...

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PPL Foundation awards grants to 115 Pennsylvania nonprofits

By Melina Druga  |   July 9, 2021   |   Companies

The PPL Foundation, which supports nonprofit organizations engaging in innovative and groundbreaking work, recently awarded 115 nonprofit organizations in eastern and central Pennsylvania more than $4...

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Ohio manufacturer to open Berks County location

By Melina Druga  |   July 8, 2021   |   Companies

Mayfield Heights, Ohio-headquartered Materion Corp., a global producer of advanced engineered materials, plans to open a facility in Berks County. The company manufactures high-performance advanced...

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CNX commits $30M to Pittsburgh area with six-year charitable pledge

By Liz Carey  |   July 7, 2021   |   Companies

CNX Resources Corp. announced Friday that it has established the CNX Foundation, a 501c(3), to manage its six-year, $30 million commitment to the Pittsburgh area. Funded by CNX Resources, the CNX ...

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Boston firm investing in Erie’s revitalization

By Melina Druga  |   July 2, 2021   |   Companies

Arctaris Impact Investors, a Boston-based impact investment firm, and its affiliate management companies plan to invest $26.9 million in Erie’s redevelopment. The first project includes a food ha...

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EQT report highlights 2020 sustainability achievements

By Dave Kovaleski  |   July 2, 2021   |   Companies

EQT Corp. released a report that outlines the measures the company took last year to improve the way it produces environmentally responsible, reliable, and low-cost energy. In its Environmental, S...

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Hershey, Land O’Lakes partner to reduce greenhouse gas emissions

By Melina Druga  |   July 1, 2021   |   Companies

The Hershey Co. recently partnered with Land O'Lakes, Inc., a Minnesota-based agribusiness and food company, and the Alliance for the Chesapeake Bay, an organization connecting people to their local r...

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U.S. Steel to work with Equinor to study carbon capture and hydrogen development

By Dave Kovaleski  |   July 1, 2021   |   Companies

Pittsburgh-based United States Steel Corporation (U.S. Steel) has signed an agreement with Equinor US Holdings, Inc. to study the potential for carbon capture and storage and hydrogen development in O...

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Alcoa subsidiary sells Maryland plot of land

By Melina Druga  |   June 30, 2021   |   Companies

Pittsburgh-based Alcoa Corp. announced this week that its wholly owned subsidiary Eastalco Aluminum Co. recently sold a 2,100-acre property in Maryland for $100 million in cash to a joint venture of Q...

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Canadian company to purchase Philadelphia investment firm

By Melina Druga  |   June 30, 2021   |   Companies

CI Financial Corp., a Canadian asset management and wealth management advisory company, recently entered into an agreement to purchase Radnor Financial Advisors, an independent, fee-only wealth manage...

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U.S. Supreme Court decision favors PennEast pipeline in NJ case

By Phil Yacuboski  |   June 29, 2021   |   Companies

A natural gas pipeline can be built from Pennsylvania to New Jersey, allowing the federal government to invoke eminent domain to take state property, thanks to a 5-4 ruling by the U.S. Supreme Court o...

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Hershey completes purchase of Lily’s confectionary brand

By Melina Druga  |   June 29, 2021   |   Companies

The Hershey Co. recently completed its purchase of Lily’s, a manufacturer of low-sugar, better (BFY) confectionery products, for $425 million. Last month, the companies entered into a definitive ...

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Hoots Wings to open 16 Philadelphia locations as part of East Coast development

By Melina Druga  |   June 29, 2021   |   Companies

Hoots Wings, a restaurant known for its diverse wing menu, recently signed a 16-unit deal for locations in the greater Philadelphia area. This deal is part of a larger company plan to add 50 locat...

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Rite Aid publishes sustainability report, including company’s new ESG strategy

By Melina Druga  |   June 28, 2021   |   Companies

Rite Aid, headquartered in Camp Hill, Pa., recently published a corporate sustainability report highlighting its Environmental, Social and Governance (ESG) strategy. The report includes the company...

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Southwestern Energy signs emissions monitoring agreement

By Liz Carey  |   June 28, 2021   |   Companies

Southwestern Energy, a leading U.S. producer of natural gas and natural gas liquids with a large presence in Pennsylvania and Appalachia, announced Wednesday that it has signed an agreement to monitor...

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Ammeraal Beltech to expand US Modular manufacturing operations in Reading

By Liz Carey  |   June 25, 2021   |   Companies

Ammeraal Beltech announced Wednesday plans to expand U.S. Modular manufacturing operations for its uni brand in Reading. The announcement follows the announcement last month of the company’s pla...

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Legislation would close sales tax loophole

By Melina Druga  |   June 25, 2021   |   Companies

Legislation recently introduced in the state House of Representatives would close a loophole in the sales tax law. Under current law, major online retailers calculate taxes based on the location of...

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Planned facility will increase Pittsburgh airport’s ability to handle cargo

By Melina Druga  |   June 24, 2021   |   Companies

The Cargo 4 facility planned at Pittsburgh International Airport will allow the airport to increase its cargo handling capabilities by accepting freight from abroad and distributing it throughout the ...

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Workforce development boards receive $8.2M in L&I grants

By Melina Druga  |   June 23, 2021   |   Companies

The Department of Labor & Industry (L&I) recently awarded four local workforce development boards statewide $8.2 million in Near Completer Demonstration Project (NCDP) grants. The grants assist job...

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First National Bank announces resources to address homeownership in vulnerable communities

By Liz Carey  |   June 22, 2021   |   Companies

Pittsburgh-based First National Bank announced Thursday that it would be adding to its product offering a series of solutions specifically designed to help vulnerable communities financially. The ...

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