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Home » Investment » Page 128

Investment

Appalachian Regional Commission provides grant to support Saint Francis University program

By Kevin Randolph  |   July 26, 2019   |   Investment

The Appalachian Regional Commission (ARC) recently announced that Saint Francis University in Loretto, Pa., will receive a $150,000 grant to support advanced patient simulation training equipment for ...

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Sen. Casey urges Senate committees to fund “vital” programs for south central Pennsylvania

By Melina Druga  |   July 26, 2019   |   Featured

U.S. Sen. Bob Casey (D-PA) recently urged Congress to maintain funding for the Chesapeake Bay program and the Assistance to Nuclear Closure Communities program in fiscal year 2020 appropriations bills...

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PPG acquires Dexmet Corporation

By Melina Druga  |   July 24, 2019   |   Companies

Paint manufacturer PPG recently reached an agreement with private equity firm Sverica Capital Management LP to acquire Dexmet Corp. Headquartered in Wallingford, Conn., Dexmet manufactures special...

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Mifflin County Academy of Science and Technology receives grant to support welding training program

By Kevin Randolph  |   July 23, 2019   |   Investment

Gov. Tom Wolf recently announced that the Mifflin County Academy of Science and Technology will receive a $200,000 grant through the Manufacturing PA initiative to support its post-secondary training ...

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Sens. Toomey, Young, Cotton introduce bill to prevent government bailouts

By Kevin Randolph  |   July 22, 2019   |   Companies

U.S. Sens. Pat Toomey (R-PA), Todd Young (R-IN), and Tom Cotton (R-AR) recently introduced a bill that would prevent federal dollars from being used to help insolvent state, territory or local governm...

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Community, education and business officials join governor in calling for statewide broadband access

By Kevin Randolph  |   July 22, 2019   |   Featured

Office of Broadband Initiatives Acting Executive Director Sheri Collins and representatives from Pennsylvania’s business, education, and municipal sectors recently joined Gov. Tom Wolf at a press co...

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Rep. Burns urges Amazon to open Pennsylvania headquarters

By Melina Druga  |   July 22, 2019   |   Companies

State Rep. Frank Burns (D-Cambria) sent a letter Thursday to Amazon CEO Jeff Bezos urging the company to consider Cambria County as its new headquarters. The letter was a follow-up to correspondenc...

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Credit: PMA

Taiwan “bursting” with possibilities for Pennsylvania businesses, Pa. Manufacturers’ Association says

By Debra Flax  |   July 19, 2019   |   Companies

Following a two-week exchange trip to Taiwan, Carl Marrara, vice president of government affairs at the Pennsylvania Manufacturers’ Association, said the Office of Trade and Investment in Taipei is ...

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Lawmakers announce grant to extend natural gas service to East Allen Township’s Keystone Cement Company

By Kevin Randolph  |   July 19, 2019   |   Companies

State Sen. Mario Scavello (R-Northampton/Monroe) and Rep. Marcia Hahn (R-Northampton) announced Wednesday the award of an approximately $321,000 grant to extend natural gas service to Keystone Cement ...

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Giant Eagle partners with checkout-free technology provider

By Melina Druga  |   July 18, 2019   |   Companies

Pittsburgh-based food retailer Giant Eagle recently partnered with Grabango to provide a no-wait checkout experience. Grabango’s checkout-free technology works by utilizing computer vision and ma...

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U.S. Small Business Administration visits Erie to discuss economic development initiative

By Kevin Randolph  |   July 16, 2019   |   Featured

An advance team from the U.S. Small Business Administration recently visited Erie to discuss a new initiative to promote economic growth and job creation in the region. The team discussed plans to ...

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AT&T invests $775M in local networks over three years

By Melina Druga  |   July 16, 2019   |   Companies

Between 2016 and 2018, AT&T invested more than $775 million in Pennsylvania’s wireless and wired networks, according to the company, and also improved services supporting the FirstNet communications...

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Volkswagen, Ford to invest billions in Argo AI on autonomous vehicle technology

By Kevin Randolph  |   July 15, 2019   |   Companies

Volkswagen AG and Ford Motor Co. confirmed on Friday they will collaborate on electric vehicles and invest billions of dollars in Argo AI, a Pittsburgh-based autonomous vehicle technology platform com...

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Cellulose fiber manufacturer IQ Fibers to establish manufacturing operation in Northampton County

By Kevin Randolph  |   July 11, 2019   |   Companies

IQ Fibers, a start-up cellulose fiber manufacturer, recently selected Northampton County to establish its first manufacturing operation in Pennsylvania, a project that is expected to create 43 new, fu...

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Pennsylvania transfers $317 million into rainy day fund, marks largest transfer in nearly 20 years

By Melina Druga  |   July 11, 2019   |   Investment

The state recently deposited $317 million into the commonwealth’s Rainy Day Fund, the largest funds transfer since the Great Recession in the early 2000s. Last year the state made its first depos...

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Turkey Hill plans to invest in manufacturing

By Melina Druga  |   July 10, 2019   |   Companies

Turkey Hill, a manufacturer and distributor of ice cream and refrigerated drinks, recently announced that it will invest in its manufacturing operations and will increase its hiring efforts. The a...

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Sen. Vogel’s farming legacy bill signed into law

By Melina Druga  |   July 8, 2019   |   Investment

Gov. Tom Wolf signed Senate Bill 478, sponsored by Sen. Elder Vogel (R- New Sewickley Township), into law last week. The “farming legacy” bill provides a personal income tax credit for landowne...

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Bill creating Dairy Investment Program signed into law

By Kevin Randolph  |   July 3, 2019   |   Featured

Gov. Tom Wolf signed into law Monday a bill authored by state Rep. Clint Owlett (R-Tioga/Bradford/Potter), a member of the House Agriculture and Rural Affairs Committee, that will create a program to ...

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Lancaster County senators support advancement of budget bill

By Kevin Randolph  |   July 1, 2019   |   Investment

Lancaster County Sens. Ryan P. Aument (R-36) and Scott Martin (R-13) recently voted for a budget bill that includes a $33.97 billion spending plan, no new taxes, and increased funding for education an...

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North American Höganäs High Alloys to expand operations, create jobs in Cambria County

By Kevin Randolph  |   June 28, 2019   |   Companies

Gov. Tom Wolf announced Wednesday that North American Höganäs High Alloys, LLC (Höganäs), which manufactures powdered metal products, will expand its operations in Cambria County, supporting the c...

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