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Home » Investment » Page 112

Investment

Food initiative receives $10M in federal funding

By Melina Druga  |   July 13, 2020   |   Federal

The Pennsylvania Fresh Food Financing Initiative (FFFI) recently received $10 million as part of the PA CARES appropriation being distributed to eligible food retailers in the form of one-time grants....

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Lynn Electronics purchases California manufacturer

By Melina Druga  |   July 10, 2020   |   Companies

Lynn Electronics, an Ivyland-based manufacturer of fiber optic and copper cable assemblies, recently completed the acquisition of Coast 2 Coast (C2C), a custom fiber optic and copper cable assembly ma...

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Companies to build ammonia production facility

By Melina Druga  |   July 9, 2020   |   Companies

Allentown–based Air Products and two business partners recently signed a $5 billion agreement to build a green hydrogen-based ammonia production facility powered by renewable energy in Saudi Arabia....

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Dept. of Energy report details petrochemical’s economic promise in Appalachia

By Hil Anderson  |   July 8, 2020   |   Companies

Exporting Appalachia’s bountiful natural gas supplies continues to be a challenge, but the U.S. Department of Energy (DOE) said in a new report that the still-developing petrochemical industry would...

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Bill would unify agency computer systems

By Melina Druga  |   July 8, 2020   |   Investment

Legislation recently introduced in the state House would potentially cut down on the delays associated with receiving jobless benefits. Under the bill, General Assembly legislative staff would have...

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Program offers rent, mortgage relief during pandemic

By Melina Druga  |   July 7, 2020   |   Investment

The Pennsylvania Housing Finance Agency (PHFA) recently opened applications for a new program offering renters and homeowners impacted by the coronavirus pandemic financial aid. The agency will pro...

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Beaver County site now free of hazardous chemicals

By Melina Druga  |   July 6, 2020   |   Companies

The Pennsylvania Department of Environmental Protection (DEP) recently concluded an interim response under the Hazardous Sites Cleanup Act (HSCA) for the Pool Doctor-Beaver Alkali Products Site in Roc...

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Pennsylvania small businesses can begin applying for federal relief grants

By Melina Druga  |   July 2, 2020   |   Companies

Small businesses statewide can now apply for the COVID-19 Relief Statewide Small Business Assistance program grants, which opened applications on Tuesday. Funding for the program is through the f...

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Legislation provides tax relief for improving blighted areas

By Melina Druga  |   July 2, 2020   |   Investment

Legislation recently passed by the Pennsylvania General Assembly would allow local taxing authorities to provide tax exemptions of up to 10 years for any improvements or new construction on blighted p...

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FirstNet expands across Pennsylvania

By Melina Druga  |   July 1, 2020   |   Companies

FirstNet, a wireless communication network for first responders, recently announced its expansion across Pennsylvania. In Huntingdon County, a new site will provide coverage around Broad Top City a...

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FirstLight announces Pennsylvania expansion with over 1,000 route miles of newly built fiber

By Debra Flax  |   June 30, 2020   |   Companies

FirstLight, a leading provider of fiber-optic data, internet, data center, cloud and voice services to enterprise and carrier customers throughout the northeastern United States, recently announced pl...

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Food providers receive $40 million in funding

By Melina Druga  |   June 30, 2020   |   Federal

Pennsylvania’s food security programs and dairy industry recently each received $20 million in federal funding through the CARES Act, totaling their federal funding to $40 million. A total of $5 ...

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Governors seek federal development of broadband strategy

By Melina Druga  |   June 29, 2020   |   Featured

A bipartisan coalition of 11 governors, including Pennsylvania’s Gov. Tom Wolf, recently sent a letter to President Donald Trump and Congressional leaders urging an efficient and effective strategy ...

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Penn State awards 10 manufacturing grants through DCED initiative

By Melina Druga  |   June 29, 2020   |   Investment

Penn State recently awarded 10 grants through the Pennsylvania Department of Community and Economic Development (DCED) Manufacturing PA initiative. The projects are part of the initiative’s fello...

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Penn State develops program for small businesses handling COVID-19 impacts

By Melina Druga  |   June 25, 2020   |   Companies

The Penn State Small Business Development Center (SBDC), a business consulting provider for small businesses in Centre, Clinton, Lycoming, and Mifflin counties, recently launched a program to help sma...

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EQT awards more than $500,000 in grants to nonprofit organizations

By Melina Druga  |   June 25, 2020   |   Companies

The EQT Foundation recently announced it has awarded more than $500,000 in grants to nonprofit organizations and programs in southwestern Pennsylvania, eastern Ohio, and northern West Virginia. EQT...

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BFTP announces emergency investments of more than $1.4M awarded to 18 start-ups

By Debra Flax  |   June 24, 2020   |   Companies

The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) announced Monday that it has awarded approximately $1.4 million in emergency investments to protect existing portfolio clie...

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Senate committee advances rural broadband bill

By Melina Druga  |   June 24, 2020   |   Investment

The Senate Communications and Technology Committee recently advanced legislation that would establish a grant program to extend the deployment of broadband services in underserved communities. Sena...

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Reps. Fitzpatrick, Wild introduce legislation to stabilize restaurant industry after COVID-19

By Debra Flax  |   June 22, 2020   |   Featured

U.S. Reps. Brian Fitzpatrick (R-PA) and Susan Wild (D-PA) introduced legislation last week that calls for a $120 billion restaurant stabilization grant program to help independent restaurants followin...

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Legislation would reauthorize National Heritage Areas

By Melina Druga  |   June 22, 2020   |   Investment

A bipartisan bill recently introduced in the U.S. Congress would reauthorize the state’s five National Heritage Areas (NHAs) for 15 years. NHAs are partnerships between the National Park Service,...

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