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Home » Investment » Page 118

Investment

Lineal Industries launches marketing campaign

By Melina Druga  |   February 4, 2020   |   Companies

Lineal Industries, a specialty construction maintenance and pipeline integrity services company based in Pittsburgh, plans to launch a new national marketing campaign. Lineal Industries was establi...

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Elemica purchases Eyefreight to form global network

By Melina Druga  |   February 3, 2020   |   Companies

Wayne-based Elemica recently purchased Eyefreight, a provider of Level 5 SaaS Transportation Management System technology, for an undisclosed amount. Elemica uses cutting-edge software solutions t...

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Perrystead Dairy LLC receives grant to start new creamery in Philadelphia

By Kevin Randolph  |   February 3, 2020   |   Companies

State Rep. Mary Isaacson (D-Philadelphia) recently announced that Perrystead Dairy LLC was awarded a $126,039 state grant, which it will use to purchase and install equipment associated with the start...

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PennEast Pipeline Company files to construct PennEast Pipeline Project using phased approach

By Kevin Randolph  |   February 3, 2020   |   Companies

PennEast Pipeline Company LLC announced Jan. 31 that it filed an amendment with the Federal Energy Regulatory Commission (FERC) to construct the PennEast Pipeline Project in two separate phases. P...

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United Parcel Service to expand operations in Pennsylvania, creating 1,700 new jobs

By Kevin Randolph  |   January 31, 2020   |   Companies

Gov. Tom Wolf announced Wednesday that United Parcel Service (UPS) will expand its operations in Pennsylvania, resulting in the creation of 1,721 new, full-time jobs and the retention of 6,458 full-ti...

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Lineal Industries opens Houston field office

By Melina Druga  |   January 30, 2020   |   Companies

Lineal Industries, a specialty construction, maintenance, and pipeline integrity services company, based in the Pittsburgh suburb of Bridgeville, recently announced it has opened a field operations of...

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PMA, Marcellus Shale Coalition raise concerns regarding Wolf’s Restore Pennsylvania plan

By Kevin Randolph  |   January 29, 2020   |   Featured

The Pennsylvania Manufacturers’ Association (PMA) and the Marcellus Shale Coalition released statements Tuesday expressing their opposition to Gov. Tom Wolf’s “Restore Pennsylvania” proposal. ...

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Lehigh Valley Economic Development Corporation breaks investment record fifth year in a row

By Melina Druga  |   January 29, 2020   |   Investment

The Lehigh Valley Economic Development Corp. (LVEDC) experienced record-breaking investment in 2019 for a fifth consecutive year. Last year, the corporation received $736,600 in private and public ...

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Governor’s proposed budget includes $5M increase for Ben Franklin Technology Development Authority

By Kevin Randolph  |   January 28, 2020   |   Companies

Gov. Tom Wolf recently announced that his proposed 2020-21 General Fund budget will include an increase of $5 million for the Ben Franklin Technology Development Authority (BFTDA), which funds the Ben...

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Pennsylvania Public Utility Commission approves First Energy’s infrastructure improvement plans

By Kevin Randolph  |   January 27, 2020   |   Companies

The Pennsylvania Public Utility Commission (PUC) recently approved the second phase of the Long Term Infrastructure Improvement Plans (LTIIP II) proposed by FirstEnergy Corp. subsidiaries Metropolitan...

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Keystone Innovation Zone tax credits awarded to four companies in 2019 application period

By Kevin Randolph  |   January 24, 2020   |   Companies

The Harrisburg Regional Chamber and Capital Region Economic Development Corporation (CREDC), in partnership with the Pennsylvania Department of Community and Economic Development (DCED), announced Wed...

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Fiduciary Trust Co. to purchase Pennsylvania Trust Co.

By Melina Druga  |   January 24, 2020   |   Companies

Fiduciary Trust Co. International, a New York-based global wealth manager, recently entered into an agreement to acquire Radnor-based The Pennsylvania Trust Co., a wealth management firm for an undisc...

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Gecko Robotics receives $120,000 in state funding

By Melina Druga  |   January 23, 2020   |   Companies

Pittsburgh-based Gecko Robotics, a developer and operator of robots used in automated infrastructure inspections, was recently awarded $120,000 through the Job Creation Tax Credit program. Funding ...

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Universal Technical Institute launches career initiative

By Melina Druga  |   January 23, 2020   |   Companies

Universal Technical Institute’s (UTI) Exton campus recently launched the Early Employment initiative to give students post-secondary skills education in the transportation industry and develop skill...

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Skill-games manufacturer congratulates Pennsylvania casinos for successful year

By Melina Druga  |   January 22, 2020   |   Companies

Pace-O-Matic of Pennsylvania, a developer of legally compliant skill games, recently applauded Pennsylvania's casino industry for achieving record-high profits in 2019. Revenue at the state's 12 ...

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NueHealth purchases part of Paoli Surgery Center

By Melina Druga  |   January 22, 2020   |   Companies

NueHealth recently announced that it has purchased minority ownership of the Paoli Surgery Center in Paoli and assumed day-to-day management of the facility Dec. 1, 2019. Paoli Surgery Center opene...

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Workforce development boards awarded $2.4M from Department of Labor & Industry

By Melina Druga  |   January 21, 2020   |   Featured

The Department of Labor & Industry (L&I) awarded $2.4 million to 19 workforce development boards for Business-Education Partnership grants. The grants are fully funded through federal money made a...

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PetroChoice purchases Commercial Distributing

By Melina Druga  |   January 21, 2020   |   Companies

King of Prussia-based PetroChoice, one of the country’s largest petroleum-based lubricant distributors, recently completed the acquisition of Oklahoma City-based Commercial Distributing (CDi). CD...

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Aqua America’s purchase of Peoples Companies approved

By Melina Druga  |   January 20, 2020   |   Companies

The Pennsylvania Public Utility Commission recently approved a joint application by Aqua America and its subsidiaries, and Peoples Gas Company (the Peoples Companies) allowing Aqua America to purchase...

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New Manufacturing PA Training-to-Career funding to help promote awareness of manufacturing careers in Philadelphia area

By Kevin Randolph  |   January 17, 2020   |   Companies

Gov. Tom Wolf announced Wednesday that the Delaware Valley Industrial Resource Center (DVIRC) will receive $110,000 in Manufacturing PA Training-to-Career funding to increase the number of participant...

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