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Home » Investment » Page 13

Investment

WhiteHawk Energy renews proposal to buy PHX Minerals

By Kim Riley  |   October 16, 2024   |   Companies

WhiteHawk Energy LLC, which is focused on acquiring mineral and royalty interests in the Permian Basin, Eagle Ford Shale, Haynesville Shale, and Marcellus Shale, this week reiterated its proposal to b...

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ACR purchases New Jersey product supply company

By Melina Druga  |   October 15, 2024   |   Companies

Exton-based ACR, an essential foodservice supplies supplier, recently purchased New Jersey-based Mat-Pac, a product supplier for the North American foodservice and janitorial/sanitation markets. "...

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PhilaWorks launches job initiative

By Melina Druga  |   October 15, 2024   |   Featured

Philadelphia Works (PhilaWorks), Philadelphia's Workforce Development Board, recently announced an initiative designed to strengthen the city's infrastructure labor market by developing talent pipelin...

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BAE Systems receives $184M contract modification for U.S. Army AMPV production

By Melina Druga  |   October 11, 2024   |   Companies

BAE Systems, a London-based defense and space manufacturing company, recently received a $184 million contract modification, which adds 48 Armored Multi-Purpose Vehicles (AMPV) to an existing U.S. Arm...

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Acrow installs solar panels at Milton facility

By Melina Druga  |   October 11, 2024   |   Companies

Acrow, a New Jersey-based international bridge engineering and supply company, recently completed the installation of rooftop-mounted solar panels at its steel manufacturing facility in Milton. Th...

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PPG agrees to supply Georgia company with flooring products

By Melina Druga  |   October 10, 2024   |   Companies

PPG recently signed a strategic agreement with Georgia-based Shaw Industries Group, a flooring and other surface solutions provider, to offer the PPG FLOORING line of resinous flooring products to Sha...

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New state manufacturing training grant to Millersville University program will build up workforce

By Kim Riley  |   October 10, 2024   |   Featured

The Shapiro administration has invested $200,000 in the Robotic WorX program at Millersville University in Millersville, Pa., to help develop a strong pipeline of manufacturing industry workers throug...

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PhilaPort unveils 15-year strategic plan to bolster infrastructure development

By Kim Riley  |   October 9, 2024   |   Featured

As demand and cargo volumes continue to increase, the Port of Philadelphia (PhilaPort) plans to build the necessary capacity to accommodate the next several decades of growth, according to its newly r...

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Eight wine projects receive $1M in research and marketing grants

By Melina Druga  |   October 9, 2024   |   Companies

The PA Liquor Control Board recently awarded eight projects $1 million in research and marketing grants to increase sales, production, and quality of Pennsylvania wines. “William Penn literally p...

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Flexopack USA to open first American manufacturing facility in Lebanon County

By Melina Druga  |   October 8, 2024   |   Companies

Flexopack USA, a wholesale distributor of flexible packaging, plans to build a 107,000-square-foot, rail-served facility in Lebanon County. The project will be completed in three phases and is expe...

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Bucks County Community College programs receive manufacturing training grant

By Melina Druga  |   October 7, 2024   |   Investment

The state Department of Community and Economic Development (DCED) recently awarded the Industrial Maintenance and Metalwork Training programs at Bucks County Community College (BCCC) a $400,000 Manufa...

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Credit: Hydro

Cressona ribbon cutting ceremony celebrates expanded manufacturing plant

By Kim Riley  |   October 4, 2024   |   Companies

Pennsylvania Department of Community and Economic Development (DCED) Secretary Rick Siger on Oct. 2 helped cut the ribbon on Hydro’s Extrusion plant in Cressona, Pa., in celebration of the state’s...

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Upgrading U. S. Steel’s Mon Valley Works facilities could lead to massive PA benefits, study says

By Kim Riley  |   October 3, 2024   |   Companies

As U. S. Steel Corp. and Nippon Steel Corp. continue working through federal regulatory reviews of a pending takeover of the Pittsburgh-based company by Japan’s largest steelmaker, a new economic im...

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Nordic Cold Chain Solutions purchases New York company

By Melina Druga  |   October 3, 2024   |   Companies

Hatfield-based Nordic Cold Chain Solutions, a temperature-controlled packaging solutions provider, recently purchased New York-based Minus Works Inc., a manufacturing and technology company focused on...

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Warren, Pennsylvania, USA May 31, 2023 An oil derrick in the woods on a sunny spring day

Legislation would sell alternative energy credits to offset orphan, abandoned wells

By Melina Druga  |   October 2, 2024   |   Investment

Legislation recently introduced in the state Senate would sell alternative energy credits as a method to curb orphan and abandoned wells. Senate Bill 1330 would direct the Pennsylvania Department o...

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Lehigh Heavy Forge awarded $15M grant to enhance production capacity

By Melina Druga  |   October 2, 2024   |   Companies

The Department of Defense recently awarded Lehigh Heavy Forge in Bethlehem a $15 million Defense Production Act Investments program grant. Funding will be used for press equipment upgrades and enha...

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Vishay Precision Group purchases German company

By Melina Druga  |   October 1, 2024   |   Companies

Malvern-based Vishay Precision Group (VPG), a precision measurement and sensing technologies company, recently purchased Germany-based Nokra Optische Prueftechnik & Automation GmbH (Nokra), a precisio...

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State budget provides $30M for career and technical education

By Melina Druga  |   September 30, 2024   |   Investment

The 2024-25 budget would increase funding for career and technical education (CTE) and equipment by $30 million. “Over the past two years, I’ve visited career and technical schools in Altoona...

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Lehigh Valley manufacturing needs more skilled workers, say stakeholders

By Kim Riley  |   September 30, 2024   |   Featured

Training and recruiting skilled workers in the manufacturing field are top concerns in Pennsylvania’s Lehigh Valley, as in other parts of the state, according to testimony given during a hearing led...

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Revenue bonds provide $315M for Philadelphia Gas Works

By Melina Druga  |   September 30, 2024   |   Companies

Gas Works Revenue Bonds 17th Series A&B have provided Philadelphia with $315 million for Philadelphia Gas Works (PGW) infrastructure investments. Improvements will focus on maintaining a safe, r...

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