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Investment

Pittsburgh International begins next phase of carbon reduction plans

By Melina Druga  |   May 25, 2022   |   Companies

Pittsburgh International Airport and CNX Resources Corp., a gas development, production, midstream, and technology company, have entered the next phase of their partnership to reduce carbon emissions....

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Ben Franklin board approves $150,000 in new investments

By Melina Druga  |   May 24, 2022   |   Companies

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s board of directors recently approved $150,000 to be distributed to five companies in loans with warrants. Each company will rec...

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New report from Duquesne Light examines the benefits of electrification

By Dave Kovaleski  |   May 24, 2022   |   Companies

A new whitepaper from Pittsburgh-based Duquesne Light Company (DLC) looks at the role of electrification in decarbonizing the Pittsburgh region. Among the primary objectives of the paper -- Electr...

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Two farm credit companies merge to form Horizon Farm Credit

By Melina Druga  |   May 24, 2022   |   Companies

AgChoice Farm Credit and MidAtlantic Farm Credit, agricultural lending cooperatives owned by member‐borrowers, recently announced they will merge, effective July 1, to form Horizon Farm Credit. ...

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PPG provides Lyft with powder coatings for e-bikes

By Melina Druga  |   May 23, 2022   |   Companies

PPG recently announced it provides Lyft, one of the largest transportation networks in the United States and Canada, with retroreflective powder coating for its e-bikes. The e-bikes will be used in...

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Penn State, Westinghouse partner to advance science, nuclear engineering innovations

By Melina Druga  |   May 23, 2022   |   Companies

Pennsylvania State University and Westinghouse Electric Co. have partnered to conduct research and development focused on exploring and applying nuclear engineering and science innovations to society...

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Alcoa signs contract with energy producer in Spain

By Melina Druga  |   May 20, 2022   |   Companies

Alcoa Corp. recently signed a contract for an undisclosed amount with Greenalia, an independent renewable energy developer and producer, that supports the planned restart of the San Ciprián, Spain, a...

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Wolf administration celebrates Internet for All Initiative

By Melina Druga  |   May 20, 2022   |   Investment

Gov. Tom Wolf and other administration members recently gathered at Marion-Walker Elementary in Centre County to highlight the federal $45 billion Internet for All Initiative. The U.S. Department o...

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MECCO partners with Pennsylvania universities to advance plastic welding technology

By Liz Carey  |   May 20, 2022   |   Companies

Cranberry Township-based MECCO announced Thursday that it has received a grant from the Pennsylvania Department of Community and Economic Development to be part of a laser research project. A lead...

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FNB commits to $2.5M investment in Black Tech Nation Ventures

By Liz Carey  |   May 19, 2022   |   Companies

F.N.B. Corporation (FNB) announced Monday a $2.5 million equity commitment to Pittsburgh-based Black Tech Nation Ventures (BTN.vc). BTN.vc is a majority Black-owned venture capital fund that provi...

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Pennsylvania receives $26.6M for abandoned mines through federal revitalization program

By Melina Druga  |   May 19, 2022   |   Investment

The U.S. Department of the Interior recently awarded Pennsylvania $26.6 million through the Abandoned Mine Land Economic Revitalization (AMLER) Program. The program allocates funds to the six Appal...

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Slippery Rock University receives $179,181 for internship program

By Melina Druga  |   May 19, 2022   |   Investment

Pennsylvania’s Manufacturing PA Training-to-Career Program (MTTC) recently awarded Slippery Rock University $179,181 to support a student internship program in Allegheny, Butler, and Erie counties. ...

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Diversified Energy purchases Ohio well plugging service

By Melina Druga  |   May 18, 2022   |   Companies

Diversified Energy Co., an independent energy company, recently purchased Ohio-based Nick's Well Plugging (NWP), a privately held plugging service provider. The purchase allows Diversified to meet ...

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UGI commits funding for renewable natural gas project

By Liz Carey  |   May 18, 2022   |   Companies

Wyomissing-based UGI Energy Services (UGIES) announced Monday it had entered into an agreement with MBL Bioenergy to fully fund the first set of renewable natural gas projects in South Dakota. The...

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CertainTeed to invest $100M in Georgia manufacturing facility

By Melina Druga  |   May 18, 2022   |   Companies

CertainTeed, a Malvern-based developer of innovative and sustainable building products, plans to invest $100 million by 2026 to expand its roofing shingle manufacturing facility in Peachtree City, Geo...

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Ox Industries acquires Hanover facility

By Liz Carey  |   May 17, 2022   |   Companies

Ox Industries announced last week that it had acquired a 150,000-square-foot facility in Hanover, Pa., to expand its converting capacity in the Mid-Atlantic Region. Ox said the facility will house...

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Delaware Valley Industrial Resource Center receives $130,000

By Melina Druga  |   May 17, 2022   |   Investment

Pennsylvania’s Manufacturing PA Training-to-Career Program recently awarded Delaware Valley Industrial Resource Center (DVIRC) a $130,000 grant to support manufacturing career awareness. DVIRC’...

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Pennsylvania working on decarbonization, clean hydrogen

By Melina Druga  |   May 17, 2022   |   Investment

Pennsylvania supports a path for industrial sector decarbonization with an emphasis on the deployment of clean hydrogen and carbon capture, utilization, and storage technologies, Gov. Tom Wolf announc...

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Community and Economic Development Department approves $14M tax credits for early-stage tech companies

By Melina Druga  |   May 16, 2022   |   Companies

The Pennsylvania Department of Community and Economic Development recently approved $14 million in Keystone Innovation Zone (KIZ) 2021 tax credits for 197 early-stage technology companies statewide. ...

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Rep. Keller introduces resolution affirming support of American oil, natural gas

By Liz Carey  |   May 16, 2022   |   Featured

U.S. Rep. Fred Keller (R-PA) and 20 of his House Republican colleagues introduced legislation last week supporting the development of the American oil and natural gas industry. Keller and his coll...

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Most Read Last 7 Days

  • Globalization in the Age of COVID
  • PIDA approves four low-interest loans
  • CertainTeed to invest $100M in Georgia manufacturing facility
  • Two farm credit companies merge to form Horizon Farm Credit
  • Philadelphia Mayor Kenney announces Keith Brune as acting CEO of Division of Aviation
  • Commonwealth Court Judge Ceisler halts PennDOT’s tolling plan
  • Pennsylvania receives $26.6M for abandoned mines through federal revitalization program
  • Gov. Wolf names Leigh M. Chapman acting secretary of the Commonwealth
  • PPG provides Lyft with powder coatings for e-bikes
  • FNB commits to $2.5M investment in Black Tech Nation Ventures

State Policy News

  1. Legislation would reduce paperwork for steel procurement
  2. Ben Franklin board approves $150,000 in new investments
  3. Philadelphia Mayor Kenney announces Keith Brune as acting CEO of Division of Aviation
  4. Commonwealth Court Judge Ceisler halts PennDOT’s tolling plan
  5. Wolf administration celebrates Internet for All Initiative
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