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Home » Investment » Page 16

Investment

Shapiro administration announces 66 projects across state awarded transportation funding

By Kim Riley  |   August 26, 2024   |   Featured

Pennsylvania Gov. Josh Shapiro announced on Aug. 19 that more than $51 million in funding from the Multimodal Transportation Fund has been awarded to 66 transportation projects in 32 counties in the s...

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Philadelphia awarded $1.31M federal grant for energy efficiency, conservation projects

By Melina Druga  |   August 23, 2024   |   Federal

The U.S. Department of Energy recently awarded Philadelphia a $1.31 million Energy Efficiency and Conservation Block Grant (EECBG) Program grant. The EECBG Program funds projects that improve energ...

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Penn State researchers developing robotic precision pesticide sprayer

By Melina Druga  |   August 23, 2024   |   Investment

Researchers at Penn State are developing a robotic precision pesticide sprayer capable of targeted application while minimizing unintended exposure. “The primary goal of the project is to develop...

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CONSOL Energy, Arch Resources enter all-stock merger deal to create global coal producer

By Kim Riley  |   August 23, 2024   |   Companies

Pennsylvania’s CONSOL Energy Inc. has entered into a definitive agreement with Arch Resources Inc. to combine in an all-stock merger of equals to create a diversified coal producer serving global st...

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New $15M budget investment in tourism marketing bodes well for state’s economy

By Kim Riley  |   August 22, 2024   |   Featured

A $15-million investment in tourism marketing included in the recently approved bipartisan 2024-2025 state budget will boost the commonwealth’s economy, attract more visitors, and support good-payin...

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PPG launches spray-on insulation coating for oil and gas, infrastructure industries

By Melina Druga  |   August 22, 2024   |   Companies

Pittsburgh-based PPG recently launched PPG PITT-THERM 909, a spray-on insulation (SOI) coating. “PPG Pitt-Therm 909 coating represents our team’s ongoing commitment to advancing industry stand...

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Cool Valley Development awarded $1M grant to improve roads in Washington County

By Melina Druga  |   August 21, 2024   |   Investment

The Pennsylvania Multimodal Transportation Fund recently awarded Cool Valley Development a $1 million grant for improvements to Morganza and McMurray roads in Washington County. Cool Valley Develop...

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Local Pennsylvania fire departments to receive thousands in federal grant funds

By Kim Riley  |   August 21, 2024   |   Featured

U.S. Rep. Brian Fitzpatrick (R-PA) helped secure almost $1 million in funding through the Federal Emergency Management Agency (FEMA) Assistance to Firefighters Grant (AFG) program for three more Penns...

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Lackawanna College, Peirce College to merge

By Melina Druga  |   August 20, 2024   |   Investment

Lackawanna College and Peirce College recently announced their intent to merge. After the merger is completed, they will operate as a single institution under the Lackawanna College name. The c...

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Inflation Reduction Act continues benefiting Pennsylvanians, say lawmakers

By Kim Riley  |   August 20, 2024   |   Featured

U.S. Sen. Bob Casey (D-PA) and U.S. Rep. Susan Wild (D-PA) on Friday cheered the new jobs, energy investment, and reduced healthcare and prescription drug costs resulting from the Inflation Reduction ...

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Westinghouse gains federal approval to increase burnup limit in nuclear reactors

By Kim Riley  |   August 19, 2024   |   Companies

Cranberry Township, Pa.-based Westinghouse Electric Co. recently received federal approval to increase the burnup limit for its nuclear reactors. The power company said the action by the Nuclear Re...

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Novel assessment report finds CNX natural gas development safe

By Kim Riley  |   August 16, 2024   |   Companies

The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses...

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South Mill Champs expands its Florida distribution network

By Melina Druga  |   August 16, 2024   |   Companies

Kennett Square-based South Mill Champs, a vertically integrated grower and supplier of North American mushrooms and functional mushroom foods, recently purchased Baird Produce. The purchase expan...

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Conservative think tank cites reforms to make Pittsburgh more business friendly

By Kim Riley  |   August 15, 2024   |   Companies

For Pittsburgh to become a solid economically performing city, it must be made into an attractive destination for businesses and residents by curbing public spending, reducing taxation, trimming exces...

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DICK’S Sporting Goods planning Texas regional distribution center

By Melina Druga  |   August 15, 2024   |   Companies

Pittsburgh-based DICK'S Sporting Goods, an omnichannel retailer serves athletes and outdoor enthusiasts, plans to build an 800,000-square-foot regional distribution center in Fort Worth, Texas. The...

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WATT Fuel Cell expands headquarters

By Melina Druga  |   August 15, 2024   |   Companies

WATT Fuel Cell Corp., a manufacturer and developer of Solid Oxide Fuel Cell (SOFC) stacks and systems that operate on readily available fuels, recently expanded its manufacturing plant and headquarter...

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State invests more than $2M to help international vacuum furnace manufacturer expand

By Kim Riley  |   August 14, 2024   |   Featured

Pennsylvania is investing more than $2 million to support the growth of a Poland-based vacuum furnace manufacturer in Crawford County.  SECO/VACUUM Technologies, the U.S. arm of the publicly trade...

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Penn State, Shell partner for environmental initiatives

By Melina Druga  |   August 14, 2024   |   Companies

Penn State and Shell USA recently partnered to focus on decarbonization, energy transition, the creation of an inclusive and innovative energy work force, and polymer recycling and biodiversity. Sh...

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SupplyOne opens new locations in Portland, Seattle, and Toronto

By Melina Druga  |   August 14, 2024   |   Companies

Newtown Square-based SupplyOne, an independent distributor and manufacturer of corrugated and packaging products, equipment and services, recently added locations in Portland, Seattle, and Toronto. ...

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Opportunities Industrialization Center awarded $575,000 in Community Project Funding

By Melina Druga  |   August 12, 2024   |   Companies

Philadelphia-based Opportunities Industrialization Center (OIC), an organization offering no cost training for in-demand careers, recently was awarded $575,000 in Community Project Funding (CPF). C...

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