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Home » Investment » Page 116

Investment

State to make up to $4M available for tackling employment barriers

By Melina Druga  |   March 16, 2020   |   Featured

Pennsylvania will make available up to $4 million in Strategic Innovation Grants to help communities address employment barriers, according to Department of Labor & Industry Secretary Jerry Oleksiak. ...

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Company selected to help with Port Authority of Allegheny County plan

By Melina Druga  |   March 16, 2020   |   Companies

The Port Authority of Allegheny County recently selected Michael Baker International, a Pittsburgh-based engineering, planning and consulting services firm, to help the port authority develop a 25-yea...

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Harsco’s rail division awarded three-year contract

By Melina Druga  |   March 13, 2020   |   Companies

Network Rail, the largest infrastructure manager of railway networks in the United Kingdom, recently awarded Camp Hill-based Harsco Corp.’s rail division a $25 million, three-year mobile maintenance...

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Legislation would repeal broadband tax credit

By Melina Druga  |   March 12, 2020   |   Featured

Legislation recently introduced in the state House would repeal the Mobile Telecommunications Broadband Investment Tax Credit. The credit is available to mobile telecommunication providers to inves...

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IDEX Corporation purchases Flow Management Devices

By Melina Druga  |   March 11, 2020   |   Companies

IDEX Corp., a global fluidics company, recently completed its $125 million acquisition of Flow Management Devices, LLC (Flow MD), a provider of flow measurement systems that ensure custody transfer ac...

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Credit: Sen. John Yudichak

Legislators fight for jobs in calling for governor to sign manufacturing tax credit bill

By Phil Yacuboski  |   March 10, 2020   |   Companies

Pennsylvania House Republicans are pushing for Gov. Tom Wolf to sign into law an energy and fertilizer manufacturing tax credit, part of a series of bills called ‘Energize PA,’ aimed at job growth...

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Northeast Philadelphia opens first comprehensive workforce development center

By Debra Flax  |   March 10, 2020   |   Companies

Gov. Tom Wolf and local representatives celebrated last week the grand opening of the Toben Center, Northeast Philadelphia’s first comprehensive workforce development center. Wolf’s proposed 20...

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Penn State Extension to offer landscape training course

By Melina Druga  |   March 10, 2020   |   Companies

Penn State Extension is offering a series of six online courses for entry-level or seasonal landscape employees. Five courses are available now and one will be available in April. The “Emplo...

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McKean County receives $11.9 million federal rail grant

By Melina Druga  |   March 10, 2020   |   Federal

The Federal Railroad Administration (FRA) recently awarded McKean County an $11.9 million Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant. The grant funds projects that improve...

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Iron casting company to expand operations in Columbia County

By Debra Flax  |   March 9, 2020   |   Companies

Benton Foundry, Inc., an iron casting company, announced plans last week to expand its operations and production capabilities at its facility in Benton, Columbia County. More than 300 jobs will be ...

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Legislation would create additional funding options for infrastructure projects

By Melina Druga  |   March 6, 2020   |   Featured

Recently introduced legislation would create another funding option for local governments to fund large road and bridge projects. House Bill 2064 would allow county infrastructure banks to apply fo...

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Industrial Development Authority issues six new low-interest loan approvals

By Melina Druga  |   March 6, 2020   |   Companies

The Pennsylvania Industrial Development Authority (PIDA) recently awarded six new low-interest loans. “The businesses that were awarded funding today will expand their operations and improve se...

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Canadian developer to invest more than $300M in Pennsylvania solar project portfolio

By Debra Flax  |   March 5, 2020   |   Companies

Grasshopper Solar, a global developer and asset owner headquartered in Canada, announced this week its acquisition of a 278 MWdc portfolio of solar projects from Glidepath Ventures, a leading clean en...

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PennDOT commits more than $487M in liquid fuels payments for local roads, bridges

By Debra Flax  |   March 4, 2020   |   Featured

The Pennsylvania Department of Transportation (PennDOT) announced Tuesday the distribution of $487.5 million in liquid fuels payments to aid certified municipalities in road and bridge maintenance, su...

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Seakeeper expanding its presence in Pennsylvania

By Melina Druga  |   March 3, 2020   |   Companies

Seakeeper, a manufacturer of gyroscopes for boats, recently announced plans to move its headquarters to Pennsylvania and will expand the existing Berks County manufacturing facility. The company wi...

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Rep. Smucker cosponsors railroad bill

By Melina Druga  |   March 2, 2020   |   Federal

U.S. Rep. Lloyd Smucker (R-PA) recently introduced legislation that would improve the Railroad Rehabilitation and Improvement Financing Program. The program authorizes the Department of Transportat...

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Reps. Fitzpatrick, Khanna introduce bill to provide apprenticeship opportunities for students

By Kevin Randolph  |   February 28, 2020   |   Featured

Reps. Brian Fitzpatrick (R-PA) and Ro Khanna (D-CA) introduced on Feb. 25 the Student Apprenticeship Act, which aims to provide apprenticeship opportunities for students. The bill is a companion to...

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Scholarship proposal seeks to help students afford state universities

By Melina Druga  |   February 28, 2020   |   Investment

Gov. Tom Wolf recently met with students and parents at Pennsbury High School in Bucks County to discuss a scholarship proposal that would help thousands of lower- and middle-class students attend Pen...

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Wynnchurch Capital acquires Pennsylvania Machine Works

By Kevin Randolph  |   February 27, 2020   |   Companies

Wynnchurch Capital, L.P. announced Tuesday that it acquired Pennsylvania Machine Works, LLC, a fully integrated manufacturer of high pressure forged fittings and branch connections founded in 1931 and...

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FXI merges with Innocor to create leading provider of innovative comfort technology

By Melina Druga  |   February 27, 2020   |   Companies

Radnor-based FXI, a supplier to North American home furnishings providers, recently completed a merger with Innocor, an innovative comfort technology solutions provider. The combined company will o...

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