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Companies

Pittsburgh technology solutions firm purchased by Clearlake Capital Group

By Melina Druga  |   June 22, 2021   |   Companies

Investment firm Clearlake Capital Group recently signed a definitive agreement with private equity firm TA Associates to acquire Pittsburgh-based Confluence Technologies, a software and data solutions...

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Triumph Group to supply Lockheed Martin

By Melina Druga  |   June 22, 2021   |   Companies

Berwyn-based Triumph Group recently announced its Actuation Products & Services operating company will provide Lockheed Martin with hydraulic utility actuation valves (HUAV) to support F-35 fleet read...

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FDA licenses new Pennsylvania pharmaceutical facility to manufacture flu vaccine

By Liz Carey  |   June 21, 2021   |   Companies

On Thursday, the U.S. Food and Drug Administration (FDA) Center for Biologics Evaluation and Research granted Sanofi Pasteur approval to use their manufacturing facility in Swiftwater, Penn. to make i...

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Undersea warfare company expanding in Fayette County

By Melina Druga  |   June 21, 2021   |   Companies

Advanced Acoustic Concepts, LLC, undersea warfare (USW) solutions provider, recently announced it will expand its Lemont Furnace engineering and production facility in Fayette County. The facilit...

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PPG expanding European coatings capacity

By Melina Druga  |   June 21, 2021   |   Companies

PPG recently announced it is expanding its European coatings manufacturing capacity for packaging applications. The company plans to invest an undisclosed amount in sites in The Netherlands and Pol...

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Senate advances legislation seeking to make permanent “Ready-to-Drink cocktails”

By Melina Druga  |   June 18, 2021   |   Companies

The state Senate advanced legislation Wednesday to make permanent changes made during the COVID-19 pandemic that benefit the restaurant industry. House Bill 1154 would make permanent the sale of mi...

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U.S. Steel releases sustainability report outlining ESG initiatives

By Melina Druga  |   June 18, 2021   |   Companies

United States Steel Corporation (U.S. Steel) recently released its 2020 Sustainability Report that updates stakeholders on its Best for All strategy, which outlines its environmental, social and gover...

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Range board announces natural gas pilot program in Southwestern Pennsylvania

By Liz Carey  |   June 17, 2021   |   Companies

Fort Worth-based Range Resources announced Tuesday that it enter into a pilot program to certify responsibly sourced natural gas by monitoring two pad locations in Southwestern Pennsylvania. The p...

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Legislation would allow employers to be reimbursed for workplace injuries

By Melina Druga  |   June 16, 2021   |   Companies

The state Senate recently advanced legislation that would allow employers to be reimbursed for expenses paid to an employee for a workplace injury when a settlement or award of damages is obtained aga...

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Air Products collaboration to develop hydrogen compression

By Melina Druga  |   June 16, 2021   |   Companies

Allentown-based Air Products, an industrial gases company, and Baker Hughes, an advanced hydrogen compression and gas turbine technology company, recently entered into a global collaboration to develo...

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PUC distributes over $146 million in impact fees from gas drilling

By Morgan Snook  |   June 15, 2021   |   Companies

Pennsylvania’s public coffers just got a natural gas-powered boost. The Pennsylvania Public Utility Commission on Monday announced that $146.3 million in impact fees will be distributed in 2021. ...

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PPL Corporation completes sale of U.K. utility business for $10.4B

By Liz Carey  |   June 15, 2021   |   Companies

Allentown-based PPL Corporation announced Monday that it had completed the sale of its U.K. utility business, Western Power Distribution. Western Power was sold to National Grid for £7.8 billion. ...

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CB Financial to sell West Virginia bank branches

By Melina Druga  |   June 15, 2021   |   Companies

CB Financial Services, the holding company for Pennsylvania-chartered commercial bank Community Bank, recently entered into an agreement to sell two West Virginia branches to Citizens Bank of West Vir...

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Kraft Heinz to purchase Assan Foods

By Melina Druga  |   June 15, 2021   |   Companies

The Kraft Heinz Co. recently reached an agreement to purchase Assan Foods from Kibar Holding, a privately held Turkish conglomerate, for approximately $100 million. “This is a great opportunity t...

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GenOn Holdings announces retirement of Allegheny County coal-fired plant

By Liz Carey  |   June 14, 2021   |   Companies

Houston-based GenOn Holdings, LLC announced last week it will close the Cheswick Generating Station, a coal-fired power plant in Allegheny County, by Sept 15. The move is part of a process to perma...

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EQT joins project to lower greenhouse gas emissions

By Melina Druga  |   June 14, 2021   |   Companies

EQT Corp. recently announced that it has joined a project to improve the understanding of upstream greenhouse gas (GHG) emissions at natural gas production sites and further deploying advanced monitor...

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PPG completes purchase of Finnish paint company

By Melina Druga  |   June 14, 2021   |   Companies

PPG recently completed its purchase of all shares of Tikkurila, a more than 150-year-old Finnish producer and distributor of decorative paint and coatings. A total of 38.7 million shares were tende...

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Wabtec begins operations at Pittsburgh campus

By Melina Druga  |   June 11, 2021   |   Companies

Wabtec Corp., a provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail industries, recently began operating at Neighborhood 91. Neighborhood 91...

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Senate committee advances tax bill supporting small businesses impacted by COVID-19

By Melina Druga  |   June 10, 2021   |   Companies

The state Senate Finance Committee recently advanced legislation to provide employers impacted by the COVID-19 pandemic with critical assistance, Senate Bill 368 is part of the Prioritize Pennsylv...

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U. S. Steel sells Transtar business

By Melina Druga  |   June 10, 2021   |   Companies

United States Steel Corporation recently announced it is selling its Transtar business to a Fortress Transportation and Infrastructure Investors (FTAI) affiliate for $640 million. “By selling Tra...

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