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Home » Investment » Page 119

Investment

Johnstown career center granted $200,000 in funding

By Melina Druga  |   January 16, 2020   |   Companies

The Manufacturing PA initiative recently approved the Greater Johnstown Career & Technology Center (GJCTC) for $200,000 in funding for phase two of its workforce teaching model. The model, Learn Wh...

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Talen Energy completes sale of Interstate Energy Company to Adelphia Gateway

By Kevin Randolph  |   January 15, 2020   |   Companies

Talen Energy Corporation announced Monday that it completed the previously announced sale of its indirect, wholly owned subsidiary Interstate Energy Company LLC (IEC) to Adelphia Gateway, LLC (Adelphi...

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Pittsburgh’s WESCO International to acquire Anixter International

By Kevin Randolph  |   January 15, 2020   |   Companies

WESCO International, Inc. and Anixter International Inc. announced Monday that WESCO will acquire Anixter under a definitive merger agreement unanimously approved by the companies' boards of directors...

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PPG debuts new coatings at battery conference

By Melina Druga  |   January 15, 2020   |   Companies

PPG debuted its PPG CORATHERM thermal gap filler during a technical presentation Monday at the Advanced Automotive Battery Conference Europe in Germany. The coating is designed to help enhance ele...

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Food manufacturer Joy Cone to expand in Mercer County

By Kevin Randolph  |   January 14, 2020   |   Companies

Gov. Tom Wolf recently announced that Joy Cone, a food manufacturer in Mercer County, will expand its cookie manufacturing operations in the county, supporting the creation and retention of more than ...

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The Clarke Companies acquires Wayne, Penn.-based Covex, LLC

By Kevin Randolph  |   January 14, 2020   |   Companies

The Clarke Companies recently acquired Covex, LLC, a global provider of validation and compliance services for the life sciences, food & beverage, and chemical industries based in Wayne, Pa. The Cl...

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GIANT to invest $114M expansion in Pennsylvania

By Melina Druga  |   January 13, 2020   |   Companies

GIANT Food Stores recently announced it will invest $114 million in Pennsylvania over the next 18 months. “We’re doubling down on growth and innovation for our customers, building on the incred...

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Agency approves loans funding seven businesses in six counties

By Melina Druga  |   January 10, 2020   |   Featured

The Pennsylvania Industrial Development Authority (PIDA) recently approved seven low-interest loans for businesses in six counties. The funds will be used for business expansion and the purchase of...

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CONSOL Energy purchase stake in inorganic carbon material company

By Melina Druga  |   January 10, 2020   |   Companies

Canonsburg-based CONSOL Energy recently purchased a 25 percent stake in CFOAM Corp., a new holding company, for $3.5 million. CFOAM Limited owns the remaining stake. CONSOL Energy produces high...

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Allentown-based Air Products awarded long-term supply agreement for project with Gulf Coast Ammonia

By Kevin Randolph  |   January 9, 2020   |   Companies

Air Products, an international supplier of gases and chemicals for industrial use based in Allentown Pa., announced yesterday its largest-ever investment in the United States. The company won a lon...

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Gov. Wolf announces $500,000 for agriculture education

By Kevin Randolph  |   January 8, 2020   |   Investment

Gov. Tom Wolf announced Monday the approval of $500,000 in Ag and Youth Grants for 55 projects that aim to improve access to agriculture education in Pennsylvania. “Today’s youth are tomorrowâ€...

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Penn State New Kensington to offer special business course

By Melina Druga  |   January 8, 2020   |   Companies

Penn State New Kensington campus' innovation hub, The Corner, will be hosting a free, 10-week, business course beginning in February. Participants will meet for nine two-hour sessions and will work...

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Pennsylvania Farm Show 2020 opens

By Melina Druga  |   January 7, 2020   |   Investment

The 2020 Pennsylvania Farm Show opened Saturday at the Pennsylvania Farm Show Complex and Expo Center in Harrisburg. Gov. Tom Wolf and state Agriculture Secretary Russell Redding opened the show, ...

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Danboro-based PennEngineering acquires Eurotec Ltd.

By Kevin Randolph  |   January 3, 2020   |   Companies

PennEngineering, a global provider of fasteners and hardware products based in Danboro, Pa., announced Thursday that it acquired Eurotec Ltd., a reseller of metal fabrication equipment, fastener insta...

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Chewy to expand operations in Lackawanna County, create 1,000 jobs

By Kevin Randolph  |   January 2, 2020   |   Companies

Chewy, an online retailer of pet-related products, will expand its operations in Lackawanna County, Pa., constructing a new fulfillment center and creating at least 1,000 new, full-time jobs in Archba...

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State awards more than $5M to 42 revitalization projects

By Melina Druga  |   January 2, 2020   |   Investment

The Keystone Communities program, administered by the Department of Community and Economic Development, recently awarded more than $5 million in funding to 42 community revitalization projects through...

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Gov. Wolf announces new funding for heat, frost insulation apprenticeships in Philadelphia

By Kevin Randolph  |   December 31, 2019   |   Investment

Gov. Tom Wolf recently announced the approval of new apprenticeship funding for the International Association of Heat and Frost Insulators and Allied Workers (IAHFIAW) JAC Local Unit 14 in Philadelphi...

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United States holds competitive advantage in natural gas industry

By Melina Druga  |   December 31, 2019   |   Featured

The United States holds a competitive advantage regarding its domestic supplies of affordable natural gas and natural gas liquids (NGLs), according to the American Chemistry Council. The council st...

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Swedish company to purchase Summerill Tube

By Melina Druga  |   December 30, 2019   |   Companies

Sandvik, a Stockholm-based high-tech and global engineering company, recently signed an agreement to purchase for an undisclosed amount Summerill Tube Corporation, based in Scottdale, Pa. Founded i...

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Local workforce development boards receive $5.8M in Youth Reentry Demonstration Project grants

By Kevin Randolph  |   December 27, 2019   |   Featured

The Pennsylvania Department of Labor & Industry (L&I) recently awarded $5.8 million in Youth Reentry Demonstration Project grants to 10 local workforce development boards (LWDBs). The programs pro...

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